Table S-5
Top 10 Firms Presenting Claims (1975-2003)
Single-Employer Program
| Top 10 Firms |
Number of Plans |
Fiscal Years of PlanTerminations |
Claims (by firm) |
Vested Participants |
Average Claim Per Vested Participant |
Percent of Total Claims (1975-2003)
|
| 1. Bethlehem Steel |
1 |
2003 |
$3,650,276,601 |
97,015 |
$37,626 |
20.8% |
| 2. LTV Steel* |
5 |
2002 |
1,849,498,808 |
78,732 |
23,491 |
10.5% |
| 3. National Steel |
7 |
2003 |
1,216,107,871 |
35,404 |
34,349 |
6.9% |
| 4. Pan American Air |
3 |
1991,1992 |
841,082,434 |
37,485 |
22,438 |
4.8% |
| 5. US Airlines Pilots |
1 |
2003 |
753,687,525 |
7,168 |
105,146 |
4.3% |
| 6. Trans World Airlines |
2 |
2001 |
710,513,624 |
34,189 |
20,782 |
4.0% |
| 7. Eastern Air Lines |
7 |
1991 |
552,730,569 |
51,187 |
10,798 |
3.1% |
| 8. Wheeling Pitt Steel |
7 |
1986 |
495,235,029 |
22,144 |
22,364 |
2.8% |
| 9. Polaroid |
1 |
2002 |
357,019,849 |
11,353 |
31,447 |
2.0% |
| 10. Sharon Steel |
5 |
1994 |
290,787,636 |
6,886 |
42,229 |
1.7% |
| Top 10 Total |
39 |
|
10,716,939,946 |
381,563 |
28,087 |
60.9% |
| All Other Total |
3,238 |
|
6,871,259,007 |
852,067 |
8,064 |
39.1% |
| TOTAL |
3,277 |
|
$17,588,198,953 |
1,233,630 |
$14,257 |
100.0% |
Sources: PBGC Fiscal Year Closing File (9/30/03), PBGC Case Administration System
and PBGC Participant System (PRISM).
Due to rounding, percentages may not add up to 100 percent.
Data in this table have been calculated on a firm basis and include all plans
of each firm.
Values and distributions are subject to change as PBGC completes its reviews and
establishes termination dates.
* Does not include 1986 termination of a Republic Steel plan sponsored by LTV.
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