Table S-5
Top 10 Firms Presenting Claims (1975-2005)
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 (1975-2005)
|
| 1. Bethlehem Steel |
1 |
2003 |
$3,654,380,116 |
97,015 |
$37,668 |
17.7% |
| 2. LTV Steel* |
6 |
2002, 2003, 2005 |
1,962,625,409 |
80,376 |
24,418 |
9.5% |
| 3. National Steel |
7 |
2003, 2005 |
1,146,438,451 |
35,404 |
32,382 |
5.6% |
| 4. Pan American Air |
3 |
1991,1992 |
841,082,434 |
37,485 |
22,438 |
4.8% |
| 5. US Airways Pilots |
1 |
2003 |
726,077,461 |
7,168 |
101,294 |
3.5% |
| 6. Weirton Steel |
1 |
2005 |
688,684,867 |
9,196 |
74,890 |
3.3% |
| 7. Trans World Airlines |
2 |
2001 |
668,377,105 |
34,171 |
19,560 |
3.2% |
| 8. Kaiser Aluminum |
3 |
2005 |
565,996,384 |
17,591 |
32,175 |
2.7% |
| 9. Eastern Air Lines |
7 |
1991 |
552,730,569 |
51,187 |
10,798 |
2.7% |
| 10. Wheeling-Pitt Steel |
7 |
1986 |
495,235,029 |
22,144 |
22,364 |
2.4% |
| Top 10 Total |
38 |
|
11,301,627,825 |
391,575 |
28,862 |
54.8% |
| All Other Total |
3,431 |
|
9,303,688,176 |
1,009,097 |
9,264 |
45.2% |
| TOTAL |
3,469 |
|
$20,605,316,001 |
1,400,672 |
$14,761 |
100.0% |
Sources: PBGC Fiscal Year Closing File (9/30/04), 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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