Table S-5
Top 10 Firms Presenting Claims (1975-2005)
Single-Employer Program
| Top 10 Firms |
Number of Plans |
Fiscal Year(s) of PlanTermination(s) |
Claims (by firm) |
Vested Participants |
Average Claim Per Vested Participant |
Percent of Total Claims (1975-2004) |
| 1. United Airlines |
4 |
2005 |
$7,093,803,951 |
122,541 |
$57,889 |
22.7% |
| 2. Bethlehem Steel |
1 |
2003 |
$3,654,380,116 |
97,015 |
$37,668 |
11.5% |
| 3. US Airways |
4 |
2003, 2005 |
2,861,901,511 |
58,823 |
48,653 |
9.0% |
| 4. LTV Steel* |
6 |
2002, 2003, 2004 |
1,959,679,993 |
80,961 |
24,205 |
6.2% |
| 5. National Steel |
7 |
2003 |
1,161,019,567 |
35,404 |
32,793 |
3.7% |
| 6. Pan American Air |
3 |
1991,1992 |
841,082,434 |
37,485 |
22,438 |
2.7% |
| 7. Weirton Steel |
1 |
2004 |
690,181,783 |
9,196 |
75,052 |
2.2% |
| 8. Trans World Airlines |
2 |
2001 |
668,377,105 |
34,257 |
19,511 |
2.1% |
| 9. Kemper Insurance |
2 |
2005 |
566,128,387 |
12,221 |
46,324 |
1.8% |
| 10. Kaiser Aluminum |
3 |
2004 |
565,812,015 |
17,591 |
32,165 |
1.8% |
| Top 10 Total |
33 |
|
$20,062,366,861 |
505,494 |
$39,689 |
63.3% |
| All Other Total |
3,552 |
|
11,646,148,178 |
1,178,762 |
9,880 |
36.7% |
| TOTAL |
3,585 |
|
$31,708,515,039 |
1,684,256 |
$18,826 |
100.0% |
Sources: PBGC Fiscal Year Closing File (9/30/05), 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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