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Clopay Ames Pension Plan
The Clopay Ames Pension Plan operates as a defined benefit plan under Griffon Corporation. The AMES Companies, Inc. serves as plan sponsor. Clopay Corporation...
Clopay Ames Pension Plan
The Clopay Ames Pension Plan operates as a defined benefit plan under Griffon Corporation. The AMES Companies, Inc. serves as plan sponsor. Clopay Corporation employees participate through the merged structure. The plan remains frozen with no active benefit accruals. Monthly retirement payments tie directly to years of service and compensation at retirement age. Griffon Corporation manages investment oversight for the portfolio. Hunter Fan Pension Plan, a related Griffon vehicle, terminated in 2024. The Orlando, PA headquarters houses plan administration. No additional offices or named professionals appear in public records. Griffon Corporation maintains direct responsibility for the plan as parent entity. This structure links the pension to the industrial operations of its affiliates without separate investment vehicles disclosed.
General information
Firm type
Pension Fund
Year founded
2002
Location
Region
North America
Country
United States
City
Orlando
Corporate office
Orlando, PA, United States
Frequently asked questions
Who oversees investment decisions for the Clopay Ames Pension Plan?
Griffon Corporation holds responsibility for investment oversight as the ultimate parent company.
What is the current status of benefit accruals in the plan?
The plan is frozen. No new benefit accruals are being made for participants.
Which entity sponsors the Clopay Ames Pension Plan?
The AMES Companies, Inc. acts as the primary plan sponsor.
How are benefits calculated under the plan?
Benefits are calculated based on years of credited service and compensation levels at the time of retirement.
What relationship exists with the Hunter Fan Pension Plan?
The Hunter Fan Pension Plan operated as a sister plan under Griffon Corporation and terminated in 2024.
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