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PensionRisk

Dow Chemical Company Employees Pension Plan vs General Motors Salaried Pension Plan

Side-by-side pension health comparison from DOL and public plan data

Dow Chemical Company Employees Pension Plan and General Motors Salaried Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: Dow Chemical Company Employees Pension Plan grades A while General Motors Salaried Pension Plan grades C. Funding ratios: 94% vs 71%.

Dow Chemical Company Employees Pension Plan comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.

Verdict

Dow Chemical Company Employees Pension Plan has a stronger Pension Health Score of 97/100 (A) compared to General Motors Salaried Pension Plan at 51/100 (C). Funding ratios differ by 22.2 percentage points (93.6% vs 71.5%). Dow Chemical Company Employees Pension Plan covers 32,746 participants.

MetricDow Chemical Company Employees Pension PlanGeneral Motors Salaried Pension Plan
Health Score
Composite of funding ratio, trend, and PBGC risk
97/100 (A)*51/100 (C)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
93.6%*71.5%
Total Assets$2.3B$468.2M
Total Liabilities$2.5B$655.1M*
Unfunded Liability$158.0M*$187.0M
Participants32,7463,061
1-Year Investment Return7.0%7.4%*
Plan Typecorporatecorporate
PBGC Risk Levellowmoderate
SponsorDow Inc.General Motors

Dow Chemical Company Employees Pension Plan has a stronger Pension Health Score of 97/100 (A) compared to General Motors Salaried Pension Plan at 51/100 (C). Funding ratios differ by 22.2 percentage points (93.6% vs 71.5%). Dow Chemical Company Employees Pension Plan covers 32,746 participants.

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