Ford Motor Company Retirement Plan vs Michigan State Employees Retirement System
Side-by-side pension health comparison from DOL and public plan data
Ford Motor Company Retirement Plan and Michigan State Employees Retirement System are meaningfully apart on the LakeQuality pension-health rubric: Ford Motor Company Retirement Plan grades A while Michigan State Employees Retirement System grades C. Funding ratios: 105% vs 62%.
Ford Motor Company Retirement 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
Ford Motor Company Retirement Plan has a stronger Pension Health Score of 100/100 (A) compared to Michigan State Employees Retirement System at 56/100 (C). Funding ratios differ by 43.5 percentage points (105.3% vs 61.8%). Ford Motor Company Retirement Plan covers 141,948 participants.
| Metric | Ford Motor Company Retirement Plan | Michigan State Employees Retirement System |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 100/100 (A)* | 56/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 105.3%* | 61.8% |
| Total Assets | $19.3B | $12.2B |
| Total Liabilities | $18.3B* | $19.7B |
| Unfunded Liability | $0* | $7.5B |
| Participants | 141,948 | 88,000 |
| 1-Year Investment Return | 7.5%* | 5.2% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | high |
| Sponsor | Ford Motor Company | State of Michigan |
Ford Motor Company Retirement Plan has a stronger Pension Health Score of 100/100 (A) compared to Michigan State Employees Retirement System at 56/100 (C). Funding ratios differ by 43.5 percentage points (105.3% vs 61.8%). Ford Motor Company Retirement Plan covers 141,948 participants.
Explore More
Related Comparisons
- Ford Motor Company Retirement Plan vs Dow Chemical Company Employees Pension Plan
- Ford Motor Company Retirement Plan vs General Motors Hourly-Rate Employees Pension Plan
- Ford Motor Company Retirement Plan vs General Motors Salaried Pension Plan
- Ford Motor Company Retirement Plan vs Michigan Public School Employees Retirement System (MPSERS)
- Michigan State Employees Retirement System vs Michigan Public School Employees Retirement System (MPSERS)
- Michigan State Employees Retirement System vs Detroit General Retirement System
- Michigan State Employees Retirement System vs Operating Engineers Local 324 Pension Fund
- Michigan State Employees Retirement System vs Dow Chemical Company Employees Pension Plan