IBM Personal Pension Plan vs Iowa Public Employees Retirement System (IPERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
IBM Personal Pension Plan has a stronger Pension Health Score of 83/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 5.3 percentage points (90.1% vs 84.8%). IBM Personal Pension Plan covers 382,000 participants.
| Metric | IBM Personal Pension Plan | Iowa Public Employees Retirement System (IPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 83/100 (A)* | 80/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 90.1%* | 84.8% |
| Total Assets | $56.0B | $35.5B |
| Total Liabilities | $62.2B | $41.9B* |
| Unfunded Liability | $6.2B* | $6.4B |
| Participants | 382,000 | 372,000 |
| 1-Year Investment Return | 7.6%* | 6.4% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | low |
| Sponsor | IBM Corporation | State of Iowa |
IBM Personal Pension Plan has a stronger Pension Health Score of 83/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 5.3 percentage points (90.1% vs 84.8%). IBM Personal Pension Plan covers 382,000 participants.