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PensionRisk

IBM Personal Pension Plan vs Pfizer Inc. Retirement Annuity Plan

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

IBM Personal Pension Plan (A) and Pfizer Inc. Retirement Annuity Plan (A) are close on the LakeQuality rubric. Funding ratios sit at 131% and 109% respectively — within a few points of each other.

With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.

Verdict

IBM Personal Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Pfizer Inc. Retirement Annuity Plan at 100/100 (A). Funding ratios differ by 22.1 percentage points (131.0% vs 108.8%). IBM Personal Pension Plan covers 140,566 participants.

MetricIBM Personal Pension PlanPfizer Inc. Retirement Annuity Plan
Health Score
Composite of funding ratio, trend, and PBGC risk
100/100 (A)100/100 (A)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
131.0%*108.8%
Total Assets$24.4B$11.0B
Total Liabilities$18.7B$10.1B*
Unfunded Liability$0$0
Participants140,56656,716
1-Year Investment Return7.6%*7.2%
Plan Typecorporatecorporate
PBGC Risk Levellowlow
SponsorIBM CorporationPfizer Inc.

IBM Personal Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Pfizer Inc. Retirement Annuity Plan at 100/100 (A). Funding ratios differ by 22.1 percentage points (131.0% vs 108.8%). IBM Personal Pension Plan covers 140,566 participants.

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