Raytheon Company Pension Plan for Salaried Employees vs Operating Engineers Local 324 Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Raytheon Company Pension Plan for Salaried Employees has a stronger Pension Health Score of 100/100 (A) compared to Operating Engineers Local 324 Pension Fund at 100/100 (A). Funding ratios differ by 0.9 percentage points (106.1% vs 105.1%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.
| Metric | Raytheon Company Pension Plan for Salaried Employees | Operating Engineers Local 324 Pension Fund |
|---|---|---|
| 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) | 106.1%* | 105.1% |
| Total Assets | $43.8B | $24.8B |
| Total Liabilities | $41.3B | $23.6B* |
| Unfunded Liability | $0 | $0 |
| Participants | 288,395 | 230,039 |
| 1-Year Investment Return | 7.3%* | 5.7% |
| Plan Type | corporate | multiemployer |
| PBGC Risk Level | low | low |
| Sponsor | RTX Corporation | IUOE Local 324 |
Raytheon Company Pension Plan for Salaried Employees has a stronger Pension Health Score of 100/100 (A) compared to Operating Engineers Local 324 Pension Fund at 100/100 (A). Funding ratios differ by 0.9 percentage points (106.1% vs 105.1%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.