UFCW International Union Industry Pension Fund vs Operating Engineers Local 324 Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to UFCW International Union Industry Pension Fund at 93/100 (A). Funding ratios differ by 19.3 percentage points (105.1% vs 85.9%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.
| Metric | UFCW International Union Industry Pension Fund | Operating Engineers Local 324 Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 93/100 (A) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 85.9% | 105.1%* |
| Total Assets | $5.2B | $24.8B |
| Total Liabilities | $6.0B* | $23.6B |
| Unfunded Liability | $848.9M | $0* |
| Participants | 365,494 | 230,039 |
| 1-Year Investment Return | 4.8% | 5.7%* |
| Plan Type | multiemployer | multiemployer |
| PBGC Risk Level | low | low |
| Sponsor | UFCW International | IUOE Local 324 |
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to UFCW International Union Industry Pension Fund at 93/100 (A). Funding ratios differ by 19.3 percentage points (105.1% vs 85.9%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.