DuPont Pension & Retirement Plan

DuPont Pension & Retirement Plan is overfunded: 267% funding ratio — assets ($40M) exceed actuarial liabilities ($15M). Overfunded plans are unusual in U.S. pension data; most either took advantage of strong investment returns over multiple years or carry the surplus from a closed/frozen plan.

DuPont Pension & Retirement Plan is a corporate pension plan sponsored by DuPont de Nemours — a single-employer defined-benefit plan governed by ERISA and insured by the Pension Benefit Guaranty Corporation (PBGC). Corporate plans peaked in U.S. usage in the 1980s and have been in steady decline since, mostly replaced by 401(k) plans. The plan remains active — accruing new benefits for current employees and accepting new participants. Among private-sector single-employer plans, the active status is increasingly rare as employers freeze accruals while continuing to fund existing obligations; public-sector plans are more often still actively accruing.

The plan is small in dollar terms: $40M in assets, 355 participants. Plans this small often serve a single employer or small employee base. Active participants outnumber retirees (281 active vs 69 retired) — a younger plan still in the accrual phase, where contributions and investment growth build the asset base ahead of large future payouts. Annual cash flows: $100M in sponsor contributions versus $1.5B in benefit payments. Investment performance over the most recent year ran 7.3%, against the plan's assumed long-term return of 5.4%.

On PBGC risk classification: low — the plan's funded status and solvency trajectory are favorable enough that PBGC intervention is not on the near-term horizon. Corporate ERISA plans like DuPont Pension & Retirement Plan carry PBGC insurance, which guarantees retiree benefits up to a federally-set maximum even if the sponsor defaults. The guarantee is meaningful but capped — high earners may see benefit haircuts in a termination scenario.