Nordson Corporation Retirement Income Plan (Frozen)
corporate plan · Nordson Corporation · Overland Park, KS
Funding History
What This Means for You
Nordson Corporation Retirement Income Plan (Frozen) is in excellent financial health at 97% funded. This means for every dollar the plan owes in future benefits, it has 97 cents in assets to cover it. This plan is also covered by the PBGC, providing an additional safety net. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $1.0B | $1.1B | 97.1% | $44.8M |
| 2024 | $982.5M | $1.0B | 97.1% | $33.8M |
| 2023 | $952.7M | $927.7M | 102.7% | $40.0M |
| 2022 | $907.1M | $1.1B | 85.0% | $41.0M |
| 2021 | $897.2M | $909.0M | 98.7% | $46.1M |
Frequently Asked Questions
Nordson Corporation Retirement Income Plan (Frozen) is 97% funded, meaning it has 97 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Nordson Corporation Retirement Income Plan (Frozen) has 22,138 total participants, including 12,666 active employees and 9,472 retirees currently receiving benefits.
Yes, Nordson Corporation Retirement Income Plan (Frozen) is covered by the Pension Benefit Guaranty Corporation (PBGC), which provides a backstop if the plan cannot pay benefits. The PBGC risk level is currently "low."
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.