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PensionWatch

Corporate Pension Plans

Employer-sponsored defined benefit plans offered by private companies to their employees.

30
Plans
4,507,000
Participants
79.8%
Avg Funding
#Plan NameStateParticipantsFunding RatioUnfunded GapGrade
1AT&T Pension Benefit Plan
AT&T Inc.
TX472,00081.8%$12.2BB
2IBM Personal Pension Plan
IBM Corporation
NY382,00090.1%$6.2BA
3UPS Retirement Plan
United Parcel Service
GA335,00077.8%$12.6BB
4General Electric Pension Plan
GE Aerospace (formerly General Electric)
CT318,00076.2%$12.0BB
5General Motors Hourly-Rate Employees Pension Plan
General Motors
MI302,00080.1%$16.5BB
6Boeing Company Employee Retirement Plan
Boeing Company
VA228,00078.1%$15.7BB
7Verizon Management Pension Plan
Verizon Communications
NJ225,00079.8%$6.6BB
8FedEx Corporation Employees Pension Plan
FedEx Corporation
TN218,00074.2%$8.3BB
9Lockheed Martin Corporation Retirement Plan
Lockheed Martin
MD198,00079.8%$9.9BB
10Ford Motor Company Retirement Plan
Ford Motor Company
MI195,00084.1%$8.7BA
11General Motors Salaried Pension Plan
General Motors
MI165,00082.2%$6.8BB
12Raytheon Company Pension Plan for Salaried Employees
RTX Corporation
VA122,00081.8%$5.3BB
13Honeywell International Pension Plan
Honeywell International
NC122,00085.8%$4.3BA
14Northrop Grumman Pension Plan
Northrop Grumman
VA115,00082.1%$5.1BB
15Procter & Gamble Retirement Plan
Procter & Gamble
OH108,00086.2%$2.2BA
16Caterpillar Inc. Retirement Income Plan
Caterpillar Inc.
TX92,00076.2%$4.4BB
17ExxonMobil Pension Plan
ExxonMobil
TX88,00088.2%$3.1BA
18Johnson & Johnson Pension Plan
Johnson & Johnson
NJ88,00089.8%$1.8BA
19DuPont Pension & Retirement Plan
DuPont de Nemours
DE88,00082.1%$3.8BB
203M Company Pension Plan
3M Company
MN88,00079.8%$3.4BB
21General Dynamics Corporation Pension Plan
General Dynamics
VA78,00085.1%$2.5BA
22Pfizer Inc. Retirement Annuity Plan
Pfizer Inc.
NY78,00083.8%$2.3BA
23Deere & Company Pension Plan
John Deere
IL68,00082.1%$2.6BB
24US Steel Corporation Plan for Employee Pension Benefits
United States Steel
PA66,00055.1%$4.2BC
25International Paper Company Retirement Plan
International Paper
TN56,00078.3%$2.8BB
26Dow Chemical Company Employees Pension Plan
Dow Inc.
MI55,00078.2%$2.8BB
27Kraft Heinz Company Pension Plan
Kraft Heinz Company
IL55,00070.2%$1.7BB
28Alcoa Corporation Retirement Plan
Alcoa Corporation
PA45,00068.2%$2.2BB
29Textron Inc. Pension Plan
Textron Inc.
RI35,00072.2%$1.9BB
30Delta Air Lines Pilot Pension Plan
Delta Air Lines
GA22,00085.1%$1.3BA

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Frequently Asked Questions

What is a corporate pension pension plan?

Employer-sponsored defined benefit plans offered by private companies to their employees.

How many corporate pension plans are there?

We track 30 corporate pension plans covering 4,507,000 participants.

What is the average funding ratio for corporate pension plans?

The average funding ratio is 79.8%. Plans above 80% are generally considered healthy.