A.O. Smith Corporation Employees Pension Plan
corporate plan · A.O. Smith Corporation · Evansville, IN
ACTIVEPBGC Covered
B
Pension Health Score
68/100
Funding Status71% Funded
0%80% threshold100%
$5.2B
Total Assets
$7.3B
Total Liabilities
$2.1B
Unfunded Liability
45,551
Participants
Funding History
What This Means for You
A.O. Smith Corporation Employees Pension Plan is in good financial health at 71% funded. This means for every dollar the plan owes in future benefits, it has 71 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 | $5.2B | $7.3B | 71.0% | $136.7M |
| 2024 | $5.2B | $7.3B | 71.3% | $154.6M |
| 2023 | $4.8B | $7.5B | 63.8% | $178.1M |
| 2022 | $4.8B | $6.8B | 69.8% | $157.9M |
| 2021 | $4.5B | $6.6B | 68.2% | $167.8M |