A.O. Smith Corporation Retirement Income Plan (Frozen)
corporate plan · A.O. Smith Corporation · Frankfort, KY
FROZENPBGC Covered
B
Pension Health Score
74/100
Funding Status81% Funded
0%80% threshold100%
$3.3B
Total Assets
$4.1B
Total Liabilities
$778.9M
Unfunded Liability
29,690
Participants
Funding History
What This Means for You
A.O. Smith Corporation Retirement Income Plan (Frozen) is in good financial health at 81% funded. This means for every dollar the plan owes in future benefits, it has 81 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 | $3.3B | $4.1B | 80.8% | $124.0M |
| 2024 | $3.2B | $3.8B | 84.9% | $122.7M |
| 2023 | $3.0B | $3.5B | 87.7% | $96.7M |
| 2022 | $3.0B | $3.9B | 76.6% | $107.1M |
| 2021 | $2.8B | $3.4B | 82.0% | $92.1M |