Astronics Corporation Retirement Income Plan (Frozen)
corporate plan · Astronics Corporation · Lewiston, ME
FROZENPBGC Covered
B
Pension Health Score
70/100
Funding Status83% Funded
0%80% threshold100%
$2.3B
Total Assets
$2.8B
Total Liabilities
$484.3M
Unfunded Liability
11,577
Participants
Funding History
What This Means for You
Astronics Corporation Retirement Income Plan (Frozen) is in good financial health at 83% funded. This means for every dollar the plan owes in future benefits, it has 83 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 | $2.3B | $2.8B | 82.7% | $157.5M |
| 2024 | $2.3B | $2.9B | 79.5% | $143.8M |
| 2023 | $2.1B | $2.4B | 86.6% | $153.6M |
| 2022 | $2.1B | $2.7B | 79.3% | $137.5M |
| 2021 | $2.0B | $2.3B | 87.2% | $128.8M |