Ball Corporation Retirement Income Plan (Frozen)
corporate plan · Ball Corporation · Hattiesburg, MS
FROZENPBGC Covered
C
Pension Health Score
63/100
Funding Status79% Funded
0%80% threshold100%
$3.5B
Total Assets
$4.5B
Total Liabilities
$963.7M
Unfunded Liability
10,073
Participants
Funding History
What This Means for You
Ball Corporation Retirement Income Plan (Frozen) is 79% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $963.7M in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. PBGC coverage provides a backstop, but benefits could be reduced to PBGC maximums in a worst-case scenario. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $3.5B | $4.5B | 78.5% | $254.8M |
| 2024 | $3.5B | $4.5B | 77.8% | $272.9M |
| 2023 | $3.3B | $4.1B | 81.2% | $278.1M |
| 2022 | $3.1B | $4.3B | 72.3% | $215.5M |
| 2021 | $2.9B | $3.6B | 81.3% | $216.1M |