Barnes Group Retirement Income Plan (Frozen)
corporate plan · Barnes Group · Des Moines, IA
FROZENPBGC Covered
A
Pension Health Score
88/100
Funding Status95% Funded
0%80% threshold100%
$2.6B
Total Assets
$2.7B
Total Liabilities
$141.6M
Unfunded Liability
28,363
Participants
Funding History
What This Means for You
Barnes Group Retirement Income Plan (Frozen) is in excellent financial health at 95% funded. This means for every dollar the plan owes in future benefits, it has 95 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 | $2.6B | $2.7B | 94.8% | $96.3M |
| 2024 | $2.4B | $2.4B | 100.4% | $95.9M |
| 2023 | $2.4B | $2.5B | 97.1% | $113.6M |
| 2022 | $2.2B | $2.5B | 87.8% | $100.6M |
| 2021 | $2.1B | $2.4B | 90.7% | $109.5M |