Borg Warner Retirement Income Plan (Frozen)
corporate plan · Borg Warner · Toledo, OH
FROZENPBGC Covered
B
Pension Health Score
66/100
Funding Status72% Funded
0%80% threshold100%
$3.8B
Total Assets
$5.3B
Total Liabilities
$1.5B
Unfunded Liability
37,869
Participants
Funding History
What This Means for You
Borg Warner Retirement Income Plan (Frozen) is in good financial health at 72% funded. This means for every dollar the plan owes in future benefits, it has 72 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 | $3.8B | $5.3B | 71.9% | $206.4M |
| 2024 | $3.6B | $5.0B | 73.4% | $219.6M |
| 2023 | $3.5B | $5.2B | 66.1% | $253.8M |
| 2022 | $3.4B | $5.3B | 64.4% | $230.1M |
| 2021 | $3.3B | $4.7B | 70.3% | $221.2M |