BWX Technologies Employees Pension Plan
corporate plan · BWX Technologies · Lewiston, ME
ACTIVEPBGC Covered
C
Pension Health Score
61/100
Funding Status61% Funded
0%80% threshold100%
$5.4B
Total Assets
$9.0B
Total Liabilities
$3.5B
Unfunded Liability
26,170
Participants
Funding History
What This Means for You
BWX Technologies Employees Pension Plan is 61% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $3.5B 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 | $5.4B | $9.0B | 60.6% | $272.7M |
| 2024 | $5.3B | $8.6B | 62.3% | $403.7M |
| 2023 | $4.9B | $8.8B | 55.8% | $277.7M |
| 2022 | $4.8B | $8.3B | 57.5% | $351.5M |
| 2021 | $4.7B | $8.6B | 54.3% | $385.1M |