Hexcel Corporation Employees Pension Plan
corporate plan · Hexcel Corporation · Frankfort, KY
ACTIVEPBGC Covered
C
Pension Health Score
57/100
Funding Status74% Funded
0%80% threshold100%
$5.3B
Total Assets
$7.2B
Total Liabilities
$1.9B
Unfunded Liability
12,047
Participants
Funding History
What This Means for You
Hexcel Corporation Employees Pension Plan is 74% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.9B 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 | $5.3B | $7.2B | 74.1% | $432.3M |
| 2024 | $5.1B | $6.7B | 76.1% | $492.5M |
| 2023 | $5.0B | $7.1B | 71.1% | $443.5M |
| 2022 | $4.6B | $6.2B | 74.4% | $428.9M |
| 2021 | $4.5B | $5.6B | 79.3% | $434.7M |