Hubbell Incorporated Retirement Income Plan (Frozen)
corporate plan · Hubbell Incorporated · Evansville, IN
FROZENPBGC Covered
C
Pension Health Score
56/100
Funding Status77% Funded
0%80% threshold100%
$872.0M
Total Assets
$1.1B
Total Liabilities
$265.9M
Unfunded Liability
28,116
Participants
Funding History
What This Means for You
Hubbell Incorporated Retirement Income Plan (Frozen) is 77% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $265.9M 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 | $872.0M | $1.1B | 76.6% | $54.4M |
| 2024 | $871.7M | $1.1B | 79.5% | $50.3M |
| 2023 | $797.2M | $1.1B | 69.7% | $53.7M |
| 2022 | $790.0M | $1.0B | 77.2% | $46.8M |
| 2021 | $748.7M | $894.5M | 83.7% | $39.0M |