IDEX Corporation Employees Pension Plan
corporate plan · IDEX Corporation · Provo, UT
ACTIVEPBGC Covered
C
Pension Health Score
52/100
Funding Status72% Funded
0%80% threshold100%
$3.0B
Total Assets
$4.1B
Total Liabilities
$1.2B
Unfunded Liability
23,965
Participants
Funding History
What This Means for You
IDEX Corporation Employees Pension Plan is 72% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.2B 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 | $3.0B | $4.1B | 71.9% | $219.4M |
| 2024 | $2.8B | $4.0B | 70.0% | $201.7M |
| 2023 | $2.7B | $3.7B | 72.8% | $188.7M |
| 2022 | $2.7B | $4.1B | 65.6% | $261.1M |
| 2021 | $2.5B | $3.2B | 79.8% | $231.0M |