Kraft Heinz Company Pension Plan
corporate plan · Kraft Heinz Company · Peoria, IL
ACTIVEPBGC Covered
C
Pension Health Score
61/100
Funding Status68% Funded
0%80% threshold100%
$4.4B
Total Assets
$6.5B
Total Liabilities
$2.1B
Unfunded Liability
55,418
Participants
Funding History
What This Means for You
Kraft Heinz Company Pension Plan is 68% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.1B 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 | $4.4B | $6.5B | 67.7% | $210.6M |
| 2024 | $4.4B | $7.2B | 60.2% | $218.5M |
| 2023 | $4.2B | $6.1B | 68.2% | $272.6M |
| 2022 | $3.8B | $5.3B | 71.8% | $251.6M |
| 2021 | $3.7B | $5.4B | 68.3% | $257.2M |