Manitowoc Company Employees Pension Plan
corporate plan · Manitowoc Company · Oklahoma City, OK
ACTIVEPBGC Covered
C
Pension Health Score
55/100
Funding Status68% Funded
0%80% threshold100%
$3.7B
Total Assets
$5.5B
Total Liabilities
$1.8B
Unfunded Liability
26,676
Participants
Funding History
What This Means for You
Manitowoc Company Employees Pension Plan is 68% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.8B 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 | $3.7B | $5.5B | 67.8% | $148.6M |
| 2024 | $3.6B | $5.4B | 66.5% | $179.5M |
| 2023 | $3.5B | $5.2B | 66.7% | $179.7M |
| 2022 | $3.4B | $4.8B | 70.2% | $190.8M |
| 2021 | $3.2B | $4.5B | 72.1% | $172.6M |