Metal Management Employees Pension Plan
corporate plan · Metal Management · Rapid City, SD
ACTIVEPBGC Covered
C
Pension Health Score
61/100
Funding Status58% Funded
0%80% threshold100%
$3.2B
Total Assets
$5.5B
Total Liabilities
$2.3B
Unfunded Liability
28,570
Participants
Funding History
What This Means for You
Metal Management Employees Pension Plan is 58% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.3B 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 | $3.2B | $5.5B | 58.2% | $152.4M |
| 2024 | $3.0B | $5.3B | 56.9% | $199.6M |
| 2023 | $3.0B | $5.3B | 56.4% | $195.8M |
| 2022 | $2.9B | $4.9B | 59.6% | $172.1M |
| 2021 | $2.7B | $5.2B | 51.0% | $197.1M |