Metal Management Retirement Income Plan (Frozen)
corporate plan · Metal Management · Tallahassee, FL
FROZENPBGC Covered
A
Pension Health Score
93/100
Funding Status87% Funded
0%80% threshold100%
$851.8M
Total Assets
$980.7M
Total Liabilities
$128.9M
Unfunded Liability
17,339
Participants
Funding History
What This Means for You
Metal Management Retirement Income Plan (Frozen) is in excellent financial health at 87% funded. This means for every dollar the plan owes in future benefits, it has 87 cents in assets to cover it. This plan is also covered by the PBGC, providing an additional safety net. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $851.8M | $980.7M | 86.9% | $59.6M |
| 2024 | $843.1M | $990.7M | 85.1% | $63.9M |
| 2023 | $798.0M | $939.9M | 84.9% | $58.6M |
| 2022 | $760.2M | $842.8M | 90.2% | $46.0M |
| 2021 | $733.1M | $960.9M | 76.3% | $65.1M |