Parker Hannifin Employees Pension Plan
corporate plan · Parker Hannifin · Washington, DC
ACTIVEPBGC Covered
A
Pension Health Score
94/100
Funding Status88% Funded
0%80% threshold100%
$5.5B
Total Assets
$6.3B
Total Liabilities
$781.3M
Unfunded Liability
15,414
Participants
Funding History
What This Means for You
Parker Hannifin Employees Pension Plan is in excellent financial health at 88% funded. This means for every dollar the plan owes in future benefits, it has 88 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 | $5.5B | $6.3B | 87.6% | $183.2M |
| 2024 | $5.4B | $6.1B | 89.2% | $200.6M |
| 2023 | $5.1B | $5.7B | 89.5% | $195.9M |
| 2022 | $4.9B | $6.4B | 77.6% | $162.2M |
| 2021 | $4.6B | $6.2B | 74.8% | $177.7M |