Precision Castparts Retirement Income Plan (Frozen)
corporate plan · Precision Castparts · Springfield, MA
FROZENPBGC Covered
A
Pension Health Score
85/100
Funding Status81% Funded
0%80% threshold100%
$956.1M
Total Assets
$1.2B
Total Liabilities
$225.6M
Unfunded Liability
12,807
Participants
Funding History
What This Means for You
Precision Castparts Retirement Income Plan (Frozen) is in excellent financial health at 81% funded. This means for every dollar the plan owes in future benefits, it has 81 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 | $956.1M | $1.2B | 80.9% | $47.5M |
| 2024 | $919.3M | $1.2B | 77.6% | $40.7M |
| 2023 | $917.0M | $1.2B | 79.7% | $42.1M |
| 2022 | $870.0M | $1.1B | 79.1% | $54.7M |
| 2021 | $800.7M | $1.1B | 74.6% | $57.8M |