RBC Bearings Retirement Income Plan (Frozen)
corporate plan · RBC Bearings · Washington, DC
FROZENPBGC Covered
B
Pension Health Score
74/100
Funding Status77% Funded
0%80% threshold100%
$3.2B
Total Assets
$4.1B
Total Liabilities
$942.3M
Unfunded Liability
18,813
Participants
Funding History
What This Means for You
RBC Bearings Retirement Income Plan (Frozen) is in good financial health at 77% funded. This means for every dollar the plan owes in future benefits, it has 77 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 | $3.2B | $4.1B | 77.0% | $118.6M |
| 2024 | $3.1B | $3.8B | 80.3% | $118.3M |
| 2023 | $3.0B | $4.0B | 74.2% | $134.6M |
| 2022 | $2.8B | $4.3B | 65.3% | $127.7M |
| 2021 | $2.7B | $3.7B | 72.1% | $132.0M |