Steel Technologies Employees Pension Plan
corporate plan · Steel Technologies · Nashville, TN
ACTIVEPBGC Covered
B
Pension Health Score
67/100
Funding Status62% Funded
0%80% threshold100%
$5.5B
Total Assets
$8.9B
Total Liabilities
$3.3B
Unfunded Liability
34,605
Participants
Funding History
What This Means for You
Steel Technologies Employees Pension Plan is in good financial health at 62% funded. This means for every dollar the plan owes in future benefits, it has 62 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 | $8.9B | 62.4% | $322.4M |
| 2024 | $5.5B | $9.3B | 59.1% | $323.3M |
| 2023 | $5.3B | $8.5B | 62.3% | $301.2M |
| 2022 | $5.0B | $7.5B | 66.5% | $266.1M |
| 2021 | $4.8B | $9.6B | 49.9% | $322.5M |