Watts Water Tech. Retirement Income Plan (Frozen)
corporate plan · Watts Water Tech. · Richmond, VA
FROZENPBGC Covered
A
Pension Health Score
93/100
Funding Status94% Funded
0%80% threshold100%
$1.8B
Total Assets
$1.9B
Total Liabilities
$107.1M
Unfunded Liability
35,976
Participants
Funding History
What This Means for You
Watts Water Tech. Retirement Income Plan (Frozen) is in excellent financial health at 94% funded. This means for every dollar the plan owes in future benefits, it has 94 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 | $1.8B | $1.9B | 94.4% | $109.1M |
| 2024 | $1.7B | $1.8B | 94.3% | $119.1M |
| 2023 | $1.6B | $1.7B | 95.5% | $115.2M |
| 2022 | $1.6B | $1.8B | 88.2% | $89.1M |
| 2021 | $1.5B | $1.7B | 87.5% | $113.9M |