Watts Water Technologies Employees Pension Plan
corporate plan · Watts Water Technologies · Worcester, MA
ACTIVEPBGC Covered
C
Pension Health Score
64/100
Funding Status70% Funded
0%80% threshold100%
$4.1B
Total Assets
$5.9B
Total Liabilities
$1.8B
Unfunded Liability
21,906
Participants
Funding History
What This Means for You
Watts Water Technologies Employees Pension Plan is 70% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.8B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. PBGC coverage provides a backstop, but benefits could be reduced to PBGC maximums in a worst-case scenario. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $4.1B | $5.9B | 70.0% | $305.7M |
| 2024 | $3.9B | $5.8B | 67.4% | $265.4M |
| 2023 | $3.8B | $5.5B | 69.7% | $298.0M |
| 2022 | $3.7B | $5.5B | 67.8% | $348.3M |
| 2021 | $3.6B | $5.2B | 69.1% | $237.1M |