Worthington Industries Retirement Income Plan (Frozen)
corporate plan · Worthington Industries · Charleston, WV
FROZENPBGC Covered
A
Pension Health Score
92/100
Funding Status84% Funded
0%80% threshold100%
$3.4B
Total Assets
$4.1B
Total Liabilities
$643.5M
Unfunded Liability
14,892
Participants
Funding History
What This Means for You
Worthington Industries Retirement Income Plan (Frozen) is in excellent financial health at 84% funded. This means for every dollar the plan owes in future benefits, it has 84 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 | $3.4B | $4.1B | 84.3% | $96.8M |
| 2024 | $3.3B | $4.0B | 83.2% | $110.3M |
| 2023 | $3.1B | $3.9B | 80.6% | $108.9M |
| 2022 | $3.1B | $3.8B | 79.5% | $113.6M |
| 2021 | $3.0B | $4.1B | 72.6% | $128.2M |