Newell Rubbermaid Inc., Atlanta, made a $100 million contribution to the company's primary U.S. pension plan during the first quarter of 2013, according to the company's earnings release Friday.
According to the company's 2012 10-K filed on March 1, the firm expects to make additional cash contributions of $10 million and $22 million to its domestic and international defined benefit plans, respectively, in 2013.
The fair value of the firm's primary U.S. plan as of Dec. 31 was $707.1 million with a 60.4% funding ratio. International plan assets totaled $501.9 million with a funding ratio of 84.4%.
The asset allocation for the U.S. plan as of Dec. 31 was 44% equity, 42% fixed income, 7% venture capital and partnerships, 4% real estate, and 3% cash and other.
The international plan allocation was 46% insurance contracts, 20% fixed income, 12% equity, 11% cash and other, 5% commodities, 5% venture capital and partnerships and 1% real estate.
