Skip to main content
MENU
Subscribe
  • Subscribe
  • Account
  • LOGIN
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE Act 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2022 Retirement Income Conference
    • 2022 Managing Pension Risk & Liabilities
    • 2022 WorldPensionSummit
Breadcrumb
  1. Home
  2. INTERACTIVE
April 17, 2017 01:00 AM

The funded status of corporate pension funds

  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    The largest corporate pension plans ranked by funding ratio -- plan assets as a percentage of projected benefit obligation -- as of Dec. 31, 2016, unless otherwise noted. Dollars are in millions.

    RankPension fundFair value of plan assetsBenefit obligationFunded

    status

    Plan assets

    as % of

    PBO

    1NextEra Energy$3,651$2,474$1,177147.6%
    2BB&T$5,044$3,939$1,105128.1%
    3Bank of America$18,239$14,982$3,257121.7%
    4J.P. Morgan Chase$14,272$12,216$2,056116.8%
    5BNY Mellon$4,906$4,274$632114.8%
    6Nokia$23,472$20,823$2,649112.7%
    7Duke Energy$8,531$8,131$400104.9%
    8WestRock Co.1$4,302$4,232$70101.6%
    9PNC Financial Services$4,617$4,547$70101.5%
    10Target2$3,785$3,760$25100.7%
    11Travelers$3,387$3,367$20100.6%
    12Prudential Financial$12,861$12,917-$5699.6%
    13J.C. Penney2$3,455$3,473-$1899.5%
    14IBM$51,405$52,218-$81398.4%
    15Aetna$5,914$6,032-$11898.0%
    16Macy's2$3,374$3,469-$9597.3%
    17Honeywell International$16,814$17,414-$60096.6%
    18American Electric Power$4,827$5,086-$25994.9%
    19Goodyear Tire & Rubber$4,972$5,285-$31394.1%
    20Wells Fargo$10,120$10,774-$65493.9%
    21Southern Co.$11,583$12,385-$80293.5%
    22Eastman Kodak$3,653$3,908-$25593.5%
    23Citigroup$12,363$13,271-$90893.2%
    24Kraft Heinz$4,788$5,157-$36992.8%
    25Morgan Stanley$3,431$3,711-$28092.5%
    26Ford$41,252$44,936-$3,68491.8%
    27Union Pacific$3,748$4,110-$36291.2%
    28Bristol-Myers Squibb$5,831$6,440-$60990.5%
    29Merck$9,766$10,849-$1,08390.0%
    30PSEG$5,193$5,772-$57990.0%
    31Altria$7,475$8,312-$83789.9%
    32General Motors$61,622$68,827-$7,20589.5%
    33Coca-Cola$8,371$9,428-$1,05788.8%
    34Abbott Labs$7,542$8,517-$97588.6%
    35Consolidated Edison$12,472$14,095-$1,62388.5%
    36U.S. Steel$5,482$6,214-$73288.2%
    37Emerson Electric1$4,110$4,696-$58687.5%
    38United Technologies$30,555$34,923-$4,36887.5%
    393M$14,081$16,202-$2,12186.9%
    40PepsiCo$11,458$13,192-$1,73486.9%
    41Dominion Resources$7,016$8,132-$1,11686.3%
    42Textron$6,874$7,991-$1,11786.0%
    43General Mills3$5,540$6,449-$90985.9%
    44Allstate$5,650$6,591-$94185.7%
    45Schlumberger$3,625$4,240-$61585.5%
    46PG&E$14,729$17,305-$2,57685.1%
    47Deere4$11,137$13,086-$1,94985.1%
    48Reynolds American$5,648$6,674-$1,02684.6%
    49Ameren$3,813$4,518-$70584.4%
    50Johnson & Johnson$23,633$28,116-$4,48384.1%
    51HP4$10,176$12,144-$1,96883.8%
    52MetLife$9,164$10,960-$1,79683.6%
    53The Hartford$4,678$5,650-$97282.8%
    54Weyerhaeuser$5,351$6,469-$1,11882.7%
    55FedEx5$24,271$29,602-$5,33182.0%
    56CenturyLink$10,892$13,301-$2,40981.9%
    57Eli Lilly$10,180$12,456-$2,27681.7%
    58Cigna$3,977$4,888-$91181.4%
    59Huntington Ingalls Industries$4,911$6,050-$1,13981.2%
    60Pfizer$12,556$15,547-$2,99180.8%
    61Northrop Grumman$24,384$30,409-$6,02580.2%
    62Exelon$16,791$21,060-$4,26979.7%
    63PPL$3,243$4,079-$83679.5%
    64Southern California Edison$3,388$4,284-$89679.1%
    65Johnson Controls1$3,293$4,169-$87679.0%
    66Baxter International$4,501$5,717-$1,21678.7%
    67Eversource Energy$4,076$5,242-$1,16677.8%
    68AIG$3,843$4,948-$1,10577.7%
    69DTE Energy$4,012$5,171-$1,15977.6%
    70UPS$31,215$41,069-$9,85476.0%
    71AT&T$42,610$56,183-$13,57375.8%
    72ConAgra3$2,959$3,903-$94475.8%
    73International Paper$10,312$13,683-$3,37175.4%
    74U.S. Bancorp$3,769$5,073-$1,30474.3%
    75Marsh & McLennan$4,365$5,894-$1,52974.1%
    76Boeing$56,692$76,745-$20,05373.9%
    77Sysco6$3,115$4,285-$1,17072.7%
    78Entergy$5,171$7,143-$1,97172.4%
    79Raytheon$18,605$25,787-$7,18272.1%
    80Chevron$9,550$13,271-$3,72172.0%
    81Walt Disney7$10,401$14,480-$4,07971.8%
    82Dow Chemical$21,208$30,280-$9,07270.0%
    83Caterpillar$11,354$16,218-$4,86470.0%
    84Lockheed Martin.$31,417$45,064-$13,64769.7%
    85CBS$3,244$4,660-$1,41669.6%
    86Verizon Communications$14,663$21,112-$6,44969.5%
    87Unisys$3,452$4,972-$1,52069.4%
    88Sears2$3,567$5,165-$1,59869.1%
    89General Dynamics$8,980$13,022-$4,04269.0%
    90Motorola Solutions$3,195$4,644-$1,44968.8%
    91DuPont$16,656$24,831-$8,17567.1%
    92Sempra Energy$2,459$3,679-$1,22066.8%
    93Arconic$4,666$7,026-$2,36066.4%
    94Harris Corp.8$4,273$6,471-$2,19866.0%
    95FirstEnergy$6,213$9,426-$3,21365.9%
    96General Electric$45,893$71,501-$25,60864.2%
    97Exxon Mobil$12,793$19,960-$7,16764.1%
    98United Continental Holdings$3,355$5,253-$1,89863.9%
    99American Airlines$10,017$17,238-$7,22158.1%
    100Delta Air Lines$10,301$20,859-$10,55849.4%
    Totals/averages$1,140,546$1,398,501-$257,95581.6%
    Average for 201684.9%
    Average for 201585.1%
    Average for 201485.7%

    Notes: 1 Data are as of Sept. 30, 2016; 2 Data are as of Jan. 28, 2017; 3 Data are as of May 29, 2016; 4 Data are as of Oct. 31, 2016; 5 Data are as of May 31, 2016; 6 Data are as of July 2, 2016; 7 Data are as of Oct. 1, 2016; 8 Data are as of July 1, 2016.

    Source: Company reports

    Related Articles
    IBM shareholders narrowly approve executive compensation, proxy access
    Sears secures annuity buyout with MetLife covering $515 million in pension liab…
    General Mills to freeze U.S. pension plans at the end of 2027
    American Airlines 401(k) participants reach tentative $22 million settlement
    FedEx to deliver $1 billion to U.S. pension plans
    Conagra adds $150 million to U.S. pension plans
    Boeing sets $3.5 billion pension fund contribution for third quarter
    BB&T replaces 2 Vanguard funds with Legal & General offerings in 401(k) plan
    Corporate pension funding on the upswing in 2017 – 3 reports
    Schlumberger readies $125 million pension contribution for this year
    Caterpillar digs up $190 million contribution for global DB plans in 2018
    Sempra Energy powers up $226 million contribution to pension plans
    Recommended for You
    U.S. IPO volume falls precipitously
    U.S. IPO volume falls precipitously
    U.S. growth stocks underperform this year
    U.S. growth stocks underperform this year
    Convertibles having a down year
    Convertibles having a down year
    New SEC Rule on Fair Pricing Determination Needs Careful Consideration
    Sponsored Content: New SEC Rule on Fair Pricing Determination Needs Careful Consideration

    Reader Poll

    June 6, 2022
    SEE MORE POLLS >
    Sponsored
    White Papers
    Nearing the finish line: Ideas on end-state investing for corporate DB plans
    The Meaning of "Portfolio Intelligence"
    Credit Indices: Closing the Fixed Income Evolutionary Gap
    Forever in Style: Benchmarking with the Morningstar® Broad Style Indexes℠
    Crossroads: Politics, Inflation, & Bonds
    Is there a mid-cap gap in your DC plan?
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    June 20, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE Act 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2022 Retirement Income Conference
      • 2022 Managing Pension Risk & Liabilities
      • 2022 WorldPensionSummit