Breadcrumb Home INTERACTIVE April 30, 2018 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, 2017, unless otherwise noted. Dollars are in millions.RankFundFair valueof planassetsBenefit obligationFundedstatus Plan assetsas % ofPBO1NextEra Energy$4,020$2,593$1,427155.0%2BB&T$6,309$4,939$1,370127.7%3Bank of America$19,708$15,706$4,002125.5%4Bank of New York Mellon$5,496$4,405$1,091124.8%5J.P. Morgan Chase$19,603$16,700$2,903117.4%6SunTrust Banks$3,288$2,910$378113.0%7PNC Financial Services$5,253$4,789$464109.7%8Travelers$3,957$3,679$278107.6%9Duke Energy$9,003$8,448$555106.6%10Honeywell International$18,985$18,151$834104.6%11Macy's1$3,409$3,271$138104.2%12WestRock2$4,108$3,942$166104.2%13Aetna$6,331$6,218$113101.8%14J.C. Penney1$3,528$3,467$61101.8%15Kraft Heinz$4,785$4,719$66101.4%16Target1$4,117$4,092$25100.6%17IBM$52,694$52,444$250100.5%18Bristol-Myers Squibb$6,749$6,749$0100.0%19American Electric Power$5,174$5,216-$4299.2%20Prudential Financial$13,655$13,838-$18398.7%21Eastman Kodak$3,804$3,866-$6298.4%22Emerson Electric2$4,292$4,369-$7798.2%23United Technologies$35,689$36,999-$1,31096.5%24Wells Fargo$10,667$11,110-$44396.0%25U.S. Bancorp$5,482$5,720-$23895.8%26Ford$44,160$46,340-$2,18095.3%27Altria$8,015$8,510-$49594.2%28Southern Co.$12,992$13,808-$81694.1%29U.S. Steel$5,732$6,107-$37593.9%30Coca-Cola$8,843$9,455-$61293.5%31Abbott Laboratories$9,298$9,953-$65593.4%32Goodyear$4,978$5,331-$35393.4%33Union Pacific$4,224$4,529-$30593.3%34Johnson Controls2$3,165$3,419-$25492.6%35Allstate$6,284$6,815-$53192.2%36Textron$7,877$8,563-$68692.0%37Consolidated Edison$14,274$15,536-$1,26291.9%38Deere3$12,093$13,166-$1,07391.9%39General Mills4$5,925$6,459-$53391.7%40Charter Communications$3,273$3,569-$29691.7%41Southern California Edison$3,390$3,702-$31291.6%42Merck$10,896$11,904-$1,00891.5%43General Motors$62,639$68,450-$5,81191.5%44UPS$41,932$45,847-$3,91591.5%45PSEG$5,812$6,359-$54791.4%46Citigroup$12,725$14,040-$1,31590.6%47Eaton$3,585$3,961-$37690.5%483M$15,686$17,360-$1,67490.4%49Pinnacle West Capital$3,057$3,394-$33790.1%50FedEx5$24,933$27,870-$2,93789.5%51Kellogg$5,043$5,648-$60589.3%52Dominion Energy$8,062$9,052-$99089.1%53Verizon$19,175$21,531-$2,35689.1%54Ameren$4,293$4,827-$53488.9%55PG&E$16,652$18,757-$2,10588.8%56HP6$10,838$12,266-$1,42888.4%57Schlumberger$4,058$4,603-$54588.2%58Cigna$4,281$4,969-$68886.2%59Huntington Ingalls$5,837$6,778-$94186.1%60International Paper$11,368$13,264-$1,89685.7%61Pfizer$14,284$16,702-$2,41885.5%62Johnson & Johnson$28,404$33,221-$4,81785.5%63AIG$4,350$5,091-$74185.4%64Baxter$5,248$6,159-$91185.2%65Northrop Grumman$27,226$31,967-$4,74185.2%66PepsiCo$12,582$14,777-$2,19585.1%67MetLife$9,688$11,409-$1,72184.9%68Walt Disney2$12,325$14,532-$2,20784.8%69CenturyLink$11,060$13,122-$2,06284.3%70Exelon$18,573$22,337-$3,76483.1%71DTE Energy$4,636$5,576-$94083.1%72The Hartford$3,592$4,376-$78482.1%73Weyerhaeuser$5,514$6,795-$1,28181.1%74Harris7$4,921$6,140-$1,21980.1%75Eversource Energy$4,740$5,937-$1,19779.8%76Boeing$64,011$80,393-$16,38279.6%77Eli Lilly$11,845$15,098-$3,25478.4%78Caterpillar$13,416$17,326-$3,91077.4%79Xerox$3,224$4,180-$95677.1%80Marsh & McLennan$4,787$6,221-$1,43476.9%81Medtronic8$2,479$3,232-$75376.7%82AT&T$45,463$59,294-$13,83176.7%83DowDuPont$43,685$57,401-$13,71676.1%84Entergy$6,071$7,987-$1,91676.0%85CBS$3,046$4,040-$99475.4%86Raytheon$21,002$28,569-$7,56773.5%87Chevron$9,948$13,580-$3,63273.3%88Unisys$3,578$5,002-$1,42371.5%89General Dynamics$10,130$14,212-$4,08271.3%90Alcoa$5,322$7,639-$2,31769.7%91Motorola Solutions$3,614$5,235-$1,62169.0%92Lockheed Martin$33,095$48,686-$15,59168.0%93Delta Air Lines$14,744$21,696-$6,95268.0%94United Continental Holdings$3,932$5,852-$1,92067.2%95General Electric$50,361$74,985-$24,62467.2%96Exxon Mobil$12,782$19,310-$6,52866.2%97Arconic$4,862$7,359-$2,49766.1%98FirstEnergy$6,704$10,167-$3,46365.9%99Sears Holdings1$2,528$4,003-$1,47563.2%100American Airlines$11,395$18,275-$6,88062.4% Totals/averages$1,244,668$1,452,364-$207,69685.7% Average for 201789.2% Average for 201684.5% Average for 201585.1% Average for 201485.7%Notes: 1 Data are as of Feb. 3, 2018; 2 Data are as of Sept. 30, 2017; 3 Data are as of Oct. 29, 2017; 4 Data are as of May 28, 2017; 5 Data are as of May 31, 2017; 6 Data are as of Oct. 31, 2017; 7 Data are as of June 30, 2017; 8 Data are as of April 28, 2017.Source: Company reports Related Articles AT&T's acquisition of Time Warner would combine $94 billion in retirement assets Textron going regional with equity allocation Recommended for You Anti-DEI push comes, and progress plateaus Harvard University’s large endowment could buffer federal government cuts Most pension plans are overallocated to private equity Sponsored Content: Research for Institutional Money Management: Advancing Physical Risk Modelling, Climate Data, and Transition Technologies Sponsored White Papers Short Is Still Sweet: Short Duration Opportunistic Fixed Income May Take the Ca… Generative AI Investing: Opportunities at a Key Tech Inflection Point Research for Institutional Money Management: Advancing Physical Risk Modelling,… Taking the Private out of Private Equity with the Morningstar PitchBook Buyout … For Plan Sponsors: Retirement Outlook 2025 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