Breadcrumb Home INTERACTIVE April 30, 2018 01:00 AM The funded status of corporate pension funds Tweet Share Share Email More 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 S&P 500 Dividend Aristocrats produces better returns, lower risk than overall index 60/40 portfolio's sharp rebound in November Hedge funds' quarterly performance flat; equity, fixed income down Sponsored Content: Sustainability Strategies: Evolving Perspectives Sponsored White Papers What a Fed pivot and ‘higher for longer’ mean for emerging markets A Guide to Home Equity Investments: The Untapped Real Estate Asset Class How to Modernize a School District Retirement Plan Q4 2023 Credit Outlook: Price Is What You Pay, Value Is What You Get There's More Than One Way to Be a Climate Investor Exploring the Commercial Application of Artificial Intelligence 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