Russell Investments’ Annual ‘$20 Billion Club’ Analysis: Pension Plan Funded Status Stalls as Liability Growth Outpaces Asset Returns
Even so, the average funded status for each corporation over the past three years was closer to the 100% threshold than any prior year since 2007.
- Even so, the average funded status for each corporation over the past three years was closer to the 100% threshold than any prior year since 2007.
- Dubbed the $20 billion club, these large plans represent about 40% of all pension and liability assets of U.S. listed corporations.
- The $20 billion club also experienced a funding deficit increase from $30 billion in 2022 to $43 billion.
- Contributing factors included actuarial loss ($23.1 billion) partially offset by investment returns minus interest cost ($10.6 billion).