Table M-13 Funding of PBGC-Insured Plans by Industry (2000)

Industry  Average
Funding Ratio
 
Total Liabilities*
(in millions)
 
Underfunding
(in millions)
 
Overfunding
(in millions)
 
AGRICULTURE 122% $568 0.2% $22 0.1% $150 0.4%
MINING 109% 7,585 2.4% 34 0.2% 723 2.0%
CONSTRUCTION 105% 152,028 47.8% 7,990 35.9% 15,479 43.2%
General Contracting 105% 17,252 5.4% 498 2.2% 1,296 3.6%
Heavy Construction 112% 21,960 6.9% 819 3.7% 3,407 9.5%
Plumbing, Heating and Air Conditioning 103% 21,749 6.8% 1,055 4.7% 1,670 4.7%
Electrical Work 103% 24,076 7.6% 1,074 4.8% 1,695 4.7%
Masonry, Brick and Stonework 101% 6,662 2.1% 335 1.5% 375 1.0%
Carpentry 107% 21,103 6.6% 983 4.4% 2,464 6.9%
Roofing and Sheet Metal Work 87% 9,148 2.9% 2,030 9.1% 851 2.4%
Other Construction 108% 30,078 9.5% 1,196 5.4% 3,721 10.4%
MANUFACTURING 
113% 28,944 9.1% 585 2.6% 4,280 11.9%
Food and Tobacco Products 108% 9,276 2.9% 152 0.7% 944 2.6%
Apparel and Textile Products 101% 1,288 0.4% 1 ** 12 **
Paper and Allied Products 99% 1,539 0.5% 33 0.1% 13 **
Printing and Publishing 106% 4,723 1.5% 77 0.3% 362 1.0%
Furniture and Fixtures 93% 172 0.1% 14 0.1% 3 **
Machinery and Computer Equipment 137% 5,139 1.6% 10 ** 1,919 5.4%
Electrical and Electronic Equipment 128% 306 0.1% 2 ** 90 0.3%
Other Manufacturing 110% 6,499 2.0% 295 1.3% 938 2.6%
TRANSPORTATION AND PUBLIC UTILITIES 
85% 60,097 18.9% 11,413 51.3% 2,612 7.3%
Trucking 80% 50,137 15.8% 10,569 47.5% 770 2.1%
Water Transportation 114% 4,159 1.3% 662 3.0% 1,240 3.5%
Other Transportation and Public Utilities 107% 5,801 1.8% 182 0.8% 602 1.7%
INFORMATION 108% 5,348 1.7% 15 0.1% 446 1.2%
WHOLESALE TRADE 104% 2,911 0.9% 263 1.2% 381 1.1%
RETAIL TRADE 116% 25,529 8.0% 474 2.1% 4,616 12.9%
SERVICES 116% 34,811 11.0% 1,440 6.5% 7,162 20.0%
Administration 101% 6,982 2.2% 428 1.9% 524 1.5%
Health Care 146% 6,777 2.1% 51 0.2% 3,170 8.8%
Accommodation / Food Service 114% 5,066 1.6% 411 1.8% 1,121 3.1%
Other Services 111% 15,985 5.0% 550 2.5% 2,348 6.5%
TOTAL 
104% $317,820 100.0% $22,235 100.0% $35,849 100.0%
Source: Internal Revenue Service Form 5500 Series Filings for multiemployer plans.
Due to aggregation and rounding of individual items, totals may not add up to totals in other tables and percentages may not add up to 100 percent.
*Vested liabilities have been adjusted to an interest rate that, along with the GAM-83 mortality table, reflects the cost to purchase an annuity at the beginning of 2000.
** Less than 0.05 of one percent.

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