Table S-46 - Plans, Participants and Funding of PBGC-Insured Plans by Funding Ratio (2003) Single-Employer Program

Funding Ratio Plans Participants (in thousands) Total Liabilities* (in millions) Underfunding (in millions) Overfunding (in millions)
Under 40% 812 2.7% 67 0.2% $1,938 0.1% $1,328 0.4% --- ---
40% - 49% 1,198 3.9% 497 0.4% 21,161 1.3% 11,471 3.7% --- ---
50% - 59% 3,099 10.1% 2,935 8.5% 104,905 6.5% 45,210 14.5% --- ---
60% - 69% 5,173 16.9% 6,759 19.6% 259,290 16.0% 88,874 28.4% --- ---
70% - 79% 4,992 16.3% 8,273 24.0% 380,778 23.4% 95,283 30.5% --- ---
80% - 89% 4,206 13.7% 7,357 21.4% 361,976 22.3% 57,268 18.3% --- ---
90% - 99% 2,753 9.0% 4,241 12.3% 257,213 15.8% 13,201 4.2% --- ---
100% - 109% 3,850 12.6% 2,132 6.2% 109,487 6.7% --- --- $6,153 12.8%
110% - 119% 1,103 3.6% 959 2.8% 58,347 3.6% --- --- 9,208 19.2%
120% - 129% 643 2.1% 393 1.1% 24,075 1.5% --- --- 6,206 12.9%
130% - 139% 459 1.5% 357 1.0% 22,595 1.4% --- --- 7,843 16.3%
140% - 149% 283 0.9% 55 0.2% 2,841 0.2% --- --- 1,233 2.5%
150% and over 2,040 6.7% 383 1.1% 19,895 1.2% --- --- 17,402 36.2%
TOTAL 30,611 100.0% 34,407 100.0% $1,625,499 100.0% $312,634 100.0% $48,036 100.0%
UNDERFUNDED 22,233 72.6% 30,129 87.6% $1,387,260 85.4% $312,634 100.0% --- ---
OVERFUNDED 8,378 27.4% 4,279 12.4% $237,239 14.6% --- --- $48,036 100.0%
Source: Internal Revenue Service Form 5500 Series Filings for single-employer plans.
Due to rounding of individual items, dollar 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 2003.
** Less than 0.05 of one percent.

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