5500 – Central States – 2021

Link: https://burypensions.wordpress.com/2022/10/20/5500-central-states-2021/

Graphic:

Excerpt:

With the 5500 filing season done it is time to tentatively get back to some blogging – starting with the plan that was likely to bring the PBGC (and the entire private pension system) down before the SFA bailout and now will be another cog in the hyperinflation wheelbarrow.

We had some 5500 history in an earlier blog through 2016. This is where the plan was last year based on their 5500 filing for 2021:

Plan Name: Central States, Southeast & Southwest Areas Pension Plan

EIN/PN: 36-6044243/001

Total participants @ 12/31/21: 357,056 including:

  • Retirees: 189,449
  • Separated but entitled to benefits: 117,511
  • Still working: 50,096

Asset Value (Market) @ 1/1/21: 10,409,440,502

Value of liabilities using RPA rate (2.43%) @ 1/1/21: $58,623,837,073 including:

  • Retirees: $34,084,275,398
  • Separated but entitled to benefits: $15,801,905,005
  • Still working: $8,736,875,945

Funded ratio: 17.76%

Author(s): John Bury

Publication Date: 20 Oct 2022

Publication Site: burypensions

5500 – Central States – 2020

Link:https://burypensions.wordpress.com/2021/10/15/5500-central-states-2020/

Graphic:

Excerpt:

We had some 5500 history in an earlier blog through 2016. This is where the plan was last year based on their 5500 filing for 2020:

Plan Name: Central States, Southeast & Southwest Areas Pension Plan

EIN/PN: 36-6044243/001

Total participants @ 12/31/20: 364,908 including:

Retirees: 191,550

Separated but entitled to benefits: 121,667

Still working: 51,691

….

Funded ratio: 21.91%

Author(s): John Bury

Publication Date: 15 Oct 2021

Publication Site: Burypensions