Reports and Surveys | May 13, 2025

Most Plans Remain Green as 2025 Brings Market Uncertainty

What’s the 2025 zone status of multiemployer pension plans? Three-quarters of all plans in Segal’s latest survey are in the green zone following steady 2024 investment performance.

To see a snapshot of key findings from the survey, download an infographic.

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Most Plans Remain Green as 2025 Brings Market Uncertainty Download Now

You’ll learn:

  • The median net investment return for plans in the survey and how that compares to the median returns for the previous three years
  • How the percentage of plans changed between 2021 and 2025 across the five zone statuses — critical and declining, Special Financial Assistance recipients, critical (red zone), endangered (yellow zone) and green zone
  • The impact of asset smoothing on funded percentages, and how the average market-value funded percentage compares to the Pension Protection Act of 2006 funded percentage
  • The importance of “burn rate” — the rate of negative cash flow as a percent of total assets, without regard to investment income — and how the median “burn rate” varies among the different zone statuses

We can help you manage changes in your plan’s zone status.

Ask us to run projections that can help you make decisions with confidence.

About the survey

The 181 plans included in this survey are those with plan years beginning January 1, 2025. As a group, these plans have more than $185 billion in assets and provide benefits to just over 2.7 million participants.

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.