DFIN Completes Pension Plan Termination, Records $83 Million Non-Cash Charge
DFIN said it completed the termination of its primary defined benefit pension plan in the third quarter of 2025, settling obligations through lump sum payments and a group annuity purchased from a third-party insurer. The company will record a pre-tax non-cash settlement charge of approximately $83 million in its third quarter 2025 results, and the settlement removes a net liability of about $10 million from its balance sheet.
Key points
- Pre-tax non-cash settlement charge of approximately $83 million in Q3 2025 results
- Cash contribution of $12.5 million made in Q3 2025 to fully fund the plan
- Plan obligations of about $200 million and plan assets of about $190 million removed from the balance sheet
- Plan had been frozen since 2011; the termination process began in 2024
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.