Financial Accounts of the United States - Z.1
L.118 Private Pension Funds (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 9961.1 | 9691.0 | 10883.0 | 10288.9 | 9691.0 | 10258.3 | 10462.7 | 10511.2 | 10883.0 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 21.8 | 24.1 | 26.1 | 23.6 | 24.1 | 24.4 | 24.9 | 25.7 | 26.1 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 35.0 | 36.1 | 37.6 | 36.0 | 36.1 | 36.5 | 36.7 | 37.1 | 37.6 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 159.0 | 162.2 | 165.4 | 161.3 | 162.2 | 162.8 | 163.4 | 164.6 | 165.4 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 2.9 | 3.0 | 3.2 | 3.0 | 3.0 | 3.1 | 3.1 | 3.1 | 3.2 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1391.2 | 1511.0 | 1770.1 | 1476.3 | 1511.0 | 1594.2 | 1673.4 | 1743.5 | 1770.1 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 42.9 | 44.3 | 46.2 | 44.1 | 44.3 | 44.8 | 45.1 | 45.6 | 46.2 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 350.9 | 406.0 | 476.1 | 386.8 | 406.0 | 425.9 | 449.6 | 473.4 | 476.1 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 193.6 | 225.3 | 266.8 | 215.7 | 225.3 | 237.8 | 248.4 | 259.1 | 266.8 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 803.8 | 835.4 | 981.0 | 829.7 | 835.4 | 885.8 | 930.3 | 965.4 | 981.0 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 26.7 | 29.2 | 31.8 | 28.7 | 29.2 | 29.7 | 30.2 | 31.1 | 31.8 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2713.0 | 2364.2 | 2911.6 | 2780.6 | 2364.2 | 2647.5 | 2716.9 | 2708.6 | 2911.6 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 3892.0 | 3619.1 | 4301.3 | 4046.6 | 3619.1 | 3982.7 | 4099.5 | 4083.5 | 4301.3 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1719.6 | 1941.9 | 1636.0 | 1732.9 | 1941.9 | 1777.3 | 1714.6 | 1713.9 | 1636.0 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 559.6 | 537.5 | 577.0 | 570.7 | 537.5 | 561.5 | 562.8 | 561.2 | 577.0 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 119.3 | 131.5 | 146.8 | 129.4 | 131.5 | 135.0 | 137.6 | 141.8 | 146.8 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 294.6 | 465.3 | 45.8 | 238.8 | 465.3 | 262.5 | 183.0 | 158.4 | 45.8 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 746.1 | 807.7 | 866.4 | 793.9 | 807.7 | 818.3 | 831.2 | 852.5 | 866.4 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 9997.7 | 9727.5 | 10919.6 | 10325.5 | 9727.5 | 10294.8 | 10499.2 | 10547.7 | 10919.6 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3484.0 | 3490.9 | 3510.6 | 3486.0 | 3490.9 | 3495.8 | 3500.8 | 3505.7 | 3510.6 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 3189.3 | 3025.6 | 3464.8 | 3247.2 | 3025.6 | 3233.4 | 3317.8 | 3347.3 | 3464.8 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 294.6 | 465.3 | 45.8 | 238.8 | 465.3 | 262.5 | 183.0 | 158.4 | 45.8 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3447.4 | 3454.3 | 3474.1 | 3449.4 | 3454.3 | 3459.3 | 3464.2 | 3469.2 | 3474.1 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 6513.8 | 6236.6 | 7408.9 | 6839.5 | 6236.6 | 6799.0 | 6998.5 | 7042.0 | 7408.9 | 24 |
NOTES
- Private defined benefit plans and defined contribution plans (including 401(k) type plans).
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Assets of private pension plans held at life insurance companies; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
- Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
- Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
- Additional detail on defined benefit plans is available on tables L.118.b.
- Additional detail on defined contribution plans is available on table L.118.c.
Last Update: March 12, 2020