Financial Accounts of the United States - Z.1
L.118.b Private Pension Funds Defined Benefit Plans
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 defined benefit pension funds; total financial assets (1) | FL574090045 | 3447.4 | 3454.3 | 3474.1 | 3449.4 | 3454.3 | 3459.3 | 3464.2 | 3469.2 | 3474.1 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FL573020043 | 9.8 | 9.7 | 9.6 | 9.7 | 9.7 | 9.7 | 9.6 | 9.6 | 9.6 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FL573030043 | 31.2 | 32.2 | 33.5 | 32.0 | 32.2 | 32.5 | 32.7 | 33.0 | 33.5 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FL573034043 | 37.3 | 38.4 | 40.0 | 38.3 | 38.4 | 38.8 | 39.1 | 39.5 | 40.0 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FL572051043 | 2.9 | 3.0 | 3.2 | 3.0 | 3.0 | 3.1 | 3.1 | 3.1 | 3.2 | 5 |
| Private defined benefit pension funds; debt securities; asset | LM574022045 | 980.7 | 1050.6 | 1221.6 | 1033.1 | 1050.6 | 1112.1 | 1164.7 | 1204.0 | 1221.6 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FL573069143 | 34.0 | 35.0 | 36.5 | 34.9 | 35.0 | 35.4 | 35.6 | 36.0 | 36.5 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | LM573061143 | 214.3 | 253.9 | 302.1 | 241.8 | 253.9 | 268.9 | 285.0 | 299.8 | 302.1 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | LM573061743 | 120.6 | 142.0 | 171.3 | 136.0 | 142.0 | 151.8 | 158.8 | 165.1 | 171.3 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | LM573063043 | 611.8 | 619.7 | 711.7 | 620.3 | 619.7 | 656.0 | 685.3 | 703.2 | 711.7 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FL573065043 | 15.8 | 16.4 | 17.3 | 16.3 | 16.4 | 16.6 | 16.8 | 17.0 | 17.3 | 11 |
| Private defined benefit pension funds; corporate equities; asset | LM573064143 | 1210.9 | 1002.9 | 1187.2 | 1194.8 | 1002.9 | 1109.6 | 1129.6 | 1117.0 | 1187.2 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | LM573064243 | 411.5 | 370.1 | 421.3 | 415.3 | 370.1 | 399.6 | 407.4 | 403.8 | 421.3 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FL573090045 | 747.2 | 931.0 | 540.4 | 706.9 | 931.0 | 737.2 | 661.2 | 642.1 | 540.4 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FL573095405 | 62.2 | 58.8 | 64.2 | 63.4 | 58.8 | 62.0 | 61.9 | 61.8 | 64.2 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FL573074043 | 83.3 | 91.8 | 103.8 | 90.6 | 91.8 | 94.8 | 96.6 | 99.4 | 103.8 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FL573073005 | 294.6 | 465.3 | 45.8 | 238.8 | 465.3 | 262.5 | 183.0 | 158.4 | 45.8 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FL573093043 | 307.0 | 315.1 | 326.7 | 314.1 | 315.1 | 318.0 | 319.8 | 322.5 | 326.7 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) (4) | FL574190043 | 3484.0 | 3490.9 | 3510.6 | 3486.0 | 3490.9 | 3495.8 | 3500.8 | 3505.7 | 3510.6 | 19 |
NOTES
- 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 defined benefit pension entitlements.
Last Update: March 12, 2020