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 | 2016 | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 9073.4 | 9988.0 | 9722.7 | 10919.2 | 10283.1 | 10490.3 | 10543.8 | 10919.2 | 9940.5 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 17.1 | 21.8 | 24.1 | 26.1 | 24.4 | 24.9 | 25.7 | 26.1 | 30.4 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 31.4 | 35.0 | 36.1 | 37.1 | 36.5 | 36.7 | 36.9 | 37.1 | 39.1 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 158.3 | 158.9 | 162.1 | 164.7 | 162.7 | 163.2 | 164.2 | 164.7 | 173.4 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 2.6 | 2.9 | 3.0 | 3.1 | 3.1 | 3.1 | 3.1 | 3.1 | 3.2 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1231.6 | 1391.2 | 1511.0 | 1745.7 | 1594.2 | 1669.3 | 1732.9 | 1745.7 | 1837.3 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 39.1 | 42.9 | 44.3 | 45.6 | 44.8 | 45.0 | 45.3 | 45.6 | 41.9 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 304.1 | 350.9 | 406.0 | 468.1 | 425.9 | 448.4 | 470.1 | 468.1 | 537.7 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 168.1 | 193.6 | 225.3 | 259.1 | 237.8 | 247.4 | 256.1 | 259.1 | 297.2 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 720.3 | 803.8 | 835.4 | 972.9 | 885.8 | 928.5 | 961.4 | 972.9 | 960.6 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 22.2 | 26.7 | 29.2 | 31.4 | 29.7 | 30.1 | 30.9 | 31.4 | 33.4 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2329.9 | 2713.0 | 2364.2 | 2939.0 | 2647.5 | 2719.8 | 2719.8 | 2939.0 | 2279.1 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 3352.8 | 3886.7 | 3614.3 | 4306.0 | 3976.6 | 4094.9 | 4079.6 | 4306.0 | 3557.0 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1927.5 | 1751.9 | 1978.6 | 1666.1 | 1808.4 | 1748.2 | 1750.8 | 1666.1 | 1987.6 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 546.5 | 565.0 | 546.3 | 585.2 | 564.5 | 572.6 | 576.7 | 585.2 | 551.5 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 100.1 | 119.3 | 131.5 | 142.1 | 135.0 | 137.1 | 140.0 | 142.1 | 150.1 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 582.3 | 294.6 | 465.3 | 48.7 | 262.5 | 181.0 | 156.4 | 48.7 | 401.3 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 698.6 | 773.0 | 835.6 | 890.0 | 846.4 | 857.6 | 877.7 | 890.0 | 884.6 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 9110.0 | 10024.6 | 9759.3 | 10955.7 | 10319.7 | 10526.8 | 10580.4 | 10955.7 | 9977.1 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3469.5 | 3484.0 | 3490.9 | 3510.6 | 3495.8 | 3500.8 | 3505.7 | 3510.6 | 3515.6 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 2887.2 | 3189.3 | 3025.6 | 3461.9 | 3233.4 | 3319.7 | 3349.3 | 3461.9 | 3114.2 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 582.3 | 294.6 | 465.3 | 48.7 | 262.5 | 181.0 | 156.4 | 48.7 | 401.3 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3432.9 | 3447.4 | 3454.3 | 3474.1 | 3459.3 | 3464.2 | 3469.2 | 3474.1 | 3479.0 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 5640.6 | 6540.6 | 6268.4 | 7445.1 | 6823.9 | 7026.0 | 7074.7 | 7445.1 | 6461.5 | 24 |
NOTES
- Private defined benefit plans and defined contribution plans (including 401(k) type plans).
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; 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: June 11, 2020