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 | 2016 | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FL574090045 | 3432.9 | 3447.4 | 3454.3 | 3474.1 | 3459.3 | 3464.2 | 3469.2 | 3474.1 | 3479.0 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FL573020043 | 9.6 | 9.8 | 9.7 | 9.6 | 9.7 | 9.7 | 9.6 | 9.6 | 9.7 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FL573030043 | 27.5 | 31.2 | 32.2 | 33.0 | 32.5 | 32.6 | 32.8 | 33.0 | 34.6 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FL573034043 | 32.9 | 37.3 | 38.4 | 39.4 | 38.8 | 39.0 | 39.2 | 39.4 | 41.4 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FL572051043 | 2.6 | 2.9 | 3.0 | 3.1 | 3.1 | 3.1 | 3.1 | 3.1 | 3.2 | 5 |
| Private defined benefit pension funds; debt securities; asset | LM574022045 | 859.4 | 980.7 | 1050.6 | 1198.1 | 1112.1 | 1162.7 | 1195.8 | 1198.1 | 1220.1 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FL573069143 | 30.0 | 34.0 | 35.0 | 35.9 | 35.4 | 35.6 | 35.8 | 35.9 | 32.7 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | LM573061143 | 179.5 | 214.3 | 253.9 | 294.4 | 268.9 | 284.3 | 297.1 | 294.4 | 330.4 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | LM573061743 | 101.3 | 120.6 | 142.0 | 163.7 | 151.8 | 158.2 | 162.4 | 163.7 | 178.2 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | LM573063043 | 548.7 | 611.8 | 619.7 | 704.0 | 656.0 | 684.6 | 700.5 | 704.0 | 678.7 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FL573065043 | 14.1 | 15.8 | 16.4 | 16.9 | 16.6 | 16.7 | 16.9 | 16.9 | 17.3 | 11 |
| Private defined benefit pension funds; corporate equities; asset | LM573064143 | 1099.1 | 1210.9 | 1002.9 | 1215.0 | 1109.6 | 1132.6 | 1128.2 | 1215.0 | 931.8 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | LM573064243 | 385.1 | 411.5 | 370.1 | 423.9 | 399.6 | 408.2 | 405.2 | 423.9 | 346.2 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FL573090045 | 1002.6 | 747.2 | 931.0 | 535.0 | 737.2 | 659.6 | 638.3 | 535.0 | 874.8 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FL573095405 | 56.0 | 62.2 | 58.8 | 65.0 | 62.0 | 63.0 | 63.2 | 65.0 | 59.2 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FL573074043 | 66.1 | 83.3 | 91.8 | 99.1 | 94.8 | 96.1 | 97.8 | 99.1 | 103.8 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FL573073005 | 582.3 | 294.6 | 465.3 | 48.7 | 262.5 | 181.0 | 156.4 | 48.7 | 401.3 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FL573093043 | 298.1 | 307.0 | 315.1 | 322.2 | 318.0 | 319.4 | 321.0 | 322.2 | 310.5 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) (4) | FL574190043 | 3469.5 | 3484.0 | 3490.9 | 3510.6 | 3495.8 | 3500.8 | 3505.7 | 3510.6 | 3515.6 | 19 |
NOTES
- 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 defined benefit pension entitlements.
Last Update: June 11, 2020