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 | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 9684.1 | 10880.3 | 11828.7 | 10512.9 | 10880.3 | 9884.4 | 10738.4 | 11126.4 | 11828.7 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 16.8 | 16.9 | 16.9 | 17.0 | 16.9 | 17.2 | 17.1 | 17.0 | 16.9 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 30.0 | 29.7 | 28.9 | 29.9 | 29.7 | 29.8 | 29.5 | 29.2 | 28.9 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 158.5 | 160.0 | 161.7 | 159.9 | 160.0 | 162.8 | 162.8 | 162.9 | 161.7 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 2.5 | 2.4 | 2.3 | 2.4 | 2.4 | 2.4 | 2.4 | 2.4 | 2.3 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1416.1 | 1607.8 | 1806.2 | 1572.9 | 1607.8 | 1617.7 | 1706.3 | 1743.0 | 1806.2 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 37.6 | 37.4 | 36.5 | 37.6 | 37.4 | 37.5 | 37.2 | 36.9 | 36.5 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 371.9 | 420.7 | 496.7 | 413.9 | 420.7 | 463.5 | 476.4 | 487.9 | 496.7 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 205.0 | 229.1 | 235.2 | 223.2 | 229.1 | 240.6 | 223.4 | 228.1 | 235.2 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 801.5 | 920.7 | 1037.7 | 898.2 | 920.7 | 876.1 | 969.3 | 990.2 | 1037.7 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.8 | 25.1 | 26.9 | 24.8 | 25.1 | 25.8 | 26.1 | 26.4 | 26.9 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2448.0 | 3135.8 | 3475.6 | 2907.9 | 3135.8 | 2492.7 | 2925.7 | 3122.5 | 3475.6 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 3594.6 | 4239.5 | 4603.2 | 4041.0 | 4239.5 | 3520.0 | 4022.3 | 4221.5 | 4603.2 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1994.0 | 1663.1 | 1706.9 | 1757.2 | 1663.1 | 2016.0 | 1846.3 | 1801.6 | 1706.9 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 555.8 | 589.6 | 604.3 | 581.9 | 589.6 | 558.9 | 577.8 | 584.7 | 604.3 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 84.7 | 83.8 | 76.5 | 86.1 | 83.8 | 87.0 | 83.0 | 80.0 | 76.5 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 590.0 | 175.7 | 147.1 | 288.2 | 175.7 | 531.1 | 335.2 | 273.0 | 147.1 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 763.5 | 813.9 | 878.9 | 801.0 | 813.9 | 839.0 | 850.3 | 863.8 | 878.9 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 9720.7 | 10916.8 | 11865.2 | 10549.5 | 10916.8 | 9920.9 | 10774.9 | 11162.9 | 11865.2 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3520.6 | 3534.7 | 3534.3 | 3534.8 | 3534.7 | 3534.6 | 3534.5 | 3534.4 | 3534.3 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 2930.6 | 3359.0 | 3387.1 | 3246.6 | 3359.0 | 3003.5 | 3199.3 | 3261.4 | 3387.1 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 590.0 | 175.7 | 147.1 | 288.2 | 175.7 | 531.1 | 335.2 | 273.0 | 147.1 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3484.0 | 3498.2 | 3497.7 | 3498.3 | 3498.2 | 3498.1 | 3498.0 | 3497.9 | 3497.7 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 6200.1 | 7382.1 | 8330.9 | 7014.7 | 7382.1 | 6386.3 | 7240.4 | 7628.6 | 8330.9 | 24 |
NOTES
- Private defined benefit plans and defined contribution plans (including 401(k) type plans).
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- 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: March 11, 2021