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 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 10020.1 | 9684.1 | 10879.3 | 11834.9 | 9883.6 | 10742.8 | 11131.9 | 11834.9 | 12109.6 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 21.8 | 16.8 | 16.9 | 17.0 | 17.2 | 17.1 | 17.0 | 17.0 | 16.9 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 35.0 | 30.0 | 29.7 | 28.9 | 29.8 | 29.5 | 29.2 | 28.9 | 28.7 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 158.9 | 158.5 | 160.0 | 161.8 | 162.8 | 162.8 | 162.9 | 161.8 | 161.4 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 2.9 | 2.5 | 2.4 | 2.3 | 2.4 | 2.4 | 2.4 | 2.3 | 2.3 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1391.2 | 1416.1 | 1607.8 | 1828.6 | 1637.7 | 1728.4 | 1765.2 | 1828.6 | 1757.0 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 42.9 | 37.6 | 37.4 | 36.6 | 37.5 | 37.2 | 36.9 | 36.6 | 36.4 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 350.9 | 371.9 | 420.7 | 506.6 | 472.3 | 486.2 | 497.6 | 506.6 | 489.1 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 193.6 | 205.0 | 229.1 | 240.1 | 245.0 | 228.3 | 232.9 | 240.1 | 240.1 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 803.8 | 801.5 | 920.7 | 1045.4 | 882.9 | 976.8 | 997.8 | 1045.4 | 991.3 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 26.7 | 23.8 | 25.1 | 26.9 | 25.8 | 26.1 | 26.5 | 26.9 | 27.2 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2713.0 | 2448.0 | 3135.8 | 3477.3 | 2492.7 | 2927.0 | 3123.9 | 3477.3 | 3674.9 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 3886.7 | 3594.6 | 4238.5 | 4603.7 | 3519.2 | 4021.3 | 4221.4 | 4603.7 | 4749.6 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1784.0 | 1994.0 | 1663.1 | 1688.4 | 1996.0 | 1828.1 | 1783.4 | 1688.4 | 1691.6 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 565.1 | 555.8 | 589.6 | 603.2 | 558.9 | 577.3 | 584.1 | 603.2 | 604.1 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 119.3 | 84.7 | 83.8 | 76.7 | 87.0 | 83.1 | 80.2 | 76.7 | 75.1 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 326.7 | 590.0 | 175.7 | 147.1 | 531.1 | 335.2 | 273.0 | 147.1 | 140.3 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 772.9 | 763.5 | 813.9 | 861.3 | 819.0 | 832.4 | 846.0 | 861.3 | 872.0 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 10056.7 | 9720.7 | 10915.8 | 11871.4 | 9920.1 | 10779.3 | 11168.4 | 11871.4 | 12146.1 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3516.0 | 3520.6 | 3534.7 | 3534.3 | 3534.6 | 3534.5 | 3534.4 | 3534.3 | 3534.2 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 3189.3 | 2930.6 | 3359.0 | 3387.1 | 3003.5 | 3199.3 | 3261.4 | 3387.1 | 3393.9 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 326.7 | 590.0 | 175.7 | 147.1 | 531.1 | 335.2 | 273.0 | 147.1 | 140.3 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3479.4 | 3484.0 | 3498.2 | 3497.7 | 3498.1 | 3498.0 | 3497.9 | 3497.7 | 3497.6 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 6540.6 | 6200.1 | 7381.1 | 8337.1 | 6385.5 | 7244.8 | 7634.0 | 8337.1 | 8611.9 | 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: June 10, 2021