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 | 2019 | 2020 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 11042.9 | 12025.7 | 13152.3 | 11328.9 | 12025.7 | 12280.7 | 12753.5 | 12736.0 | 13152.3 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 24.1 | 31.6 | 35.1 | 30.2 | 31.6 | 32.1 | 33.3 | 34.4 | 35.1 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 14.5 | 7.1 | 6.2 | 9.4 | 7.1 | 5.8 | 6.6 | 6.6 | 6.2 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 179.7 | 219.7 | 237.6 | 212.9 | 219.7 | 221.8 | 227.7 | 233.8 | 237.6 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 15.8 | 21.1 | 26.0 | 19.5 | 21.1 | 21.9 | 23.4 | 24.7 | 26.0 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1565.8 | 1695.5 | 1636.6 | 1677.0 | 1695.5 | 1602.7 | 1641.8 | 1640.5 | 1636.6 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 35.1 | 34.4 | 32.4 | 34.9 | 34.4 | 34.0 | 33.4 | 33.0 | 32.4 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 440.0 | 550.0 | 574.0 | 539.9 | 550.0 | 527.3 | 551.6 | 563.8 | 574.0 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 224.1 | 221.8 | 194.3 | 226.2 | 221.8 | 208.9 | 207.0 | 202.6 | 194.3 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 866.5 | 889.4 | 835.8 | 876.1 | 889.4 | 832.6 | 849.8 | 841.1 | 835.8 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.2 | 18.1 | 15.4 | 19.2 | 18.1 | 17.7 | 16.8 | 16.0 | 15.4 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2961.8 | 3381.8 | 4120.3 | 2982.5 | 3381.8 | 3585.6 | 3846.1 | 3804.5 | 4120.3 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 4307.6 | 4728.9 | 5272.3 | 4315.4 | 4728.9 | 4875.6 | 5132.9 | 5082.7 | 5272.3 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1950.4 | 1921.9 | 1802.9 | 2062.8 | 1921.9 | 1917.5 | 1824.8 | 1892.8 | 1802.9 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 592.2 | 614.0 | 638.8 | 596.1 | 614.0 | 613.6 | 627.9 | 624.9 | 638.8 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 80.1 | 69.7 | 57.0 | 73.4 | 69.7 | 67.3 | 63.6 | 60.4 | 57.0 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 404.8 | 218.1 | 7.4 | 403.9 | 218.1 | 204.9 | 75.0 | 124.9 | 7.4 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 873.3 | 1020.1 | 1099.8 | 989.4 | 1020.1 | 1031.7 | 1058.4 | 1082.7 | 1099.8 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 11079.4 | 12062.2 | 13188.8 | 11365.4 | 12062.2 | 12317.3 | 12790.0 | 12772.5 | 13188.8 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3660.9 | 3702.1 | 3742.3 | 3692.0 | 3702.1 | 3712.1 | 3722.2 | 3732.2 | 3742.3 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 3256.1 | 3483.9 | 3734.9 | 3288.1 | 3483.9 | 3507.2 | 3647.1 | 3607.4 | 3734.9 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 404.8 | 218.1 | 7.4 | 403.9 | 218.1 | 204.9 | 75.0 | 124.9 | 7.4 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3624.4 | 3665.5 | 3705.8 | 3655.5 | 3665.5 | 3675.6 | 3685.6 | 3695.7 | 3705.8 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 7418.5 | 8360.2 | 9446.5 | 7673.4 | 8360.2 | 8605.1 | 9067.9 | 9040.3 | 9446.5 | 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: March 10, 2022