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 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 9695.8 | 11051.2 | 12035.9 | 13168.9 | 12293.5 | 12767.5 | 12751.5 | 13168.9 | 12705.3 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 16.8 | 24.1 | 31.6 | 35.2 | 32.1 | 33.3 | 34.4 | 35.2 | 37.1 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 30.0 | 14.5 | 12.2 | 13.2 | 12.8 | 12.8 | 13.0 | 13.2 | 14.1 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 158.5 | 179.9 | 220.0 | 238.4 | 222.2 | 227.8 | 233.9 | 238.4 | 248.1 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 2.5 | 15.8 | 21.0 | 25.7 | 21.9 | 23.3 | 24.5 | 25.7 | 26.6 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1416.1 | 1565.8 | 1695.6 | 1636.0 | 1603.0 | 1640.7 | 1638.6 | 1636.0 | 1547.8 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 37.6 | 35.1 | 34.4 | 32.6 | 34.0 | 33.5 | 33.1 | 32.6 | 32.7 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 371.9 | 440.0 | 550.1 | 574.1 | 527.5 | 551.0 | 562.8 | 574.1 | 560.7 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 205.0 | 224.1 | 221.9 | 194.8 | 209.0 | 206.8 | 202.4 | 194.8 | 191.9 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 801.5 | 866.5 | 889.2 | 834.5 | 832.5 | 849.4 | 840.3 | 834.5 | 762.4 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.8 | 23.2 | 18.1 | 15.4 | 17.7 | 16.8 | 16.0 | 15.4 | 14.1 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2448.0 | 2961.8 | 3375.7 | 4107.5 | 3576.5 | 3837.0 | 3795.4 | 4107.5 | 3848.3 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 3594.6 | 4320.0 | 4742.7 | 5292.9 | 4890.3 | 5149.2 | 5100.1 | 5292.9 | 4926.8 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 2005.7 | 1946.0 | 1918.9 | 1804.6 | 1916.9 | 1826.6 | 1895.6 | 1804.6 | 2042.3 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 555.8 | 580.1 | 600.6 | 622.1 | 601.2 | 617.0 | 614.7 | 622.1 | 613.5 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 84.7 | 80.1 | 69.8 | 58.1 | 67.3 | 64.0 | 61.2 | 58.1 | 56.8 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 601.7 | 404.8 | 218.9 | 12.8 | 206.6 | 77.8 | 127.6 | 12.8 | 237.0 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 763.5 | 881.0 | 1029.6 | 1111.7 | 1041.8 | 1067.7 | 1092.1 | 1111.7 | 1135.0 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 9732.4 | 11087.7 | 12072.4 | 13205.4 | 12330.0 | 12804.0 | 12788.0 | 13205.4 | 12741.8 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3532.3 | 3660.9 | 3702.1 | 3742.3 | 3712.1 | 3722.2 | 3732.2 | 3742.3 | 3752.3 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 2930.6 | 3256.1 | 3483.2 | 3729.5 | 3505.6 | 3644.3 | 3604.6 | 3729.5 | 3515.3 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 601.7 | 404.8 | 218.9 | 12.8 | 206.6 | 77.8 | 127.6 | 12.8 | 237.0 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3495.7 | 3624.4 | 3665.5 | 3705.8 | 3675.6 | 3685.6 | 3695.7 | 3705.8 | 3715.8 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 6200.1 | 7426.8 | 8370.3 | 9463.1 | 8617.9 | 9081.8 | 9055.8 | 9463.1 | 8989.5 | 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 9, 2022