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 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 11051.2 | 12146.7 | 13354.1 | 12423.3 | 12924.6 | 12908.3 | 13354.1 | 12868.1 | 11813.3 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 24.1 | 20.0 | 21.6 | 20.4 | 20.8 | 21.2 | 21.6 | 21.9 | 22.3 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 14.5 | 16.8 | 10.7 | 15.5 | 13.9 | 12.4 | 10.7 | 9.4 | 8.1 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 179.9 | 205.5 | 229.4 | 209.5 | 216.5 | 222.6 | 229.4 | 234.6 | 241.3 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 15.8 | 18.4 | 25.9 | 19.9 | 22.0 | 23.8 | 25.9 | 27.6 | 29.1 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1565.8 | 1719.6 | 1682.7 | 1639.2 | 1684.9 | 1681.3 | 1682.7 | 1578.3 | 1506.3 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 35.1 | 40.7 | 42.4 | 41.0 | 41.5 | 42.0 | 42.4 | 42.8 | 43.2 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 440.0 | 462.8 | 469.0 | 442.5 | 457.6 | 461.9 | 469.0 | 446.7 | 435.5 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 224.1 | 236.2 | 221.6 | 227.4 | 228.2 | 225.6 | 221.6 | 214.2 | 212.2 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 866.5 | 979.9 | 949.7 | 928.3 | 957.6 | 951.9 | 949.7 | 874.7 | 815.4 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.2 | 24.4 | 24.8 | 24.5 | 24.6 | 24.7 | 24.8 | 24.8 | 24.9 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2961.8 | 3395.7 | 4093.1 | 3581.8 | 3834.3 | 3790.7 | 4093.1 | 3830.1 | 3147.1 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 4320.0 | 4917.5 | 5498.8 | 5071.9 | 5344.1 | 5296.0 | 5498.8 | 5145.8 | 4449.5 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1946.0 | 1828.8 | 1767.1 | 1840.6 | 1763.5 | 1835.6 | 1767.1 | 1995.5 | 2384.7 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 580.1 | 631.6 | 669.2 | 634.5 | 656.7 | 657.6 | 669.2 | 650.1 | 619.6 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 80.1 | 77.7 | 74.7 | 77.0 | 76.3 | 75.5 | 74.7 | 74.0 | 73.4 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 404.8 | 164.5 | -36.6 | 155.3 | 24.5 | 71.2 | -36.6 | 190.5 | 581.3 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 881.0 | 955.1 | 1059.8 | 973.8 | 1006.1 | 1031.3 | 1059.8 | 1080.9 | 1110.4 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 11087.7 | 12183.2 | 13390.6 | 12459.9 | 12961.1 | 12944.8 | 13390.6 | 12904.6 | 11849.8 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3660.9 | 3702.1 | 3742.3 | 3712.1 | 3722.2 | 3732.2 | 3742.3 | 3752.3 | 3762.4 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 3256.1 | 3537.6 | 3778.8 | 3556.9 | 3697.7 | 3661.0 | 3778.8 | 3561.8 | 3181.0 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 404.8 | 164.5 | -36.6 | 155.3 | 24.5 | 71.2 | -36.6 | 190.5 | 581.3 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3624.4 | 3665.5 | 3705.8 | 3675.6 | 3685.6 | 3695.7 | 3705.8 | 3715.8 | 3725.9 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 7426.8 | 8481.2 | 9648.4 | 8747.7 | 9238.9 | 9212.5 | 9648.4 | 9152.3 | 8087.4 | 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: September 9, 2022