Financial Accounts of the United States - Z.1
F.118 Private Pension Funds (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA576330005 | 0.5 | 1.1 | 1.2 | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 | 1.2 | 1 |
| Private pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA575013005 | 2 | 2.2 | 2.4 | 2.3 | 2.3 | 2.4 | 2.4 | 2.4 | 2.4 | 2 |
| Private pension funds; total financial assets (2) | FA574090005 | 3.8 | 52.5 | 93.6 | 52 | 90.6 | 120.4 | 62.5 | 93.4 | 98.1 | 3 |
| Private pension funds; checkable deposits and currency; asset | FA573020005 | 4.5 | -0.3 | -0 | -0.5 | -0.8 | 0.6 | 0.1 | -0.4 | -0.3 | 4 |
| Private pension funds; total time and savings deposits; asset | FA573030005 | 0.5 | 0.9 | 1 | 1 | 1 | 1 | 1.2 | 0.9 | 1 | 5 |
| Private pension funds; money market fund shares; asset | FA573034005 | 7.4 | 14.1 | 14.2 | 16.1 | 18.2 | 10.3 | 15.6 | 15 | 16 | 6 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | 0.3 | 0.8 | 1 | 0.8 | 0.7 | 1.2 | 1.2 | 0.7 | 0.9 | 7 |
| Private pension funds; debt securities; asset | FA574022005 | 189.7 | 145.2 | 167.8 | 185.9 | 190.5 | 228.5 | 235.2 | 97.8 | 109.5 | 8 |
| Private pension funds; total commercial paper; asset | FA573069105 | 1.2 | 2.2 | 2.5 | 2.3 | 2.3 | 2.4 | 2.8 | 2.1 | 2.5 | 9 |
| Private pension funds; Treasury securities; asset | FA573061105 | 71.3 | 74.4 | 94.3 | 113.3 | 115.9 | 161.9 | 152.6 | 30 | 32.5 | 10 |
| Private pension funds; agency- and GSE-backed securities; asset | FA573061705 | 29.9 | 17.1 | 17.1 | 19.3 | 20.7 | 13 | 19 | 17.4 | 18.9 | 11 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 87.4 | 51.4 | 54 | 51 | 51.5 | 51.1 | 60.7 | 48.3 | 55.7 | 12 |
| Private pension funds; total mortgages; asset | FA573065005 | 1.1 | 0.8 | 0.9 | 0.8 | 0.8 | 0.8 | 1 | 0.8 | 0.9 | 13 |
| Private pension funds, including 403(b) plans; corporate equities; asset | FA573064105 | -295 | -133.8 | -160.5 | -136.8 | -134.6 | -195.7 | -173.1 | -125.2 | -147.7 | 14 |
| Private pension funds; mutual fund shares; asset | FA573064205 | -83.4 | -43.2 | -16.1 | -61 | -57.3 | 53.4 | -63 | -22.2 | -32.4 | 15 |
| Private pension funds; total miscellaneous assets | FA573090005 | 178.6 | 67.9 | 85.3 | 45.8 | 72 | 20.4 | 44.4 | 126.1 | 150.2 | 16 |
| Private pension funds; unallocated insurance contracts; asset (3) | FA573095005 | -6.7 | -3.4 | 5.6 | -2.7 | 13.6 | 10.2 | 4.9 | -0.9 | 8 | 17 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | -6.5 | -1.9 | -2.9 | -1.4 | -0.7 | -4.7 | -3.6 | -1.3 | -2.1 | 18 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FA573073005 | 149.6 | 58.7 | 65.9 | 45.3 | 49.6 | 45.3 | 43.2 | 81 | 94.2 | 19 |
| Private pension funds; unidentified miscellaneous assets | FA573093005 | 42.2 | 14.5 | 16.7 | 4.5 | 9.6 | -30.6 | -0.1 | 47.4 | 50.1 | 20 |
| Private pension funds; total liabilities | FA574190005 | 5.3 | 53.6 | 94.8 | 53.1 | 91.8 | 121.7 | 63.7 | 94.6 | 99.4 | 21 |
| Private defined benefit pension funds; total financial assets (5) | FA574090045 | -23.9 | 15.2 | 29.6 | 20 | 29.7 | 29.7 | 29.7 | 29.7 | 29.6 | 22 |
| Private defined contribution pension funds; total financial assets (6) | FA574090055 | 27.7 | 37.3 | 64 | 32 | 60.9 | 90.8 | 32.8 | 63.7 | 68.5 | 23 |
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.
- Additional detail on defined benefit plans is available on table F.118.b.
- Additional detail on defined contribution plans is available on table F.118.c.
Last Update: March 7, 2024