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 | 2020 | 2021 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA576330005 | 0.2 | 0.5 | 1.1 | 1.2 | 1.1 | 1.2 | 1.2 | 1.2 | 1.2 | 1 |
| Private pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA575013005 | 0.2 | 2 | 2.2 | 2.4 | 2.4 | 2.4 | 2.4 | 2.4 | 2.5 | 2 |
| Private pension funds; total financial assets (2) | FA574090005 | 75.4 | 3.8 | 52.2 | 91.6 | 120.1 | 64.4 | 88 | 93.9 | 73.2 | 3 |
| Private pension funds; checkable deposits and currency; asset | FA573020005 | -4.1 | 4.5 | -0.3 | 0.2 | 0.6 | -0.2 | -0.3 | 0.7 | -0.5 | 4 |
| Private pension funds; total time and savings deposits; asset | FA573030005 | 2.2 | 0.5 | 0.9 | 1 | 1 | 1.3 | 0.8 | 0.8 | 1.2 | 5 |
| Private pension funds; money market fund shares; asset | FA573034005 | 24.6 | 7.4 | 14.5 | 12.3 | 10.4 | 18 | 13.6 | 7.1 | 17.9 | 6 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | 2.6 | 0.3 | 0.8 | 1.1 | 1.2 | 1.2 | 0.7 | 1 | 1 | 7 |
| Private pension funds; debt securities; asset | FA574022005 | 77.7 | 189.7 | 147.4 | 154.3 | 229 | 247.7 | 90.5 | 50 | 126.8 | 8 |
| Private pension funds; total commercial paper; asset | FA573069105 | 5.4 | 1.2 | 2.3 | 2.4 | 2.5 | 3 | 2 | 1.9 | 2.8 | 9 |
| Private pension funds; Treasury securities; asset | FA573061105 | 1.3 | 71.3 | 75.3 | 90.5 | 162.1 | 157.4 | 27.2 | 15.3 | 38.3 | 10 |
| Private pension funds; agency- and GSE-backed securities; asset | FA573061705 | 12.6 | 29.9 | 17.6 | 14.9 | 13.1 | 21.7 | 15.8 | 9.1 | 22.2 | 11 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 58.3 | 87.4 | 52.3 | 46.5 | 51.3 | 65.5 | 45.6 | 23.6 | 63.4 | 12 |
| Private pension funds; total mortgages; asset | FA573065005 | 1.1 | 1.1 | 0.8 | 0.8 | 0.8 | 1.1 | 0.7 | 0.7 | 1 | 13 |
| Private pension funds, including 403(b) plans; corporate equities; asset | FA573064105 | -112.4 | -295 | -135.4 | -164.9 | -196.1 | -182.6 | -120 | -161 | -166.2 | 14 |
| Private pension funds; mutual fund shares; asset | FA573064205 | 19.7 | -83.4 | -46.2 | 5.7 | 53.4 | -75.3 | -17.9 | 62.7 | -73.2 | 15 |
| Private pension funds; total miscellaneous assets | FA573090005 | 63.9 | 178.6 | 69.6 | 81.2 | 19.8 | 53.3 | 119.8 | 131.9 | 165.2 | 16 |
| Private pension funds; unallocated insurance contracts; asset (3) | FA573095005 | 15.1 | -6.7 | -3.2 | 6.7 | 9.3 | 5 | -2.1 | 14.7 | 8.2 | 17 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | -2.7 | -6.5 | -1.9 | -3.4 | -4.7 | -3.2 | -1.6 | -4.2 | -2.1 | 18 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FA573073005 | -6.5 | 149.6 | 58.7 | 67.9 | 45.4 | 43.6 | 81 | 101.6 | 99.8 | 19 |
| Private pension funds; unidentified miscellaneous assets | FA573093005 | 58 | 42.2 | 16 | 10 | -30.2 | 8 | 42.5 | 19.8 | 59.3 | 20 |
| Private pension funds; total liabilities | FA574190005 | 75.3 | 5.3 | 53.3 | 92.8 | 121.3 | 65.7 | 89.3 | 95.2 | 74.5 | 21 |
| Private defined benefit pension funds; total financial assets (5) | FA574090045 | -35.4 | -23.9 | 15.2 | 29.6 | 29.7 | 29.7 | 29.7 | 29.6 | 29.6 | 22 |
| Private defined contribution pension funds; total financial assets (6) | FA574090055 | 110.9 | 27.7 | 37 | 62 | 90.4 | 34.8 | 58.4 | 64.3 | 43.6 | 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: June 7, 2024