Financial Accounts of the United States - Z.1
L.118.b Private Pension Funds Defined Benefit Plans
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Make Full Screen
| Description | Series code | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FL574090045 | 3185.5 | 3229.3 | 3196.4 | 3207.4 | 3218.3 | 3229.3 | 3215.1 | 3200.8 | 3186.5 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FL573020043 | 12.8 | 13.2 | 12.9 | 13 | 13.1 | 13.2 | 13.3 | 13.3 | 13.5 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FL573030043 | 9.3 | 8.1 | 9 | 8.7 | 8.4 | 8.1 | 7.9 | 7.6 | 7.1 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FL573034043 | 38.2 | 33.1 | 37 | 35.7 | 34.4 | 33.1 | 32.2 | 31.2 | 29.1 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FL572051043 | 14.4 | 12.5 | 14 | 13.5 | 13 | 12.5 | 12.2 | 11.8 | 11 | 5 |
| Private defined benefit pension funds; debt securities; asset | LM574022045 | 945.4 | 951.8 | 962.3 | 943.5 | 904.7 | 951.8 | 937.3 | 925.8 | 954.6 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FL573069143 | 22.9 | 19.9 | 22.2 | 21.4 | 20.6 | 19.9 | 19.3 | 18.7 | 17.5 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | LM573061143 | 226.7 | 226.2 | 231.6 | 226 | 215.9 | 226.2 | 222.2 | 220.6 | 228.3 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | LM573061743 | 111.8 | 108.3 | 112.2 | 109.5 | 106.5 | 108.3 | 106.6 | 105.6 | 106.3 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | LM573063043 | 584 | 597.3 | 596.4 | 586.6 | 561.6 | 597.3 | 589.2 | 580.8 | 602.6 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FL573065043 | 12.5 | 11.2 | 12.1 | 11.8 | 11.5 | 11.2 | 10.9 | 10.7 | 10.1 | 11 |
| Private defined benefit pension funds; corporate equities; asset | LM573064143 | 1085.4 | 1295.1 | 1147.4 | 1226.9 | 1169.9 | 1295.1 | 1411.3 | 1442.8 | 1506.9 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | LM573064243 | 315.6 | 344.7 | 327.1 | 336.5 | 320.4 | 344.7 | 362.8 | 363.8 | 376 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FL573090045 | 751.8 | 559.6 | 674.6 | 617.8 | 743 | 559.6 | 427.3 | 393.9 | 278.2 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FL573095405 | 55 | 58.3 | 56.4 | 57.3 | 55.7 | 58.3 | 60 | 60 | 61.4 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FL573074043 | 27.4 | 25.7 | 27 | 26.5 | 26.1 | 25.7 | 25.3 | 25 | 24.3 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FL573073005 | 335.8 | 156.6 | 261.2 | 207.6 | 338.6 | 156.6 | 25.6 | -4.6 | -115 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FL573093043 | 333.7 | 319.1 | 330 | 326.4 | 322.7 | 319.1 | 316.4 | 313.5 | 307.5 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) (4) | FL574190043 | 3224.8 | 3269.3 | 3235.9 | 3247.1 | 3258.2 | 3269.3 | 3255.3 | 3241.3 | 3227.3 | 19 |
NOTES
- 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 defined benefit pension entitlements.
Last Update: December 12, 2024