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 | 2022 | 2023 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; gross savings less net capital transfers paid | FA576000105 | 8.6 | 47.3 | 1.5 | 25.1 | 1.4 | 1.5 | 1.5 | 1.5 | 1.5 | 1 |
| Private pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA575013005 | 2.7 | 3.2 | 3.4 | 3.2 | 3.2 | 3.3 | 3.3 | 3.4 | 3.4 | 2 |
| Private pension funds; total financial assets (2) | FA574090005 | 10.1 | 75.3 | -22.8 | 51.5 | 50.2 | -27.0 | -32.2 | -27.8 | -4.1 | 3 |
| Private pension funds; checkable deposits and currency; asset | FA573020005 | -2.4 | -0.4 | -0.7 | -0.7 | -0.0 | -0.5 | -1.2 | -0.6 | -0.7 | 4 |
| Private pension funds; total time and savings deposits; asset | FA573030005 | -2.8 | -1.4 | -1.4 | -1.2 | -1.2 | -0.9 | -0.9 | -2.0 | -1.9 | 5 |
| Private pension funds; money market fund shares; asset | FA573034005 | -11.5 | -4.2 | -4.4 | -3.1 | -3.6 | -3.1 | -1.4 | -6.8 | -6.4 | 6 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | -4.3 | -2.3 | -2.3 | -2.0 | -1.9 | -1.4 | -1.5 | -3.2 | -3.0 | 7 |
| Private pension funds; debt securities; asset | FA574022005 | -50.1 | 3.5 | 17.2 | 16.8 | -9.1 | 10.4 | 39.2 | 6.2 | 12.9 | 8 |
| Private pension funds; total commercial paper; asset | FA573069105 | -6.8 | -3.5 | -3.5 | -3.0 | -2.9 | -2.2 | -2.2 | -4.9 | -4.7 | 9 |
| Private pension funds; Treasury securities; asset | FA573061105 | -7.1 | 7.7 | 12.8 | 11.7 | 2.0 | 7.9 | 18.6 | 11.3 | 13.3 | 10 |
| Private pension funds; agency- and GSE-backed securities; asset | FA573061705 | -14.6 | -3.0 | -1.5 | -1.0 | -3.8 | -1.0 | 2.2 | -4.0 | -3.0 | 11 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | -21.5 | 2.2 | 9.4 | 9.1 | -4.4 | 5.7 | 20.7 | 3.9 | 7.3 | 12 |
| Private pension funds; total mortgages; asset | FA573065005 | -6.7 | -3.3 | -3.9 | -3.5 | -2.1 | -2.5 | -3.9 | -4.6 | -4.8 | 13 |
| Private pension funds, including 403(b) plans; corporate equities; asset | FA573064105 | 114.7 | 3.1 | 24.6 | 24.3 | -16.1 | 14.8 | 60.1 | 6.6 | 17.1 | 14 |
| Private pension funds; mutual fund shares; asset | FA573064205 | -74.5 | -5.9 | -79.9 | -17.7 | 53.3 | -42.6 | -100.2 | -96.7 | -80.1 | 15 |
| Private pension funds; total miscellaneous assets | FA573090005 | 47.7 | 86.2 | 28.1 | 38.6 | 31.0 | -1.2 | -22.4 | 73.3 | 62.8 | 16 |
| Private pension funds; unallocated insurance contracts; asset (3) | FA573095005 | 5.4 | 7.2 | 10.4 | 7.8 | 5.4 | 8.4 | 12.2 | 10.0 | 11.0 | 17 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | 2.4 | -0.1 | 0.6 | 0.7 | -0.7 | 0.4 | 1.9 | -0.0 | 0.3 | 18 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FA573073005 | 161.6 | 132.8 | 84.4 | 89.8 | 58.3 | 31.7 | 34.8 | 139.7 | 131.4 | 19 |
| Private pension funds; unidentified miscellaneous assets | FA573093005 | -121.6 | -53.7 | -67.3 | -59.7 | -32.0 | -41.7 | -71.2 | -76.3 | -79.9 | 20 |
| Private pension funds; total liabilities | FA574190005 | 4.2 | 31.1 | -20.9 | 29.6 | 52.0 | -25.2 | -30.3 | -26.0 | -2.3 | 21 |
| Private defined benefit pension funds; total financial assets (5) | FA574090045 | -40.7 | -9.3 | -57.8 | -32.4 | -57.8 | -57.8 | -57.8 | -57.9 | -57.9 | 22 |
| Private defined contribution pension funds; total financial assets (6) | FA574090055 | 50.8 | 84.6 | 35.1 | 83.9 | 108.0 | 30.8 | 25.7 | 30.0 | 53.7 | 23 |
NOTES
- Sum of 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 13, 2025