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
Make Full Screen
| Description | Series code | 2022 | 2023 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 11162.4 | 12461.2 | 13588.9 | 11716.5 | 12461.2 | 13009.9 | 13148.0 | 13617.9 | 13588.9 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 22.1 | 21.7 | 20.9 | 21.7 | 21.7 | 21.6 | 21.3 | 21.1 | 20.9 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 14.5 | 13.0 | 11.6 | 13.3 | 13.0 | 12.8 | 12.6 | 12.1 | 11.6 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 200.5 | 196.3 | 191.9 | 197.2 | 196.3 | 195.6 | 195.2 | 193.5 | 191.9 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 14.4 | 12.2 | 9.9 | 12.6 | 12.2 | 11.8 | 11.4 | 10.6 | 9.9 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1487.4 | 1544.7 | 1548.1 | 1462.3 | 1544.7 | 1532.5 | 1533.6 | 1601.7 | 1548.1 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 34.9 | 31.4 | 27.9 | 32.1 | 31.4 | 30.8 | 30.3 | 29.0 | 27.9 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 427.7 | 444.6 | 451.8 | 421.6 | 444.6 | 440.5 | 443.9 | 466.5 | 451.8 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 219.5 | 221.7 | 221.9 | 216.0 | 221.7 | 220.3 | 221.3 | 226.9 | 221.9 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 805.4 | 847.0 | 846.6 | 792.7 | 847.0 | 840.9 | 838.1 | 879.2 | 846.6 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 18.7 | 15.4 | 11.5 | 16.0 | 15.4 | 14.8 | 13.9 | 12.7 | 11.5 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 3177.5 | 3945.0 | 4847.4 | 3536.0 | 3945.0 | 4329.7 | 4469.8 | 4730.9 | 4847.4 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 4355.8 | 5017.2 | 5516.6 | 4590.6 | 5017.2 | 5322.7 | 5364.6 | 5624.5 | 5516.6 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1871.5 | 1695.7 | 1430.9 | 1866.8 | 1695.7 | 1568.5 | 1525.7 | 1410.7 | 1430.9 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 603.0 | 636.4 | 670.2 | 618.8 | 636.4 | 649.6 | 654.2 | 668.1 | 670.2 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 73.2 | 73.2 | 73.8 | 73.3 | 73.2 | 73.3 | 73.7 | 73.7 | 73.8 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 335.8 | 180.5 | -51.4 | 361.0 | 180.5 | 50.4 | 20.3 | -89.4 | -51.4 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 859.4 | 805.7 | 738.4 | 813.7 | 805.7 | 795.2 | 777.4 | 758.3 | 738.4 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 11201.8 | 12501.3 | 13630.2 | 11756.4 | 12501.3 | 13050.2 | 13188.5 | 13658.7 | 13630.2 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3224.8 | 3269.3 | 3213.3 | 3258.2 | 3269.3 | 3255.3 | 3241.3 | 3227.3 | 3213.3 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 2889.0 | 3088.9 | 3264.8 | 2897.2 | 3088.9 | 3204.9 | 3221.0 | 3316.7 | 3264.8 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 335.8 | 180.5 | -51.4 | 361.0 | 180.5 | 50.4 | 20.3 | -89.4 | -51.4 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3185.5 | 3229.3 | 3172.1 | 3218.3 | 3229.3 | 3215.1 | 3200.8 | 3186.5 | 3172.1 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 7977.0 | 9231.9 | 10416.9 | 8498.2 | 9231.9 | 9794.9 | 9947.1 | 10431.4 | 10416.9 | 24 |
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. 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: March 13, 2025