Financial Accounts of the United States - Z.1
S129.1.t Private pension funds 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving less net capital transfers paid | FA576000105 | 47.3 | 1.7 | 1.9 | 1.8 | 1.8 | 1.8 | 1.8 | 2.0 | 1.9 |
| Line 2 | Fixed nonresidential investment | FA575013005 | 3.2 | 3.4 | 3.5 | 3.4 | 3.5 | 3.5 | 3.5 | 3.6 | 3.6 |
| Line 3 | Net acquisition of financial assets(2) | FA574090005 | 193.4 | -24.3 | -60.3 | -34.9 | -62.6 | -43.5 | -65.1 | -70.0 | -49.4 |
| Line 4 | Checkable deposits and currency | FA573020005 | -4.3 | -3.7 | -3.1 | -3.7 | -2.9 | -2.3 | -4.3 | -3.0 | -4.1 |
| Line 5 | Time and savings deposits | FA573030005 | -0.0 | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.6 |
| Line 6 | Debt securities | FA574022005 | 91.6 | 77.8 | 96.4 | 83.9 | 81.8 | 102.3 | 115.7 | 85.7 | 60.3 |
| Line 7 | Open market paper | FA573069105 | -0.0 | -1.6 | -1.7 | -1.7 | -1.7 | -1.8 | -1.6 | -1.8 | -1.5 |
| Line 8 | Treasury securities | FA573061105 | 47.4 | 45.4 | 59.0 | 49.3 | 50.3 | 64.3 | 68.1 | 53.2 | 33.5 |
| Line 9 | Agency- and GSE-backed securities | FA573061705 | 22.8 | 13.3 | 12.3 | 13.5 | 12.0 | 11.5 | 13.4 | 12.5 | 13.3 |
| Line 10 | Corporate and foreign bonds | FA573063005 | 21.4 | 20.7 | 26.8 | 22.8 | 21.2 | 28.3 | 35.8 | 21.7 | 15.1 |
| Line 11 | Loans | FA574035005 | 6.6 | 2.0 | 2.2 | 2.1 | 2.4 | 2.8 | 1.2 | 2.6 | 1.6 |
| Line 12 | Security repurchase agreements | FA572051005 | -0.1 | -1.1 | -1.1 | -1.1 | -1.1 | -1.2 | -1.1 | -1.2 | -1.0 |
| Line 13 | Mortgages | FA573065005 | 6.7 | 3.1 | 3.4 | 3.2 | 3.5 | 4.0 | 2.3 | 3.8 | 2.6 |
| Line 14 | Corporate equities | FA573064105 | -232.2 | -54.9 | 246.9 | -41.4 | -35.5 | 57.0 | 975.0 | -9.0 | 35.3 |
| Line 15 | Money market fund shares | FA573034005 | 2.7 | 7.2 | 19.8 | 9.5 | 15.7 | 24.6 | 25.5 | 13.4 | -0.6 |
| Line 16 | Mutual fund shares | FA573064205 | 61.0 | -151.1 | -530.7 | -185.1 | -208.4 | -317.1 | -1276.6 | -320.8 | -193.8 |
| Line 17 | Miscellaneous assets | FA573090005 | 268.1 | 99.1 | 109.0 | 100.5 | 85.0 | 90.0 | 99.1 | 161.8 | 52.4 |
| Line 18 | Unallocated insurance contracts(3) | FA573095005 | -28.1 | -10.4 | -8.3 | -10.1 | -7.3 | -4.0 | -15.0 | -6.8 | -12.3 |
| Line 19 | Contributions receivable | FA573074005 | 4.1 | 3.9 | 3.4 | 3.8 | 2.8 | 2.1 | 6.1 | 2.8 | 4.3 |
| Line 20 | Claims of pension fund on sponsor(4) | FA573073005 | 221.4 | 146.6 | 149.5 | 148.7 | 142.4 | 152.2 | 146.6 | 156.8 | 126.6 |
| Line 21 | Other | FA573093005 | 70.7 | -41.0 | -35.7 | -41.8 | -53.0 | -60.2 | -38.6 | 9.0 | -66.2 |
| Line 22 | Net increase in pension entitlements (liabilities) | FA574190005 | 149.2 | -22.6 | -58.6 | -33.2 | -61.0 | -41.8 | -63.4 | -68.4 | -47.7 |
| Memo: Net acquisition of financial assets | |||||||||||
| Line 23 | Defined benefit plans(5) | FA574090045 | -12.1 | -70.4 | -75.1 | -75.1 | -75.2 | -75.2 | -75.2 | -75.1 | -75.2 |
| Line 24 | Defined contribution plans(6) | FA574090055 | 205.4 | 46.1 | 14.8 | 40.2 | 12.5 | 31.7 | 10.1 | 5.1 | 25.8 |
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 S129s1.1.t.
- Additional detail on defined contribution plans is available on table S129s2.1.t.
Last Update: June 11, 2026