Financial Accounts of the United States - Z.1
F.118 Private pension funds1
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving less net capital transfers paid | FA576000105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Fixed nonresidential investment | FA575013005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Net acquisition of financial assets2 | FA574090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Checkable deposits and currency | FA573020005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Time and savings deposits | FA573030005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Money market fund shares | FA573034005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Security repurchase agreements | FA572051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Debt securities | FA574022005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Open market paper | FA573069105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Treasury securities | FA573061105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Agency- and GSE-backed securities | FA573061705 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Corporate and foreign bonds | FA573063005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Loans (mortgages) | FA573065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Corporate equities | FA573064105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Mutual fund shares | FA573064205 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Miscellaneous assets | FA573090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Unallocated insurance contracts3 | FA573095005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Contributions receivable | FA573074005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Claims of pension fund on sponsor4 | FA573073005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Other | FA573093005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Net increase in pension entitlements (liabilities) | FA574190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Memo: Net acquisition of financial assets | |||||||||||
| Line 22 | Defined benefit plans5 | FA574090045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Defined contribution plans6 | FA574090055 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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 9, 2026