Year-end level estimated from DOL Employee Benefits Security Administration, Private Pension Plan Bulletin: Abstract of Form 5500 Annual Reports and DOL Form 5500 Direct Filing Entity Bulletin: Abstract of Form 5500 Annual Reports table 12, Defined Benefit, as Assets Corporate Debt Instruments: Preferred plus Assets in Corporate Debt Instruments: All Other (Excluding real estate), which is then adjusted downward to account for Assets in Pooled Separate Accounts and 103-12 Investment Entities. The level is then adjusted for plans whose fiscal years do not end on December 31 and to include plans with fewer than 100 participants. Data are available with a two-year lag. Series is converted to quarterly and estimated for quarters assuming constant transactions throughout the year. The growth rate of the Milliman 100 Pension Funding Index market value of total assets is used to estimate total assets after benchmark years. Capital gains are estimated based on the percent change in the Merrill Lynch U.S. Corporate Master par weighted price index (Bloomberg C0A0) applied to the previous quarter's level. The unadjusted transactions are the change in the level, less capital gains, less any other changes in volume. Data for the most recent ten years show no significant seasonality.
Last edited on: 02/12/2020