Data Dictionary
Item Number A441
TOTAL NON-DISCRETIONARY ASSETS, EMPLOYEE BENEFIT TRUSTSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| TRSTA441 | 1991-12-31 | 2001-12-31 | No | FFIEC 001 |
Data Description:
Includes the total dollar value (market value or book value) of non-discretionary assets held in employee benefit trusts accounts over which the institution does not exercise investment discretion, including any such accounts that are being serviced by any investment advisor.
NOTE:
Reported on the DB2 table on Schedule A for the FFIEC 001 report.
Only non-discretionary assets of fiduciary-type accounts are reported on this schedule (Schedule A). Non-fiduciary activities, such as correspondent bank securities safekeeping, non-fiduciary institutional securities safekeeping (for insurance companies, mutual funds, brokerage activities), etc., should not be reported, even if they are, organizationally, performed within the trust function.
Includes assets of self-directed IRA and 401(k) accounts (and similar types of employee benefit accounts) where the participants direct investments are considered non-discretionary accounts, and are reported in this item (for trust accounts). An account is considered non-discretionary if the participant directs the investments -- even if the trust department has discretion to select the investment choices available to the participant. Excludes assets of corporate escrow accounts.