Data Dictionary
Item Number A444
TOTAL NON-DISCRETIONARY ASSETS, EMPLOYEE BENEFIT AGENCIESCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| TRSTA444 | 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 agencies accounts over which the institution does not exercise investment discretion, including any such accounts that are being serviced by any investment advisor.
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 agency and custody 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.
NOTE:
Reported on the DB2 table on Schedule A for the FFIEC 001 report.