Financial Accounts of the United States - Z.1
S129.1.t Private pension funds 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving less net capital transfers paid | FA576000105 | 47.3 | 1.7 | 1.9 | 1.8 | 1.8 | 1.8 | 2.0 | 1.9 | 2.0 |
| Line 2 | Fixed nonresidential investment | FA575013005 | 3.2 | 3.4 | 3.5 | 3.5 | 3.5 | 3.6 | 3.6 | 3.7 | 3.7 |
| Line 3 | Net acquisition of financial assets(2) | FA574090005 | 201.0 | -46.0 | -56.1 | -68.1 | -56.8 | -47.5 | -52.2 | -68.7 | -71.6 |
| Line 4 | Checkable deposits and currency | FA573020005 | -4.3 | 5.0 | 0.7 | 0.3 | 0.5 | 1.5 | 0.3 | 0.6 | 0.9 |
| Line 5 | Time and savings deposits | FA573030005 | -0.0 | -0.4 | 0.3 | 0.2 | 0.1 | 0.6 | 0.3 | 0.6 | 0.9 |
| Line 6 | Debt securities | FA574022005 | 91.6 | 18.8 | 70.1 | 47.6 | 60.3 | 117.2 | 55.3 | 90.7 | 134.4 |
| Line 7 | Open market paper | FA573069105 | -0.0 | -1.1 | 0.7 | 0.6 | 0.2 | 1.4 | 0.6 | 1.5 | 2.2 |
| Line 8 | Treasury securities | FA573061105 | 47.4 | 25.2 | 40.8 | 25.5 | 33.6 | 73.7 | 30.2 | 52.6 | 78.1 |
| Line 9 | Agency- and GSE-backed securities | FA573061705 | 22.8 | 8.5 | 4.9 | 1.8 | -0.9 | 15.4 | 3.1 | 20.7 | 30.7 |
| Line 10 | Corporate and foreign bonds | FA573063005 | 21.4 | -13.8 | 23.8 | 19.7 | 27.4 | 26.7 | 21.4 | 15.9 | 23.4 |
| Line 11 | Loans | FA574035005 | 6.6 | 0.1 | -3.1 | -2.7 | -0.9 | -5.9 | -2.8 | -6.2 | -1.0 |
| Line 12 | Security repurchase agreements | FA572051005 | -0.1 | -0.9 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Line 13 | Mortgages | FA573065005 | 6.7 | 1.0 | -3.2 | -2.8 | -1.0 | -6.0 | -2.9 | -6.2 | -1.0 |
| Line 14 | Corporate equities | FA573064105 | -168.6 | -315.4 | 336.1 | 92.7 | 257.6 | 885.0 | 109.1 | -90.6 | -103.0 |
| Line 15 | Money market fund shares | FA573034005 | 2.4 | 2.6 | 28.1 | 21.0 | 27.2 | 43.3 | 21.0 | 18.7 | 27.2 |
| Line 16 | Mutual fund shares | FA573064205 | 67.3 | 4.1 | -430.6 | -114.5 | -225.7 | -1173.2 | -208.8 | -191.7 | -209.1 |
| Line 17 | Hedge fund shares | FA573064743 | -60.1 | -49.4 | -27.2 | -13.1 | -47.4 | -19.9 | -28.4 | -8.9 | 16.0 |
| Line 18 | Private debt fund shares | FA573064540 | 13.1 | -0.6 | 9.0 | 12.5 | -2.0 | -6.9 | 32.2 | -14.4 | 0.5 |
| Line 19 | Miscellaneous assets | FA573090005 | 252.9 | 289.3 | -39.5 | -112.2 | -126.5 | 110.9 | -30.3 | 132.5 | 61.6 |
| Line 20 | Unallocated insurance contracts(3) | FA573095005 | -25.5 | -9.0 | 1.6 | 2.8 | 5.1 | -3.9 | 2.3 | -7.7 | -11.2 |
| Line 21 | Contributions receivable | FA573074005 | 4.1 | 2.1 | 3.2 | 1.9 | 0.2 | 8.1 | 2.3 | 8.9 | 13.1 |
| Line 22 | Claims of pension fund on sponsor(4) | FA573073005 | 204.7 | 75.9 | 72.4 | 612.2 | -106.4 | -91.8 | -124.4 | -84.3 | -86.0 |
| Line 23 | Other | FA573093005 | 69.6 | 220.3 | -116.7 | -729.2 | -25.4 | 198.4 | 89.4 | 215.7 | 145.7 |
| Line 24 | Net increase in pension entitlements (liabilities) | FA574190005 | 156.8 | -44.3 | -54.5 | -66.4 | -55.1 | -45.7 | -50.6 | -67.0 | -69.9 |
| Memo: Net acquisition of financial assets | |||||||||||
| Line 25 | Defined benefit plans(5) | FA574090045 | -12.1 | -70.4 | -75.2 | -75.2 | -75.2 | -75.2 | -75.1 | -75.2 | -75.2 |
| Line 26 | Defined contribution plans(6) | FA574090055 | 213.0 | 24.5 | 19.0 | 7.1 | 18.4 | 27.7 | 22.9 | 6.5 | 3.6 |
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: September 11, 2026