L.118 Private Pension Funds (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2016 2017 2018 2019 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 Line
Private pension funds; total financial assets (2) FL574090005 9073.4 9988.0 9722.7 10919.2 10283.1 10490.3 10543.8 10919.2 9940.5 1
Private pension funds; checkable deposits and currency; asset FL573020005 17.1 21.8 24.1 26.1 24.4 24.9 25.7 26.1 30.4 2
Private pension funds; total time and savings deposits; asset FL573030005 31.4 35.0 36.1 37.1 36.5 36.7 36.9 37.1 39.1 3
Private pension funds; money market fund shares; asset FL573034005 158.3 158.9 162.1 164.7 162.7 163.2 164.2 164.7 173.4 4
Private pension funds; security repurchase agreements; asset FL572051005 2.6 2.9 3.0 3.1 3.1 3.1 3.1 3.1 3.2 5
Private pension funds; debt securities; asset LM574022005 1231.6 1391.2 1511.0 1745.7 1594.2 1669.3 1732.9 1745.7 1837.3 6
Private pension funds; total commercial paper; asset FL573069105 39.1 42.9 44.3 45.6 44.8 45.0 45.3 45.6 41.9 7
Private pension funds; Treasury securities; asset LM573061105 304.1 350.9 406.0 468.1 425.9 448.4 470.1 468.1 537.7 8
Private pension funds; agency- and GSE-backed securities; asset LM573061705 168.1 193.6 225.3 259.1 237.8 247.4 256.1 259.1 297.2 9
Private pension funds; corporate and foreign bonds; asset LM573063005 720.3 803.8 835.4 972.9 885.8 928.5 961.4 972.9 960.6 10
Private pension funds; total mortgages; asset FL573065005 22.2 26.7 29.2 31.4 29.7 30.1 30.9 31.4 33.4 11
Private pension funds, including 403(b) plans; corporate equities; asset LM573064105 2329.9 2713.0 2364.2 2939.0 2647.5 2719.8 2719.8 2939.0 2279.1 12
Private pension funds; mutual fund shares; asset LM573064205 3352.8 3886.7 3614.3 4306.0 3976.6 4094.9 4079.6 4306.0 3557.0 13
Private pension funds; total miscellaneous assets FL573090005 1927.5 1751.9 1978.6 1666.1 1808.4 1748.2 1750.8 1666.1 1987.6 14
Private pension funds; unallocated insurance contracts; asset (3) FL573095005 546.5 565.0 546.3 585.2 564.5 572.6 576.7 585.2 551.5 15
Private pension funds; pension fund contributions receivable; asset FL573074005 100.1 119.3 131.5 142.1 135.0 137.1 140.0 142.1 150.1 16
Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) FL573073005 582.3 294.6 465.3 48.7 262.5 181.0 156.4 48.7 401.3 17
Private pension funds; unidentified miscellaneous assets FL573093005 698.6 773.0 835.6 890.0 846.4 857.6 877.7 890.0 884.6 18
Private pension funds; total liabilities (5) FL574190005 9110.0 10024.6 9759.3 10955.7 10319.7 10526.8 10580.4 10955.7 9977.1 19
Private defined benefit pension funds; pension entitlements (total liabilities) FL574190043 3469.5 3484.0 3490.9 3510.6 3495.8 3500.8 3505.7 3510.6 3515.6 20
Private defined benefit pension funds; total funded assets (6) FL572000075 2887.2 3189.3 3025.6 3461.9 3233.4 3319.7 3349.3 3461.9 3114.2 21
Private defined benefit pension funds; claims of pension fund on sponsor; asset FL573073005 582.3 294.6 465.3 48.7 262.5 181.0 156.4 48.7 401.3 22
Private defined benefit pension funds; total financial assets (7) FL574090045 3432.9 3447.4 3454.3 3474.1 3459.3 3464.2 3469.2 3474.1 3479.0 23
Private defined contribution pension funds; total financial assets (8) FL574090055 5640.6 6540.6 6268.4 7445.1 6823.9 7026.0 7074.7 7445.1 6461.5 24

NOTES

  1. Private defined benefit plans and defined contribution plans (including 401(k) type plans).
  2. Includes claims on sponsor (i.e., unfunded pension entitlements).
  3. Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
  4. Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
  5. Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
  6. Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
  7. Additional detail on defined benefit plans is available on tables L.118.b.
  8. Additional detail on defined contribution plans is available on table L.118.c.
Last Update: June 11, 2020