Financial Accounts of the United States - Z.1
L.118 Private Pension Funds (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private pension funds; total financial assets (2) | FL574090005 | 10020.1 | 9684.1 | 10880.3 | 10256.6 | 10461.9 | 10512.9 | 10880.3 | 9883.5 | 10740.7 | 1 |
| Private pension funds; checkable deposits and currency; asset | FL573020005 | 21.8 | 16.8 | 16.9 | 16.8 | 17.0 | 17.0 | 16.9 | 17.3 | 17.4 | 2 |
| Private pension funds; total time and savings deposits; asset | FL573030005 | 35.0 | 30.0 | 29.7 | 29.8 | 30.2 | 29.9 | 29.7 | 30.2 | 30.3 | 3 |
| Private pension funds; money market fund shares; asset | FL573034005 | 158.9 | 158.5 | 160.0 | 158.6 | 159.5 | 159.9 | 160.0 | 163.2 | 163.7 | 4 |
| Private pension funds; security repurchase agreements; asset | FL572051005 | 2.9 | 2.5 | 2.4 | 2.4 | 2.5 | 2.4 | 2.4 | 2.5 | 2.5 | 5 |
| Private pension funds; debt securities; asset | LM574022005 | 1391.2 | 1416.1 | 1607.8 | 1488.6 | 1500.2 | 1572.9 | 1607.8 | 1614.1 | 1684.4 | 6 |
| Private pension funds; total commercial paper; asset | FL573069105 | 42.9 | 37.6 | 37.4 | 37.4 | 37.9 | 37.6 | 37.4 | 37.9 | 38.0 | 7 |
| Private pension funds; Treasury securities; asset | LM573061105 | 350.9 | 371.9 | 420.7 | 388.3 | 391.3 | 413.9 | 420.7 | 452.5 | 449.7 | 8 |
| Private pension funds; agency- and GSE-backed securities; asset | LM573061705 | 193.6 | 205.0 | 229.1 | 213.2 | 213.1 | 223.2 | 229.1 | 234.8 | 219.9 | 9 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 803.8 | 801.5 | 920.7 | 849.7 | 857.9 | 898.2 | 920.7 | 888.8 | 976.8 | 10 |
| Private pension funds; total mortgages; asset | FL573065005 | 26.7 | 23.8 | 25.1 | 24.1 | 24.4 | 24.8 | 25.1 | 25.7 | 26.0 | 11 |
| Private pension funds, including 403(b) plans; corporate equities; asset | LM573064105 | 2713.0 | 2448.0 | 3135.8 | 2765.1 | 2911.3 | 2907.9 | 3135.8 | 2494.5 | 3047.6 | 12 |
| Private pension funds; mutual fund shares; asset | LM573064205 | 3886.7 | 3594.4 | 4239.3 | 3944.4 | 4064.5 | 4040.8 | 4239.3 | 3533.8 | 4072.6 | 13 |
| Private pension funds; total miscellaneous assets | FL573090005 | 1784.0 | 1994.2 | 1663.2 | 1826.7 | 1752.4 | 1757.3 | 1663.2 | 2002.3 | 1696.3 | 14 |
| Private pension funds; unallocated insurance contracts; asset (3) | FL573095005 | 565.0 | 555.9 | 589.7 | 574.1 | 579.9 | 582.0 | 589.7 | 558.1 | 586.9 | 15 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 119.3 | 84.7 | 83.8 | 83.2 | 88.7 | 86.1 | 83.8 | 91.2 | 93.2 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (4) | FL573073005 | 326.7 | 590.0 | 175.7 | 394.8 | 297.8 | 288.2 | 175.7 | 514.5 | 168.3 | 17 |
| Private pension funds; unidentified miscellaneous assets | FL573093005 | 773.0 | 763.6 | 813.9 | 774.6 | 786.0 | 801.0 | 813.9 | 838.5 | 847.8 | 18 |
| Private pension funds; total liabilities (5) | FL574190005 | 10056.7 | 9720.7 | 10916.8 | 10293.1 | 10498.5 | 10549.5 | 10916.8 | 9920.1 | 10777.3 | 19 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FL574190043 | 3516.0 | 3520.6 | 3534.7 | 3526.5 | 3531.6 | 3534.8 | 3534.7 | 3534.6 | 3534.5 | 20 |
| Private defined benefit pension funds; total funded assets (6) | FL572000075 | 3189.3 | 2930.6 | 3359.0 | 3131.7 | 3233.8 | 3246.6 | 3359.0 | 3020.1 | 3366.2 | 21 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 326.7 | 590.0 | 175.7 | 394.8 | 297.8 | 288.2 | 175.7 | 514.5 | 168.3 | 22 |
| Private defined benefit pension funds; total financial assets (7) | FL574090045 | 3479.4 | 3484.0 | 3498.2 | 3490.0 | 3495.1 | 3498.3 | 3498.2 | 3498.1 | 3498.0 | 23 |
| Private defined contribution pension funds; total financial assets (8) | FL574090055 | 6540.6 | 6200.1 | 7382.1 | 6766.6 | 6966.8 | 7014.7 | 7382.1 | 6385.5 | 7242.8 | 24 |
NOTES
- 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. Negative values indicate overfunding.
- Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
- Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
- Additional detail on defined benefit plans is available on tables L.118.b.
- Additional detail on defined contribution plans is available on table L.118.c.
Last Update: September 21, 2020