Financial Accounts of the United States - Z.1
F.118.c Private Pension Funds Defined Contribution Plans (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined contribution pension funds; total financial assets | FA574090055 | 27.5 | 51.4 | 84.4 | 30.2 | 26.6 | 27.4 | 23.4 | 43.5 | 44.1 | 1 |
| Private defined contribution pension funds; checkable deposits and currency; asset | FA573020033 | 5.0 | -3.5 | -1.0 | -1.4 | -1.4 | -1.5 | -1.6 | -1.3 | -1.5 | 2 |
| Private defined contribution pension funds; total time and savings deposits; asset | FA573030033 | 0.3 | -0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 3 |
| Private defined contribution pension funds, including 403(b) plans; money market fund shares; asset | FA573034055 | 6.6 | -0.2 | 1.9 | 1.8 | 1.3 | 2.5 | 1.9 | 1.5 | 4.8 | 4 |
| Private defined contribution pension funds; security repurchase agreements; asset | FA572051033 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5 |
| Private defined contribution pension funds; debt securities; asset | FA574022035 | 84.4 | 47.6 | 40.0 | 59.9 | 57.2 | 62.6 | 65.8 | 54.0 | 62.1 | 6 |
| Private defined contribution pension funds; commercial paper; asset | FA573069133 | 0.6 | -0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 7 |
| Private defined contribution pension funds; Treasury securities; asset | FA573061133 | 34.4 | 16.3 | 14.6 | 21.9 | 20.9 | 22.9 | 24.1 | 19.8 | 22.7 | 8 |
| Private defined contribution pension funds; agency- and GSE-backed securities; asset | FA573061733 | 15.5 | 3.3 | 4.5 | 6.7 | 6.4 | 7.0 | 7.3 | 6.0 | 6.9 | 9 |
| Private defined contribution pension funds; corporate and foreign bonds; asset | FA573063033 | 33.9 | 28.1 | 20.8 | 31.2 | 29.8 | 32.6 | 34.2 | 28.1 | 32.3 | 10 |
| Private defined contribution pension funds; total mortgages; asset | FA573065033 | 0.0 | -3.5 | -1.9 | -2.8 | -2.7 | -2.9 | -3.1 | -2.5 | -2.9 | 11 |
| Private defined contribution pension funds; corporate equities; asset | FA573064133 | -67.1 | 141.3 | 62.7 | 94.0 | 89.8 | 98.3 | 103.2 | 84.8 | 97.5 | 12 |
| Private defined contribution pension funds, including 403(b) plans; mutual fund shares; asset | FA573064255 | -43.1 | -50.9 | 10.3 | -79.1 | -77.8 | -87.1 | -95.9 | -55.7 | -71.2 | 13 |
| Private defined contribution pension funds; total miscellaneous assets | FA573090055 | 41.5 | -79.4 | -27.7 | -42.2 | -39.9 | -44.6 | -47.0 | -37.5 | -44.8 | 14 |
| Private defined contribution pension funds; unallocated insurance contracts; asset (2) | FA573095505 | -0.7 | 6.8 | 9.0 | 13.0 | 12.8 | 13.2 | 13.7 | 12.3 | 12.6 | 15 |
| Private defined contribution pension funds; pension fund contributions receivable; asset | FA573074033 | 3.1 | 2.9 | 2.1 | 3.1 | 3.0 | 3.3 | 3.4 | 2.8 | 3.3 | 16 |
| Private defined contribution pension funds; unidentified miscellaneous assets | FA573093055 | 39.1 | -89.1 | -38.7 | -58.4 | -55.7 | -61.1 | -64.2 | -52.6 | -60.6 | 17 |
| Private defined contribution pension funds; total financial assets | FA574090055 | 27.5 | 51.4 | 84.4 | 30.2 | 26.6 | 27.4 | 23.4 | 43.5 | 44.1 | 18 |
NOTES
- Includes 401(k) and 403(b) type plans.
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
Last Update: June 12, 2025