Financial Accounts of the United States - Z.1
F.120.c State and Local Government Employee Retirement 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined contribution retirement funds; total financial assets | FA224090055 | -20.1 | -12.7 | 6.0 | 11.7 | 14.1 | 9.4 | 8.8 | 14.3 | 4.3 | 1 |
| State and local government employee defined contribution retirement funds; money market fund shares, including variable annuity money market fund shares; asset | FA223034055 | -0.8 | -0.2 | 1.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 2 |
| State and local government employee defined contribution retirement funds; mutual fund shares, including variable annuity mutual fund shares; asset | FA223064255 | -32.1 | -24.3 | -0.0 | -1.1 | 1.8 | -4.0 | -3.3 | 1.0 | -4.7 | 3 |
| State and local government employee defined contribution retirement funds; miscellaneous assets | FA223090055 | 12.8 | 11.7 | 5.0 | 12.8 | 12.3 | 13.4 | 12.1 | 13.4 | 8.7 | 4 |
| State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FA223095505 | 14.5 | 12.8 | 4.9 | 12.8 | 12.3 | 13.4 | 12.1 | 13.3 | 8.7 | 5 |
| State and local government employee defined contribution retirement funds; unidentified miscellaneous assets | FA223093053 | -1.7 | -1.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6 |
| State and local government employee defined contribution retirement funds; total financial assets | FA224090055 | -20.1 | -12.7 | 6.0 | 11.7 | 14.1 | 9.4 | 8.8 | 14.3 | 4.3 | 7 |
NOTES
- Includes 403(b) and 457 type plans.
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts.
Last Update: June 12, 2025