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 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined contribution pension funds; total financial assets | FA574090055 | 51.2 | 206.2 | 47.6 | 47.0 | 55.9 | 41.4 | 45.9 | 32.8 | 42.3 | 1 |
| Private defined contribution pension funds; checkable deposits and currency; asset | FA573020033 | -3.5 | -1.8 | -2.2 | -2.1 | -2.1 | -2.2 | -2.5 | -2.6 | -2.0 | 2 |
| Private defined contribution pension funds; total time and savings deposits; asset | FA573030033 | -0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 3 |
| Private defined contribution pension funds, including 403(b) plans; money market fund shares; asset | FA573034055 | -0.2 | 3.0 | 1.7 | 1.2 | 2.2 | 1.6 | 1.7 | 4.8 | 2.7 | 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 | 47.6 | 32.9 | 36.8 | 35.3 | 34.3 | 36.9 | 40.8 | 42.5 | 33.1 | 6 |
| Private defined contribution pension funds; commercial paper; asset | FA573069133 | -0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 7 |
| Private defined contribution pension funds; Treasury securities; asset | FA573061133 | 16.3 | 10.6 | 12.1 | 11.6 | 11.3 | 12.1 | 13.4 | 14.0 | 10.9 | 8 |
| Private defined contribution pension funds; agency- and GSE-backed securities; asset | FA573061733 | 3.3 | 5.2 | 4.7 | 4.5 | 4.4 | 4.7 | 5.2 | 5.4 | 4.2 | 9 |
| Private defined contribution pension funds; corporate and foreign bonds; asset | FA573063033 | 28.1 | 17.0 | 19.9 | 19.1 | 18.5 | 19.9 | 22.0 | 23.0 | 17.9 | 10 |
| Private defined contribution pension funds; total mortgages; asset | FA573065033 | -3.5 | -0.6 | -1.4 | -1.3 | -1.3 | -1.4 | -1.5 | -1.6 | -1.2 | 11 |
| Private defined contribution pension funds; corporate equities; asset | FA573064133 | 141.3 | -22.4 | 38.6 | 37.8 | 37.3 | 38.7 | 40.6 | 41.5 | 36.8 | 12 |
| Private defined contribution pension funds, including 403(b) plans; mutual fund shares; asset | FA573064255 | -51.0 | 114.0 | -5.6 | -1.8 | 8.9 | -11.9 | -17.7 | -38.3 | -2.6 | 13 |
| Private defined contribution pension funds; total miscellaneous assets | FA573090055 | -79.5 | 81.1 | -20.4 | -22.1 | -23.6 | -20.3 | -15.5 | -13.6 | -24.5 | 14 |
| Private defined contribution pension funds; unallocated insurance contracts; asset (2) | FA573095505 | 6.6 | -22.2 | -6.0 | -5.4 | -5.4 | -6.1 | -7.0 | -7.7 | -4.6 | 15 |
| Private defined contribution pension funds; pension fund contributions receivable; asset | FA573074033 | 2.9 | 3.9 | 3.7 | 3.5 | 3.4 | 3.7 | 4.0 | 4.2 | 3.3 | 16 |
| Private defined contribution pension funds; unidentified miscellaneous assets | FA573093055 | -89.0 | 99.4 | -18.1 | -20.2 | -21.6 | -17.9 | -12.6 | -10.2 | -23.2 | 17 |
| Private defined contribution pension funds; total financial assets | FA574090055 | 51.2 | 206.2 | 47.6 | 47.0 | 55.9 | 41.4 | 45.9 | 32.8 | 42.3 | 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: September 11, 2025