Private Pension Plan Bulletin
Abstract of 1994 Form 5500 Annual Reports
U.S. Department of Labor
Pension and Welfare Benefits Administration
Office of Policy and Research
Number 7, Spring 1998
Introduction
This is the seventh edition of the Private Pension Plan Bulletin. The tabulations presented in this report contain final numbers based on 1994 Form 5500 filings. Reports for 1994 plan years were filed by plans for fiscal years ending anywhere from December 31, 1994 to December 30, 1995. The processing period for 1994 filings ran from August 1995 through July 1997.
Form 5500 reports are filed annually with the Internal Revenue Service (IRS). Plans covering 100 or more participants must file a Form 5500 every year containing extensive financial, participant, and actuarial data. Plans covering fewer than 100 participants are required to file a less detailed report (known as a Form 5500 C/R).
The universe for this Bulletin consists of all private pension plans for which a Form 5500 or Form 5500 C/R has been filed with the IRS in accordance with Title I of the Employee Retirement Income Security Act of 1974 (ERISA). Such plans may be defined benefit or defined contribution plans. They generally cover private wage and salary employees and are sponsored either by employers or jointly by employers and unions.
The IRS processes the reports and provides computerized edited files to the Department of Labor's Pension and Welfare Benefits Administration. To produce this Bulletin, the file of plans covering 100 or more participants is combined with a 5 percent sample of small plan filers. This combined file is subjected to additional editing and weighted to represent the universe of private pension plans covering two or more participants.
The major change from the last Bulletin is the addition of two new Tables and two new charts to Section E presenting estimates of aggregate rates of return earned by private pension plans over the 1985-94 period. The organization of this Bulletin is otherwise similar to previous ones. Key findings from the 1994 filings are summarized in the Highlights on pages 2 through 4. The tabulations are organized into five sections. Section A contains summary data on plans, participants, assets, income and expenses. Section B contains more detailed data on plans and participants, showing distributions by different size measures. Section C contains balance sheets and income statements for the major types of private pension plans. Section D contains detailed data on defined contribution plans. Section E contains historical data from 1975 to 1994.
This publication was prepared by Richard Hinz, Helen Lawrence, David McCarthy, Deloris Penic-Stevens and Daniel Beller of the Office of Policy and Research. The editors wish to acknowledge Steve Donahue and Phyllis Fernandez for valuable technical support. Although this Bulletin Is not copyrighted, proper acknowledgment would be appreciated. The recommended citation is:
United States Department of Labor, Pension and Welfare Benefits Administration. Abstract of 1994 Form 5500 Annual Reports. Private Pension Plan Bulletin No. 7, Spring 1998. Washington, DC: United States Government Printing Office, 1998.
Contents
- Section A: Summary
- Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions,and Benefits by type of plan, 1994
- Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1994
- Table A3: Balance Sheet of Pension Plans by type of plan, 1994
- Table A4: Income Statement of Pension Plans by type of plan, 1994
- Table A5: Assets of Pension Plans by type of plan and method of funding,1994
- Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1994
- Figure A1: Distribution of Pension Plans and Participants by type of plan, 1994
- Figure A2: Active Participants in Pension Plans by type of plan, 1994
- Figure A3: Distribution of Assets by method of funding, 1994
- Section B: Plans and Participants
- Table B1: Distribution of Pension Plans by participant size, 1994
- Table B2: Distribution of Pension Plans by amount of assets, 1994
- Table B3: Distribution of Pension Plans by industry, 1994
- Table B4: Distribution of Participants by participant size, 1994
- Table B5: Distribution of Participants by amount of assets, 1994
- Table B6: Distribution of Participants by industry, 1994
- Table B7: Distribution of Active Participants by type of plan, 1994
- Table B8: Number of Plans by type of plan and method of funding, 1994
- Table B9: Number of Participants by type of plan and method of funding, 1994
- Section C: Financial
- Table C1: Distribution of Assets by participant size, 1994
- Table C2: Distribution of Assets by asset size, 1994
- Table C3: Distribution of Assets by industry, 1994
- Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1994
- Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan, 1994
- Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1994
- Table C7: Percent Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1994
- Table C8: Percent Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1994
- Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1994
- Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1994
- Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1994
- Table C12: Percent Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1994
- Table C13: Percent Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1994
- Figure C: Percent of Total Assets by Type of Plan 1994
- Section D: Defined Contribution Plans
- Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1994
- Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1994
- Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1994
- Table D4: Number of 401(k) Type Plans by participant size and primary or supplemental status, 1994
- Table D5: Number of Active Participants in 401(k) Type Plans by participant size and primary or supplemental status, 1994
- Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1994
- Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1994
- Table D8: Percent Distribution of Assets in 401(k) Type Plans with 100 or More Participants by type of asset, 1985-1993
- Table D9: Number of Employee Stock Ownership Plans (ESOPs), Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1994
- Table D10: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1994
- Table D11: Balance Sheet of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1994
- Table D12: Income Statement of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1994
- Table D13: Number of Employee Stock Ownership Plans (ESOPs) by participant size and primary or supplemental status, 1994
- Figure D: Number of 401(k) Plans 1984-1994
- Section E: Historical Tables
- Table E1: Number of Pension Plans by type of plan, 1975-1994
- Table E2: Number of Pension Plans with Fewer than 100 Participants by type of plan, 1975-1994
- Table E3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-1994
- Table E4: Estimated Private Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans 1975-1994
- Table E5: Number of Participants in Pension Plans by type of plan, 1975-1994
- Table E6: Number of Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-1994
- Table E7: Number of Participants in Pension Plans with 100 or More Participants by type of plan, 1975-1994
- Table E8: Number of Active Participants in Pension Plans by type of plan, 1975-1994
- Table E9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-1994
- Table E10: Number of Active Participants in Pension Plans with 100 or More Participants by type of plan, 1975-1994
- Table E11: Pension Plan Assets by type of plan, 1975-1994
- Table E12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-1994
- Table E13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-1994
- Table E14: Pension Plan Contributions by type of plan, 1975-1994
- Table E15: Pension Plan Contributions to Plans with Fewer than 100 Participants by type of plan, 1975-1994
- Table E16: Pension Plan Contributions to Plans with 100 or More Participants by type of plan, 1975-1994
- Table E17: Pension Plan Benefits Disbursed by type of plan, 1975-1994
- Table E18: Pension Plan Benefits Disbursed From Plans with Fewer than 100 Participants by type of plan, 1975-1994
- Table E19: Pension Plan Benefits Disbursed From Plans with 100 or more Participants by type of plan, 1975-1994
- Table E20: Percent Distribution of Active Participants in Plans with 100 or More Participants by vesting status, 1975-1994
- Table E21: Percent Distribution of Active Participants in Single Employer Plans with 100 or More Participants by vesting status, 1975-1994
- Table E22: Percent Distribution of Active Participants in Multiemployer Plans with 100 or More Participants by vesting status, 1975-1994
- Table E23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments 1984-1994
- Table E24: Aggregate Rates of Return Earned by Pension Plans with 100 or More Participants 1985-1994
- Table E25: Aggregate Investment Performance of Pension Plans with 100 or More Participants 1985-1994
- Figure E1: Number of Pension Plans 1975-1994
- Figure E2: Pension Plan Active Participants 1975-1994
- Figure E3: Pension Coverage of Wage and Salary Workers 1975-1994
- Figure E4: Pension Plan Assets 1975-1994
- Figure E5: Pension Contributions and Benefits Disbursed 1975-1994
- Figure E6: Rates of Return by type of plan, 1985-1994
- Figure E7: Rates of Return for Single and Multiemployer Plans 1985-1994
Highlights
Assets held by private pension plans in 1994 Totaled $2.299 trillion, a slight decrease from the $2.316 trillion reported in 1993. While defined contribution (DC) plan assets increased by 1.8% in 1994 to $1.088 trillion, this increase was more than offset by a 3.0% decline in defined benefit (DB) plan assets to $1.211 trillion. This was only the second time since annual reporting under ERISA commenced in 1975 that total plan assets declined.
The 1.8% increase in DC plan assets was lead by a 9% increase in assets held by 401(k) type plans, from $616 billion in 1993 to $675 billion in 1994. Assets held in non-401(k) DC plans were down by 9% from $452 billion in 1993 to $413 billion in 1994.
In addition to the increase in 401(k) plan assets, the number of 401(k) type plans and plan participants also expanded at a robust pace. The number of 401(k) type plans increased by 13% to 175,000, with the number of active participants increasing by 9% to 25.2 million. The increase in 401(k) type plans resulted not only from the establishment of new plans, but also from the amendment of existing defined contribution plans to include a cash or deferred arrangement.
Other findings from the Form 5500 series reports filed for 1994 plan years are summarized below:
- The count of private pension plans filing Form 5500 reports in 1994 was about 690,350, a 2% decrease from 1993. It is unclear whether this slight drop in the count of processed Form 5500 filings from 1993 to 1994 represents an actual decrease in the number of pension plans. During the processing period for 1994 forms, delays were incurred both as a result of the government shutdown during part of the last quarter of calendar year 1995 and from tight budgetary restraints imposed on the processing effort. These combined delays appear to have resulted in somewhat less than a full years worth of 1994 forms being processed.
- The number of DB plans decreased by 11% to 74,400, while the number of DC plans decreased by less than .5% to 615,900. The number of DB plans has decreased each year since 1986 and the 1994 count is only 43% of the peak total of 175,000 plans in 1983.
- Total active participants in private pension plans increased slightly from 64.7 million in 1993 to 65.0 million in 1994. The long term patterns of decreases in DB plan active participants and increases in DC plan active participants continued in 1994, with DB plan active participants decreasing by 2% to 24.6 million and DC plan active participants increasing by 2% to 40.4 million.
- While the number of DB plan active participants has been steadily decreasing each year, the number of DB plan retirees has been increasing. In 1994, 8.4 million retired or separated participants were drawing benefits from DB plans. In DB plans over the last five years, retired participants increased from 22% to 26% of active participants, reflecting the aging of the workforce in many of the large unionized manufacturing firms where DB plans predominate.
- The total active participant count of 25.2 million in 401(k) type plans raised the percentage of all DC active participants in 401(k) plans to 62%. Among plans with 100 or more participants, about 40% of the net increase in active participants in 1994 was due to the adoption of a 401(k) feature by DC plans which were not 401(k) plans in 1994. An additional 35% of the increase in 401(k) plan participants from 1993 to 1994 was due to the establishment of new plans, and the remaining 25% was due to an increase in participants covered by 401(k) plans existing in 1993.
- The decrease in pension plan assets in 1994 resulted from a negative cash flow (contributions minus benefit payouts and administrative expenses) which more than offset the positive investment earnings on plan assets. The net cash flow in 1994 was -$27.0 billion. The net cash flow was -$48.6 billion for DB plans and $21.6 billion for DC plans.
- Benefit payments from plans increased by 5% in 1994 to $163.9 billion. Benefits paid out by DB plans increased by 4% to $82.6 billion and benefit payments from DC plans increased 5% to $81.3 billion. The increase in benefit payouts from DB plans results primarily from the increase in the number of retirees receiving benefits. For DC plans, the growing coverage rate has led both to an increase in the number of retirees receiving benefits and an increase in the number of workers changing jobs and withdrawing their vested account balances.
- Total plan contributions decreased 6% from $153.6 billion in 1993 to $144.4 billion in 1994.
- Contributions to defined benefit plans, after a continuous increase from 1990 to 1993, decreased by 25% from $52.1 billion in 1993 to $39.0 billion in 1994. Even with the substantial decrease from 1993, the 1994 contribution Total was the second highest since 1985. The 1993 spike in contributions resulted primarily from an unusually high contribution of $15.3 billion to the General Motors Hourly Plan.
- Defined contribution plans received $105.3 billion in contributions during 1994, a 4% increase over 1993. The percentage of total DC contributions made by plan participants has been steadily increasing over the last decade and in 1994 was about equal to employer contributions to DC plans.
- About 91% of all employee contributions to DC plans in 1994 were paid into 401(k) type plans compared to 53% of all employer cash contributions to DC plans.
- Among plans with 100 or more participants, the aggregate rate of return in 1994 was 2.9%. This was the lowest rate of return over the 10 year period for which rates of return have been calculated from Form 5500 reports, and was well below the average annual rate of return of 10.3% for the 1985-94 period.
- Defined contribution plans achieved an aggregate rate of return in 1994 of 3.8% compared to 2.2% for DB plans. Among DC plans the aggregate rates of return were similar in 1994 for both single employer and multiemployer plans. Among DB plans, multiemployer plans had an aggregate rate of return of 4.5% compared to 1.8% for single employer plans.
Section A: Summary
Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1994
|
Type of Plan |
Number of Plans(1) |
Total Participants |
Active Participants |
Total Assets |
Total Contributions |
Total Benefits |
|---|---|---|---|---|---|---|
|
Total |
690,344 |
85,117 |
64,972 |
$2,298,556 |
$144,353 |
$163,934 |
|
Defined benefit |
74,422 |
40,338 |
24,615 |
1,210,856 |
39,031 |
82,625 |
|
Defined contribution |
615,922 |
44,778 |
40,357 |
1,087,700 |
105,322 |
81,309 |
|
Profit sharing and |
464,914 |
32,663 |
29,643 |
829,402 |
82,672 |
62,581 |
|
Stock bonus |
2,275 |
3,366 |
2,977 |
65,576 |
5,500 |
4,833 |
|
Target benefit |
7,807 |
182 |
173 |
4,560 |
378 |
407 |
|
Money purchase |
118,373 |
4,523 |
4,018 |
98,710 |
8,162 |
7,093 |
|
Annuity- |
10,726 |
170 |
150 |
834 |
142 |
74 |
|
Custodial account- |
639 |
8 |
8 |
120 |
23 |
10 |
|
IRAs or annuities |
5,533 |
102 |
99 |
1,061 |
72 |
66 |
|
Other defined contribution |
5,655 |
3,764 |
3,289 |
87,437 |
8,372 |
6,245 |
Footnotes
- Excludes plans covering only one participant.
- Includes active, retired, and separated vested participants not yet in pay status. The number of participants also includes double counting of workers in more than one plan.
- Active participants include any workers currently in employment covered by a plan and who are earning or retaining credited service under a plan. Active participants also include nonvested former employees who have not yet incurred a break in service.
- Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
- Includes both employer and employee contributions.
- Amounts exclude benefits made directly by insurance carriers. Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1994 (numbers in thousands)
|
Type of Participant |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total Participants |
85,117 |
40,338 |
44,778 |
74,940 |
32,197 |
42,743 |
10,177 |
8,142 |
2,035 |
|
Active Participants |
64,972 |
24,615 |
40,357 |
58,889 |
20,215 |
38,674 |
6,083 |
4,400 |
1,682 |
|
Fully vested |
45,501 |
16,564 |
28,937 |
41,729 |
14,280 |
27,449 |
3,772 |
2,284 |
1,488 |
|
Partially vested |
6,022 |
423 |
5,599 |
5,853 |
301 |
5,552 |
169 |
122 |
47 |
|
Nonvested |
13,448 |
7,628 |
5,820 |
11,307 |
5,634 |
5,673 |
2,141 |
1,994 |
147 |
|
Retired or separated participants receiving benefits |
9,031 |
8,441 |
589 |
6,831 |
6,309 |
522 |
2,201 |
2,133 |
68 |
|
Separated participants with vested right to benefits |
11,114 |
7,282 |
3,832 |
9,220 |
5,673 |
3,547 |
1,894 |
1,609 |
285 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table A3: Balance Sheet of Pension Plans by type of plan, 1994 (amounts in millions)
|
Type of Asset |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Cash |
$87,156 |
$27,679 |
$59,477 |
|
Receivables |
47,111 |
20,577 |
26,534 |
|
Corporate debt and equity instruments |
605,764 |
260,995 |
344,769 |
|
U.S. Government securities |
157,487 |
105,054 |
52,434 |
|
Real estate and mortgages (other than to participants) |
18,490 |
11,001 |
7,490 |
|
Mortgage loans to participants |
961 |
112 |
849 |
|
Other loans to participants |
17,875 |
430 |
17,445 |
|
Other investments and assets |
1,363,191 |
784,738 |
578,452 |
|
Buildings and other property used in plan operations |
520 |
270 |
250 |
|
Total Assets |
2,298,556 |
1,210,856 |
1,087,700 |
|
Payables |
13,849 |
6,525 |
7,325 |
|
Acquisition indebtedness |
17,595 |
479 |
17,116 |
|
Other liabilities |
25,727 |
9,140 |
16,587 |
|
Total Liabilities |
57,172 |
16,143 |
41,028 |
|
Net Assets |
2,241,384 |
1,194,713 |
1,046,672 |
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table A4: Income Statement of Pension Plans by type of plan, 1994 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$87,476 |
$37,164 |
$50,312 |
|
Participants |
51,597 |
640 |
50,957 |
|
Others |
4,702 |
1,114 |
3,587 |
|
Noncash contributions |
581 |
113 |
468 |
|
Total contributions |
144,353 |
39,031 |
105,322 |
|
Investment earnings(1) |
43,933 |
21,515 |
22,417 |
|
Net gain (loss) on sale of assets |
2,437 |
(1,716) |
4,153 |
|
Other or unspecified income(2) |
26,918 |
9,570 |
17,348 |
|
Total Income |
217,641 |
68,401 |
149,240 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
156,871 |
78,950 |
77,921 |
|
Other benefits |
7,063 |
3,674 |
3,388 |
|
Total payments |
163,934 |
82,625 |
81,309 |
|
Total administrative expenses |
7,397 |
5,021 |
2,377 |
|
Other or unspecified expenses |
4,928 |
468 |
4,460 |
|
Total Expenses |
176,260 |
88,113 |
88,146 |
|
Net Income |
41,381 |
(19,713) |
61,093 |
Footnotes
- Includes interest earnings, dividends, and rents.
- Includes net gain (loss) from pooled funds, unrealized appreciation (depreciation) of assets, and miscellaneous other income items.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table A5: Assets of Pension Plans by type of plan and method of funding, 1994 (amounts in millions)
|
Method of Funding |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Funding arrangement for investment of assets |
|||||||||
|
Total |
$2,298,556 |
$1,210,856 |
$1,087,700 |
$2,070,804 |
$1,010,275 |
$1,060,529 |
$227,752 |
$200,581 |
$27,171 |
|
Trust |
1,379,560 |
737,778 |
641,782 |
1,255,230 |
629,603 |
625,627 |
124,330 |
108,175 |
16,155 |
|
Insurance |
7,503 |
5,266 |
2,237 |
7,318 |
5,171 |
2,146 |
185 |
94 |
91 |
|
Trust and insurance |
911,362 |
467,800 |
443,562 |
808,125 |
375,488 |
432,637 |
103,237 |
92,312 |
10,925 |
|
Other |
131 |
11 |
120 |
131 |
11 |
120 |
0 |
0 |
0 |
|
Funding arrangement for payment of benefits |
|||||||||
|
Total |
$2,298,556 |
$1,210,856 |
$1,087,700 |
$2,070,804 |
$1,010,275 |
$1,060,529 |
$227,752 |
$200,581 |
$27,171 |
|
Trust |
1,405,938 |
697,272 |
708,666 |
1,306,569 |
611,205 |
695,365 |
99,369 |
86,067 |
13,302 |
|
Insurance |
55,957 |
33,580 |
22,377 |
54,036 |
32,186 |
21,850 |
1,921 |
1,395 |
526 |
|
Trust and insurance |
829,364 |
478,738 |
350,626 |
702,959 |
365,620 |
337,339 |
126,405 |
113,117 |
13,287 |
|
Other |
7,297 |
1,266 |
6,031 |
7,239 |
1,264 |
5,976 |
57 |
2 |
55 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1994
|
Collective Bargaining Status |
Total |
Total |
Total |
Defined Benefit |
Defined Benefit |
Defined Benefit |
Defined Contribution |
Defined Contribution |
Defined Contribution |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
690,344 |
85,117 |
$2,298,556 |
74,422 |
40,338 |
$1,210,856 |
615,922 |
44,778 |
$1,087,700 |
|
Collectively bargained plans |
16,710 |
27,140 |
786,256 |
9,098 |
18,886 |
616,720 |
7,613 |
8,253 |
169,536 |
|
Noncollectively bargained plans |
673,634 |
57,977 |
1,512,300 |
65,324 |
21,452 |
594,135 |
608,310 |
36,525 |
918,165 |
Footnotes
- Asset amounts shown exclude funds held by life insurance companies under allocated insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Note: Some collectively bargained plans cover nonbargaining unit employees under a separate non-negotiated benefit structure.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Figure A1. Distribution of Pension Plans and Participants by type of plan, 1994
Reference: Table A1.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Figure A2. Active Participants in Pension Plans by type of plan, 1994
Reference: Table A2.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Figure A3. Distribution of Assets by method of funding, 1994
Reference: Table A5.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Section B: Plans and Participants
Table B1: Distribution of Pension Plans by participant size, 1994
|
Participant Size |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1)Total |
Single Employer Plans(1)Defined Benefit |
Single Employer Plans(1)Defined Contribution |
Multiemployer Plans(2)Total |
Multiemployer Plans(2)Defined Benefit |
Multiemployer Plans(2)Defined Contribution |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
690,344 |
74,422 |
615,922 |
687,158 |
72,555 |
614,603 |
3,186 |
1,867 |
1,319 |
|
None or not reported |
48,638 |
6,069 |
42,569 |
48,561 |
6,030 |
42,531 |
77 |
39 |
39 |
|
2-9 |
328,814 |
27,278 |
301,536 |
328,790 |
27,255 |
301,535 |
24 |
23 |
1 |
|
10-24 |
134,835 |
10,562 |
124,273 |
134,809 |
10,562 |
124,248 |
26 |
- |
26 |
|
25-49 |
71,274 |
6,272 |
65,002 |
71,246 |
6,249 |
64,996 |
28 |
22 |
6 |
|
50-99 |
45,145 |
6,141 |
39,004 |
44,901 |
6,038 |
38,863 |
244 |
104 |
140 |
|
100-249 |
30,768 |
6,420 |
24,348 |
30,308 |
6,192 |
24,115 |
460 |
227 |
233 |
|
250-499 |
12,861 |
3,850 |
9,011 |
12,352 |
3,571 |
8,780 |
509 |
278 |
231 |
|
500-999 |
7,562 |
2,829 |
4,733 |
6,956 |
2,472 |
4,484 |
606 |
357 |
249 |
|
1,000-2,499 |
5,903 |
2,666 |
3,237 |
5,289 |
2,291 |
2,998 |
614 |
375 |
239 |
|
2,500-4,999 |
2,162 |
1,043 |
1,119 |
1,885 |
856 |
1,029 |
277 |
188 |
90 |
|
5,000-9,999 |
1,241 |
644 |
597 |
1,087 |
526 |
560 |
154 |
117 |
37 |
|
10,000-19,999 |
635 |
347 |
288 |
551 |
281 |
270 |
84 |
66 |
18 |
|
20,000-49,999 |
369 |
208 |
161 |
317 |
164 |
153 |
52 |
44 |
8 |
|
50,000 or more |
137 |
94 |
43 |
107 |
68 |
39 |
30 |
26 |
4 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: Excludes plans covering only one participant.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B2: Distribution of Pension Plans by amount of assets, 1994
|
Amount of Assets |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
690,344 |
74,422 |
615,922 |
687,158 |
72,555 |
614,603 |
3,186 |
1,867 |
1,319 |
|
None or not reported |
116,679 |
22,812 |
93,867 |
116,562 |
22,736 |
93,827 |
116 |
76 |
41 |
|
$1-24K |
39,535 |
889 |
38,646 |
39,488 |
882 |
38,606 |
46 |
6 |
40 |
|
25-49K |
37,615 |
933 |
36,682 |
37,600 |
933 |
36,667 |
15 |
- |
15 |
|
50-99K |
58,881 |
2,371 |
56,510 |
58,859 |
2,367 |
56,492 |
22 |
4 |
18 |
|
100-249K |
120,280 |
7,333 |
112,947 |
120,222 |
7,329 |
112,893 |
58 |
4 |
54 |
|
250-499K |
110,645 |
8,195 |
102,449 |
110,580 |
8,163 |
102,418 |
64 |
33 |
32 |
|
500-999K |
91,065 |
9,863 |
81,202 |
90,947 |
9,838 |
81,109 |
118 |
25 |
93 |
|
1-2.4M |
65,863 |
8,926 |
56,937 |
65,586 |
8,830 |
56,757 |
276 |
96 |
180 |
|
2.5-4.9M |
22,838 |
3,754 |
19,084 |
22,453 |
3,595 |
18,858 |
386 |
159 |
227 |
|
5-9.9M |
11,598 |
2,752 |
8,846 |
11,152 |
2,504 |
8,649 |
446 |
248 |
198 |
|
10-24.9M |
7,668 |
2,823 |
4,846 |
7,073 |
2,420 |
4,653 |
595 |
402 |
193 |
|
25-49.9M |
3,205 |
1,388 |
1,817 |
2,820 |
1,120 |
1,701 |
384 |
268 |
116 |
|
50-74.9M |
1,220 |
621 |
599 |
1,032 |
476 |
556 |
188 |
145 |
43 |
|
75-99.9M |
655 |
318 |
337 |
568 |
250 |
318 |
88 |
68 |
19 |
|
100-149.9M |
755 |
395 |
360 |
632 |
293 |
339 |
123 |
102 |
21 |
|
150-199.9M |
389 |
216 |
174 |
332 |
167 |
166 |
57 |
49 |
8 |
|
200-249.9M |
248 |
134 |
115 |
194 |
86 |
108 |
55 |
48 |
7 |
|
250-499.9M |
578 |
322 |
256 |
512 |
265 |
247 |
67 |
58 |
9 |
|
500-999.9M |
326 |
200 |
127 |
278 |
156 |
123 |
48 |
44 |
4 |
|
1-2.49B |
211 |
119 |
92 |
187 |
96 |
91 |
24 |
23 |
1 |
|
2.5B or more |
88 |
59 |
29 |
79 |
50 |
29 |
9 |
9 |
- |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Notes: Excludes plans covering only one participant. The letters K, M, and B denote thousands, millions, and billions, respectively.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B3: Distribution of Pension Plans by industry, 1994
|
Industry |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
690,344 |
74,422 |
615,922 |
687,158 |
72,555 |
614,603 |
3,186 |
1,867 |
1,319 |
|
Agriculture |
11,683 |
1,270 |
10,413 |
11,671 |
1,261 |
10,410 |
12 |
9 |
3 |
|
Mining |
4,461 |
690 |
3,771 |
4,455 |
686 |
3,769 |
6 |
4 |
2 |
|
Construction |
43,735 |
3,947 |
39,788 |
41,739 |
2,880 |
38,859 |
1,996 |
1,067 |
930 |
|
Manufacturing |
85,718 |
15,632 |
70,086 |
85,424 |
15,403 |
70,021 |
294 |
229 |
65 |
|
Transportation |
9,536 |
1,162 |
8,374 |
9,320 |
992 |
8,327 |
217 |
170 |
47 |
|
Communications and utilities |
7,551 |
1,744 |
5,807 |
7,537 |
1,736 |
5,801 |
14 |
8 |
6 |
|
Wholesale trade |
49,501 |
4,283 |
45,217 |
49,438 |
4,230 |
45,207 |
63 |
53 |
10 |
|
Retail trade |
56,564 |
4,068 |
52,496 |
56,446 |
3,967 |
52,479 |
118 |
100 |
17 |
|
Finance, insurance |
53,170 |
7,659 |
45,511 |
53,164 |
7,654 |
45,510 |
6 |
5 |
1 |
|
Services |
322,885 |
20,259 |
302,626 |
322,432 |
20,040 |
302,392 |
453 |
219 |
234 |
|
Tax-exempt organizations |
42,629 |
13,278 |
29,352 |
42,629 |
13,278 |
29,352 |
- |
- |
- |
|
Industry not reported |
2,910 |
430 |
2,480 |
2,904 |
428 |
2,476 |
6 |
2 |
4 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: Excludes plans covering only one participant.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B4: Distribution of Participants by participant size, 1994 (numbers in thousands)
|
Participant Size |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
85,117 |
40,338 |
44,778 |
74,940 |
32,197 |
42,743 |
10,177 |
8,142 |
2,035 |
|
2-9 |
1,379 |
122 |
1,256 |
1,379 |
122 |
1,256 |
0 |
0 |
0 |
|
10-24 |
1,960 |
161 |
1,799 |
1,959 |
161 |
1,798 |
1 |
- |
1 |
|
25-49 |
2,372 |
220 |
2,152 |
2,371 |
219 |
2,152 |
1 |
1 |
0 |
|
50-99 |
3,353 |
440 |
2,913 |
3,334 |
431 |
2,903 |
18 |
8 |
10 |
|
100-249 |
4,716 |
1,032 |
3,684 |
4,639 |
993 |
3,646 |
77 |
39 |
38 |
|
250-499 |
4,484 |
1,359 |
3,124 |
4,299 |
1,257 |
3,042 |
185 |
103 |
82 |
|
500-999 |
5,260 |
1,992 |
3,268 |
4,831 |
1,738 |
3,093 |
430 |
254 |
175 |
|
1,000-2,499 |
9,112 |
4,122 |
4,990 |
8,131 |
3,520 |
4,611 |
981 |
602 |
379 |
|
2,500-4,999 |
7,508 |
3,686 |
3,822 |
6,538 |
3,026 |
3,512 |
970 |
659 |
310 |
|
5,000-9,999 |
8,643 |
4,508 |
4,134 |
7,590 |
3,705 |
3,885 |
1,053 |
803 |
250 |
|
10,000-19,999 |
8,723 |
4,771 |
3,951 |
7,579 |
3,880 |
3,699 |
1,144 |
891 |
253 |
|
20,000-49,999 |
11,620 |
6,426 |
5,194 |
10,026 |
5,068 |
4,958 |
1,594 |
1,358 |
236 |
|
50,000 or more |
15,988 |
11,498 |
4,490 |
12,263 |
8,075 |
4,188 |
3,725 |
3,423 |
302 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B5: Distribution of Participants by amount of assets, 1994 (numbers in thousands)
|
Amount of Assets |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
85,117 |
40,338 |
44,778 |
74,940 |
32,197 |
42,743 |
10,177 |
8,142 |
2,035 |
|
None or not reported |
2,442 |
633 |
1,809 |
2,420 |
621 |
1,799 |
22 |
13 |
9 |
|
$1-24K |
327 |
10 |
317 |
321 |
9 |
312 |
6 |
1 |
5 |
|
25-49K |
365 |
9 |
356 |
364 |
9 |
354 |
1 |
- |
1 |
|
50-99K |
720 |
39 |
681 |
710 |
38 |
672 |
10 |
1 |
9 |
|
100-249K |
1,809 |
151 |
1,658 |
1,796 |
149 |
1,647 |
13 |
1 |
12 |
|
250-499K |
2,285 |
237 |
2,049 |
2,267 |
231 |
2,036 |
19 |
6 |
13 |
|
500-999K |
3,166 |
479 |
2,687 |
3,124 |
472 |
2,653 |
42 |
7 |
35 |
|
1-2.4M |
4,729 |
965 |
3,764 |
4,624 |
943 |
3,681 |
105 |
22 |
83 |
|
2.5-4.9M |
4,135 |
1,091 |
3,044 |
3,974 |
1,030 |
2,944 |
161 |
61 |
101 |
|
5-9.9M |
4,530 |
1,527 |
3,002 |
4,196 |
1,384 |
2,812 |
334 |
144 |
190 |
|
10-24.9M |
7,850 |
3,859 |
3,991 |
7,197 |
3,478 |
3,719 |
653 |
381 |
272 |
|
25-49.9M |
6,003 |
2,772 |
3,231 |
5,257 |
2,345 |
2,912 |
746 |
427 |
318 |
|
50-74.9M |
3,590 |
1,848 |
1,742 |
3,030 |
1,485 |
1,545 |
560 |
363 |
197 |
|
75-99.9M |
2,609 |
1,312 |
1,297 |
2,270 |
1,116 |
1,155 |
339 |
196 |
142 |
|
100-149.9M |
3,936 |
1,997 |
1,939 |
3,280 |
1,551 |
1,729 |
656 |
446 |
210 |
|
150-199.9M |
2,874 |
1,682 |
1,192 |
2,367 |
1,243 |
1,124 |
507 |
439 |
68 |
|
200-249.9M |
2,432 |
1,346 |
1,086 |
1,820 |
830 |
990 |
612 |
516 |
96 |
|
250-499.9M |
6,507 |
3,593 |
2,914 |
5,657 |
2,902 |
2,755 |
850 |
691 |
159 |
|
500-999.9M |
7,133 |
4,682 |
2,451 |
5,486 |
3,142 |
2,344 |
1,647 |
1,540 |
107 |
|
1-2.49B |
8,514 |
5,022 |
3,492 |
7,459 |
3,975 |
3,485 |
1,054 |
1,047 |
7 |
|
2.5B or more |
9,158 |
7,083 |
2,075 |
7,319 |
5,244 |
2,075 |
1,840 |
1,840 |
- |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: The letters K, M, and B denote thousands, millions, and billions, respectively.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B6: Distribution of Participants by industry, 1994 (numbers in thousands)
|
Industry |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
85,117 |
40,338 |
44,778 |
74,940 |
32,197 |
42,743 |
10,177 |
8,142 |
2,035 |
|
Agriculture |
423 |
164 |
259 |
403 |
147 |
256 |
21 |
17 |
3 |
|
Mining |
916 |
482 |
434 |
761 |
334 |
427 |
155 |
148 |
7 |
|
Construction |
5,367 |
2,990 |
2,377 |
1,383 |
197 |
1,186 |
3,984 |
2,792 |
1,192 |
|
Manufacturing |
31,835 |
16,946 |
14,889 |
30,453 |
15,798 |
14,655 |
1,382 |
1,148 |
234 |
|
Transportation |
4,306 |
2,396 |
1,910 |
2,857 |
1,065 |
1,792 |
1,449 |
1,331 |
119 |
|
Communications and utilities |
5,375 |
2,716 |
2,659 |
5,322 |
2,671 |
2,651 |
53 |
45 |
8 |
|
Wholesale trade |
2,939 |
935 |
2,005 |
2,684 |
691 |
1,993 |
255 |
244 |
11 |
|
Retail trade |
8,749 |
3,394 |
5,355 |
7,508 |
2,270 |
5,238 |
1,241 |
1,124 |
117 |
|
Finance, insurance |
9,054 |
4,080 |
4,973 |
9,035 |
4,067 |
4,967 |
19 |
13 |
6 |
|
Services |
13,848 |
5,110 |
8,738 |
12,237 |
3,836 |
8,401 |
1,611 |
1,274 |
337 |
|
Tax-exempt organizations |
2,164 |
1,067 |
1,097 |
2,164 |
1,067 |
1,097 |
- |
- |
- |
|
Industry not reported |
141 |
59 |
82 |
134 |
54 |
80 |
7 |
5 |
2 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B7: Distribution of Active Participants by type of plan, 1994(1) (numbers in thousands)
|
Type of Plan |
Total Plans |
Single Employer Plans(2) |
Multiemployer Plans(3) |
|---|---|---|---|
|
Total |
64,972 |
58,889 |
6,083 |
|
Defined benefit |
24,615 |
20,215 |
4,400 |
|
Defined contribution |
40,357 |
38,674 |
1,682 |
|
Profit sharing and thrift-savings |
29,643 |
29,451 |
193 |
|
Stock bonus |
2,977 |
2,977 |
- |
|
Target benefit |
173 |
169 |
4 |
|
Money purchase |
4,018 |
2,824 |
1,194 |
|
Annuity - 403(b)(1) |
150 |
80 |
70 |
|
Custodial account - 403(b)(7) |
8 |
8 |
- |
|
IRAs or annuities (Code 408) |
99 |
94 |
5 |
|
Other defined contribution |
3,289 |
3,072 |
217 |
Footnotes
- Active participants include any workers currently in employment covered by a plan and who are earning or retaining credited service under a plan. Active participants also include nonvested former employees who have not yet incurred a break in service.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B8: Number of Plans by type of plan and method of funding, 1994
|
Method of Funding |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Funding arrangement for investment of assets |
|||||||||
|
Total |
690,344 |
74,422 |
615,922 |
687,158 |
72,555 |
614,603 |
3,186 |
1,867 |
1,319 |
|
Trust |
465,850 |
39,501 |
426,349 |
463,716 |
38,310 |
425,407 |
2,133 |
1,191 |
942 |
|
Insurance |
20,669 |
5,640 |
15,029 |
20,644 |
5,631 |
15,013 |
25 |
9 |
16 |
|
Trust and insurance |
161,512 |
18,331 |
143,180 |
160,510 |
17,688 |
142,822 |
1,001 |
644 |
358 |
|
Other |
42,313 |
10,949 |
31,365 |
42,288 |
10,926 |
31,361 |
26 |
23 |
3 |
|
Funding arrangement for payment of benefits |
|||||||||
|
Total |
690,344 |
74,422 |
615,922 |
687,158 |
72,555 |
614,603 |
3,186 |
1,867 |
1,319 |
|
Trust |
467,394 |
39,978 |
427,416 |
466,080 |
39,260 |
426,820 |
1,314 |
718 |
596 |
|
Insurance |
49,430 |
8,655 |
40,775 |
49,273 |
8,550 |
40,723 |
157 |
105 |
52 |
|
Trust and insurance |
124,258 |
14,545 |
109,713 |
122,579 |
13,525 |
109,054 |
1,680 |
1,020 |
660 |
|
Other |
49,262 |
11,244 |
38,018 |
49,226 |
11,220 |
38,006 |
36 |
25 |
11 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table B9: Number of Participants by type of plan and method of funding, 1994 (numbers in thousands)
|
Method of Funding |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Funding arrangement for investment of assets |
|||||||||
|
Total |
85,117 |
40,338 |
44,778 |
74,940 |
32,197 |
42,743 |
10,177 |
8,142 |
2,035 |
|
Trust |
52,223 |
25,346 |
26,877 |
46,304 |
20,866 |
25,438 |
5,919 |
4,480 |
1,440 |
|
Insurance |
776 |
408 |
368 |
763 |
404 |
359 |
13 |
4 |
8 |
|
Trust and insurance |
30,693 |
14,124 |
16,569 |
26,450 |
10,468 |
15,982 |
4,243 |
3,656 |
587 |
|
Other |
1,424 |
460 |
964 |
1,423 |
458 |
964 |
2 |
2 |
(3) |
|
Funding arrangement for payment of benefits |
|||||||||
|
Total |
85,117 |
40,338 |
44,778 |
74,940 |
32,197 |
42,743 |
10,177 |
8,142 |
2,035 |
|
Trust |
51,955 |
24,036 |
27,919 |
47,681 |
20,651 |
27,030 |
4,274 |
3,385 |
889 |
|
Insurance |
3,291 |
1,473 |
1,818 |
3,186 |
1,414 |
1,772 |
104 |
59 |
46 |
|
Trust and insurance |
28,224 |
14,323 |
13,902 |
22,433 |
9,627 |
12,806 |
5,791 |
4,696 |
1,096 |
|
Other |
1,647 |
507 |
1,140 |
1,640 |
505 |
1,135 |
8 |
2 |
6 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
- Less than 1,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Section C: Financial
Table C1: Distribution of Assets by participant size, 1994 (amounts in millions)
|
Participant Size |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
$2,298,556 |
$1,210,856 |
$1,087,700 |
$2,070,804 |
$1,010,275 |
$1,060,529 |
$227,752 |
$200,581 |
$27,171 |
|
None or not reported(3) |
3,854 |
2,462 |
1,392 |
3,568 |
2,188 |
1,380 |
286 |
274 |
12 |
|
2-9 |
97,857 |
9,999 |
87,858 |
97,602 |
9,744 |
87,858 |
255 |
255 |
(4) |
|
10-24 |
67,069 |
3,653 |
63,415 |
67,064 |
3,653 |
63,410 |
5 |
- |
5 |
|
25-49 |
50,635 |
3,247 |
47,387 |
50,579 |
3,194 |
47,386 |
55 |
54 |
2 |
|
50-99 |
59,141 |
6,023 |
53,118 |
58,832 |
5,908 |
52,924 |
309 |
115 |
194 |
|
100-249 |
77,504 |
16,094 |
61,409 |
75,583 |
14,922 |
60,662 |
1,921 |
1,173 |
748 |
|
250-499 |
72,507 |
23,297 |
49,211 |
67,969 |
20,032 |
47,937 |
4,539 |
3,265 |
1,274 |
|
500-999 |
95,510 |
39,036 |
56,475 |
84,535 |
31,216 |
53,319 |
10,975 |
7,820 |
3,155 |
|
1,000-2,499 |
180,317 |
88,151 |
92,166 |
156,006 |
69,508 |
86,498 |
24,311 |
18,643 |
5,668 |
|
2,500-4,999 |
173,639 |
90,976 |
82,663 |
148,034 |
70,755 |
77,279 |
25,605 |
20,221 |
5,384 |
|
5,000-9,999 |
223,124 |
120,440 |
102,684 |
198,669 |
99,806 |
98,863 |
24,455 |
20,634 |
3,821 |
|
10,000-19,999 |
262,528 |
151,203 |
111,326 |
232,714 |
125,220 |
107,494 |
29,814 |
25,983 |
3,831 |
|
20,000-49,999 |
401,527 |
219,007 |
182,521 |
366,189 |
185,734 |
180,455 |
35,338 |
33,273 |
2,065 |
|
50,000 or more |
533,344 |
437,269 |
96,075 |
463,461 |
368,396 |
95,065 |
69,883 |
68,872 |
1,011 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
- Form 5500 filings reporting no participants are generally final reports filed by plans which have terminated and distributed benefits to participants.
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C2: Distribution of Assets by asset size, 1994 (amounts in millions)
|
Amount of Assets |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
$2,298,556 |
$1,210,856 |
$1,087,700 |
$2,070,804 |
$1,010,275 |
$1,060,529 |
$227,752 |
$200,581 |
$27,171 |
|
$1-24K |
524 |
12 |
512 |
523 |
12 |
512 |
1 |
(3) |
(3) |
|
25-49K |
1,395 |
37 |
1,358 |
1,394 |
37 |
1,358 |
1 |
- |
1 |
|
50-99K |
4,368 |
180 |
4,189 |
4,367 |
179 |
4,187 |
2 |
(3) |
1 |
|
100-249K |
20,298 |
1,274 |
19,024 |
20,287 |
1,273 |
19,014 |
11 |
1 |
10 |
|
250-499K |
39,824 |
3,000 |
36,824 |
39,798 |
2,986 |
36,812 |
27 |
15 |
12 |
|
500-999K |
64,512 |
7,028 |
57,484 |
64,421 |
7,010 |
57,411 |
91 |
18 |
72 |
|
1-2.4M |
100,918 |
13,800 |
87,118 |
100,414 |
13,618 |
86,796 |
503 |
182 |
322 |
|
2.5-4.9M |
78,262 |
13,115 |
65,147 |
76,932 |
12,565 |
64,368 |
1,329 |
551 |
779 |
|
5-9.9M |
80,913 |
19,565 |
61,347 |
77,643 |
17,743 |
59,900 |
3,270 |
1,823 |
1,447 |
|
10-24.9M |
119,417 |
45,190 |
74,227 |
109,753 |
38,620 |
71,134 |
9,663 |
6,570 |
3,093 |
|
25-49.9M |
112,428 |
49,028 |
63,400 |
98,847 |
39,574 |
59,273 |
13,581 |
9,455 |
4,127 |
|
50-74.9M |
74,484 |
37,875 |
36,609 |
62,898 |
28,921 |
33,977 |
11,586 |
8,954 |
2,632 |
|
75-99.9M |
56,662 |
27,548 |
29,114 |
49,048 |
21,564 |
27,484 |
7,614 |
5,984 |
1,630 |
|
100-149.9M |
91,979 |
48,320 |
43,658 |
76,934 |
35,929 |
41,005 |
15,045 |
12,392 |
2,653 |
|
150-199.9M |
67,419 |
37,504 |
29,915 |
57,618 |
29,036 |
28,582 |
9,801 |
8,468 |
1,333 |
|
200-249.9M |
55,610 |
29,740 |
25,870 |
43,419 |
19,172 |
24,248 |
12,191 |
10,569 |
1,622 |
|
250-499.9M |
202,568 |
113,883 |
88,684 |
179,139 |
93,913 |
85,226 |
23,429 |
19,970 |
3,459 |
|
500-999.9M |
229,484 |
140,537 |
88,947 |
195,601 |
109,350 |
86,251 |
33,883 |
31,187 |
2,696 |
|
1-2.49B |
322,368 |
186,306 |
136,062 |
287,200 |
152,419 |
134,782 |
35,168 |
33,887 |
1,281 |
|
2.5B or more |
575,124 |
436,913 |
138,211 |
524,567 |
386,357 |
138,211 |
50,557 |
50,557 |
- |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
- Less than $500,000.
Note: The letters K, M, and B denote thousands, millions, and billions, respectively.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C3: Distribution of Assets by industry, 1994 (amounts in millions)
|
Industry |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
$2,298,556 |
$1,210,856 |
$1,087,700 |
$2,070,804 |
$1,010,275 |
$1,060,529 |
$227,752 |
$200,581 |
$27,171 |
|
Agriculture |
7,793 |
2,767 |
5,026 |
7,577 |
2,567 |
5,010 |
216 |
200 |
16 |
|
Mining |
29,478 |
15,530 |
13,948 |
23,650 |
9,793 |
13,857 |
5,828 |
5,737 |
91 |
|
Construction |
142,079 |
97,979 |
44,100 |
30,316 |
5,150 |
25,166 |
111,763 |
92,829 |
18,934 |
|
Manufacturing |
972,537 |
552,994 |
419,544 |
956,665 |
538,675 |
417,990 |
15,873 |
14,319 |
1,554 |
|
Transportation |
105,085 |
75,104 |
29,982 |
58,825 |
32,001 |
26,824 |
46,261 |
43,103 |
3,158 |
|
Communications and utilities |
278,775 |
197,665 |
81,111 |
277,122 |
196,053 |
81,068 |
1,654 |
1,611 |
43 |
|
Wholesale trade |
61,587 |
15,930 |
45,657 |
58,760 |
13,203 |
45,557 |
2,827 |
2,727 |
100 |
|
Retail trade |
101,912 |
34,532 |
67,380 |
85,741 |
18,637 |
67,104 |
16,171 |
15,895 |
276 |
|
Finance, insurance & real estate |
237,407 |
108,235 |
129,172 |
237,127 |
107,962 |
129,165 |
280 |
273 |
7 |
|
Services |
321,225 |
84,986 |
236,239 |
294,451 |
61,141 |
233,310 |
26,774 |
23,845 |
2,929 |
|
Tax-exempt organizations |
39,750 |
24,951 |
14,799 |
39,750 |
24,951 |
14,799 |
- |
- |
- |
|
Industry not reported |
926 |
184 |
742 |
820 |
142 |
678 |
106 |
42 |
64 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1994 (amounts in millions)
|
Type of Asset or Liability |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$20,534 |
$9,546 |
$10,988 |
|
Participant contributions |
1,569 |
99 |
1,469 |
|
Income receivables |
4,516 |
2,811 |
1,705 |
|
Other receivables |
10,748 |
7,302 |
3,446 |
|
Less allowance for doubtful accounts |
58 |
49 |
8 |
|
Total receivables (net) |
37,309 |
19,710 |
17,600 |
|
General Investments |
|||
|
Interest-bearing cash |
49,920 |
21,826 |
28,094 |
|
Certificates of deposit |
4,882 |
1,748 |
3,134 |
|
U.S. Government securities |
133,728 |
102,119 |
31,609 |
|
Corporate debt instruments: Preferred |
30,905 |
21,993 |
8,912 |
|
Corporate debt instruments: All other |
46,870 |
34,464 |
12,406 |
|
Preferred stock |
10,617 |
2,298 |
8,319 |
|
Common stock |
254,497 |
181,749 |
72,748 |
|
Partnership/joint venture interests |
8,940 |
8,205 |
735 |
|
Income-producing real estate |
6,612 |
5,879 |
732 |
|
Nonincome-producing real estate |
569 |
467 |
102 |
|
Residential loans (other than to participants) |
1,229 |
854 |
375 |
|
Commercial loans secured by mortgages |
3,587 |
3,149 |
438 |
|
Mortgage loans to participants |
602 |
79 |
523 |
|
Other loans to participants |
14,393 |
50 |
14,343 |
|
Other loans |
1,670 |
1,391 |
280 |
|
Value of interest in common/collective trusts |
133,598 |
70,281 |
63,318 |
|
Value of interest in pooled separate accounts |
56,482 |
31,809 |
24,672 |
|
Value of interest in master trusts |
749,659 |
578,430 |
171,229 |
|
Value of interest in 103-12 investment entities |
2,956 |
1,745 |
1,210 |
|
Value of interest in registered investment companies |
133,310 |
26,396 |
106,914 |
|
Value of funds held in insurance company general account |
122,764 |
33,453 |
89,312 |
|
Other or unspecified general investments |
62,570 |
24,736 |
37,834 |
|
Total general investments |
1,830,360 |
1,153,122 |
677,238 |
|
Employer securities |
148,978 |
11,164 |
137,813 |
|
Employer real property |
610 |
80 |
530 |
|
Unspecified investments |
482 |
87 |
395 |
|
Total noninterest-bearing cash |
2,023 |
1,078 |
945 |
|
Buildings and other property used in plan operations |
238 |
230 |
8 |
|
Total Assets |
2,020,001 |
1,185,471 |
834,529 |
|
Liabilities |
|||
|
Benefit claims payable |
5,219 |
961 |
4,258 |
|
Operating payables |
7,636 |
5,439 |
2,197 |
|
Acquisition indebtedness |
16,667 |
466 |
16,202 |
|
Other liabilities |
24,625 |
8,907 |
15,718 |
|
Total Liabilities |
54,147 |
15,772 |
38,375 |
|
Net Assets |
1,965,854 |
1,169,699 |
796,154 |
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan, 1994(1) (amounts in millions)
|
Type of Asset or Liability |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$19,425 |
$8,647 |
$10,778 |
|
Participant contributions |
1,554 |
97 |
1,457 |
|
Income receivables |
3,269 |
1,733 |
1,535 |
|
Other receivables |
9,614 |
6,305 |
3,309 |
|
Less allowance for doubtful accounts |
7 |
3 |
4 |
|
Total receivables (net) |
33,855 |
16,779 |
17,076 |
|
General Investments |
|||
|
Interest-bearing cash |
40,953 |
14,345 |
26,608 |
|
Certificates of deposit |
3,711 |
1,248 |
2,463 |
|
U.S. Government securities |
77,258 |
53,636 |
23,623 |
|
Corporate debt instruments: Preferred |
18,777 |
10,903 |
7,874 |
|
Corporate debt instruments: All other |
14,922 |
11,225 |
3,697 |
|
Preferred stock |
9,934 |
1,643 |
8,292 |
|
Common stock |
187,367 |
118,224 |
69,142 |
|
Partnership/joint venture interests |
8,205 |
7,482 |
723 |
|
Income-producing real estate |
3,676 |
3,170 |
507 |
|
Nonincome-producing real estate |
275 |
181 |
93 |
|
Residential loans (other than to participants) |
636 |
341 |
294 |
|
Commercial loans secured by mortgages |
1,395 |
1,066 |
329 |
|
Mortgage loans to participants |
515 |
4 |
512 |
|
Other loans to participants |
14,141 |
34 |
14,107 |
|
Other loans |
313 |
44 |
270 |
|
Value of interest in common/collective trusts |
112,474 |
50,430 |
62,044 |
|
Value of interest in pooled separate accounts |
53,096 |
28,829 |
24,266 |
|
Value of interest in master trusts |
749,055 |
578,017 |
171,038 |
|
Value of interest in 103-12 investment entities |
1,779 |
914 |
865 |
|
Value of interest in registered investment companies |
127,871 |
21,964 |
105,906 |
|
Value of funds held in insurance company general account |
112,455 |
26,419 |
86,036 |
|
Other or unspecified general investments |
69,367 |
27,176 |
42,191 |
|
Total general investments |
1,608,175 |
957,295 |
650,880 |
|
Employer securities |
148,367 |
10,557 |
137,810 |
|
Employer real property |
607 |
77 |
530 |
|
Unspecified investments |
482 |
87 |
395 |
|
Total noninterest-bearing cash |
1,647 |
768 |
879 |
|
Buildings and other property used in plan operations |
26 |
24 |
2 |
|
Total Assets |
1,793,159 |
985,588 |
807,572 |
|
Liabilities |
|||
|
Benefit claims payable |
5,010 |
861 |
4,149 |
|
Operating payables |
7,006 |
4,854 |
2,152 |
|
Acquisition indebtedness |
16,473 |
280 |
16,193 |
|
Other liabilities |
22,521 |
6,896 |
15,625 |
|
Total Liabilities |
51,010 |
12,890 |
38,119 |
|
Net Assets |
1,742,150 |
972,697 |
769,453 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1994(1) (amounts in millions)
|
Type of Asset or Liability |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$1,109 |
$899 |
$210 |
|
Participant contributions |
14 |
2 |
12 |
|
Income receivables |
1,248 |
1,078 |
170 |
|
Other receivables |
1,134 |
997 |
137 |
|
Less allowance for doubtful accounts |
50 |
46 |
4 |
|
Total receivables (net) |
3,455 |
2,931 |
524 |
|
General Investments |
|||
|
Interest-bearing cash |
8,967 |
7,480 |
1,486 |
|
Certificates of deposit |
1,172 |
500 |
671 |
|
U.S. Government securities |
56,470 |
48,483 |
7,986 |
|
Corporate debt instruments: Preferred |
12,128 |
11,090 |
1,038 |
|
Corporate debt instruments: All other |
16,878 |
14,205 |
2,674 |
|
Preferred stock |
683 |
655 |
28 |
|
Common stock |
67,131 |
63,525 |
3,606 |
|
Partnership/joint venture interests |
735 |
724 |
12 |
|
Income-producing real estate |
2,935 |
2,710 |
225 |
|
Nonincome-producing real estate |
294 |
285 |
9 |
|
Residential loans (other than to participants) |
593 |
513 |
80 |
|
Commercial loans secured by mortgages |
2,193 |
2,083 |
109 |
|
Mortgage loans to participants |
87 |
76 |
11 |
|
Other loans to participants |
251 |
16 |
236 |
|
Other loans |
1,357 |
1,347 |
10 |
|
Value of interest in common/collective trusts |
21,124 |
19,851 |
1,273 |
|
Value of interest in pooled separate accounts |
3,386 |
2,980 |
406 |
|
Value of interest in master trusts |
604 |
413 |
191 |
|
Value of interest in 103-12 investment entities |
1,177 |
831 |
346 |
|
Value of interest in registered investment companies |
5,440 |
4,432 |
1,008 |
|
Value of funds held in insurance company general account |
10,309 |
7,033 |
3,276 |
|
Other or unspecified general investments |
8,272 |
6,594 |
1,678 |
|
Total general investments |
222,185 |
195,827 |
26,359 |
|
Employer securities |
611 |
608 |
3 |
|
Employer real property |
3 |
3 |
(2) |
|
Unspecified investments |
(2) |
(2) |
(2) |
|
Total noninterest-bearing cash |
375 |
310 |
65 |
|
Buildings and other property used in plan operations |
212 |
205 |
7 |
|
Total Assets |
226,841 |
199,884 |
26,958 |
|
Liabilities |
|||
|
Benefit claims payable |
209 |
100 |
109 |
|
Operating payables |
629 |
585 |
44 |
|
Acquisition indebtedness |
195 |
186 |
9 |
|
Other liabilities |
2,104 |
2,011 |
93 |
|
Total Liabilities |
3,137 |
2,882 |
256 |
|
Net Assets |
223,704 |
197,002 |
26,702 |
Footnotes
- Includes multiemployer plans and multiple-employer collectively bargained plans.
- Less than $500,000.
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C7: Percent Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1994
|
Type of Asset |
Total |
$1-.9M |
$1.0M-9.9M |
$10.0M-249.9M |
$250.0M-999.9M |
$1.0B or More |
|---|---|---|---|---|---|---|
|
Total Assets |
100 |
100 |
100 |
100 |
100 |
100 |
|
Cash |
2 |
9 |
5 |
3 |
2 |
2 |
|
Receivables |
2 |
7 |
3 |
2 |
2 |
1 |
|
U.S. Government securities |
9 |
5 |
10 |
12 |
11 |
7 |
|
Corporate debt instruments: Preferred |
2 |
3 |
2 |
2 |
2 |
2 |
|
Corporate debt instruments: All other |
3 |
2 |
3 |
4 |
4 |
2 |
|
Corporate stocks |
16 |
5 |
13 |
19 |
18 |
13 |
|
Real estate and mortgages (other than to participants) |
1 |
(1) |
(1) |
1 |
1 |
1 |
|
Other loans to participants |
(1) |
(1) |
(1) |
(1) |
0 |
0 |
|
Value of interest in common/collective trusts |
6 |
10 |
11 |
7 |
6 |
4 |
|
Value of interest in pooled separate accounts |
3 |
4 |
7 |
4 |
2 |
2 |
|
Value of interest in master trusts |
49 |
20 |
21 |
35 |
44 |
58 |
|
Value of interest in registered investment companies |
2 |
7 |
8 |
4 |
2 |
1 |
|
Value of funds held in insurance company general account |
3 |
15 |
13 |
4 |
3 |
2 |
|
Employer securities |
1 |
(1) |
(1) |
(1) |
(1) |
2 |
|
Other investments |
3 |
11 |
5 |
3 |
3 |
3 |
Footnotes
- Less than one percent.
Notes: In Table heading the letters M and B denote millions and billions, respectively. Percent distributions may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C8: Percent Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1994
|
Type of Asset |
Total |
$1-.9M |
$1.0M-9.9M |
$10.0M-249.9M |
$250.0M-999.9M |
$1.0B or More |
|---|---|---|---|---|---|---|
|
Total Assets |
100 |
100 |
100 |
100 |
100 |
100 |
|
Cash |
4 |
8 |
7 |
5 |
3 |
2 |
|
Receivables |
2 |
7 |
4 |
2 |
2 |
1 |
|
U.S. Government securities |
4 |
3 |
5 |
5 |
3 |
2 |
|
Corporate debt instruments: Preferred |
1 |
3 |
3 |
1 |
(1) |
1 |
|
Corporate debt instruments: All other |
1 |
2 |
2 |
2 |
1 |
1 |
|
Corporate stocks |
10 |
5 |
8 |
9 |
10 |
10 |
|
Real estate and mortgages (other than to participants) |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
Other loans to participants |
2 |
1 |
2 |
2 |
2 |
2 |
|
Value of interest in common/collective trusts |
8 |
8 |
10 |
10 |
6 |
6 |
|
Value of interest in pooled separate accounts |
3 |
14 |
9 |
3 |
1 |
1 |
|
Value of interest in master trusts |
21 |
2 |
3 |
13 |
23 |
33 |
|
Value of interest in registered investment companies |
13 |
18 |
20 |
19 |
12 |
4 |
|
Value of funds held in insurance company general account |
11 |
14 |
13 |
11 |
10 |
10 |
|
Employer securities |
17 |
3 |
5 |
12 |
20 |
23 |
|
Other investments |
5 |
14 |
9 |
5 |
6 |
3 |
Footnotes
- Less than one percent.
Notes: In Table heading the letters M and B denote millions and billions, respectively. Percent distributions may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1994 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$69,804 |
$35,304 |
$34,501 |
|
Participants |
46,587 |
595 |
45,991 |
|
Others |
3,497 |
1,103 |
2,394 |
|
Noncash contributions |
533 |
111 |
421 |
|
Total contributions |
120,420 |
37,113 |
83,307 |
|
Interest earnings |
|||
|
Interest-bearing cash |
5,208 |
2,108 |
3,100 |
|
Certificates of deposit |
274 |
104 |
170 |
|
U.S. Government securities |
7,563 |
5,904 |
1,658 |
|
Corporate debt instruments |
4,685 |
3,596 |
1,089 |
|
Mortgage loans |
330 |
262 |
68 |
|
Other loans |
762 |
57 |
705 |
|
Other or unspecified interest |
11,510 |
3,937 |
7,572 |
|
Total interest earnings |
30,332 |
15,968 |
14,364 |
|
Dividends |
|||
|
Preferred stock |
1,551 |
249 |
1,302 |
|
Common stock |
11,381 |
4,892 |
6,489 |
|
Total dividend income |
12,933 |
5,141 |
7,791 |
|
Rents |
297 |
203 |
95 |
|
Net gain (loss) on sale of assets |
1,518 |
(1,946) |
3,464 |
|
Unrealized appreciation (depreciation) of assets |
(10,397) |
(5,401) |
(4,996) |
|
Net investment gain (loss) from common/collective trusts |
2,326 |
1,030 |
1,295 |
|
Net investment gain (loss) from pooled separate accounts |
1,124 |
589 |
535 |
|
Net investment gain (loss) from master trusts |
16,633 |
10,194 |
6,438 |
|
Net investment gain (loss) from 103-12 investment entities |
164 |
108 |
56 |
|
Net investment gain (loss) from registered investment companies |
2,183 |
652 |
1,531 |
|
Other or unspecified income |
3,797 |
1,611 |
2,185 |
|
Total Income |
181,329 |
65,263 |
116,065 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
133,912 |
74,726 |
59,185 |
|
Payments to insurance carriers |
2,786 |
2,518 |
268 |
|
Other benefits |
1,336 |
520 |
816 |
|
Total payments |
138,034 |
77,764 |
60,269 |
|
Interest expense |
2,420 |
15 |
2,405 |
|
Administrative expenses |
|||
|
Salaries and allowances |
244 |
196 |
49 |
|
Accounting fees |
110 |
69 |
41 |
|
Actuarial fees |
349 |
331 |
18 |
|
Contract administrator fees |
437 |
299 |
138 |
|
Investment advisory and management fees |
2,480 |
2,050 |
430 |
|
Legal fees |
134 |
107 |
26 |
|
Valuation/appraisal fees |
11 |
5 |
5 |
|
Trustee fees/expenses |
507 |
335 |
172 |
|
Other administrative expenses |
1,989 |
1,286 |
702 |
|
Total administrative expenses |
6,261 |
4,678 |
1,583 |
|
Other or unspecified expenses |
16 |
2 |
14 |
|
Total Expenses |
146,730 |
82,460 |
64,271 |
|
Net Income |
34,598 |
(17,196) |
51,795 |
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1994 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$59,724 |
$27,386 |
$32,339 |
|
Participants |
46,440 |
566 |
45,873 |
|
Others |
3,460 |
1,073 |
2,387 |
|
Noncash contributions |
532 |
111 |
421 |
|
Total contributions |
110,155 |
29,135 |
81,020 |
|
Interest earnings |
|||
|
Interest-bearing cash |
4,595 |
1,595 |
2,999 |
|
Certificates of deposit |
207 |
78 |
129 |
|
U.S. Government securities |
4,172 |
2,975 |
1,196 |
|
Corporate debt instruments |
2,716 |
1,872 |
844 |
|
Mortgage loans |
100 |
46 |
54 |
|
Other loans |
721 |
31 |
690 |
|
Other or unspecified interest |
10,024 |
2,753 |
7,271 |
|
Total interest earnings |
22,536 |
9,352 |
13,184 |
|
Dividends |
|||
|
Preferred stock |
1,469 |
172 |
1,297 |
|
Common stock |
9,842 |
3,442 |
6,400 |
|
Total dividend income |
11,312 |
3,614 |
7,698 |
|
Rents |
163 |
88 |
75 |
|
Net gain (loss) on sale of assets |
1,834 |
(1,690) |
3,524 |
|
Unrealized appreciation (depreciation) of assets |
(10,068) |
(5,398) |
(4,670) |
|
Net investment gain (loss) from common/collective trusts |
2,060 |
797 |
1,263 |
|
Net investment gain (loss) from pooled separate accounts |
1,020 |
507 |
513 |
|
Net investment gain (loss) from master trusts |
16,627 |
10,192 |
6,435 |
|
Net investment gain (loss) from 103-12 investment entities |
64 |
36 |
27 |
|
Net investment gain (loss) from registered investment companies |
1,897 |
388 |
1,510 |
|
Other or unspecified income |
3,554 |
1,413 |
2,141 |
|
Total Income |
161,154 |
48,435 |
112,719 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
120,297 |
62,754 |
57,542 |
|
Payments to insurance carriers |
1,761 |
1,496 |
266 |
|
Other benefits |
1,234 |
431 |
803 |
|
Total payments |
123,291 |
64,681 |
58,611 |
|
Interest expense |
2,416 |
11 |
2,404 |
|
Administrative expenses |
|||
|
Salaries and allowances |
77 |
50 |
27 |
|
Accounting fees |
67 |
35 |
32 |
|
Actuarial fees |
290 |
275 |
14 |
|
Contract administrator fees |
285 |
168 |
117 |
|
Investment advisory and management fees |
1,840 |
1,479 |
361 |
|
Legal fees |
42 |
30 |
12 |
|
Valuation/appraisal fees |
9 |
4 |
5 |
|
Trustee fees/expenses |
485 |
316 |
169 |
|
Other administrative expenses |
1,634 |
998 |
636 |
|
Total administrative expenses |
4,728 |
3,355 |
1,373 |
|
Other or unspecified expenses |
14 |
2 |
12 |
|
Total Expenses |
130,449 |
68,049 |
62,400 |
|
Net Income |
30,705 |
(19,614) |
50,319 |
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1994 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$10,080 |
$7,918 |
$2,162 |
|
Participants |
147 |
29 |
118 |
|
Others |
37 |
30 |
7 |
|
Noncash contributions |
1 |
1 |
(1) |
|
Total contributions |
10,265 |
7,978 |
2,287 |
|
Interest earnings |
|||
|
Interest-bearing cash |
613 |
512 |
101 |
|
Certificates of deposit |
67 |
26 |
41 |
|
U.S. Government securities |
3,391 |
2,929 |
462 |
|
Corporate debt instruments |
1,969 |
1,723 |
245 |
|
Mortgage loans |
230 |
216 |
14 |
|
Other loans |
41 |
26 |
15 |
|
Other or unspecified interest |
1,485 |
1,184 |
301 |
|
Total interest earnings |
7,796 |
6,616 |
1,180 |
|
Dividends |
|||
|
Preferred stock |
82 |
77 |
4 |
|
Common stock |
1,539 |
1,450 |
89 |
|
Total dividend income |
1,621 |
1,527 |
93 |
|
Rents |
135 |
114 |
20 |
|
Net gain (loss) on sale of assets |
(317) |
(257) |
(60) |
|
Unrealized appreciation (depreciation) of assets |
(329) |
(3) |
(325) |
|
Net investment gain (loss) from common/collective trusts |
266 |
234 |
32 |
|
Net investment gain (loss) from pooled separate accounts |
103 |
82 |
21 |
|
Net investment gain (loss) from master trusts |
6 |
3 |
3 |
|
Net investment gain (loss) from 103-12 investment entities |
101 |
72 |
29 |
|
Net investment gain (loss) from registered investment companies |
285 |
264 |
21 |
|
Other or unspecified income |
243 |
198 |
45 |
|
Total Income |
20,175 |
16,829 |
3,346 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
13,615 |
11,972 |
1,643 |
|
Payments to insurance carriers |
1,025 |
1,022 |
3 |
|
Other benefits |
102 |
89 |
13 |
|
Total payments |
14,742 |
13,084 |
1,659 |
|
Interest expense |
5 |
4 |
1 |
|
Administrative expenses |
|||
|
Salaries and allowances |
168 |
146 |
22 |
|
Accounting fees |
43 |
34 |
9 |
|
Actuarial fees |
59 |
55 |
4 |
|
Contract administrator fees |
152 |
131 |
22 |
|
Investment advisory and management fees |
640 |
572 |
69 |
|
Legal fees |
92 |
78 |
14 |
|
Valuation/appraisal fees |
2 |
1 |
1 |
|
Trustee fees/expenses |
22 |
19 |
3 |
|
Other administrative expenses |
355 |
289 |
66 |
|
Total administrative expenses |
1,533 |
1,324 |
209 |
|
Other or unspecified expenses |
2 |
(1) |
2 |
|
Total Expenses |
16,281 |
14,411 |
1,870 |
|
Net Income |
3,893 |
2,417 |
1,476 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C12: Percent Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1994
|
Income and Expenses |
Total |
$1-.9M |
$1.0M-9.9M |
$10.0M-249.9M |
$250.0M-999.9M |
$1.0B or More |
|---|---|---|---|---|---|---|
|
Total Income |
100 |
100 |
100 |
100 |
100 |
100 |
|
Contributions received or receivable from: |
||||||
|
Employers |
53 |
85 |
67 |
58 |
56 |
47 |
|
Participants |
1 |
1 |
1 |
1 |
1 |
1 |
|
Others |
2 |
1 |
1 |
1 |
6 |
(1) |
|
Total contributions |
56 |
86 |
69 |
60 |
62 |
48 |
|
Interest earnings: |
||||||
|
Interest-bearing cash |
3 |
3 |
4 |
4 |
3 |
3 |
|
Certificates of deposit |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
U.S. Government securities |
9 |
1 |
5 |
11 |
11 |
8 |
|
Corporate debt instruments |
5 |
1 |
3 |
6 |
7 |
5 |
|
Mortgage loans |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
Other loans |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
Other or unspecified interest |
6 |
5 |
10 |
7 |
7 |
4 |
|
Total interest earnings |
24 |
11 |
22 |
28 |
29 |
20 |
|
Total dividend income |
8 |
1 |
5 |
8 |
9 |
7 |
|
Net gain (loss) on sale of assets |
(2) |
(1) |
3 |
3 |
(2) |
(5) |
|
Unrealized appreciation (depreciation) of assets |
(8) |
(3) |
(9) |
(10) |
(13) |
(3) |
|
Net investment gain (loss) from common/collective trusts |
2 |
1 |
2 |
2 |
3 |
1 |
|
Net investment gain (loss) from pooled separate accounts |
1 |
(1) |
2 |
1 |
(1) |
1 |
|
Net investment gain (loss) from master trusts |
15 |
(1) |
2 |
5 |
10 |
26 |
|
Net investment gain (loss) from registered investment companies |
1 |
1 |
2 |
2 |
(1) |
1 |
|
Other or unspecified income |
3 |
3 |
3 |
2 |
1 |
4 |
Footnotes
- Less than one percent.
Notes: In Table heading the letters M and B denote millions and billions, respectively. Percent distributions may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table C13: Percent Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1994
|
Income and Expenses |
Total |
$1-.9M |
$1.0M-9.9M |
$10.0M-249.9M |
$250.0M-999.9M |
$1.0B or More |
|---|---|---|---|---|---|---|
|
Total Income |
100 |
100 |
100 |
100 |
100 |
100 |
|
Contributions received or receivable from: |
||||||
|
Employers |
30 |
37 |
36 |
35 |
28 |
20 |
|
Participants |
40 |
54 |
44 |
41 |
40 |
35 |
|
Others |
2 |
3 |
3 |
2 |
4 |
1 |
|
Total contributions |
72 |
94 |
84 |
79 |
73 |
55 |
|
Interest earnings |
||||||
|
Interest-bearing cash |
3 |
1 |
3 |
3 |
3 |
2 |
|
Certificates of deposit |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
U.S. Government securities |
1 |
(1) |
1 |
2 |
2 |
1 |
|
Corporate debt instruments |
1 |
(1) |
1 |
1 |
1 |
1 |
|
Mortgage loans |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
Other loans |
1 |
(1) |
(1) |
1 |
1 |
1 |
|
Other or unspecified interest |
7 |
2 |
4 |
6 |
8 |
8 |
|
Total interest earnings |
12 |
4 |
9 |
13 |
14 |
13 |
|
Total dividend income |
7 |
1 |
3 |
5 |
8 |
10 |
|
Net gain (loss) on sale of assets |
3 |
5 |
1 |
1 |
4 |
6 |
|
Unrealized appreciation (depreciation) of assets |
(4) |
(8) |
(3) |
(7) |
(10) |
2 |
|
Net investment gain (loss) from common/collective trusts |
1 |
(1) |
1 |
2 |
1 |
1 |
|
Net investment gain (loss) from pooled separate accounts |
(1) |
(1) |
1 |
(1) |
(1) |
(1) |
|
Net investment gain (loss) from master trusts |
6 |
(1) |
(1) |
3 |
6 |
11 |
|
Net investment gain (loss) from registered investment companies |
1 |
(1) |
1 |
2 |
2 |
(1) |
|
Other or unspecified income |
2 |
3 |
3 |
2 |
2 |
2 |
Footnotes
- Less than one percent.
Notes: In Table heading the letters M and B denote millions and billions, respectively. Percent distributions may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Figure C. Percent of Total Assets by Type of Plan, 1994
Reference: Table A1.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Section D: Defined Contribution Plans
Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1994 (amounts in millions)
|
Type of Asset or Liability |
Total Defined Contribution Plans |
Profit Sharing and Thrift-Savings Plans |
Stock Bonus Plans |
Target Benefit Plans |
Money Purchase Plans |
Other Defined Contribution Plans |
|---|---|---|---|---|---|---|
|
Assets |
||||||
|
Receivables |
||||||
|
Employer contributions |
$10,988 |
$8,565 |
$944 |
$33 |
$936 |
$509 |
|
Participant contributions |
1,469 |
1,160 |
84 |
1 |
37 |
187 |
|
Income receivables |
1,705 |
1,195 |
97 |
4 |
190 |
219 |
|
Other receivables |
3,446 |
2,659 |
237 |
17 |
165 |
368 |
|
Less allowance for doubtful accounts |
8 |
4 |
(1) |
0 |
3 |
1 |
|
Total receivables (net) |
17,600 |
13,575 |
1,363 |
54 |
1,325 |
1,283 |
|
General Investments |
||||||
|
Interest-bearing cash |
28,094 |
21,845 |
1,461 |
68 |
2,372 |
2,348 |
|
Certificates of deposit |
3,134 |
2,138 |
96 |
3 |
639 |
258 |
|
U.S. Government securities |
31,609 |
19,541 |
343 |
93 |
7,555 |
4,076 |
|
Corporate debt instruments: Preferred |
8,912 |
7,193 |
40 |
50 |
1,005 |
623 |
|
Corporate debt instruments: All other |
12,406 |
8,117 |
257 |
21 |
2,789 |
1,222 |
|
Preferred stock |
8,319 |
6,877 |
547 |
2 |
98 |
795 |
|
Common stock |
72,748 |
50,320 |
8,304 |
144 |
6,826 |
7,153 |
|
Partnership/joint venture interests |
735 |
586 |
2 |
1 |
136 |
10 |
|
Income-producing real estate |
732 |
299 |
5 |
(1) |
221 |
207 |
|
Nonincome-producing real estate |
102 |
83 |
3 |
(1) |
10 |
6 |
|
Residential loans (other than to participants) secured by mortgages |
375 |
247 |
3 |
(1) |
113 |
12 |
|
Commercial loans secured by mortgages |
438 |
246 |
68 |
(1) |
46 |
79 |
|
Mortgage loans to participants |
523 |
443 |
14 |
(1) |
18 |
47 |
|
Other loans to participants |
14,343 |
11,674 |
824 |
11 |
349 |
1,486 |
|
Other loans |
280 |
248 |
1 |
(1) |
21 |
9 |
|
Value of interest in common/collective trusts |
63,318 |
52,937 |
1,011 |
116 |
3,085 |
6,169 |
|
Value of interest in pooled separate accounts |
24,672 |
21,105 |
314 |
14 |
1,467 |
1,773 |
|
Value of interest in master trusts |
171,229 |
135,224 |
11,883 |
590 |
5,090 |
18,443 |
|
Value of interest in 103-12 investment entities |
1,210 |
1,011 |
23 |
0 |
130 |
46 |
|
Value of interest in registered investment companies |
106,914 |
88,284 |
2,597 |
214 |
5,812 |
10,007 |
|
Value of funds held in insurance company general account |
89,312 |
71,245 |
2,505 |
75 |
7,226 |
8,260 |
|
Other or unspecified general investments |
37,834 |
29,687 |
1,342 |
25 |
3,039 |
3,742 |
|
Total general investments |
677,238 |
529,349 |
31,641 |
1,428 |
48,050 |
66,771 |
|
Employer securities |
137,813 |
86,428 |
32,057 |
9 |
836 |
18,484 |
|
Employer real property |
530 |
511 |
18 |
0 |
(1) |
1 |
|
Unspecified investments |
395 |
243 |
(1) |
0 |
151 |
(1) |
|
Total noninterest-bearing cash |
945 |
745 |
31 |
1 |
104 |
64 |
|
Buildings and other property used in plan operations |
8 |
1 |
0 |
(1) |
4 |
4 |
|
Total Assets |
834,529 |
630,853 |
65,109 |
1,492 |
50,470 |
86,606 |
|
Liabilities |
||||||
|
Benefit claims payable |
4,258 |
2,959 |
547 |
6 |
274 |
472 |
|
Operating payables |
2,197 |
1,147 |
845 |
1 |
38 |
166 |
|
Acquisition indebtedness |
16,202 |
7,711 |
6,071 |
0 |
73 |
2,346 |
|
Other liabilities |
15,718 |
8,847 |
3,737 |
7 |
189 |
2,937 |
|
Total Liabilities |
38,375 |
20,665 |
11,201 |
13 |
574 |
5,922 |
|
|
796,154 |
610,188 |
53,909 |
1,479 |
49,895 |
80,684 |
Footnotes
- Less than $500,000.
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1994 (amounts in millions)
|
Income and Expenses |
Total Defined Contribution Plans |
Profit Sharing and Thrift-Savings Plans |
Stock Bonus Plans |
Target Benefit Plans |
Money Purchase Plans |
Other Defined Contribution Plans |
|---|---|---|---|---|---|---|
|
Income |
||||||
|
Contributions received or receivable from: |
||||||
|
Employers |
$34,501 |
$24,112 |
$3,054 |
$121 |
$4,183 |
$3,031 |
|
Participants |
45,991 |
38,030 |
2,214 |
13 |
652 |
5,082 |
|
Others |
2,394 |
2,195 |
15 |
3 |
38 |
143 |
|
Noncash contributions |
421 |
206 |
192 |
(1) |
4 |
19 |
|
Total contributions |
83,307 |
64,543 |
5,474 |
137 |
4,877 |
8,275 |
|
Interest earnings |
||||||
|
Interest-bearing cash |
3,100 |
2,328 |
155 |
4 |
286 |
328 |
|
Certificates of deposit |
170 |
116 |
2 |
(1) |
34 |
19 |
|
U.S. Government securities |
1,658 |
1,076 |
12 |
4 |
363 |
204 |
|
Corporate debt instruments |
1,089 |
749 |
4 |
3 |
230 |
103 |
|
Mortgage loans |
68 |
48 |
(1) |
0 |
14 |
6 |
|
Other loans |
705 |
565 |
31 |
(1) |
21 |
87 |
|
Other or unspecified interest |
7,572 |
6,092 |
223 |
8 |
535 |
715 |
|
Total interest earnings |
14,364 |
10,974 |
427 |
19 |
1,482 |
1,462 |
|
Dividends |
||||||
|
Preferred stock |
1,302 |
725 |
326 |
(1) |
35 |
215 |
|
Common stock |
6,489 |
4,569 |
907 |
7 |
224 |
782 |
|
Total dividend income |
7,791 |
5,295 |
1,233 |
7 |
259 |
997 |
|
Rents |
95 |
67 |
(1) |
0 |
11 |
16 |
|
Net gain (loss) on sale of assets |
3,464 |
2,956 |
343 |
3 |
146 |
16 |
|
Unrealized appreciation (depreciation) of assets |
(4,996) |
(3,525) |
(1,067) |
(20) |
(386) |
2 |
|
Net investment gain (loss) from common/collective trusts |
1,295 |
1,098 |
29 |
(1) |
67 |
101 |
|
Net investment gain (loss) from pooled separate accounts |
535 |
469 |
(1) |
(1) |
37 |
28 |
|
Net investment gain (loss) from master trusts |
6,438 |
5,605 |
(80) |
48 |
196 |
669 |
|
Net investment gain (loss) from 103-12 investment entities |
56 |
56 |
(1) |
0 |
4 |
(4) |
|
Net investment gain (loss) from registered investment companies |
1,531 |
1,123 |
29 |
4 |
138 |
238 |
|
Other or unspecified income |
2,185 |
1,678 |
280 |
6 |
66 |
155 |
|
Total Income |
116,065 |
90,340 |
6,670 |
204 |
6,897 |
11,955 |
|
Expenses |
||||||
|
Benefit payments and payments to provide benefits |
||||||
|
Direct benefits |
59,185 |
45,621 |
4,324 |
94 |
3,203 |
5,943 |
|
Payments to insurance carriers |
268 |
113 |
3 |
3 |
126 |
24 |
|
Other benefits |
816 |
426 |
267 |
1 |
38 |
84 |
|
Total payments |
60,269 |
46,160 |
4,593 |
98 |
3,368 |
6,050 |
|
Interest expense |
2,405 |
1,205 |
749 |
(1) |
4 |
447 |
|
Administrative expenses |
||||||
|
Salaries and allowances |
49 |
19 |
2 |
(1) |
13 |
13 |
|
Accounting fees |
41 |
27 |
1 |
(1) |
8 |
5 |
|
Actuarial fees |
18 |
12 |
(1) |
(1) |
3 |
2 |
|
Contract administrator fees |
138 |
94 |
4 |
(1) |
30 |
10 |
|
Investment advisory and management fees |
430 |
301 |
9 |
2 |
78 |
40 |
|
Legal fees |
26 |
10 |
2 |
(1) |
9 |
6 |
|
Valuation/appraisal fees |
5 |
3 |
1 |
0 |
1 |
(1) |
|
Trustee fees/expenses |
172 |
134 |
11 |
(1) |
13 |
15 |
|
Other administrative expenses |
702 |
549 |
27 |
1 |
53 |
73 |
|
Total administrative expenses |
1,583 |
1,149 |
57 |
4 |
208 |
165 |
|
Other or unspecified expenses |
14 |
15 |
(1) |
0 |
(1) |
(1) |
|
Total Expenses |
64,271 |
48,529 |
5,399 |
102 |
3,579 |
6,662 |
|
Net Income |
51,795 |
41,811 |
1,270 |
102 |
3,318 |
5,294 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1994
|
Type of Plan |
Number of Plans(1) |
Total Participants (thousands) |
Active Participants (thousands) |
Total Assets (millions) |
Total Contributions (millions)(2) |
Total Benefits (millions)(3) |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
Profit sharing and thrift-savings |
167,618 |
24,203 |
21,890 |
573,614 |
65,820 |
43,167 |
|
Stock bonus |
239 |
926 |
816 |
33,334 |
2,791 |
2,501 |
|
Target benefit |
42 |
5 |
5 |
182 |
30 |
5 |
|
Money purchase |
4,165 |
390 |
369 |
4,621 |
684 |
339 |
|
Annuity-403(b)(1) |
61 |
3 |
2 |
7 |
3 |
1 |
|
Custodial account-403(b)(7) |
29 |
2 |
2 |
31 |
7 |
4 |
|
IRAs or annuities (Code 408) |
126 |
12 |
11 |
95 |
15 |
12 |
|
Other defined contribution |
2,667 |
2,362 |
2,111 |
62,797 |
6,528 |
4,632 |
Footnotes
- Excludes plans covering only one participant.
- Includes both employer and employee contributions.
- Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D4: Number of 401(k) Type Plans by participant size and primary or supplemental status, 1994
|
Participant Size |
Total |
401(k) Plan is Only Plan Sponsored by Employer |
Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
Total |
174,945 |
147,790 |
27,156 |
|
None or not reported |
5,510 |
4,801 |
708 |
|
2-9 |
32,464 |
28,206 |
4,258 |
|
10-24 |
48,957 |
43,817 |
5,140 |
|
25-49 |
36,098 |
31,850 |
4,248 |
|
50-99 |
23,292 |
20,282 |
3,010 |
|
100-249 |
15,832 |
12,043 |
3,789 |
|
250-499 |
6,102 |
3,883 |
2,219 |
|
500-999 |
3,103 |
1,639 |
1,464 |
|
1,000-2,499 |
2,129 |
898 |
1,231 |
|
2,500-4,999 |
735 |
236 |
500 |
|
5,000-9,999 |
391 |
90 |
301 |
|
10,000-19,999 |
189 |
27 |
162 |
|
20,000-49,999 |
118 |
16 |
102 |
|
50,000 or more |
24 |
- |
24 |
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D5: Number of Active Participants in 401(k) Type Plans by participant size and primary or supplemental status, 1994 (numbers in thousands)
|
Participant Size |
Total |
401(k) Plan is Only Plan Sponsored by Employer |
Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
|
|
|
|
|
2-9 |
156 |
136 |
20 |
|
10-24 |
666 |
593 |
73 |
|
25-49 |
1,129 |
998 |
131 |
|
50-99 |
1,687 |
1,473 |
213 |
|
100-249 |
2,188 |
1,650 |
538 |
|
250-499 |
1,923 |
1,217 |
706 |
|
500-999 |
1,959 |
1,039 |
920 |
|
1,000-2,499 |
2,972 |
1,221 |
1,750 |
|
2,500-4,999 |
2,288 |
746 |
1,542 |
|
5,000-9,999 |
2,435 |
608 |
1,826 |
|
10,000-19,999 |
2,275 |
327 |
1,948 |
|
20,000-49,999 |
3,301 |
392 |
2,910 |
|
50,000 or more |
2,227 |
34 |
2,193 |
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1994 (amounts in millions)
|
Type of Asset or Liability |
Total |
401(k) Plan is Only Plan Sponsored by Employer |
Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$5,959 |
$2,443 |
$3,516 |
|
Participant contributions |
1,255 |
464 |
791 |
|
Income receivables |
1,104 |
209 |
895 |
|
Other receivables |
2,495 |
350 |
2,145 |
|
Less allowance for doubtful accounts |
3 |
(1) |
2 |
|
Total receivables (net) |
10,811 |
3,466 |
7,346 |
|
General Investments |
|||
|
Interest-bearing cash |
19,163 |
6,812 |
12,351 |
|
Certificates of deposit |
1,778 |
492 |
1,286 |
|
U.S. Government securities |
13,639 |
3,668 |
9,970 |
|
Corporate debt instruments: Preferred |
5,199 |
1,161 |
4,038 |
|
Corporate debt instruments: All other |
5,526 |
1,819 |
3,707 |
|
Preferred stock |
1,985 |
226 |
1,759 |
|
Common stock |
40,754 |
8,913 |
31,841 |
|
Partnership/joint venture interests |
291 |
236 |
55 |
|
Income-producing real estate |
143 |
106 |
37 |
|
Nonincome-producing real estate |
40 |
24 |
16 |
|
Residential loans (other than to participants) secured by mortgages |
174 |
42 |
132 |
|
Commercial loans secured by mortgages |
172 |
87 |
85 |
|
Mortgage loans to participants |
421 |
96 |
325 |
|
Other loans to participants |
12,777 |
2,270 |
10,507 |
|
Other loans |
173 |
66 |
106 |
|
Value of interest in common/collective trusts |
50,925 |
12,605 |
38,320 |
|
Value of interest in pooled separate accounts |
20,535 |
8,217 |
12,318 |
|
Value of interest in master trusts |
138,491 |
8,104 |
130,387 |
|
Value of interest in 103-12 investment entities |
699 |
310 |
389 |
|
Value of interest in registered investment companies |
88,822 |
27,602 |
61,220 |
|
Value of funds held in insurance company general account |
73,391 |
12,890 |
60,501 |
|
Other or unspecified general investments |
25,288 |
7,077 |
18,211 |
|
Total general investments |
500,385 |
102,824 |
397,561 |
|
Employer securities |
95,531 |
5,425 |
90,106 |
|
Employer real property |
401 |
324 |
77 |
|
Unspecified investments |
91 |
78 |
13 |
|
Total noninterest-bearing cash |
584 |
220 |
364 |
|
Buildings and other property used in plan operations |
1 |
(1) |
(1) |
|
Total Assets |
607,804 |
112,338 |
495,466 |
|
Liabilities |
|||
|
Benefit claims payable |
2,619 |
607 |
2,012 |
|
Operating payables |
1,452 |
103 |
1,349 |
|
Acquisition indebtedness |
6,228 |
181 |
6,047 |
|
Other liabilities |
11,501 |
310 |
11,191 |
|
Total Liabilities |
21,800 |
1,201 |
20,599 |
|
|
|
|
|
Footnotes
- Less than $500,000.
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1994 (amounts in millions)
|
Income and Expenses |
Total |
401(k) Plan is Only Plan Sponsored by Employer |
Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$21,227 |
$6,270 |
$14,957 |
|
Participants |
42,018 |
10,307 |
31,711 |
|
Others |
2,053 |
648 |
1,405 |
|
Noncash contributions |
189 |
22 |
167 |
|
Total contributions |
65,488 |
17,248 |
48,240 |
|
Interest earnings |
|||
|
Interest-bearing cash |
2,278 |
531 |
1,747 |
|
Certificates of deposit |
93 |
25 |
69 |
|
U.S. Government securities |
721 |
203 |
518 |
|
Corporate debt instruments |
537 |
142 |
395 |
|
Mortgage loans |
30 |
9 |
21 |
|
Other loans |
616 |
112 |
504 |
|
Other or unspecified interest |
5,905 |
901 |
5,004 |
|
Total interest earnings |
10,180 |
1,921 |
8,259 |
|
Dividends |
|||
|
Preferred stock |
863 |
60 |
803 |
|
Common stock |
4,685 |
439 |
4,246 |
|
Total dividend income |
5,548 |
500 |
5,048 |
|
Rents |
44 |
41 |
4 |
|
Net gain (loss) on sale of assets |
2,902 |
217 |
2,684 |
|
Unrealized appreciation (depreciation) of assets |
(6,157) |
(484) |
(5,673) |
|
Net investment gain (loss) from common/collective trusts |
1,050 |
261 |
789 |
|
Net investment gain (loss) from pooled separate accounts |
413 |
112 |
301 |
|
Net investment gain (loss) from master trusts |
5,899 |
350 |
5,548 |
|
Net investment gain (loss) from 103-12 investment entities |
21 |
15 |
6 |
|
Net investment gain (loss) from registered investment companies |
869 |
441 |
429 |
|
Other or unspecified income |
1,669 |
499 |
1,171 |
|
Total Income |
87,928 |
21,122 |
66,806 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
43,797 |
8,697 |
35,100 |
|
Payments to insurance carriers |
70 |
45 |
25 |
|
Other benefits |
534 |
96 |
438 |
|
Total payments |
44,401 |
8,838 |
35,563 |
|
Interest expense |
1,304 |
20 |
1,284 |
|
Administrative expenses |
|||
|
Salaries and allowances |
15 |
3 |
12 |
|
Accounting fees |
22 |
10 |
12 |
|
Actuarial fees |
10 |
5 |
6 |
|
Contract administrator fees |
92 |
30 |
62 |
|
Investment advisory and management fees |
230 |
104 |
126 |
|
Legal fees |
6 |
3 |
3 |
|
Valuation/appraisal fees |
2 |
1 |
1 |
|
Trustee fees/expenses |
119 |
34 |
85 |
|
Other administrative expenses |
353 |
169 |
184 |
|
Total administrative expenses |
849 |
359 |
490 |
|
Other or unspecified expenses |
2 |
4 |
(1) |
|
Total Expenses |
46,556 |
9,220 |
37,336 |
|
|
|
|
|
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D8: Percent Distribution of Assets in 401(k) Type Plans with 100 or More Participants by type of asset, 1985-1993
|
Type of Asset |
1985 |
1986 |
1987 |
1988 |
1989 |
1991 |
1992 |
1993 |
|---|---|---|---|---|---|---|---|---|
|
|
|
100 |
100 |
100 |
100 |
100 |
100 |
100 |
|
Cash |
5 |
5 |
7 |
8 |
8 |
9 |
8 |
8 |
|
Receivables |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
|
U.S. Government securities |
7 |
7 |
7 |
6 |
6 |
7 |
6 |
6 |
|
Corporate debt securities |
6 |
6 |
6 |
6 |
5 |
6 |
4 |
5 |
|
Corporate stock (other than that of the plan sponsor) |
23 |
23 |
21 |
21 |
22 |
20 |
20 |
19 |
|
Employer securities |
24 |
19 |
19 |
17 |
16 |
16 |
16 |
16 |
|
Loans to participants |
- |
- |
- |
1 |
1 |
2 |
2 |
2 |
|
Value of funds held in insurance company general account |
29 |
31 |
32 |
32 |
34 |
30 |
28 |
21 |
|
Value of interest in registered investment companies |
2 |
3 |
3 |
4 |
4 |
7 |
12 |
19 |
|
Other investments and assets(1) |
3 |
3 |
2 |
2 |
1 |
1 |
1 |
1 |
Footnotes
- Includes partnership/joint venture interests, real estate, loans (other than to participants), and miscellaneous other investments. Each year about 5 to 8 percent of Total assets are reported on the Form 5500 under other investments. An examination of a small sample of plans reporting other investments indicate that virtually all of these assets are common types of holdings such as stocks, bonds, and unallocated insurance contracts, that have been misreported. In this Table such assets have been reallocated to the appropriate categories based on the findings from the plans examined.
- Data not available.
Notes: Excludes all ESOPs with a 401(k) type arrangement. Percent distributions may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-93 plan years. The distributions are tabulated from data sets created by merging the Form 5500 files with files containing financial data from pooled fund arrangements invested in by plans. In the merged data sets, the pooled fund assets reported by plans have been redistributed to the underlying asset categories. Data are not available for 1990 and 1994.
Table D9: Number of Employee Stock Ownership Plans (ESOPs), Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1994
|
Type of Plan |
Number of Plans(1) |
Total Participants (thousands)(2) |
Active Participants (thousands) |
Total Assets (millions) |
Total Contributions (millions)(3) |
Total Benefits (millions)(4) |
|---|---|---|---|---|---|---|
|
|
8,736 |
7,403 |
6,571 |
$222,780 |
$15,647 |
$16,085 |
|
Profit sharing and thrift-savings |
5,996 |
3,384 |
3,025 |
140,218 |
9,426 |
10,381 |
|
Stock bonus |
1,758 |
2,863 |
2,548 |
50,408 |
4,035 |
3,729 |
|
Target benefit |
3 |
0 |
0 |
3 |
0 |
2 |
|
Money purchase |
112 |
39 |
33 |
771 |
65 |
34 |
|
Custodial account - 403(b)(7) |
2 |
2 |
2 |
31 |
5 |
4 |
|
IRAs or annuities (Code 408) |
54 |
0 |
0 |
24 |
1 |
0 |
|
Other defined contribution |
812 |
1,114 |
963 |
31,325 |
2,115 |
1,935 |
Footnotes
- Excludes plans covering only one participant.
- Includes active, retired, and separated vested participants not yet in pay status. The number of participants also includes double counting of workers in more than one plan.
- Includes both employer and employee contributions.
- Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D10: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1994
|
Type of Plan |
Number of Plans(1) |
Total Participants (thousands) |
Active Participants (thousands) |
Total Assets (millions) |
Total Contributions (millions)(2) |
Total Benefits (millions)(3) |
|---|---|---|---|---|---|---|
|
|
8,736 |
7,403 |
6,571 |
$222,780 |
$15,647 |
$16,085 |
|
Nonleveraged ESOPs |
6,984 |
3,578 |
3,224 |
63,472 |
4,569 |
5,471 |
|
Leveraged ESOPs |
1,753 |
3,824 |
3,346 |
159,308 |
11,078 |
10,614 |
Footnotes
- Excludes plans covering only one participant.
- Includes both employer and employee contributions.
- Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
Notes: A leveraged ESOP is one wherein loans are made to the ESOP in order to acquire employer stock or to refinance a prior ESOP loan with the backing of the sponsoring company's credit. The stock is placed in a suspense account and is allocated to employee accounts as the loan is paid. A nonleveraged ESOP does not acquire loans for the funding of stock allocation to employee accounts.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D11: Balance Sheet of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1994 (amounts in millions)
|
Type of Asset or Liability |
Total ESOPs |
Nonleveraged ESOPs |
Leveraged ESOPs |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$2,043 |
$948 |
$1,095 |
|
Participant contributions |
246 |
73 |
173 |
|
Income receivables |
512 |
94 |
419 |
|
Other receivables |
862 |
109 |
753 |
|
Less allowance for doubtful accounts |
(1) |
0 |
(1) |
|
Total receivables (net) |
3,664 |
1,224 |
2,440 |
|
General Investments |
|||
|
Interest-bearing cash |
2,282 |
1,066 |
1,216 |
|
Certificates of deposit |
256 |
35 |
221 |
|
U.S. Government securities |
3,915 |
624 |
3,291 |
|
Corporate debt instruments: Preferred |
3,737 |
300 |
3,437 |
|
Corporate debt instruments: All other |
570 |
85 |
486 |
|
Preferred stock |
6,801 |
4,952 |
1,850 |
|
Common stock |
21,795 |
9,612 |
12,183 |
|
Partnership/joint venture interests |
26 |
24 |
2 |
|
Income-producing real estate |
17 |
16 |
1 |
|
Nonincome-producing real estate |
5 |
3 |
2 |
|
Residential loans (other than to participants) secured by mortgages |
3 |
3 |
(1) |
|
Commercial loans secured by mortgages |
70 |
69 |
1 |
|
Mortgage loans to participants |
39 |
10 |
29 |
|
Other loans to participants |
3,213 |
619 |
2,594 |
|
Other loans |
2 |
1 |
1 |
|
Value of interest in common/collective trusts |
9,671 |
2,551 |
7,120 |
|
Value of interest in pooled separate accounts |
867 |
193 |
674 |
|
Value of interest in master trusts |
46,129 |
8,232 |
37,896 |
|
Value of interest in 103-12 investment entities |
82 |
82 |
(1) |
|
Value of interest in registered investment companies |
8,288 |
2,155 |
6,133 |
|
Value of funds held in insurance company general account |
14,563 |
2,341 |
12,223 |
|
Other or unspecified general investments |
4,054 |
1,573 |
2,481 |
|
Total general investments |
126,386 |
34,544 |
91,841 |
|
Employer securities |
86,391 |
22,508 |
63,883 |
|
Employer real property |
21 |
4 |
17 |
|
Unspecified investments |
(1) |
(1) |
(1) |
|
Total noninterest-bearing cash |
80 |
25 |
55 |
|
Buildings and other property used in plan operations |
0 |
0 |
0 |
|
Total Assets |
216,541 |
58,305 |
158,236 |
|
Liabilities |
|||
|
Benefit claims payable |
1,154 |
565 |
589 |
|
Operating payables |
1,786 |
47 |
1,739 |
|
Acquisition indebtedness |
16,039 |
2,917 |
13,123 |
|
Other liabilities |
13,563 |
1,094 |
12,469 |
|
Total Liabilities |
32,543 |
4,622 |
27,920 |
|
|
|
|
|
Footnotes
- Less than $500,000.
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of Total pension fund assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D12: Income Statement of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1994 (amounts in millions)
|
Income and Expenses |
Total ESOPs |
Nonleveraged ESOPs |
Leveraged ESOPs |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$7,126 |
$2,177 |
$4,949 |
|
Participants |
7,495 |
1,822 |
5,673 |
|
Others |
258 |
49 |
210 |
|
Noncash contributions |
269 |
117 |
151 |
|
Total contributions |
15,148 |
4,165 |
10,983 |
|
Interest earnings |
|||
|
Interest-bearing cash |
669 |
227 |
442 |
|
Certificates of deposit |
16 |
5 |
11 |
|
U.S. Government securities |
226 |
39 |
187 |
|
Corporate debt instruments |
217 |
16 |
202 |
|
Mortgage loans |
3 |
1 |
1 |
|
Other loans |
182 |
33 |
149 |
|
Other or unspecified interest |
820 |
154 |
666 |
|
Total interest earnings |
2,133 |
476 |
1,657 |
|
Dividends |
|||
|
Preferred stock |
1,023 |
95 |
928 |
|
Common stock |
2,841 |
890 |
1,951 |
|
Total dividend income |
3,863 |
985 |
2,879 |
|
Rents |
(2) |
(2) |
(1) |
|
Net gain (loss) on sale of assets |
1,444 |
146 |
1,298 |
|
Unrealized appreciation (depreciation) of assets |
(1,091) |
1,365 |
(2,456) |
|
Net investment gain (loss) from common/collective trusts |
292 |
11 |
281 |
|
Net investment gain (loss) from pooled separate accounts |
8 |
3 |
5 |
|
Net investment gain (loss) from master trusts |
1,569 |
(86) |
1,655 |
|
Net investment gain (loss) from 103-12 investment entities |
(1) |
(1) |
0 |
|
Net investment gain (loss) from registered investment companies |
296 |
42 |
253 |
|
Other or unspecified income |
793 |
64 |
729 |
|
Total Income |
24,454 |
7,169 |
17,285 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
15,020 |
4,908 |
10,112 |
|
Payments to insurance carriers |
3 |
2 |
1 |
|
Other benefits |
462 |
114 |
348 |
|
Total payments |
15,486 |
5,024 |
10,461 |
|
Interest expense |
2,363 |
310 |
2,053 |
|
Administrative expenses |
|||
|
Salaries and allowances |
5 |
1 |
4 |
|
Accounting fees |
3 |
1 |
2 |
|
Actuarial fees |
1 |
(1) |
(1) |
|
Contract administrator fees |
14 |
4 |
11 |
|
Investment advisory and management fees |
25 |
9 |
16 |
|
Legal fees |
3 |
1 |
2 |
|
Valuation/appraisal fees |
1 |
1 |
1 |
|
Trustee fees/expenses |
31 |
9 |
23 |
|
Other administrative expenses |
114 |
17 |
98 |
|
Total administrative expenses |
198 |
42 |
156 |
|
Other or unspecified expenses |
6 |
6 |
(1) |
|
Total Expenses |
18,052 |
5,383 |
12,669 |
|
|
6,402 |
1,786 |
4,616 |
Footnotes
- Less than $500,000
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Table D13: Number of Employee Stock Ownership Plans (ESOPs) by participant size and primary or supplemental status, 1994
|
Participant Size |
Total |
ESOP Plan is Only Plan Sponsored by Employer |
Employer Sponsoring ESOP Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
Total |
8,736 |
5,448 |
3,288 |
|
None or not reported |
466 |
297 |
169 |
|
2-9 |
809 |
704 |
105 |
|
10-24 |
1,228 |
894 |
335 |
|
25-49 |
1,809 |
1,367 |
442 |
|
50-99 |
1,449 |
1,094 |
355 |
|
100-249 |
1,365 |
711 |
654 |
|
250-499 |
565 |
173 |
392 |
|
500-999 |
351 |
90 |
261 |
|
1,000-2,499 |
325 |
78 |
248 |
|
2,500-4,999 |
129 |
23 |
105 |
|
5,000-9,999 |
106 |
8 |
98 |
|
10,000-19,999 |
56 |
4 |
52 |
|
20,000-49,999 |
59 |
3 |
56 |
|
50,000 or more |
20 |
2 |
18 |
Source: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
Figure D. Number of 401(k) Plans 1984-1994
Reference: Table E23.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-1994 plan years.
Section E: Historical Tables
Table E1: Number of Pension Plans by type of plan, 1975-1994
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
311,094 |
103,346 |
207,748 |
308,651 |
101,214 |
207,437 |
2,443 |
2,132 |
311 |
|
1976 |
359,980 |
113,970 |
246,010 |
357,521 |
111,859 |
245,662 |
2,459 |
2,111 |
348 |
|
1977 |
402,627 |
121,655 |
280,972 |
400,134 |
119,525 |
280,609 |
2,493 |
2,130 |
363 |
|
1978 |
442,998 |
128,407 |
314,591 |
440,443 |
126,238 |
314,205 |
2,555 |
2,169 |
386 |
|
1979 |
470,921 |
139,489 |
331,432 |
468,265 |
137,243 |
331,022 |
2,656 |
2,246 |
410 |
|
1980 |
488,901 |
148,096 |
340,805 |
486,142 |
145,764 |
340,378 |
2,759 |
2,332 |
427 |
|
1981 |
545,611 |
167,293 |
378,318 |
542,789 |
165,042 |
377,747 |
2,822 |
2,252 |
570 |
|
1982 |
594,456 |
174,998 |
419,458 |
591,417 |
172,662 |
418,755 |
3,039 |
2,336 |
703 |
|
1983 |
602,848 |
175,143 |
427,705 |
599,822 |
172,843 |
426,979 |
3,026 |
2,300 |
726 |
|
1984 |
604,434 |
168,015 |
436,419 |
601,413 |
165,732 |
435,681 |
3,021 |
2,283 |
738 |
|
1985 |
632,135 |
170,172 |
461,963 |
629,069 |
167,911 |
461,158 |
3,066 |
2,261 |
805 |
|
1986 |
717,627 |
172,642 |
544,985 |
714,563 |
170,431 |
544,132 |
3,063 |
2,210 |
853 |
|
1987 |
733,029 |
163,065 |
569,964 |
729,909 |
160,904 |
569,005 |
3,112 |
2,157 |
955 |
|
1988 |
729,922 |
145,952 |
583,971 |
726,648 |
143,833 |
582,815 |
3,275 |
2,119 |
1,156 |
|
1989 |
731,356 |
132,467 |
598,889 |
728,276 |
130,472 |
597,804 |
3,080 |
1,995 |
1,085 |
|
1990 |
712,308 |
113,062 |
599,245 |
709,404 |
111,251 |
598,153 |
2,904 |
1,812 |
1,092 |
|
1991 |
699,294 |
101,752 |
597,542 |
696,300 |
99,931 |
596,369 |
2,994 |
1,821 |
1,173 |
|
1992 |
708,335 |
88,621 |
619,714 |
705,226 |
86,797 |
618,429 |
3,109 |
1,824 |
1,285 |
|
1993 |
702,097 |
83,596 |
618,501 |
698,918 |
81,737 |
617,180 |
3,179 |
1,859 |
1,320 |
|
1994 |
690,344 |
74,422 |
615,922 |
687,158 |
72,555 |
614,603 |
3,186 |
1,867 |
1,319 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E2: Number of Pension Plans with Fewer Than 100 Participants by type of plan, 1975-1994
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
282,472 |
83,311 |
199,161 |
282,285 |
83,198 |
199,087 |
187 |
113 |
74 |
|
1976 |
329,855 |
93,410 |
236,445 |
329,615 |
93,244 |
236,371 |
240 |
166 |
74 |
|
1977 |
372,010 |
101,258 |
270,752 |
371,719 |
101,038 |
270,681 |
291 |
220 |
71 |
|
1978 |
408,665 |
105,474 |
303,191 |
408,401 |
105,323 |
303,078 |
265 |
151 |
113 |
|
1979 |
435,334 |
116,143 |
319,191 |
435,053 |
115,954 |
319,099 |
281 |
189 |
92 |
|
1980 |
451,046 |
123,591 |
327,455 |
450,740 |
123,340 |
327,400 |
306 |
251 |
55 |
|
1981 |
505,368 |
142,304 |
363,064 |
505,109 |
142,165 |
362,944 |
259 |
139 |
120 |
|
1982 |
552,258 |
149,600 |
402,658 |
551,899 |
149,391 |
402,508 |
359 |
309 |
150 |
|
1983 |
558,146 |
149,164 |
408,982 |
557,847 |
148,955 |
408,892 |
299 |
209 |
90 |
|
1984 |
558,943 |
142,912 |
416,031 |
558,649 |
142,699 |
415,950 |
293 |
213 |
81 |
|
1985 |
583,476 |
145,430 |
438,046 |
583,171 |
145,292 |
437,879 |
305 |
138 |
167 |
|
1986 |
666,669 |
148,168 |
518,501 |
666,424 |
148,005 |
518,419 |
245 |
163 |
82 |
|
1987 |
681,238 |
139,644 |
541,594 |
680,921 |
139,472 |
541,449 |
310 |
169 |
141 |
|
1988 |
675,525 |
123,146 |
552,378 |
675,117 |
122,962 |
552,154 |
408 |
184 |
224 |
|
1989 |
675,706 |
111,048 |
564,658 |
675,470 |
110,941 |
564,529 |
236 |
107 |
129 |
|
1990 |
659,144 |
93,821 |
565,323 |
658,848 |
93,730 |
565,118 |
296 |
91 |
205 |
|
1991 |
645,517 |
83,298 |
562,218 |
645,182 |
83,181 |
562,001 |
334 |
117 |
217 |
|
1992 |
650,282 |
69,883 |
580,399 |
649,924 |
69,778 |
580,146 |
358 |
104 |
253 |
|
1993 |
642,615 |
64,937 |
577,678 |
642,196 |
64,799 |
577,396 |
419 |
137 |
282 |
|
1994 |
628,707 |
56,322 |
572,385 |
628,307 |
56,134 |
572,173 |
399 |
188 |
212 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-1994
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
28,622 |
20,035 |
8,587 |
26,366 |
18,016 |
8,350 |
2,256 |
2,019 |
237 |
|
1976 |
30,125 |
20,560 |
9,565 |
27,906 |
18,615 |
9,291 |
2,219 |
1,945 |
274 |
|
1977 |
30,617 |
20,397 |
10,220 |
28,415 |
18,487 |
9,928 |
2,202 |
1,910 |
292 |
|
1978 |
34,333 |
22,933 |
11,400 |
32,042 |
20,915 |
11,127 |
2,290 |
2,018 |
273 |
|
1979 |
35,587 |
23,346 |
12,241 |
33,212 |
21,289 |
11,923 |
2,375 |
2,057 |
318 |
|
1980 |
37,855 |
24,505 |
13,350 |
35,402 |
22,424 |
12,978 |
2,453 |
2,081 |
372 |
|
1981 |
40,243 |
24,989 |
15,254 |
37,680 |
22,877 |
14,803 |
2,563 |
2,113 |
450 |
|
1982 |
42,198 |
25,398 |
16,800 |
39,518 |
23,271 |
16,247 |
2,680 |
2,127 |
553 |
|
1983 |
44,702 |
25,979 |
18,723 |
41,975 |
23,888 |
18,087 |
2,727 |
2,091 |
636 |
|
1984 |
45,491 |
25,103 |
20,388 |
42,763 |
23,033 |
19,731 |
2,728 |
2,070 |
657 |
|
1985 |
48,658 |
24,742 |
23,917 |
45,897 |
22,619 |
23,279 |
2,761 |
2,123 |
638 |
|
1986 |
50,958 |
24,474 |
26,484 |
48,139 |
22,426 |
25,713 |
2,818 |
2,047 |
771 |
|
1987 |
51,791 |
23,421 |
28,370 |
48,988 |
21,432 |
27,556 |
2,802 |
1,988 |
814 |
|
1988 |
54,397 |
22,805 |
31,593 |
51,530 |
20,870 |
30,661 |
2,867 |
1,935 |
932 |
|
1989 |
55,650 |
21,419 |
34,231 |
52,807 |
19,531 |
33,275 |
2,844 |
1,888 |
956 |
|
1990 |
53,164 |
19,242 |
33,922 |
50,556 |
17,521 |
33,035 |
2,608 |
1,721 |
887 |
|
1991 |
53,777 |
18,454 |
35,324 |
51,118 |
16,750 |
34,368 |
2,660 |
1,704 |
956 |
|
1992 |
58,053 |
18,738 |
39,315 |
55,302 |
17,019 |
38,283 |
2,751 |
1,719 |
1,032 |
|
1993 |
59,482 |
18,660 |
40,822 |
56,722 |
16,938 |
39,784 |
2,760 |
1,722 |
1,038 |
|
1994 |
61,638 |
18,100 |
43,538 |
58,851 |
16,421 |
42,430 |
2,787 |
1,679 |
1,108 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E4: Estimated Private Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans 1975-1994(1)(workers in thousands)
|
Year |
Number of Wage and Salary Workers |
Workers Covered by a Defined Benefit Plan |
Workers Covered by a Defined Benefit Plan |
Workers Covered by a Primary Defined Contribution Plan |
Workers Covered by a Primary Defined Contribution Plan |
Workers Covered by a Supplemental Defined Contribution Plan(s) |
Workers Covered by a Supplemental Defined Contribution Plan(s) |
|---|---|---|---|---|---|---|---|
|
1975 |
68,104 |
26,817 |
39 |
3,921 |
6 |
5,948 |
9 |
|
1976 |
71,117 |
27,119 |
38 |
4,591 |
6 |
6,993 |
10 |
|
1977 |
73,254 |
27,655 |
38 |
5,141 |
7 |
7,623 |
10 |
|
1978 |
75,939 |
28,613 |
38 |
5,424 |
7 |
8,258 |
11 |
|
1979 |
78,058 |
29,008 |
37 |
5,790 |
7 |
9,368 |
12 |
|
1980 |
78,349 |
29,736 |
38 |
6,203 |
8 |
10,134 |
13 |
|
1981 |
80,282 |
29,687 |
37 |
7,224 |
9 |
10,629 |
13 |
|
1982 |
82,318 |
29,361 |
36 |
8,120 |
10 |
12,087 |
15 |
|
1983 |
84,410 |
29,576 |
35 |
9,395 |
11 |
14,191 |
17 |
|
1984 |
86,732 |
29,812 |
34 |
9,902 |
11 |
15,303 |
18 |
|
1985 |
88,293 |
28,894 |
33 |
11,550 |
13 |
16,018 |
18 |
|
1986 |
90,267 |
28,536 |
32 |
12,672 |
14 |
16,188 |
18 |
|
1987 |
91,559 |
28,347 |
31 |
13,437 |
15 |
16,110 |
18 |
|
1988 |
93,012 |
27,864 |
30 |
14,106 |
15 |
15,180 |
16 |
|
1989 |
94,448 |
27,240 |
29 |
15,485 |
16 |
15,242 |
16 |
|
1990 |
94,772 |
26,323 |
28 |
16,116 |
17 |
15,671 |
17 |
|
1991 |
94,959 |
25,701 |
27 |
17,133 |
18 |
15,287 |
16 |
|
1992 |
96,577 |
25,318 |
26 |
19,474 |
20 |
16,300 |
17 |
|
1993 |
97,749 |
25,091 |
26 |
19,780 |
20 |
16,621 |
17 |
|
1994 |
101,077 |
24,590 |
24 |
20,948 |
21 |
16,516 |
16 |
Footnotes
- For workers covered under both a defined benefit and a defined contribution plan, the defined benefit plan is designated as the primary plan unless the plan name indicates benefits are supplemental or limited to past service benefits.
SOURCES: Number of workers taken from Employment and Earnings, Bureau of Labor Statistics, U.S. Department of Labor. These numbers include both employed (full and part-time) and unemployed wage and salary workers. The number of workers in primary and supplemental plans are estimates derived from annual Form 5500 reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E5: Number of Participants in Pension Plans by type of plan, 1975-1994 (numbers in thousands)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
44,511 |
33,004 |
11,507 |
35,724 |
24,514 |
11,210 |
8,787 |
8,490 |
297 |
|
1976 |
47,679 |
34,207 |
13,472 |
39,072 |
25,927 |
13,145 |
8,607 |
8,280 |
327 |
|
1977 |
50,236 |
34,997 |
15,239 |
41,637 |
26,754 |
14,884 |
8,598 |
8,243 |
355 |
|
1978 |
52,371 |
36,103 |
16,268 |
43,665 |
27,762 |
15,903 |
8,707 |
8,341 |
365 |
|
1979 |
55,097 |
36,810 |
18,287 |
46,085 |
28,275 |
17,810 |
9,013 |
8,536 |
477 |
|
1980 |
57,903 |
37,979 |
19,924 |
48,910 |
29,555 |
19,354 |
8,993 |
8,423 |
570 |
|
1981 |
60,564 |
38,903 |
21,661 |
51,326 |
30,331 |
20,995 |
9,238 |
8,572 |
666 |
|
1982 |
63,243 |
38,633 |
24,610 |
54,105 |
30,289 |
23,816 |
9,138 |
8,343 |
794 |
|
1983 |
69,147 |
40,025 |
29,122 |
59,645 |
31,405 |
28,240 |
9,501 |
8,620 |
881 |
|
1984 |
73,895 |
40,980 |
32,915 |
64,244 |
32,329 |
31,915 |
9,651 |
8,651 |
1,000 |
|
1985 |
74,665 |
39,692 |
34,973 |
65,414 |
31,436 |
33,978 |
9,251 |
8,256 |
995 |
|
1986 |
76,672 |
39,989 |
36,682 |
67,069 |
31,676 |
35,392 |
9,603 |
8,313 |
1,290 |
|
1987 |
78,223 |
39,958 |
38,265 |
68,550 |
31,650 |
36,900 |
9,673 |
8,308 |
1,365 |
|
1988 |
77,685 |
40,722 |
36,963 |
67,734 |
32,386 |
35,348 |
9,951 |
8,336 |
1,615 |
|
1989 |
76,405 |
39,958 |
36,447 |
65,964 |
31,248 |
34,716 |
10,441 |
8,710 |
1,731 |
|
1990 |
76,924 |
38,832 |
38,091 |
67,003 |
30,522 |
36,481 |
9,921 |
8,311 |
1,611 |
|
1991 |
77,662 |
39,027 |
38,634 |
67,583 |
30,683 |
36,900 |
10,079 |
8,344 |
1,735 |
|
1992 |
81,914 |
39,531 |
42,383 |
71,783 |
31,395 |
40,388 |
10,131 |
8,136 |
1,995 |
|
1993 |
83,870 |
40,267 |
43,603 |
73,770 |
32,151 |
41,619 |
10,100 |
8,116 |
1,983 |
|
1994 |
85,117 |
40,338 |
44,778 |
74,940 |
32,197 |
42,743 |
10,177 |
8,142 |
2,035 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E6: Number of Participants in Pension Plans With Fewer Than 100 Participants by type of plan, 1975-1994 (numbers in thousands)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
4,080 |
1,552 |
2,528 |
4,066 |
1,543 |
2,524 |
14 |
9 |
4 |
|
1976 |
4,660 |
1,795 |
2,865 |
4,648 |
1,787 |
2,861 |
12 |
8 |
4 |
|
1977 |
5,116 |
1,993 |
3,124 |
5,104 |
1,985 |
3,120 |
12 |
8 |
4 |
|
1978 |
5,143 |
1,828 |
3,316 |
5,127 |
1,820 |
3,307 |
16 |
7 |
9 |
|
1979 |
5,389 |
1,802 |
3,587 |
5,372 |
1,792 |
3,580 |
17 |
10 |
7 |
|
1980 |
5,741 |
1,995 |
3,746 |
5,725 |
1,980 |
3,744 |
17 |
15 |
2 |
|
1981 |
6,298 |
2,154 |
4,143 |
6,283 |
2,148 |
4,135 |
15 |
6 |
9 |
|
1982 |
6,877 |
2,155 |
4,722 |
6,854 |
2,144 |
4,710 |
23 |
11 |
12 |
|
1983 |
6,872 |
2,154 |
4,718 |
6,855 |
2,144 |
4,711 |
17 |
10 |
7 |
|
1984 |
6,886 |
2,013 |
4,873 |
6,869 |
2,013 |
4,856 |
17 |
12 |
5 |
|
1985 |
7,553 |
2,059 |
5,495 |
7,537 |
2,052 |
5,486 |
16 |
8 |
9 |
|
1986 |
7,926 |
2,033 |
5,893 |
7,914 |
2,025 |
5,889 |
12 |
8 |
4 |
|
1987 |
8,413 |
2,008 |
6,405 |
8,400 |
2,000 |
6,400 |
13 |
8 |
5 |
|
1988 |
8,345 |
1,720 |
6,625 |
8,329 |
1,713 |
6,616 |
16 |
8 |
9 |
|
1989 |
8,200 |
1,396 |
6,804 |
8,188 |
1,392 |
6,796 |
12 |
4 |
8 |
|
1990 |
8,268 |
1,279 |
6,989 |
8,251 |
1,275 |
6,976 |
17 |
4 |
13 |
|
1991 |
8,441 |
1,226 |
7,215 |
8,424 |
1,218 |
7,206 |
17 |
8 |
8 |
|
1992 |
9,076 |
1,129 |
7,946 |
9,059 |
1,125 |
7,934 |
17 |
5 |
12 |
|
1993 |
9,087 |
1,030 |
8,057 |
9,067 |
1,024 |
8,043 |
20 |
6 |
14 |
|
1994 |
9,152 |
944 |
8,208 |
9,132 |
935 |
8,197 |
20 |
9 |
11 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E7: Number of Participants in Pension Plans With 100 or More Participants by type of plan, 1975-1994 (numbers in thousands)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
40,431 |
31,452 |
8,979 |
31,658 |
22,971 |
8,686 |
8,773 |
8,480 |
293 |
|
1976 |
43,019 |
32,412 |
10,607 |
34,424 |
24,140 |
10,284 |
8,595 |
8,272 |
323 |
|
1977 |
45,120 |
33,004 |
12,115 |
36,533 |
24,769 |
11,764 |
8,586 |
8,235 |
351 |
|
1978 |
47,228 |
34,275 |
12,953 |
38,537 |
25,941 |
12,596 |
8,691 |
8,334 |
357 |
|
1979 |
49,708 |
35,008 |
14,700 |
40,713 |
26,483 |
14,230 |
8,996 |
8,526 |
470 |
|
1980 |
52,162 |
35,984 |
16,178 |
43,185 |
27,575 |
15,610 |
8,977 |
8,408 |
568 |
|
1981 |
54,266 |
36,748 |
17,518 |
45,043 |
28,183 |
16,861 |
9,223 |
8,565 |
657 |
|
1982 |
56,366 |
36,446 |
19,920 |
47,248 |
28,112 |
19,136 |
9,118 |
8,332 |
785 |
|
1983 |
62,275 |
37,871 |
24,404 |
52,790 |
29,261 |
23,529 |
9,485 |
8,610 |
875 |
|
1984 |
67,009 |
38,967 |
28,042 |
57,375 |
30,316 |
27,059 |
9,634 |
8,640 |
995 |
|
1985 |
67,112 |
37,633 |
29,478 |
57,877 |
29,384 |
28,493 |
9,235 |
8,248 |
986 |
|
1986 |
68,746 |
37,956 |
30,790 |
59,155 |
29,651 |
29,503 |
9,591 |
8,305 |
1,286 |
|
1987 |
69,810 |
37,950 |
31,860 |
60,150 |
29,650 |
30,500 |
9,660 |
8,300 |
1,360 |
|
1988 |
69,340 |
39,002 |
30,338 |
59,404 |
30,673 |
28,732 |
9,935 |
8,326 |
1,606 |
|
1989 |
68,205 |
38,562 |
29,643 |
57,776 |
29,856 |
27,920 |
10,429 |
8,705 |
1,724 |
|
1990 |
68,655 |
37,553 |
31,102 |
58,752 |
29,247 |
29,505 |
9,904 |
8,306 |
1,598 |
|
1991 |
69,221 |
37,801 |
31,420 |
59,157 |
29,465 |
29,694 |
10,063 |
8,336 |
1,727 |
|
1992 |
72,838 |
38,402 |
34,436 |
62,724 |
30,270 |
32,454 |
10,114 |
8,132 |
1,982 |
|
1993 |
74,783 |
39,237 |
35,546 |
64,703 |
31,127 |
33,576 |
10,080 |
8,110 |
1,969 |
|
1994 |
75,964 |
39,394 |
36,570 |
65,807 |
31,262 |
34,546 |
10,157 |
8,133 |
2,024 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E8: Number of Active Participants in Pension Plans by type of plan, 1975-1994(1) (numbers in thousands)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(2) |
Single Employer Plans(2) |
Single Employer Plans(2) |
Multiemployer Plans(3) |
Multiemployer Plans(3) |
Multiemployer Plans(3) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
38,431 |
27,214 |
11,217 |
31,079 |
20,129 |
10,950 |
7,353 |
7,086 |
267 |
|
1976 |
40,723 |
27,520 |
13,203 |
33,627 |
20,728 |
12,899 |
7,096 |
6,792 |
304 |
|
1977 |
42,659 |
28,058 |
14,600 |
35,681 |
21,414 |
14,267 |
6,977 |
6,644 |
333 |
|
1978 |
44,664 |
29,036 |
15,628 |
37,717 |
22,433 |
15,284 |
6,947 |
6,603 |
344 |
|
1979 |
46,929 |
29,440 |
17,489 |
39,799 |
22,757 |
17,041 |
7,130 |
6,683 |
447 |
|
1980 |
49,026 |
30,133 |
18,893 |
42,079 |
23,705 |
18,374 |
6,947 |
6,428 |
519 |
|
1981 |
50,826 |
30,082 |
20,743 |
43,821 |
23,701 |
20,120 |
7,005 |
6,381 |
623 |
|
1982 |
53,204 |
29,756 |
23,448 |
46,344 |
23,630 |
22,714 |
6,860 |
6,126 |
734 |
|
1983 |
57,808 |
29,964 |
27,844 |
50,911 |
23,877 |
27,034 |
6,897 |
6,087 |
810 |
|
1984 |
60,775 |
30,172 |
30,603 |
54,044 |
24,315 |
29,729 |
6,732 |
5,857 |
875 |
|
1985 |
62,268 |
29,024 |
33,244 |
55,778 |
23,465 |
32,313 |
6,491 |
5,559 |
931 |
|
1986 |
63,290 |
28,670 |
34,620 |
56,723 |
23,270 |
33,453 |
6,566 |
5,400 |
1,167 |
|
1987 |
63,392 |
28,432 |
34,959 |
56,846 |
23,170 |
33,676 |
6,546 |
5,262 |
1,284 |
|
1988 |
62,142 |
28,081 |
34,062 |
55,464 |
22,867 |
32,596 |
6,678 |
5,213 |
1,465 |
|
1989 |
61,294 |
27,304 |
33,990 |
54,300 |
21,892 |
32,408 |
6,994 |
5,412 |
1,582 |
|
1990 |
61,831 |
26,344 |
35,488 |
55,409 |
21,386 |
34,022 |
6,422 |
4,957 |
1,465 |
|
1991 |
61,517 |
25,747 |
35,771 |
55,048 |
20,833 |
34,215 |
6,469 |
4,914 |
1,555 |
|
1992 |
64,231 |
25,362 |
38,868 |
57,940 |
20,771 |
37,170 |
6,290 |
4,592 |
1,699 |
|
1993 |
64,746 |
25,127 |
39,619 |
58,596 |
20,670 |
37,926 |
6,150 |
4,458 |
1,692 |
|
1994 |
64,972 |
24,615 |
40,357 |
58,889 |
20,215 |
38,674 |
6,083 |
4,400 |
1,682 |
Footnotes
- Active participants include any workers currently in employment covered by a plan and who are earning or retaining credited service under a plan. Active participants also include nonvested former employees who have not yet incurred a break in service.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: The number of participants includes double counting of workers in more than one plan.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-1994 (numbers in thousands)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
4,032 |
1,524 |
2,508 |
4,018 |
1,514 |
2,504 |
14 |
10 |
4 |
|
1976 |
4,527 |
1,704 |
2,823 |
4,516 |
1,697 |
2,819 |
12 |
8 |
4 |
|
1977 |
4,885 |
1,835 |
3,050 |
4,874 |
1,828 |
3,046 |
11 |
7 |
4 |
|
1978 |
4,934 |
1,675 |
3,259 |
4,918 |
1,668 |
3,250 |
16 |
7 |
9 |
|
1979 |
5,103 |
1,641 |
3,462 |
5,087 |
1,632 |
3,455 |
16 |
8 |
7 |
|
1980 |
5,406 |
1,828 |
3,578 |
5,392 |
1,816 |
3,576 |
14 |
12 |
2 |
|
1981 |
5,996 |
1,957 |
4,039 |
5,982 |
1,952 |
4,031 |
14 |
5 |
8 |
|
1982 |
6,463 |
1,974 |
4,489 |
6,447 |
1,966 |
4,481 |
16 |
8 |
8 |
|
1983 |
6,381 |
1,861 |
4,520 |
6,365 |
1,852 |
4,513 |
15 |
9 |
6 |
|
1984 |
6,591 |
1,841 |
4,750 |
6,576 |
1,831 |
4,745 |
16 |
11 |
5 |
|
1985 |
7,227 |
1,880 |
5,348 |
7,213 |
1,874 |
5,340 |
14 |
6 |
8 |
|
1986 |
7,583 |
1,849 |
5,734 |
7,573 |
1,843 |
5,731 |
10 |
7 |
3 |
|
1987 |
7,793 |
1,672 |
6,121 |
7,778 |
1,666 |
6,113 |
15 |
6 |
8 |
|
1988 |
7,715 |
1,525 |
6,189 |
7,699 |
1,519 |
6,180 |
16 |
6 |
10 |
|
1989 |
8,033 |
1,301 |
6,731 |
8,022 |
1,297 |
6,725 |
11 |
4 |
7 |
|
1990 |
7,944 |
1,162 |
6,783 |
7,928 |
1,158 |
6,770 |
16 |
4 |
13 |
|
1991 |
8,183 |
1,114 |
7,069 |
8,167 |
1,107 |
7,061 |
16 |
7 |
9 |
|
1992 |
7,707 |
1,022 |
7,685 |
8,692 |
1,019 |
7,673 |
15 |
4 |
12 |
|
1993 |
8,727 |
935 |
7,792 |
8,709 |
930 |
7,779 |
18 |
5 |
13 |
|
1994 |
8,790 |
856 |
7,935 |
8,771 |
847 |
7,924 |
19 |
9 |
10 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: The number of participants includes double counting of workers in more than one plan.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E10: Number of Active Participants in Pension Plans with 100 or More Participants by type of plan, 1975-1994 (numbers in thousands)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
34,399 |
25,691 |
8,709 |
27,061 |
18,615 |
8,446 |
7,338 |
7,076 |
263 |
|
1976 |
36,195 |
25,815 |
10,380 |
29,111 |
19,031 |
10,080 |
7,084 |
6,784 |
300 |
|
1977 |
37,774 |
26,223 |
11,551 |
30,807 |
19,586 |
11,221 |
6,966 |
6,637 |
329 |
|
1978 |
39,730 |
27,361 |
12,369 |
32,798 |
20,765 |
12,033 |
6,931 |
6,596 |
335 |
|
1979 |
41,826 |
27,779 |
14,027 |
34,712 |
21,125 |
13,586 |
7,115 |
6,675 |
440 |
|
1980 |
43,620 |
28,305 |
15,315 |
36,687 |
21,889 |
14,798 |
6,933 |
6,416 |
517 |
|
1981 |
44,830 |
28,125 |
16,704 |
37,839 |
21,749 |
16,090 |
6,991 |
6,376 |
615 |
|
1982 |
46,741 |
27,782 |
18,959 |
39,897 |
21,664 |
18,233 |
6,844 |
6,118 |
726 |
|
1983 |
51,428 |
28,104 |
23,324 |
44,546 |
22,025 |
22,520 |
6,882 |
6,078 |
804 |
|
1984 |
54,184 |
28,331 |
25,853 |
47,468 |
22,484 |
24,984 |
6,716 |
5,846 |
870 |
|
1985 |
55,041 |
27,145 |
27,896 |
48,564 |
21,591 |
26,973 |
6,476 |
5,553 |
923 |
|
1986 |
55,706 |
26,820 |
28,886 |
49,150 |
21,427 |
27,723 |
6,556 |
5,393 |
1,163 |
|
1987 |
55,599 |
26,760 |
28,838 |
49,067 |
21,504 |
27,563 |
6,531 |
5,256 |
1,275 |
|
1988 |
54,428 |
26,555 |
27,872 |
47,765 |
21,348 |
26,417 |
6,663 |
5,207 |
1,456 |
|
1989 |
53,262 |
26,004 |
27,258 |
46,278 |
20,595 |
25,683 |
6,983 |
5,409 |
1,574 |
|
1990 |
53,887 |
25,182 |
28,705 |
47,481 |
20,228 |
27,252 |
6,406 |
4,954 |
1,453 |
|
1991 |
53,334 |
24,633 |
28,701 |
46,881 |
19,726 |
27,155 |
6,453 |
4,907 |
1,546 |
|
1992 |
55,224 |
24,340 |
31,184 |
49,249 |
19,752 |
29,497 |
6,275 |
4,588 |
1,687 |
|
1993 |
56,019 |
24,192 |
31,827 |
49,887 |
19,739 |
30,148 |
6,132 |
4,453 |
1,679 |
|
1994 |
56,181 |
23,759 |
32,422 |
50,118 |
19,368 |
30,750 |
6,064 |
4,392 |
1,672 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: The number of participants includes double counting of workers in more than one plan.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E11: Pension Plan Assets by type of plan, 1975-1994(1) (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$259,963 |
$185,950 |
$74,013 |
$237,308 |
$163,984 |
$73,323 |
$22,655 |
$21,966 |
$687 |
|
1976 |
298,440 |
216,283 |
82,157 |
271,583 |
190,389 |
81,194 |
26,857 |
25,894 |
963 |
|
1977 |
325,074 |
233,609 |
91,465 |
295,179 |
204,781 |
90,399 |
29,895 |
28,829 |
1,066 |
|
1978 |
377,195 |
272,684 |
104,511 |
343,183 |
239,884 |
103,299 |
34,012 |
32,800 |
1,211 |
|
1979 |
445,430 |
319,595 |
125,835 |
404,724 |
280,326 |
124,398 |
40,706 |
39,269 |
1,437 |
|
1980 |
563,551 |
401,455 |
162,096 |
514,583 |
353,967 |
160,616 |
48,968 |
47,488 |
1,480 |
|
1981 |
628,916 |
444,376 |
184,540 |
572,101 |
389,846 |
182,615 |
56,814 |
54,890 |
1,924 |
|
1982 |
788,987 |
553,419 |
235,567 |
716,281 |
483,536 |
232,744 |
72,706 |
69,883 |
2,823 |
|
1983 |
923,470 |
642,359 |
281,111 |
843,693 |
566,369 |
277,323 |
79,777 |
75,990 |
3,788 |
|
1984 |
1,044,592 |
700,669 |
343,922 |
947,373 |
608,703 |
338,670 |
97,212 |
91,966 |
5,246 |
|
1985 |
1,252,739 |
826,117 |
426,622 |
1,136,417 |
716,107 |
420,310 |
116,322 |
110,010 |
6,312 |
|
1986 |
1,382,910 |
895,073 |
487,837 |
1,251,034 |
772,205 |
478,830 |
131,876 |
122,868 |
9,008 |
|
1987 |
1,402,488 |
877,269 |
525,219 |
1,266,694 |
751,475 |
515,219 |
135,794 |
125,794 |
10,000 |
|
1988 |
1,503,635 |
911,982 |
591,653 |
1,351,845 |
772,381 |
579,464 |
151,790 |
139,601 |
12,189 |
|
1989 |
1,675,597 |
987,971 |
687,626 |
1,505,319 |
832,148 |
673,171 |
170,278 |
155,822 |
14,455 |
|
1990 |
1,674,139 |
961,904 |
712,236 |
1,496,300 |
798,167 |
698,133 |
177,839 |
163,737 |
14,102 |
|
1991 |
1,936,271 |
1,101,987 |
834,284 |
1,743,190 |
926,424 |
816,766 |
193,080 |
175,562 |
17,518 |
|
1992 |
2,094,087 |
1,146,798 |
947,289 |
1,879,033 |
955,621 |
923,412 |
215,053 |
191,177 |
23,877 |
|
1993 |
2,316,272 |
1,248,180 |
1,068,092 |
2,091,468 |
1,049,915 |
1,041,553 |
224,804 |
198,265 |
26,540 |
|
1994 |
2,298,556 |
1,210,856 |
1,087,700 |
2,070,804 |
1,010,275 |
1,060,529 |
227,752 |
200,581 |
27,171 |
Footnotes
- Asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded funds make up roughly 10 to l5 percent of Total private pension plan assets.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-1994(1) (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$32,308 |
$8,781 |
$23,527 |
$32,272 |
$8,747 |
$23,524 |
$37 |
$34 |
$2 |
|
1976 |
35,369 |
10,329 |
25,039 |
35,233 |
10,223 |
25,010 |
136 |
107 |
29 |
|
1977 |
42,953 |
12,459 |
30,494 |
42,828 |
12,368 |
30,463 |
124 |
92 |
32 |
|
1978 |
52,023 |
15,661 |
36,362 |
51,727 |
15,471 |
36,255 |
297 |
190 |
106 |
|
1979 |
64,021 |
19,498 |
44,523 |
63,725 |
19,271 |
44,453 |
296 |
227 |
69 |
|
1980 |
86,785 |
31,498 |
55,287 |
86,101 |
30,872 |
55,229 |
684 |
626 |
58 |
|
1981 |
104,006 |
38,792 |
65,214 |
103,220 |
38,081 |
65,139 |
785 |
711 |
74 |
|
1982 |
129,263 |
46,971 |
82,292 |
128,895 |
46,649 |
82,246 |
369 |
323 |
46 |
|
1983 |
155,214 |
60,594 |
94,620 |
154,626 |
60,064 |
94,562 |
588 |
530 |
58 |
|
1984 |
176,847 |
62,904 |
113,943 |
176,103 |
62,231 |
113,873 |
743 |
673 |
70 |
|
1985 |
211,665 |
67,745 |
143,920 |
210,666 |
66,878 |
143,789 |
999 |
867 |
132 |
|
1986 |
232,718 |
66,276 |
166,442 |
231,481 |
65,132 |
166,350 |
1,237 |
1,143 |
93 |
|
1987 |
228,244 |
65,232 |
163,012 |
227,048 |
64,277 |
162,771 |
1,196 |
955 |
241 |
|
1988 |
240,867 |
54,652 |
186,215 |
239,393 |
53,389 |
186,004 |
1,474 |
1,263 |
211 |
|
1989 |
236,459 |
44,570 |
191,889 |
236,016 |
44,243 |
191,773 |
443 |
327 |
116 |
|
1990 |
242,068 |
44,192 |
197,876 |
241,224 |
43,599 |
197,624 |
844 |
592 |
252 |
|
1991 |
264,329 |
40,161 |
224,168 |
263,967 |
40,033 |
223,934 |
362 |
128 |
234 |
|
1992 |
261,359 |
30,396 |
230,963 |
260,922 |
30,199 |
230,723 |
437 |
197 |
239 |
|
1993 |
291,912 |
33,166 |
258,746 |
291,238 |
32,770 |
258,468 |
675 |
396 |
278 |
|
1994 |
278,555 |
25,384 |
253,171 |
277,644 |
24,687 |
252,958 |
911 |
698 |
213 |
Footnotes
- Asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded funds make up roughly 10 to l5 percent of Total private pension plan assets.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-1994(1) (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$227,655 |
$177,169 |
$50,486 |
$205,036 |
$155,237 |
$49,799 |
$22,619 |
$21,932 |
$687 |
|
1976 |
263,071 |
205,954 |
57,118 |
236,350 |
180,166 |
56,184 |
26,721 |
25,787 |
934 |
|
1977 |
282,121 |
221,150 |
60,971 |
252,350 |
192,413 |
59,936 |
29,771 |
28,737 |
1,034 |
|
1978 |
325,172 |
257,023 |
68,149 |
291,456 |
224,413 |
67,044 |
33,715 |
32,610 |
1,105 |
|
1979 |
381,409 |
300,097 |
81,312 |
340,999 |
261,055 |
79,945 |
40,410 |
39,042 |
1,368 |
|
1980 |
476,766 |
369,957 |
106,809 |
428,482 |
323,095 |
105,387 |
48,284 |
46,862 |
1,422 |
|
1981 |
524,910 |
405,584 |
119,326 |
468,881 |
351,405 |
117,476 |
56,029 |
54,179 |
1,850 |
|
1982 |
659,724 |
506,448 |
153,276 |
587,386 |
436,887 |
150,499 |
72,337 |
69,560 |
2,777 |
|
1983 |
768,256 |
581,765 |
186,491 |
689,066 |
506,305 |
182,761 |
79,190 |
75,460 |
3,730 |
|
1984 |
867,745 |
637,765 |
229,979 |
771,270 |
546,472 |
224,797 |
96,469 |
91,293 |
5,176 |
|
1985 |
1,041,074 |
758,372 |
282,702 |
925,751 |
649,229 |
276,521 |
115,523 |
109,143 |
6,180 |
|
1986 |
1,150,192 |
828,797 |
321,395 |
1,019,553 |
707,073 |
312,480 |
130,639 |
121,725 |
8,915 |
|
1987 |
1,174,244 |
812,037 |
362,207 |
1,039,646 |
687,198 |
352,448 |
134,598 |
124,839 |
9,759 |
|
1988 |
1,262,768 |
857,330 |
405,438 |
1,112,452 |
718,992 |
393,460 |
150,316 |
138,338 |
11,978 |
|
1989 |
1,439,138 |
943,401 |
495,737 |
1,269,303 |
787,905 |
481,398 |
169,835 |
155,496 |
14,339 |
|
1990 |
1,432,072 |
917,712 |
514,360 |
1,255,076 |
754,567 |
500,509 |
176,995 |
163,145 |
13,851 |
|
1991 |
1,671,942 |
1,061,826 |
610,116 |
1,479,224 |
886,391 |
592,832 |
192,718 |
175,434 |
17,284 |
|
1992 |
1,832,728 |
1,116,401 |
716,326 |
1,618,111 |
925,422 |
692,689 |
214,617 |
190,979 |
23,637 |
|
1993 |
2,024,360 |
1,215,014 |
809,346 |
1,800,230 |
1,017,145 |
783,085 |
224,130 |
197,869 |
26,261 |
|
1994 |
2,020,001 |
1,185,471 |
834,529 |
1,793,159 |
985,588 |
807,572 |
226,841 |
199,884 |
26,958 |
Footnotes
- Asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded funds make up roughly 10 to l5 percent of Total private pension plan assets.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E14: Pension Plan Contributions by type of plan, 1975-1994 (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$37,061 |
$24,242 |
$12,819 |
$32,970 |
$20,268 |
$12,207 |
$4,091 |
$3,974 |
$117 |
|
1976 |
42,780 |
28,540 |
14,240 |
38,161 |
24,073 |
14,088 |
4,619 |
4,467 |
152 |
|
1977 |
47,061 |
31,197 |
15,864 |
41,931 |
26,229 |
15,702 |
5,130 |
4,968 |
162 |
|
1978 |
55,943 |
37,591 |
18,353 |
49,793 |
31,602 |
18,191 |
6,151 |
5,989 |
162 |
|
1979 |
61,279 |
40,585 |
20,694 |
54,217 |
33,738 |
20,479 |
7,061 |
6,847 |
214 |
|
1980 |
66,157 |
42,626 |
23,531 |
58,718 |
35,524 |
23,194 |
7,439 |
7,102 |
337 |
|
1981 |
75,374 |
46,985 |
28,389 |
67,191 |
39,187 |
28,004 |
8,183 |
7,798 |
385 |
|
1982 |
79,502 |
48,438 |
31,064 |
71,320 |
40,807 |
30,513 |
8,182 |
7,631 |
551 |
|
1983 |
82,447 |
46,313 |
36,134 |
74,022 |
38,677 |
35,345 |
8,425 |
7,636 |
789 |
|
1984 |
90,625 |
47,197 |
43,428 |
81,553 |
38,990 |
42,563 |
9,072 |
8,207 |
865 |
|
1985 |
95,188 |
41,996 |
53,192 |
85,927 |
33,794 |
52,133 |
9,261 |
8,202 |
1,059 |
|
1986 |
91,503 |
33,161 |
58,342 |
82,190 |
25,142 |
57,049 |
9,313 |
8,020 |
1,293 |
|
1987 |
92,070 |
29,793 |
62,277 |
82,834 |
21,993 |
60,841 |
9,235 |
7,800 |
1,436 |
|
1988 |
91,248 |
26,300 |
64,948 |
81,612 |
18,352 |
63,261 |
9,636 |
7,948 |
1,688 |
|
1989 |
97,920 |
24,723 |
73,197 |
88,049 |
16,684 |
71,365 |
9,871 |
8,039 |
1,832 |
|
1990 |
98,792 |
23,026 |
75,766 |
89,834 |
15,709 |
74,125 |
8,958 |
7,317 |
1,641 |
|
1991 |
111,124 |
30,146 |
80,978 |
102,224 |
22,952 |
79,272 |
8,899 |
7,194 |
1,705 |
|
1992 |
128,795 |
35,174 |
93,621 |
119,682 |
27,964 |
91,718 |
9,114 |
7,210 |
1,904 |
|
1993 |
153,642 |
52,123 |
101,519 |
143,944 |
44,521 |
99,423 |
9,698 |
7,602 |
2,096 |
|
1994 |
144,353 |
39,031 |
105,322 |
133,844 |
30,829 |
103,015 |
10,509 |
8,203 |
2,307 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: Includes both employer and employee contributions.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E15: Pension Plan Contributions to Plans with Fewer Than 100 Participants by type of plan, 1975-1994 (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$6,504 |
$1,775 |
$4,729 |
$6,502 |
$1,733 |
$4,728 |
$3 |
$2 |
$1 |
|
1976 |
7,156 |
2,295 |
4,861 |
7,136 |
2,278 |
4,858 |
20 |
17 |
3 |
|
1977 |
8,236 |
2,616 |
5,620 |
8,213 |
2,598 |
5,615 |
22 |
18 |
5 |
|
1978 |
9,644 |
3,303 |
6,342 |
9,602 |
3,271 |
6,330 |
43 |
31 |
12 |
|
1979 |
11,542 |
4,323 |
7,219 |
11,495 |
4,290 |
7,205 |
46 |
33 |
13 |
|
1980 |
13,545 |
5,870 |
7,675 |
13,490 |
5,830 |
7,660 |
55 |
40 |
15 |
|
1981 |
16,406 |
7,163 |
9,242 |
16,304 |
7,079 |
9,225 |
101 |
84 |
17 |
|
1982 |
16,094 |
7,672 |
9,422 |
16,047 |
7,641 |
9,406 |
47 |
31 |
16 |
|
1983 |
17,357 |
7,593 |
9,764 |
17,288 |
7,537 |
9,751 |
69 |
56 |
13 |
|
1984 |
18,561 |
7,850 |
10,712 |
18,487 |
7,788 |
10,700 |
74 |
62 |
12 |
|
1985 |
21,575 |
7,404 |
14,171 |
21,489 |
7,339 |
14,150 |
86 |
65 |
21 |
|
1986 |
21,543 |
5,659 |
15,884 |
21,475 |
5,607 |
15,868 |
68 |
52 |
16 |
|
1987 |
19,963 |
4,296 |
15,667 |
19,895 |
4,239 |
15,656 |
67 |
57 |
11 |
|
1988 |
18,964 |
3,015 |
15,948 |
18,909 |
2,981 |
15,929 |
54 |
34 |
20 |
|
1989 |
20,995 |
2,763 |
18,232 |
20,961 |
2,742 |
18,219 |
34 |
21 |
13 |
|
1990 |
21,687 |
2,608 |
19,079 |
21,642 |
2,590 |
19,052 |
44 |
18 |
26 |
|
1991 |
21,908 |
2,420 |
19,488 |
21,881 |
2,413 |
19,468 |
27 |
7 |
21 |
|
1992 |
25,214 |
2,229 |
22,985 |
25,185 |
2,223 |
22,962 |
29 |
6 |
23 |
|
1993 |
25,959 |
2,451 |
23,508 |
25,904 |
2,418 |
23,486 |
55 |
33 |
22 |
|
1994 |
23,933 |
1,918 |
22,015 |
23,688 |
1,693 |
21,995 |
245 |
225 |
20 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: Includes both employer and employee contributions.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E16: Pension Plan Contributions to Plans with 100 or More Participants by type of plan, 1975-1994 (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$30,557 |
$22,466 |
$8,090 |
$26,468 |
$18,494 |
$7,974 |
$4,088 |
$3,972 |
$116 |
|
1976 |
35,624 |
26,245 |
9,379 |
31,025 |
21,795 |
9,230 |
4,599 |
4,450 |
149 |
|
1977 |
38,825 |
28,580 |
10,244 |
33,718 |
23,631 |
10,087 |
5,107 |
4,950 |
157 |
|
1978 |
46,299 |
34,288 |
12,010 |
40,191 |
28,331 |
11,861 |
6,108 |
5,958 |
150 |
|
1979 |
49,737 |
36,262 |
13,475 |
42,722 |
29,448 |
13,274 |
7,015 |
6,814 |
201 |
|
1980 |
52,612 |
36,756 |
15,856 |
45,228 |
29,694 |
15,534 |
7,384 |
7,062 |
322 |
|
1981 |
58,968 |
39,822 |
19,147 |
50,887 |
32,108 |
18,779 |
8,082 |
7,714 |
368 |
|
1982 |
62,408 |
40,766 |
21,642 |
54,273 |
33,166 |
21,108 |
8,135 |
7,600 |
535 |
|
1983 |
65,090 |
38,720 |
26,370 |
56,734 |
31,140 |
25,594 |
8,356 |
7,580 |
776 |
|
1984 |
72,064 |
39,347 |
32,717 |
63,066 |
31,203 |
31,863 |
8,997 |
8,145 |
853 |
|
1985 |
73,613 |
34,592 |
39,021 |
64,438 |
26,455 |
37,983 |
9,175 |
8,137 |
1,038 |
|
1986 |
69,960 |
27,502 |
42,458 |
60,715 |
19,535 |
41,180 |
9,245 |
7,968 |
1,277 |
|
1987 |
72,107 |
25,497 |
46,610 |
62,939 |
17,754 |
45,185 |
9,168 |
7,743 |
1,425 |
|
1988 |
72,286 |
23,285 |
49,000 |
62,703 |
15,371 |
47,332 |
9,582 |
7,914 |
1,668 |
|
1989 |
76,925 |
21,960 |
54,965 |
67,088 |
13,942 |
53,146 |
9,837 |
8,018 |
1,819 |
|
1990 |
77,105 |
20,418 |
56,687 |
68,192 |
13,119 |
55,073 |
8,914 |
7,299 |
1,614 |
|
1991 |
89,215 |
27,726 |
61,489 |
80,343 |
20,539 |
59,804 |
8,872 |
7,187 |
1,684 |
|
1992 |
103,581 |
32,945 |
70,636 |
94,497 |
25,741 |
68,756 |
9,084 |
7,204 |
1,880 |
|
1993 |
127,683 |
49,672 |
78,011 |
118,040 |
42,103 |
75,937 |
9,643 |
7,569 |
2,074 |
|
1994 |
120,420 |
37,113 |
83,307 |
110,155 |
29,135 |
81,020 |
10,265 |
7,978 |
2,287 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Note: Includes both employer and employee contributions.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E17: Pension Plan Benefits Disbursed by type of plan, 1975-1994(1) (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$19,065 |
$12,903 |
$6,161 |
$16,559 |
$10,457 |
$6,102 |
$2,505 |
$2,446 |
$60 |
|
1976 |
20,980 |
13,994 |
6,986 |
18,008 |
11,101 |
6,907 |
2,972 |
2,893 |
79 |
|
1977 |
22,950 |
15,249 |
7,702 |
19,957 |
12,353 |
7,604 |
2,993 |
2,896 |
98 |
|
1978 |
26,516 |
17,661 |
8,855 |
23,333 |
14,485 |
8,748 |
3,283 |
3,176 |
108 |
|
1979 |
28,680 |
18,688 |
9,991 |
25,272 |
15,386 |
9,886 |
3,408 |
3,302 |
106 |
|
1980 |
35,280 |
22,148 |
13,132 |
31,485 |
18,524 |
12,961 |
3,795 |
3,624 |
171 |
|
1981 |
44,753 |
27,334 |
17,420 |
40,281 |
22,987 |
17,294 |
4,473 |
4,347 |
125 |
|
1982 |
55,307 |
33,875 |
21,432 |
50,219 |
28,957 |
21,263 |
5,088 |
4,918 |
170 |
|
1983 |
65,333 |
36,976 |
28,357 |
59,547 |
31,507 |
28,040 |
5,786 |
5,469 |
317 |
|
1984 |
79,086 |
46,513 |
32,573 |
72,510 |
40,269 |
32,241 |
6,576 |
6,244 |
332 |
|
1985 |
101,898 |
54,466 |
47,432 |
94,792 |
47,801 |
46,991 |
7,106 |
6,665 |
441 |
|
1986 |
130,483 |
67,974 |
62,509 |
122,613 |
60,612 |
62,000 |
7,870 |
7,361 |
579 |
|
1987 |
122,254 |
66,241 |
56,013 |
113,834 |
58,345 |
55,489 |
8,420 |
7,896 |
524 |
|
1988 |
118,645 |
60,450 |
58,195 |
109,446 |
51,910 |
57,535 |
9,200 |
8,540 |
660 |
|
1989 |
132,049 |
66,707 |
65,342 |
121,750 |
57,236 |
64,514 |
10,299 |
9,471 |
828 |
|
1990 |
129,405 |
66,363 |
63,042 |
118,227 |
56,079 |
62,147 |
11,178 |
10,284 |
894 |
|
1991 |
135,552 |
71,503 |
64,048 |
123,986 |
61,081 |
62,904 |
11,566 |
10,422 |
1,144 |
|
1992 |
152,441 |
77,853 |
74,588 |
139,247 |
66,287 |
72,960 |
13,194 |
11,566 |
1,628 |
|
1993 |
156,305 |
79,093 |
77,212 |
142,471 |
66,847 |
75,625 |
13,834 |
12,246 |
1,587 |
|
1994 |
163,934 |
82,625 |
81,309 |
149,035 |
69,417 |
79,617 |
14,899 |
13,207 |
1,692 |
Footnotes
- Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E18: Pension Plan Benefits Disbursed From Plans with Fewer than 100 Participants by type of plan, 1975-1994(1) (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$2,147 |
$886 |
$1,261 |
$2,143 |
$882 |
$1,261 |
$4 |
$4 |
$1 |
|
1976 |
2,407 |
931 |
1,476 |
2,395 |
921 |
1,474 |
12 |
10 |
2 |
|
1977 |
2,720 |
1,043 |
1,678 |
2,683 |
1,007 |
1,675 |
38 |
35 |
2 |
|
1978 |
3,387 |
1,292 |
2,095 |
3,356 |
1,271 |
2,085 |
31 |
21 |
10 |
|
1979 |
3,614 |
1,442 |
2,171 |
3,586 |
1,420 |
2,166 |
28 |
23 |
5 |
|
1980 |
5,123 |
2,076 |
3,047 |
5,086 |
2,044 |
3,042 |
37 |
32 |
5 |
|
1981 |
6,991 |
2,789 |
4,203 |
6,940 |
2,740 |
4,200 |
52 |
49 |
2 |
|
1982 |
10,736 |
5,782 |
4,954 |
10,679 |
5,736 |
4,943 |
56 |
46 |
10 |
|
1983 |
11,649 |
4,213 |
7,436 |
11,580 |
4,149 |
7,431 |
70 |
65 |
6 |
|
1984 |
14,311 |
6,290 |
8,021 |
14,237 |
6,225 |
8,012 |
74 |
65 |
9 |
|
1985 |
22,493 |
8,936 |
13,557 |
22,403 |
8,872 |
13,531 |
90 |
63 |
26 |
|
1986 |
38,484 |
14,730 |
24,527 |
38,355 |
14,604 |
23,749 |
129 |
125 |
5 |
|
1987 |
34,584 |
14,796 |
19,788 |
34,425 |
14,665 |
19,760 |
159 |
131 |
28 |
|
1988 |
33,718 |
12,069 |
21,649 |
33,657 |
12,018 |
21,639 |
61 |
51 |
10 |
|
1989 |
37,063 |
12,369 |
24,694 |
36,914 |
12,252 |
24,662 |
149 |
117 |
32 |
|
1990 |
34,238 |
10,798 |
23,439 |
34,098 |
10,737 |
23,361 |
139 |
61 |
78 |
|
1991 |
30,601 |
9,489 |
21,112 |
30,532 |
9,448 |
21,083 |
69 |
41 |
28 |
|
1992 |
30,763 |
7,929 |
22,834 |
30,720 |
7,912 |
22,808 |
43 |
17 |
26 |
|
1993 |
29,230 |
6,660 |
22,570 |
29,129 |
6,582 |
22,547 |
100 |
77 |
23 |
|
1994 |
25,900 |
4,860 |
21,040 |
25,743 |
4,737 |
21,007 |
157 |
124 |
33 |
Footnotes
- Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E19: Pension Plan Benefits Disbursed From Plans with 100 or More Participants by type of plan, 1975-1994(1) (amounts in millions)
|
Year |
Total Plans |
Total Plans |
Total Plans |
Single Employer Plans(1) |
Single Employer Plans(1) |
Single Employer Plans(1) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
Multiemployer Plans(2) |
|---|---|---|---|---|---|---|---|---|---|
|
1975 |
$16,918 |
$12,017 |
$4,901 |
$14,416 |
$9,575 |
$4,841 |
$2,501 |
$2,442 |
$60 |
|
1976 |
18,573 |
13,063 |
5,510 |
15,613 |
10,180 |
5,433 |
2,960 |
2,883 |
77 |
|
1977 |
20,230 |
14,206 |
6,024 |
17,274 |
11,345 |
5,929 |
2,956 |
2,860 |
95 |
|
1978 |
23,129 |
16,369 |
6,760 |
19,877 |
13,214 |
6,663 |
3,252 |
3,155 |
97 |
|
1979 |
25,066 |
17,246 |
7,820 |
21,686 |
13,966 |
7,720 |
3,380 |
3,279 |
101 |
|
1980 |
30,157 |
20,072 |
10,085 |
26,399 |
16,480 |
9,919 |
3,758 |
3,592 |
166 |
|
1981 |
37,762 |
24,545 |
13,217 |
33,341 |
20,247 |
13,094 |
4,421 |
4,298 |
123 |
|
1982 |
44,571 |
28,093 |
16,478 |
39,540 |
23,221 |
16,319 |
5,032 |
4,872 |
160 |
|
1983 |
55,693 |
32,763 |
22,920 |
47,967 |
27,358 |
20,609 |
5,715 |
5,404 |
311 |
|
1984 |
64,775 |
40,223 |
24,552 |
58,273 |
34,044 |
24,229 |
6,502 |
6,179 |
322 |
|
1985 |
79,405 |
45,530 |
33,875 |
72,389 |
38,929 |
33,460 |
7,016 |
6,602 |
415 |
|
1986 |
91,999 |
53,244 |
38,754 |
84,258 |
46,008 |
38,250 |
7,741 |
7,236 |
504 |
|
1987 |
87,680 |
51,445 |
36,225 |
79,409 |
43,680 |
35,729 |
8,262 |
7,765 |
496 |
|
1988 |
84,926 |
48,381 |
36,546 |
75,787 |
39,892 |
35,896 |
9,139 |
8,489 |
650 |
|
1989 |
94,987 |
54,339 |
40,648 |
84,836 |
44,984 |
39,852 |
10,151 |
9,355 |
796 |
|
1990 |
95,167 |
55,564 |
39,603 |
84,128 |
45,342 |
38,786 |
11,039 |
10,222 |
816 |
|
1991 |
104,951 |
62,014 |
42,937 |
93,454 |
51,633 |
41,821 |
11,497 |
10,381 |
1,116 |
|
1992 |
121,678 |
69,924 |
51,755 |
108,527 |
58,374 |
50,153 |
13,151 |
11,549 |
1,602 |
|
1993 |
127,076 |
72,433 |
54,643 |
113,342 |
60,264 |
53,078 |
13,734 |
12,169 |
1,565 |
|
1994 |
138,034 |
77,764 |
60,269 |
123,291 |
64,681 |
58,611 |
14,742 |
13,084 |
1,659 |
Footnotes
- Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
- Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E20: Percent Distribution of Active Participants in Plans with 100 or More Participants by vesting status, 1975-1994
|
Year |
All Plans |
All Plans |
All Plans |
All Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Contribution Plans |
Defined Contribution Plans |
Defined Contribution Plans |
Defined Contribution Plans |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
1975 |
100 |
38 |
(1) |
62 |
100 |
36 |
(1) |
64 |
100 |
44 |
(1) |
56 |
|
1977 |
100 |
46 |
12 |
43 |
100 |
40 |
6 |
55 |
100 |
59 |
24 |
17 |
|
1978 |
100 |
46 |
12 |
43 |
100 |
40 |
6 |
55 |
100 |
58 |
25 |
17 |
|
1979 |
100 |
46 |
12 |
42 |
100 |
40 |
6 |
54 |
100 |
58 |
25 |
17 |
|
1980 |
100 |
45 |
12 |
42 |
100 |
38 |
6 |
56 |
100 |
58 |
25 |
17 |
|
1981 |
100 |
46 |
13 |
41 |
100 |
40 |
6 |
55 |
100 |
58 |
25 |
17 |
|
1982 |
100 |
48 |
13 |
39 |
100 |
41 |
5 |
54 |
100 |
60 |
24 |
17 |
|
1983 |
100 |
53 |
12 |
35 |
100 |
43 |
5 |
52 |
100 |
65 |
21 |
14 |
|
1984 |
100 |
55 |
12 |
32 |
100 |
44 |
6 |
51 |
100 |
68 |
20 |
13 |
|
1985 |
100 |
57 |
12 |
31 |
100 |
44 |
5 |
51 |
100 |
69 |
19 |
12 |
|
1986 |
100 |
58 |
12 |
30 |
100 |
45 |
5 |
50 |
100 |
70 |
19 |
11 |
|
1987 |
100 |
58 |
12 |
30 |
100 |
46 |
5 |
49 |
100 |
69 |
19 |
12 |
|
1988 |
100 |
60 |
11 |
30 |
100 |
49 |
4 |
47 |
100 |
69 |
18 |
13 |
|
1989 |
100 |
65 |
9 |
26 |
100 |
58 |
2 |
40 |
100 |
71 |
14 |
14 |
|
1990 |
100 |
67 |
9 |
24 |
100 |
60 |
2 |
38 |
100 |
72 |
14 |
14 |
|
1991 |
100 |
67 |
9 |
24 |
100 |
61 |
2 |
37 |
100 |
71 |
14 |
15 |
|
1992 |
100 |
68 |
10 |
22 |
100 |
64 |
2 |
34 |
100 |
71 |
14 |
15 |
|
1993 |
100 |
69 |
10 |
21 |
100 |
66 |
2 |
32 |
100 |
72 |
14 |
14 |
|
1994 |
100 |
70 |
9 |
21 |
100 |
67 |
2 |
31 |
100 |
72 |
14 |
14 |
Footnotes
- The percentage of partially vested participants is not available for 1975. These participants are included in the not vested category.
Note: Data not available for 1976.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E21: Percent Distribution of Active Participants in Single Employer Plans with 100 or More Participants by vesting status, 1975-1994
|
Year |
All Plans |
All Plans |
All Plans |
All Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Contribution Plans |
Defined Contribution Plans |
Defined Contribution Plans |
Defined Contribution Plans |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
1975 |
100 |
39 |
(1) |
61 |
100 |
38 |
(1) |
62 |
100 |
43 |
(1) |
57 |
|
1977 |
100 |
47 |
12 |
40 |
100 |
41 |
5 |
53 |
100 |
58 |
24 |
18 |
|
1978 |
100 |
47 |
12 |
40 |
100 |
41 |
5 |
53 |
100 |
57 |
25 |
18 |
|
1979 |
100 |
48 |
13 |
39 |
100 |
41 |
6 |
53 |
100 |
58 |
26 |
17 |
|
1980 |
100 |
47 |
14 |
39 |
100 |
40 |
6 |
54 |
100 |
58 |
25 |
17 |
|
1981 |
100 |
48 |
14 |
38 |
100 |
41 |
5 |
54 |
100 |
57 |
26 |
17 |
|
1982 |
100 |
49 |
14 |
36 |
100 |
42 |
5 |
53 |
100 |
59 |
25 |
17 |
|
1983 |
100 |
54 |
14 |
33 |
100 |
43 |
6 |
51 |
100 |
64 |
22 |
14 |
|
1984 |
100 |
56 |
14 |
30 |
100 |
44 |
6 |
50 |
100 |
67 |
20 |
13 |
|
1985 |
100 |
57 |
14 |
29 |
100 |
43 |
6 |
51 |
100 |
68 |
20 |
12 |
|
1986 |
100 |
58 |
14 |
28 |
100 |
44 |
6 |
50 |
100 |
70 |
19 |
11 |
|
1987 |
100 |
58 |
13 |
28 |
100 |
46 |
6 |
49 |
100 |
68 |
20 |
12 |
|
1988 |
100 |
60 |
12 |
28 |
100 |
50 |
4 |
46 |
100 |
68 |
19 |
13 |
|
1989 |
100 |
67 |
10 |
24 |
100 |
61 |
2 |
37 |
100 |
71 |
15 |
14 |
|
1990 |
100 |
68 |
9 |
23 |
100 |
62 |
2 |
36 |
100 |
72 |
14 |
14 |
|
1991 |
100 |
68 |
10 |
22 |
100 |
65 |
2 |
33 |
100 |
70 |
15 |
15 |
|
1992 |
100 |
69 |
10 |
21 |
100 |
67 |
2 |
32 |
100 |
70 |
15 |
15 |
|
1993 |
100 |
70 |
10 |
19 |
100 |
69 |
2 |
29 |
100 |
71 |
15 |
14 |
|
1994 |
100 |
71 |
10 |
19 |
100 |
71 |
1 |
28 |
100 |
71 |
14 |
15 |
Footnotes
- The percentage of partially vested participants is not available for 1975. These participants are included in the not vested category.
Note: Data not available for 1976.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E22: Percent Distribution of Active Participants in Multiemployer Plans with 100 or More Participants by vesting status, 1975-1994
|
Year |
All Plans |
All Plans |
All Plans |
All Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Benefit Plans |
Defined Contribution Plans |
Defined Contribution Plans |
Defined Contribution Plans |
Defined Contribution Plans |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
1975 |
100 |
34 |
(1) |
66 |
100 |
31 |
(1) |
69 |
100 |
83 |
(1) |
17 |
|
1977 |
100 |
36 |
7 |
57 |
100 |
34 |
7 |
59 |
100 |
88 |
4 |
8 |
|
1978 |
100 |
37 |
7 |
56 |
100 |
34 |
7 |
59 |
100 |
90 |
4 |
7 |
|
1979 |
100 |
38 |
7 |
55 |
100 |
35 |
7 |
59 |
100 |
90 |
4 |
7 |
|
1980 |
100 |
35 |
6 |
59 |
100 |
32 |
6 |
63 |
100 |
78 |
3 |
19 |
|
1981 |
100 |
41 |
6 |
53 |
100 |
36 |
6 |
57 |
100 |
88 |
3 |
9 |
|
1982 |
100 |
42 |
4 |
53 |
100 |
38 |
4 |
58 |
100 |
82 |
3 |
15 |
|
1983 |
100 |
47 |
4 |
48 |
100 |
42 |
5 |
54 |
100 |
86 |
3 |
11 |
|
1984 |
100 |
48 |
5 |
47 |
100 |
42 |
6 |
52 |
100 |
87 |
2 |
12 |
|
1985 |
100 |
51 |
3 |
46 |
100 |
45 |
4 |
52 |
100 |
89 |
2 |
9 |
|
1986 |
100 |
53 |
3 |
44 |
100 |
46 |
3 |
51 |
100 |
88 |
2 |
10 |
|
1987 |
100 |
53 |
4 |
43 |
100 |
45 |
3 |
52 |
100 |
86 |
6 |
9 |
|
1988 |
100 |
55 |
3 |
42 |
100 |
46 |
3 |
52 |
100 |
89 |
2 |
8 |
|
1989 |
100 |
54 |
2 |
44 |
100 |
45 |
2 |
53 |
100 |
86 |
2 |
12 |
|
1990 |
100 |
57 |
2 |
41 |
100 |
48 |
3 |
50 |
100 |
87 |
2 |
11 |
|
1991 |
100 |
57 |
3 |
40 |
100 |
47 |
3 |
50 |
100 |
88 |
2 |
11 |
|
1992 |
100 |
59 |
3 |
37 |
100 |
50 |
4 |
46 |
100 |
84 |
2 |
14 |
|
1993 |
100 |
61 |
3 |
36 |
100 |
52 |
3 |
45 |
100 |
85 |
3 |
12 |
|
1994 |
100 |
62 |
3 |
35 |
100 |
52 |
3 |
45 |
100 |
88 |
3 |
9 |
Footnotes
- The percentage of partially vested participants is not available for 1975. These participants are included in the not vested category.
Note: Data not available for 1976.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-94 plan years.
Table E23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments 1984-1994
|
Year |
Number of Plans |
Active Participants |
Assets |
Contributions |
Benefits |
|---|---|---|---|---|---|
|
1984 |
17,303 |
7,540 |
$91,754 |
$16,291 |
$10,617 |
|
1985 |
29,869 |
10,339 |
143,939 |
24,322 |
16,399 |
|
1986 |
37,420 |
11,559 |
182,784 |
29,226 |
22,098 |
|
1987 |
45,054 |
13,131 |
215,477 |
33,185 |
22,215 |
|
1988 |
68,121 |
15,203(1) |
276,995 |
39,412 |
25,235 |
|
1989 |
83,301 |
17,337(1) |
357,015 |
46,081 |
30,875 |
|
1990 |
97,614 |
19,548 |
384,854 |
48,998 |
32,028 |
|
1991 |
111,394 |
19,126 |
440,259 |
51,533 |
32,734 |
|
1992 |
139,704 |
22,404 |
552,959 |
64,345 |
43,166 |
|
1993 |
154,527 |
23,138 |
616,316 |
69,322 |
44,206 |
|
1994 |
174,945 |
25,206 |
674,681 |
75,878 |
50,659 |
Footnotes
- Includes some employees who are eligible to participate in the plan but have not elected to join.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-94 plan years.
Table E24: Aggregate Rates of Return Earned by Pension Plans with 100 or More Participants 1985-1994
|
Year(1) |
Total Plans |
Total Plans |
Total Plans |
Single Employer |
Single Employer |
Single Employer |
Multiemployer |
Multiemployer |
Multiemployer |
|---|---|---|---|---|---|---|---|---|---|
|
1985 |
19.6% |
20.1% |
18.4% |
20.0% |
20.6% |
18.5% |
16.8% |
17.0% |
12.7% |
|
1986 |
13.9 |
14.1 |
13.3 |
14.1 |
14.4 |
13.4 |
12.5 |
12.6 |
10.3 |
|
1987 |
4.6 |
4.4 |
4.8 |
4.7 |
4.6 |
4.8 |
3.7 |
3.5 |
6.4 |
|
1988 |
12.4 |
12.1 |
13.1 |
12.6 |
12.2 |
13.2 |
11.6 |
11.8 |
9.5 |
|
1989 |
11.2 |
12.1 |
9.4 |
11.9 |
13.2 |
9.7 |
6.0 |
6.4 |
1.8 |
|
1990 |
- |
3.5 |
3.5 |
3.1 |
2.8 |
3.4 |
6.8 |
6.7 |
7.4 |
|
1991 |
17.5 |
18.8 |
15.1 |
17.8 |
19.6 |
15.2 |
14.9 |
15.2 |
12.0 |
|
1992 |
8.8 |
8.3 |
9.8 |
8.8 |
8.0 |
9.8 |
9.3 |
9.4 |
8.7 |
|
1993 |
10.2 |
10.5 |
9.8 |
10.6 |
11.1 |
9.9 |
7.4 |
7.5 |
6.2 |
|
1994 |
2.9 |
2.2 |
3.8 |
2.7 |
1.8 |
3.8 |
4.4 |
4.5 |
3.9 |
|
Geometric Mean(2) |
|||||||||
|
1985-1994 |
10.3 |
10.5 |
10.0 |
10.5 |
10.7 |
10.1 |
9.3 |
9.4 |
7.9 |
|
1990-1994 |
8.5 |
8.5 |
8.3 |
8.5 |
8.5 |
8.3 |
8.6 |
8.7 |
7.6 |
|
1992-1994 |
7.3 |
7.0 |
7.8 |
7.3 |
6.9 |
7.8 |
7.2 |
7.3 |
6.2 |
|
Standard Deviation(3) |
|||||||||
|
1985-1994 |
5.4 |
5.8 |
4.7 |
5.6 |
6.2 |
4.8 |
4.2 |
4.3 |
3.3 |
|
1990-1994 |
5.3 |
5.9 |
4.3 |
5.6 |
6.4 |
4.4 |
3.5 |
3.6 |
2.7 |
|
1992-1994 |
3.2 |
3.5 |
2.8 |
3.4 |
3.9 |
2.8 |
2.0 |
2.0 |
1.9 |
Footnotes
- The 1994 row, for example, represents all plan years that began in 1994. About 77 percent of these plan years began on January 1, 1994.
- Computed by adding one to the aggregate rate of return for each of the n years, taking the product of the sums, and taking the nth root of the product, and subtracting one.
- Standard deviation formula uses a denominator definition of N, not N-1.
Note: Rates of return have been derived directly from Tables C4-C11 and from similar published summary Tables for prior years. The rate of return formula is the same as that described in Chapter 12 of the 1989 DOL volume entitled "Trends in Pensions," except that the return formula used here refines the treatment of receivables. The receivable line item called "income receivables," which first appeared on the 1988 form, is not deducted from Total assets because such assets may produce investment income. Because the Form 5500 does not provide information on the timing of cash flows during the year, a time weighted rate of return cannot be derived. The formula used assumes that all cash flows occur in the middle of the plans' reporting period. The formula makes no adjustment for reporting periods other than one year, which are reported on approximately 3 percent of Form 5500 filings.
Table E25: Aggregate Investment Performance of Pension Plans with 100 or More Participants 1985-1994 (amounts in millions)
|
Year |
Investable(1) Assets |
Investment Income(2) |
Appreciation |
Appreciation |
Appreciation |
Total DFE(3) Income |
Total Return(4) |
Total Rate of Return(5) |
Rate of Growth of Investable Assets |
|---|---|---|---|---|---|---|---|---|---|
|
1985 |
$852,433 |
$49,936 |
$41,170 |
$68,007 |
$109,177 |
$8,042 |
$167,155 |
19.6% |
- |
|
1986 |
1,007,303 |
55,572 |
65,830 |
15,924 |
81,754 |
2,922 |
140,248 |
13.9 |
18.2% |
|
1987 |
1,118,764 |
58,359 |
49,825 |
(58,758) |
(8,933) |
1,511 |
50,937 |
4.6 |
11.1 |
|
1988 |
1,135,950 |
47,509 |
13,609 |
30,597 |
44,206 |
49,613 |
141,328 |
12.4 |
1.5 |
|
1989 |
1,268,455 |
12,484 |
23,197 |
38,963 |
62,160 |
67,305 |
141,949 |
11.2 |
11.7 |
|
1990 |
1,395,262 |
49,855 |
1,995 |
(16,810) |
(14,815) |
13,866 |
48,906 |
3.5 |
10.0 |
|
1991 |
1,411,538 |
49,457 |
15,435 |
73,766 |
89,201 |
108,288 |
246,946 |
17.5 |
1.2 |
|
1992 |
1,658,785 |
45,325 |
9,126 |
30,378 |
39,504 |
61,706 |
146,535 |
8.8 |
17.5 |
|
1993 |
1,808,728 |
45,340 |
15,142 |
30,099 |
45,241 |
93,800 |
184,381 |
10.2 |
9.0 |
|
1994 |
1,961,820 |
43,012 |
1,871 |
(10,567) |
(8,696) |
22,283 |
56,599 |
2.9 |
8.5 |
|
Geometric Mean |
|
|
|
|
|
|
|
10.3 |
9.7 |
Footnotes
Figure E1. Number of Pension Plans 1975-1994
Reference: Table E1.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1994 plan years.
Figure E2. Pension Plan Active Participants 1975-1994
Reference: Table E8.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1994 plan years.
Figure E3. Pension Coverage of Wage and Salary Workers 1975-1994
Reference: Table E4.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1994 plan years, and Employment and Earnings, Bureau of Labor Statistics, U.S. Department of Labor.
Figure E4. Pension Plan Assets 1975-1994
Reference: Table E11.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1994 plan years.
Note: As shown, total asset amounts exclude funds held by life insurance companies under allocated group insurance contracts. These excluded funds equal 10 to 15 percent of pension assets.
Figure E5. Pension Contributions and Benefits Disbursed 1975-1994
Reference: Table E24.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1994 plan years.
Figure E6. Rates of Return by type of plan, 1985-1994
Reference: Table E24.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-1994 plan years.
Figure E7. Rates of Return for Single and Multiemployer Plans 1985-1994
Reference: Table E24.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-1994 plan years.
- Average of beginning-of-year and end-of-year levels of all assets except contributions receivable and value of buildings and other property used in plan operations minus one-half of Total return.
- Sum of interest, dividends, rents, and (for years 1985-87) royalties.
- DFE means direct filing entities including common/collective trusts, pooled separate accounts, master trusts, 103-12 investment entities, and registered investment companies.
- Sum of investment income, Total appreciation, and Total DFE income.
- Total return as a percentage of average invesTable assets. See note for previous Table.