Private Pension Plan Bulletin
Abstract of 1995 Form 5500 Annual Reports
U.S. Department of Labor
Pension and Welfare Benefits Administration
Office of Policy and Research
Number 8, Spring 1999
Introduction
This is the eighth edition of the Private Pension Plan Bulletin. The tabulations presented in this report contain final numbers based on 1995 Form 5500 filings. Reports for 1995 plan years were filed by plans for fiscal years ending anywhere from December 31, 1995 to December 30, 1996. The Internal Revenue Service (IRS) processed 1995 filings from August 1996 through July 1998.
Form 5500 reports are filed annually with the 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 report, data on all 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.
Key findings from the 1995 filings are summarized in the Highlights on pages 2 and 3. 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 1995. The organization of this Bulletin is similar to the previous edition with the exception of additional figures in Sections B, C and E, and additional tables in Section E on aggregate rates of return of ESOPs and 401(k) type plans.
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 1995 Form 5500 Annual Reports. Private Pension Plan Bulletin No. 8, Spring 1999. Washington, DC: United States Government Printing Office, 1999.
Contents
- Section A: Summary
- Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
- Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1995
- Table A3: Balance Sheet of Pension Plans by type of plan, 1995
- Table A4: Income Statement of Pension Plans by type of plan, 1995
- Table A5: Amount of Assets in Pension Plans by type of plan and method of funding, 1995
- Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1995
- Figure A1: Distribution of Pension Plans and Participants by type of plan, 1995
- Figure A2: Active Participants in Pension Plans by vesting status and type of plan, 1995
- Figure A3: Investment of Assets and Payment of Benefits by method of funding, 1995
- Section B: Plans and Participants
- Table B1: Distribution of Pension Plans by number of participants, 1995
- Table B2: Distribution of Pension Plans by amount of Assets, 1995
- Table B3: Distribution of Pension Plans by industry, 1995
- Table B4: Distribution of Participants by number of participants, 1995
- Table B5: Distribution of Participants by amount of Assets, 1995
- Table B6: Distribution of Participants by industry, 1995
- Table B7: Distribution of Active Participants by type of plan, 1995
- Table B8: Number of Plans by type of plan and method of funding, 1995
- Table B9: Number of Participants by type of plan and method of funding, 1995
- Table B10: Number of Plans by date of establishment and type of plan, 1995
- Table B11: Average Number of Participants in Pension Plans by date of establishment and type of plan, 1995
- Figure B: Plans Established Each Year and Still in Existence in 1995
- Section C: Financial
- Table C1: Distribution of Assets by number of participants, 1995
- Table C2: Distribution of Assets by asset size, 1995
- Table C3: Distribution of Assets by industry, 1995
- Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1995
- Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995
- Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995
- Table C7: Percentage Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1995
- Table C8: Percentage Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1995
- Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1995
- Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995
- Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995
- Table C12: Percentage Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1995
- Table C13: Percentage Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1995
- Figure C: Average Assets per Participant by plan size, 1995
- Section D: Defined Contribution Plans
- Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1995
- Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1995
- Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
- Table D4: Number of 401(k) Type Plans by number of participants and primary or supplemental status, 1995
- Table D5: Number of Active Participants in 401(k) Type Plans by number of participants and primary or supplemental status, 1995
- Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants 1995
- Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants 1995
- Table D8: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
- Table D9: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1995
- Table D10: Balance Sheet of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995
- Table D11: Income Statement of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995
- Table D12: Number of Employer Stock Ownership Plans (ESOPs) by number of participants and primary or supplemental status, 1995
- Figure D: Number of 401(k) Plans 1984-95
- Section E: Historical Tables
- Table E1: Number of Pension Plans by type of plan, 1975-95
- Table E2: Number of Pension Plans with Fewer than 100 Participants by type of plan, 1975-95
- Table E3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-95
- Table E4: Estimated Private Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans 1975-95
- Table E5: Number of Participants in Pension Plans by type of plan, 1975-95
- Table E6: Number of Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-95
- Table E7: Number of Participants in Pension Plans with 100 or More Participants by type of plan, 1975-95
- Table E8: Number of Active Participants in Pension Plans by type of plan, 1975-95
- Table E9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-95
- Table E10: Number of Active Participants in Pension Plans with 100 or more Participants by type of plan, 1975-95
- Table E11: Pension Plan Assets by type of plan, 1975-95
- Table E12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-95
- Table E13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-95
- Table E14: Pension Plan Contributions by type of plan, 1975-95
- Table E15: Pension Plan Contributions of Plans with Fewer than 100 Participants by type of plan, 1975-95
- Table E16: Pension Plan Contributions of Plans with 100 or More Participants by type of plan, 1975-95
- Table E17: Pension Plan Benefits Disbursed by type of plan, 1975-95
- Table E18: Pension Plan Benefits Disbursed from Plans with Fewer than 100 Participants by type of plan, 1975-95
- Table E19: Pension Plan Benefits Disbursed from Plans with 100 or More Participants by type of plan, 1975-95
- Table E20: Percentage Distribution of Active Participants in Plans with 100 or More Participants by vesting status, 1975-95
- Table E21: Percentage Distribution of Active Participants in Single Employer Plans with 100 or More Participants by vesting status, 1975-95
- Table E22: Percentage Distribution of Active Participants in Multiemployer Plans with 100 or More Participants by vesting status, 1975-95
- Table E23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments 1984-95
- Table E24: Aggregate Rates of Return Earned by Private Pension Plans with 100 or More Participants 1985-95
- Table E25: Aggregate Investment Performance of Private Pension Plans with 100 or More Participants 1985-95
- Table E26: Aggregate Rates of Return Earned by Employee Stock Ownership Plans (ESOPs) and 401(k) Plans with 100 or More Participants 1990-95
- Figure E1: Number of Pension Plans 1975-95
- Figure E2: Pension Plan Active Participants 1975-95
- Figure E3: Pension Coverage of Wage and Salary Workers 1975-95
- Figure E4: Pension Plan Assets 1975-95
- Figure E5: Pension Plan Contributions and Benefits 1975-95
- Figure E6: Rates of Return by type of plan, 1985-95
- Figure E7: Rates of Return for Single and Multiemployer Plans 1985-95
- Figure E8: Rates of Return for 401(k) Type Plans 1990-95
- Figure E9: Rates of Return for ESOPs 1990-95
- Figure E10: Assets Per Participant by type of plan, 1975-95
- Figure E11: Participants Per Plan by type of plan, 1975-95
- Figure E12: Distribution of Pension Plans, Participants, and Assets by plan size, 1995
Highlights from the 1995 Form 5500 Reports
Assets held by private pension plans in 1995 totaled $2.7 trillion, an 18% increase from the $2.3 trillion reported in 1994. Defined contribution (DC) plan Assets increased 22% in 1995 to $1.3 trillion while defined benefit (DB) plan Assets increased 16% to $1.4 trillion. Defined contribution plans achieved a 20% aggregate rate of return (investment earnings and appreciation) in 1995, with additional asset growth arising from a positive cash flow of $17.3 billion (contributions minus benefit payout and administrative expenses). Defined benefit plans had a 21% aggregate rate of return in 1995, but achieved a lower overall rate of increase in total Assets because of a negative cash flow of -$48.9 billion.
The 22% increase in DC plan Assets was lead by a 28% increase in Assets held by 401(k) type plans, from $675 billion in 1994 to $863 billion in 1995. Assets held in non-401(k) type DC plans increased 11% from $413 billion in 1994 to $458 billion in 1995.
In addition to the increase in 401(k) type plan Assets, the number of 401(k) type plans and plan participants also grew at a strong rate, with the plan count increasing by 15% to 201,000, and the active participant count increasing by 11% to 28.1 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 1995 plan years are summarized below:
- The number of private pension plans filing Form 5500 reports in 1995 was 693,400, a slight increase from the 690,300 plan count in 1994.
- The number of DB plans decreased by 7% to 69,500, while the number of DC plans increased by 1% to 623,900. The number of DB plans has decreased each year since 1986 and the 1995 count is only 40% of the peak total of 175,100 plans in 1983.
- Total active participants in private pension plans increased by 2% from 65.0 million in 1994 to 66.2 million in 1995. The long term patterns of decreases in DB plan active participants and increases in DC plan active participants continued in 1995, with DB plan active participants decreasing by 4% to 23.5 million and DC plan active participants increasing by 6% to 42.7 million.
- Growth in pension plan participation under new plans is heavily concentrated in 401(k) type plans. Based on data from plans filing a 1995 5500 report, a total of 209,000 plans covering 11.7 million participants had establishment dates of 1990 through 1995. Only 4% of these plans, covering 14% of the participants, were DB plans, while 47% of the plans, covering 66% of the participants, were 401(k) type plans. The remaining 49% of the new plans, covering 20% of the participants, were non-401(k) type DC plans.
- The median age of plans in 1995 was 17 years for DB plans, 6 years for 401(k) type DC plans, and 10 years for non-401(k) type plans.
- In 1995, an estimated 81% of all private wage and salary workers with pension coverage participated in either a primary or supplemental DC plan and 51% participated in a DB plan. This is a strong reversal from 1975 when only 32% of pension covered workers were enrolled in DC plans and 87% were in DB plans.
- DB plans are most common among large firms while DC plans are popular among firms of all sizes. The average number of participants per DB plan in 1995 was 632, with 87% of all DB plan participants in plans with 1,000 or more participants, and 56% in plans with 10,000 or more participants. The average number of participants in DC plans was 76, with 60% of DC plan participants in plans with 1,000 or more participants and 30% in plans with 10,000 or more participants.
- An estimated 60% of all pension covered workers (and over 25% of all private wage and salary workers) were in 401(k) type plans in 1995, with 26% participating only in a 401(k) type plan and 34% also participating in another pension plan, most commonly a DB plan.
- Benefit payments from plans to retirees, survivors, and terminating employees increased by 12% in 1995 to $183.0 billion. Benefits paid out by DB plans increased by 3% to $85.1 billion and benefit payments from DC plans increased 20% to $97.9 billion.
- Total plan contributions increased 10% from $144.3 billion in 1994 to $158.8 billion in 1995.
- Contributions to DB plans increased by 6% from $39.0 billion in 1994 to $41.4 billion in 1995. Defined contribution plans received $117.4 billion in contributions during 1995, an 11% increase over the $105.3 billion received in 1994.
- The percentage of total DC contributions made by plan participants has been steadily increasing over the last decade and in 1995 was 6% higher than employer contributions to DC plans.
Section A: Summary
Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
|
Type of Plan |
Number of Plans(1) |
Total Participants (thousands)(2) |
Active Participants (thousands)(3) |
Total Assets (millions)(4) |
Total Contributions (millions)(5) |
Total Benefits (millions)(6) |
|---|---|---|---|---|---|---|
|
Total |
693,404 |
87,452 |
66,193 |
$2,723,735 |
$158,832 |
$183,025 |
|
Defined benefit |
69,492 |
39,736 |
23,531 |
1,402,079 |
41,423 |
85,134 |
|
Defined contribution |
623,912 |
47,716 |
42,662 |
1,321,657 |
117,409 |
97,892 |
|
Profit sharing and thrift-savings |
482,789 |
38,009 |
34,131 |
1,094,592 |
100,284 |
81,891 |
|
Stock bonus |
4,799 |
3,578 |
3,152 |
85,996 |
6,660 |
5,968 |
|
Target benefit |
7,018 |
160 |
151 |
5,056 |
374 |
524 |
|
Money purchase |
107,816 |
4,774 |
4,201 |
117,827 |
8,832 |
8,182 |
|
Annuity-403(b)(1) |
13,823 |
100 |
95 |
666 |
86 |
70 |
|
Custodial account-403(b)(7) |
1,342 |
12 |
11 |
215 |
30 |
10 |
|
IRAs or annuities (Code 408) |
1,205 |
33 |
29 |
728 |
54 |
47 |
|
Other defined contribution |
5,122 |
1,051 |
892 |
16,577 |
1,090 |
1,200 |
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 excluded funds make up roughly 10 to 15 percent of total pension fund Assets.
- Includes both employer and employee contributions.
- Amounts shown include both benefits paid directly from trust funds 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 plan years beginning in 1995.
Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1995 (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 |
87,452 |
39,736 |
47,716 |
76,969 |
31,341 |
45,629 |
10,483 |
8,395 |
2,088 |
|
Active Participants(3) |
66,193 |
23,531 |
42,662 |
59,894 |
19,005 |
40,889 |
6,299 |
4,525 |
1,773 |
|
Fully vested |
45,744 |
15,953 |
29,791 |
41,765 |
13,552 |
28,213 |
3,979 |
2,401 |
1,578 |
|
Partially vested |
6,539 |
371 |
6,168 |
6,397 |
264 |
6,134 |
142 |
107 |
35 |
|
Nonvested |
13,908 |
7,206 |
6,702 |
11,731 |
5,189 |
6,542 |
2,177 |
2,017 |
160 |
|
Retired or separated participants receiving benefits |
8,859 |
8,470 |
389 |
6,635 |
6,272 |
363 |
2,224 |
2,198 |
26 |
|
Separated participants with vested right to benefits |
12,401 |
7,735 |
4,666 |
10,441 |
6,064 |
4,377 |
1,961 |
1,672 |
289 |
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.
- Plans with less than 100 participants are required to provide only the total participant count. For these plans, which cover approximately 10 percent of total pension plan participants, the distribution of active, retired, and separated vested participants was assumed to be the same as for larger plans (i.e., single, multiemployer, defined benefit, defined contribution).
Note: Excludes plans covering only one participant.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table A3: Balance Sheet of Pension Plans by type of plan, 1995 (amounts in millions)
|
Type of Asset or Liability |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Cash |
$90,020 |
$29,254 |
$60,766 |
|
Receivables |
55,716 |
25,391 |
30,325 |
|
Corporate debt and equity instruments |
726,698 |
318,484 |
408,214 |
|
U.S. Government securities |
166,871 |
114,088 |
52,782 |
|
Real estate and mortgages (other than to participants) |
17,559 |
11,052 |
6,507 |
|
Mortgage loans to participants |
1,007 |
108 |
899 |
|
Other loans to participants |
20,718 |
201 |
20,518 |
|
Other investments and Assets |
1,644,726 |
903,264 |
741,462 |
|
Buildings and other property used in plan operations |
420 |
237 |
183 |
|
Total Assets |
2,723,735 |
1,402,079 |
1,321,657 |
|
Payables |
16,003 |
5,546 |
10,457 |
|
Acquisition indebtedness |
17,125 |
513 |
16,613 |
|
Other liabilities |
25,363 |
11,957 |
13,405 |
|
Total Liabilities |
58,491 |
18,016 |
40,474 |
|
Net Assets |
2,665,245 |
1,384,062 |
1,281,182 |
Note: Total 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 15 percent of total pension fund Assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table A4: Income Statement of Pension Plans by type of plan, 1995 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$94,115 |
$40,363 |
$53,751 |
|
Participants |
58,563 |
568 |
57,996 |
|
Others |
5,094 |
426 |
4,668 |
|
Noncash contributions |
1,062 |
65 |
996 |
|
Total contributions |
158,832 |
41,423 |
117,409 |
|
Investment earnings(1) |
48,701 |
23,687 |
25,014 |
|
Net gain (loss) on sale of Assets |
38,129 |
24,267 |
13,862 |
|
Other or unspecified income(2) |
379,967 |
205,106 |
174,861 |
|
Total Income |
625,628 |
294,483 |
331,146 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
174,654 |
80,745 |
93,909 |
|
Other benefits |
8,371 |
4,389 |
3,983 |
|
Total payments |
183,025 |
85,134 |
97,892 |
|
Total administrative expenses |
7,430 |
5,216 |
2,215 |
|
Other or unspecified expenses |
4,662 |
345 |
4,316 |
|
Total Expenses |
195,117 |
90,695 |
104,423 |
|
Net Income |
430,511 |
203,788 |
226,723 |
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 plan years beginning in 1995.
Table A5: Amount of Assets in Pension Plans by type of plan and method of funding, 1995 (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 |
$2,723,735 |
$1,402,079 |
$1,321,657 |
$2,458,153 |
$1,163,416 |
$1,294,737 |
$265,582 |
$238,663 |
$26,920 |
|
Trust |
1,673,256 |
870,724 |
802,533 |
1,527,090 |
741,244 |
785,846 |
146,166 |
129,479 |
16,687 |
|
Insurance |
6,646 |
4,198 |
2,448 |
6,511 |
4,091 |
2,420 |
136 |
107 |
28 |
|
Trust and insurance |
1,043,712 |
527,153 |
516,559 |
924,432 |
418,077 |
506,355 |
119,280 |
109,076 |
10,204 |
|
Other |
121 |
4 |
117 |
121 |
4 |
117 |
0 |
0 |
0 |
|
Funding arrangement for payment of benefits |
|||||||||
|
Total |
$2,723,735 |
$1,402,079 |
$1,321,657 |
$2,458,153 |
$1,163,416 |
$1,294,737 |
$265,582 |
$238,663 |
$26,920 |
|
Trust |
1,648,658 |
782,093 |
866,565 |
1,536,861 |
681,927 |
854,934 |
111,797 |
100,166 |
11,631 |
|
Insurance |
67,038 |
36,610 |
30,428 |
65,052 |
35,128 |
29,923 |
1,986 |
1,481 |
505 |
|
Trust and insurance |
985,420 |
575,601 |
409,819 |
833,669 |
438,590 |
395,079 |
151,751 |
137,011 |
14,740 |
|
Other |
22,619 |
7,775 |
14,844 |
22,571 |
7,771 |
14,800 |
48 |
4 |
44 |
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: Total assest 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 15 percent of total pension fund Assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1995
|
Collective Bargaining Status |
Total |
Total |
Total |
Defined Benefit |
Defined Benefit |
Defined Benefit |
Defined Contribution |
Defined Contribution |
Defined Contribution |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
693,404 |
87,452 |
$2,723,735 |
69,492 |
39,736 |
$1,402,079 |
623,912 |
47,716 |
$1,321,657 |
|
Collectively bargained plans |
17,081 |
27,098 |
933,823 |
8,781 |
18,903 |
727,805 |
8,300 |
8,196 |
206,018 |
|
Noncollectively bargained plans |
676,323 |
60,354 |
1,789,912 |
60,711 |
20,833 |
674,274 |
615,612 |
39,521 |
1,115,638 |
Footnotes
- Asset amounts shown exclude funds held by life insurance companies under allocated insurance contracts for payment of retirement benefits. These excluded 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 plan years beginning in 1995.
Figure A1. Distribution of Pension Plans and Participants by type of plan, 1995
Reference: Table A1.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Figure A2. Active Participants in Pension Plans by vesting status and type of plan, 1995
Reference: Table A2.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Figure A3. Investment of Assets and Payment of Benefits by method of funding, 1995
Reference: Table A5.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Section B: Plans and Participants
Table B1: Distribution of Pension Plans by number of participants, 1995
|
Number of Participants |
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 |
693,404 |
69,492 |
623,912 |
690,265 |
67,682 |
622,584 |
3,139 |
1,810 |
1,328 |
|
None or not reported |
53,019 |
6,636 |
46,384 |
52,906 |
6,579 |
46,326 |
114 |
56 |
58 |
|
2-9 |
319,518 |
24,236 |
295,283 |
319,518 |
24,236 |
295,283 |
- |
- |
- |
|
10-24 |
137,623 |
9,454 |
128,169 |
137,598 |
9,454 |
128,144 |
25 |
- |
25 |
|
25-49 |
75,028 |
6,025 |
69,003 |
74,993 |
6,023 |
68,970 |
35 |
2 |
33 |
|
50-99 |
45,928 |
6,055 |
39,873 |
45,765 |
6,018 |
39,746 |
163 |
36 |
127 |
|
100-249 |
30,315 |
5,583 |
24,731 |
29,896 |
5,367 |
24,529 |
419 |
216 |
203 |
|
250-499 |
13,220 |
3,677 |
9,544 |
12,702 |
3,385 |
9,318 |
518 |
292 |
226 |
|
500-999 |
7,833 |
2,808 |
5,025 |
7,224 |
2,449 |
4,775 |
609 |
359 |
250 |
|
1,000-2,499 |
6,052 |
2,612 |
3,439 |
5,419 |
2,218 |
3,200 |
633 |
394 |
239 |
|
2,500-4,999 |
2,357 |
1,087 |
1,270 |
2,062 |
891 |
1,171 |
295 |
196 |
99 |
|
5,000-9,999 |
1,345 |
676 |
670 |
1,184 |
556 |
629 |
161 |
120 |
41 |
|
10,000-19,999 |
651 |
345 |
306 |
564 |
274 |
290 |
87 |
71 |
16 |
|
20,000-49,999 |
362 |
199 |
163 |
313 |
158 |
155 |
49 |
41 |
8 |
|
50,000 or more |
152 |
100 |
52 |
121 |
73 |
48 |
31 |
27 |
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 plan years beginning in 1995.
Table B2: Distribution of Pension Plans by amount of Assets, 1995
|
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 |
693,404 |
69,492 |
623,912 |
690,265 |
67,682 |
622,584 |
3,139 |
1,810 |
1,328 |
|
None or not reported |
82,667 |
17,849 |
64,818 |
82,561 |
17,800 |
64,761 |
107 |
49 |
58 |
|
$1-24K |
38,444 |
400 |
38,044 |
38,430 |
393 |
38,037 |
14 |
7 |
7 |
|
25-49K |
36,137 |
972 |
35,165 |
36,126 |
972 |
35,154 |
11 |
- |
11 |
|
50-99K |
57,100 |
2,139 |
54,961 |
57,085 |
2,137 |
54,948 |
15 |
2 |
13 |
|
100-249K |
126,858 |
7,005 |
119,853 |
126,808 |
7,000 |
119,808 |
50 |
5 |
45 |
|
250-499K |
118,657 |
8,268 |
110,389 |
118,625 |
8,258 |
110,367 |
32 |
10 |
22 |
|
500-999K |
99,569 |
10,441 |
89,128 |
99,483 |
10,426 |
89,057 |
86 |
15 |
71 |
|
1-2.4M |
76,900 |
8,681 |
68,219 |
76,637 |
8,614 |
68,023 |
263 |
67 |
196 |
|
2.5-4.9M |
26,446 |
3,897 |
22,548 |
26,022 |
3,742 |
22,280 |
423 |
155 |
268 |
|
5-9.9M |
12,980 |
2,760 |
10,220 |
12,570 |
2,544 |
10,026 |
410 |
216 |
194 |
|
10-24.9M |
8,866 |
2,900 |
5,966 |
8,278 |
2,519 |
5,759 |
588 |
381 |
207 |
|
25-49.9M |
3,642 |
1,533 |
2,109 |
3,230 |
1,240 |
1,990 |
412 |
293 |
119 |
|
50-74.9M |
1,411 |
691 |
720 |
1,226 |
547 |
679 |
185 |
144 |
41 |
|
75-99.9M |
780 |
377 |
403 |
670 |
288 |
382 |
110 |
89 |
21 |
|
100-149.9M |
813 |
389 |
424 |
689 |
288 |
401 |
124 |
101 |
23 |
|
150-199.9M |
451 |
247 |
204 |
375 |
186 |
189 |
76 |
61 |
15 |
|
200-249.9M |
290 |
147 |
143 |
243 |
103 |
140 |
47 |
44 |
3 |
|
250-499.9M |
645 |
359 |
286 |
553 |
277 |
276 |
92 |
82 |
10 |
|
500-999.9M |
391 |
230 |
161 |
334 |
178 |
156 |
57 |
52 |
5 |
|
1-2.49B |
245 |
133 |
112 |
219 |
107 |
112 |
26 |
26 |
- |
|
2.5B or more |
112 |
73 |
39 |
101 |
62 |
39 |
11 |
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.
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 plan years beginning in 1995.
Table B3: Distribution of Pension Plans by industry, 1995
|
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 |
693,404 |
69,492 |
623,912 |
690,265 |
67,682 |
622,584 |
3,139 |
1,810 |
1,328 |
|
Agriculture |
13,026 |
2,349 |
10,677 |
13,017 |
2,343 |
10,674 |
9 |
6 |
3 |
|
Mining |
3,874 |
537 |
3,337 |
3,867 |
532 |
3,335 |
7 |
5 |
2 |
|
Construction |
44,147 |
3,434 |
40,714 |
42,220 |
2,441 |
39,780 |
1,927 |
993 |
934 |
|
Manufacturing |
89,261 |
14,811 |
74,450 |
88,968 |
14,587 |
74,381 |
293 |
224 |
69 |
|
Transportation |
10,232 |
1,058 |
9,174 |
10,021 |
897 |
9,123 |
211 |
160 |
51 |
|
Communications and utilities |
7,825 |
1,599 |
6,225 |
7,809 |
1,592 |
6,216 |
16 |
7 |
9 |
|
Wholesale trade |
47,168 |
4,209 |
42,959 |
47,093 |
4,154 |
42,939 |
76 |
55 |
21 |
|
Retail trade |
55,751 |
3,109 |
52,642 |
55,618 |
2,998 |
52,620 |
133 |
111 |
22 |
|
Finance, insurance and real estate |
48,897 |
6,884 |
42,013 |
48,887 |
6,877 |
42,010 |
10 |
7 |
3 |
|
Services |
324,058 |
19,446 |
304,611 |
323,609 |
19,207 |
304,402 |
449 |
239 |
210 |
|
Tax-exempt organizations |
43,053 |
11,551 |
31,502 |
43,048 |
11,550 |
31,498 |
5 |
1 |
4 |
|
Industry not reported |
6,113 |
506 |
5,607 |
6,110 |
504 |
5,606 |
3 |
2 |
1 |
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 plan years beginning in 1995.
Table B4: Distribution of Participants by number of participants, 1995 (numbers in thousands)
|
Number of Participants |
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 |
87,452 |
39,736 |
47,716 |
76,969 |
31,341 |
45,629 |
10,483 |
8,395 |
2,088 |
|
2-9 |
1,343 |
104 |
1,239 |
1,343 |
104 |
1,239 |
- |
- |
- |
|
10-24 |
2,001 |
145 |
1,856 |
2,001 |
145 |
1,856 |
1 |
- |
1 |
|
25-49 |
2,451 |
207 |
2,244 |
2,450 |
207 |
2,243 |
1 |
0 |
1 |
|
50-99 |
3,489 |
435 |
3,055 |
3,477 |
432 |
3,045 |
12 |
3 |
10 |
|
100-249 |
4,667 |
912 |
3,755 |
4,595 |
874 |
3,721 |
72 |
38 |
34 |
|
250-499 |
4,602 |
1,302 |
3,300 |
4,412 |
1,193 |
3,219 |
190 |
109 |
81 |
|
500-999 |
5,479 |
1,982 |
3,497 |
5,044 |
1,725 |
3,320 |
434 |
257 |
177 |
|
1,000-2,499 |
9,330 |
4,072 |
5,258 |
8,324 |
3,441 |
4,883 |
1,006 |
631 |
375 |
|
2,500-4,999 |
8,084 |
3,762 |
4,322 |
7,041 |
3,069 |
3,972 |
1,043 |
693 |
351 |
|
5,000-9,999 |
9,394 |
4,724 |
4,670 |
8,288 |
3,893 |
4,396 |
1,106 |
831 |
275 |
|
10,000-19,999 |
9,115 |
4,878 |
4,237 |
7,895 |
3,892 |
4,003 |
1,220 |
986 |
234 |
|
20,000-49,999 |
11,290 |
6,130 |
5,161 |
9,703 |
4,828 |
4,875 |
1,587 |
1,302 |
286 |
|
50,000 or more |
16,207 |
11,083 |
5,123 |
12,396 |
7,538 |
4,858 |
3,810 |
3,545 |
265 |
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 plan years beginning in 1995.
Table B5: Distribution of Participants by amount of Assets, 1995 (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 |
87,452 |
39,736 |
47,716 |
76,969 |
31,341 |
45,629 |
10,483 |
8,395 |
2,088 |
|
None or not reported |
2,305 |
789 |
1,516 |
2,301 |
787 |
1,514 |
4 |
2 |
3 |
|
$1-24K |
335 |
12 |
323 |
333 |
11 |
322 |
2 |
1 |
1 |
|
25-49K |
369 |
16 |
353 |
367 |
16 |
351 |
2 |
- |
2 |
|
50-99K |
678 |
28 |
650 |
671 |
27 |
644 |
7 |
1 |
7 |
|
100-249K |
1,838 |
117 |
1,721 |
1,830 |
116 |
1,713 |
8 |
1 |
8 |
|
250-499K |
2,334 |
197 |
2,137 |
2,316 |
193 |
2,123 |
18 |
4 |
14 |
|
500-999K |
3,137 |
402 |
2,735 |
3,100 |
399 |
2,701 |
37 |
3 |
34 |
|
1-2.4M |
5,040 |
857 |
4,183 |
4,928 |
830 |
4,098 |
113 |
27 |
86 |
|
2.5-4.9M |
4,093 |
952 |
3,140 |
3,923 |
900 |
3,023 |
169 |
53 |
117 |
|
5-9.9M |
4,584 |
1,372 |
3,212 |
4,289 |
1,243 |
3,046 |
295 |
129 |
166 |
|
10-24.9M |
7,147 |
2,877 |
4,271 |
6,471 |
2,521 |
3,950 |
676 |
355 |
321 |
|
25-49.9M |
6,146 |
2,726 |
3,420 |
5,445 |
2,310 |
3,135 |
701 |
417 |
285 |
|
50-74.9M |
3,821 |
1,932 |
1,889 |
3,314 |
1,604 |
1,710 |
507 |
328 |
179 |
|
75-99.9M |
2,635 |
1,347 |
1,288 |
2,264 |
1,116 |
1,148 |
371 |
230 |
141 |
|
100-149.9M |
3,787 |
1,776 |
2,011 |
3,170 |
1,405 |
1,764 |
618 |
371 |
247 |
|
150-199.9M |
2,769 |
1,483 |
1,286 |
2,280 |
1,126 |
1,153 |
489 |
356 |
132 |
|
200-249.9M |
2,322 |
1,242 |
1,080 |
1,842 |
803 |
1,038 |
481 |
439 |
42 |
|
250-499.9M |
6,990 |
3,906 |
3,084 |
5,921 |
2,983 |
2,938 |
1,069 |
923 |
146 |
|
500-999.9M |
7,894 |
4,820 |
3,074 |
6,186 |
3,272 |
2,914 |
1,708 |
1,548 |
160 |
|
1-2.49B |
8,954 |
4,897 |
4,057 |
7,841 |
3,784 |
4,057 |
1,113 |
1,113 |
- |
|
2.5B or more |
10,273 |
7,986 |
2,287 |
8,179 |
5,892 |
2,287 |
2,094 |
2,094 |
- |
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 plan years beginning in 1995.
Table B6: Distribution of Participants by industry, 1995 (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 |
87,452 |
39,736 |
47,716 |
76,969 |
31,341 |
45,629 |
10,483 |
8,395 |
2,088 |
|
Agriculture |
463 |
205 |
258 |
447 |
191 |
257 |
16 |
14 |
2 |
|
Mining |
889 |
485 |
405 |
734 |
336 |
398 |
155 |
149 |
6 |
|
Construction |
5,371 |
2,930 |
2,441 |
1,338 |
168 |
1,170 |
4,032 |
2,762 |
1,270 |
|
Manufacturing |
32,458 |
16,960 |
15,498 |
31,110 |
15,799 |
15,311 |
1,347 |
1,161 |
186 |
|
Transportation |
4,508 |
2,353 |
2,155 |
3,043 |
992 |
2,051 |
1,465 |
1,361 |
104 |
|
Communications and utilities |
5,068 |
2,511 |
2,556 |
5,015 |
2,470 |
2,545 |
52 |
41 |
11 |
|
Wholesale trade |
2,996 |
943 |
2,053 |
2,727 |
685 |
2,042 |
269 |
258 |
11 |
|
Retail trade |
8,916 |
3,431 |
5,485 |
7,517 |
2,168 |
5,350 |
1,398 |
1,263 |
135 |
|
Finance, insurance and real estate |
8,994 |
3,908 |
5,086 |
8,960 |
3,882 |
5,078 |
34 |
26 |
8 |
|
Services |
15,430 |
4,919 |
10,511 |
13,722 |
3,562 |
10,160 |
1,708 |
1,357 |
351 |
|
Tax-exempt organizations |
2,109 |
1,040 |
1,069 |
2,106 |
1,038 |
1,067 |
3 |
1 |
2 |
|
Industry not reported |
251 |
51 |
199 |
249 |
50 |
199 |
1 |
1 |
0 |
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 plan years beginning in 1995.
Table B7: Distribution of Active Participants by type of plan, 1995(1) (numbers in thousands)
|
Type of Plan |
Total Plans |
Single Employer Plans(2) |
Multiemployer Plans(3) |
|---|---|---|---|
|
Total |
66,193 |
59,894 |
6,299 |
|
Defined benefit |
23,531 |
19,005 |
4,525 |
|
Defined contribution |
42,662 |
40,889 |
1,773 |
|
Profit sharing and thrift-savings |
34,131 |
33,873 |
259 |
|
Stock bonus |
3,152 |
3,152 |
0 |
|
Target benefit |
151 |
147 |
3 |
|
Money purchase |
4,201 |
2,829 |
1,372 |
|
Annuity - 403(b)(1) |
95 |
82 |
12 |
|
Custodial account - 403(b)(7) |
11 |
11 |
- |
|
IRAs or annuities (Code 408) |
29 |
26 |
3 |
|
Other defined contribution |
892 |
768 |
123 |
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 any 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 plan years beginning in 1995.
Table B8: Number of Plans by type of plan and method of funding, 1995
|
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 |
693,404 |
69,492 |
623,912 |
690,265 |
67,682 |
622,584 |
3,139 |
1,810 |
1,328 |
|
Trust |
474,942 |
38,485 |
436,458 |
472,767 |
37,249 |
435,518 |
2,175 |
1,235 |
940 |
|
Insurance |
12,867 |
2,910 |
9,957 |
12,843 |
2,898 |
9,945 |
24 |
12 |
12 |
|
Trust and insurance |
166,034 |
17,660 |
148,373 |
165,129 |
17,098 |
148,031 |
905 |
562 |
343 |
|
Other |
39,561 |
10,437 |
29,124 |
39,526 |
10,436 |
29,090 |
35 |
1 |
34 |
|
Funding arrangement for payment of benefits |
|||||||||
|
Total |
693,404 |
69,492 |
623,912 |
690,265 |
67,682 |
622,584 |
3,139 |
1,810 |
1,328 |
|
Trust |
468,082 |
38,099 |
429,983 |
466,826 |
37,384 |
429,442 |
1,256 |
714 |
542 |
|
Insurance |
46,731 |
7,744 |
38,986 |
46,580 |
7,669 |
38,911 |
150 |
75 |
75 |
|
Trust and insurance |
124,146 |
12,865 |
111,281 |
122,458 |
11,848 |
110,610 |
1,687 |
1,017 |
670 |
|
Other |
54,446 |
10,784 |
43,662 |
54,401 |
10,780 |
43,621 |
45 |
4 |
41 |
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 plan years beginning in 1995.
Table B9: Number of Participants by type of plan and method of funding, 1995 (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 |
87,452 |
39,736 |
47,716 |
76,969 |
31,341 |
45,629 |
10,483 |
8,395 |
2,088 |
|
Trust |
53,875 |
24,917 |
28,959 |
47,652 |
20,166 |
27,486 |
6,223 |
4,750 |
1,473 |
|
Insurance |
643 |
330 |
313 |
633 |
325 |
308 |
10 |
5 |
5 |
|
Trust and insurance |
31,111 |
13,844 |
17,267 |
26,861 |
10,205 |
16,657 |
4,250 |
3,640 |
610 |
|
Other |
1,823 |
645 |
1,178 |
1,823 |
645 |
1,178 |
(3) |
(3) |
0 |
|
Funding arrangement for payment of benefits |
|||||||||
|
Total |
87,452 |
39,736 |
47,716 |
76,969 |
31,341 |
45,629 |
10,483 |
8,395 |
2,088 |
|
Trust |
52,613 |
22,790 |
29,823 |
48,328 |
19,377 |
28,951 |
4,285 |
3,413 |
872 |
|
Insurance |
3,424 |
1,457 |
1,967 |
3,318 |
1,384 |
1,934 |
106 |
72 |
33 |
|
Trust and insurance |
29,214 |
14,733 |
14,481 |
23,128 |
9,825 |
13,303 |
6,086 |
4,908 |
1,178 |
|
Other |
2,201 |
756 |
1,445 |
2,195 |
754 |
1,441 |
6 |
1 |
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.
- Less than 1,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table B10: Number of Plans by date of establishment and type of plan, 1995
|
Date of Establishment |
Type of Plan |
Type of Plan |
Type of Plan |
Type of Plan |
Type of Plan |
Type of Plan |
Type of Plan |
Type of Plan |
|---|---|---|---|---|---|---|---|---|
|
Total |
693,404 |
87,452 |
69,492 |
39,736 |
200,813 |
31,385 |
423,009 |
16,331 |
|
Prior to 1950 |
7,405 |
9,384 |
4,475 |
8,532 |
293 |
467 |
2,638 |
385 |
|
1950-1954 |
3,243 |
5,526 |
1,961 |
4,493 |
451 |
726 |
831 |
306 |
|
1955-1959 |
6,069 |
6,768 |
2,867 |
5,190 |
918 |
1,133 |
2,284 |
445 |
|
1960-1964 |
11,570 |
5,396 |
5,410 |
3,713 |
1,846 |
934 |
4,313 |
750 |
|
1965-1969 |
25,773 |
7,302 |
6,764 |
4,448 |
4,203 |
1,887 |
14,806 |
967 |
|
1970-1974 |
49,650 |
7,031 |
7,893 |
3,370 |
6,880 |
1,926 |
34,877 |
1,735 |
|
1975-1979 |
78,968 |
7,436 |
7,799 |
2,469 |
9,439 |
2,355 |
61,731 |
2,612 |
|
1980-1984 |
110,938 |
11,475 |
12,126 |
2,889 |
18,965 |
5,513 |
79,847 |
3,073 |
|
1985-1989 |
186,562 |
15,295 |
11,710 |
2,891 |
59,182 |
8,698 |
115,670 |
3,706 |
|
1990-1994 |
159,501 |
9,630 |
6,798 |
1,428 |
69,564 |
6,162 |
83,140 |
2,040 |
|
1995 |
49,925 |
2,040 |
1,576 |
216 |
28,243 |
1,519 |
20,106 |
305 |
|
Date Not Specified |
3,799 |
169 |
114 |
97 |
831 |
65 |
2,855 |
7 |
|
Median Age of Plan |
9 |
- |
17 |
- |
6 |
- |
10 |
- |
Note: This table indicates the date of establishment for plans filing a 1995 Form 5500 series report. It does not indicate the actual number of plans established in each period because plans which terminated or merged prior to 1995 and stopped filing Form 5500 are not counted in the numbers.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table B11: Average Number of Participants in Pension Plans by date of establishment and type of plan, 1995
|
Date of Establishment |
Type of Plan |
Type of Plan |
Type of Plan |
Type of Plan |
|---|---|---|---|---|
|
Total |
137 |
632 |
161 |
43 |
|
Prior to 1950 |
1,433 |
2,021 |
1,805 |
186 |
|
1950-1954 |
1,834 |
2,420 |
1,658 |
426 |
|
1955-1959 |
1,213 |
1,910 |
1,275 |
225 |
|
1960-1964 |
508 |
725 |
521 |
202 |
|
1965-1969 |
312 |
717 |
458 |
74 |
|
1970-1974 |
155 |
467 |
286 |
55 |
|
1975-1979 |
102 |
353 |
257 |
46 |
|
1980-1984 |
113 |
278 |
301 |
42 |
|
1985-1989 |
88 |
285 |
152 |
35 |
|
1990-1994 |
65 |
225 |
92 |
27 |
|
1995 |
42 |
139 |
54 |
16 |
Note: Excludes plans with no participants reported.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Figure B. Plans Established Each Year and Still in Existence in 1995
Source: Form 5500 series reports filed with the Internal Revenue Service for the 1995 plan year.
Section C: Financial
Table C1: Distribution of Assets by number of participants, 1995 (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) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
$2,723,735 |
$1,402,079 |
$1,321,657 |
$2,458,153 |
$1,163,416 |
$1,294,737 |
$265,582 |
$238,663 |
$26,920 |
|
None or not reported |
2,588 |
644 |
1,944 |
2,432 |
512 |
1,920 |
156 |
132 |
23 |
|
2-9 |
112,588 |
10,829 |
101,759 |
112,588 |
10,829 |
101,759 |
- |
- |
- |
|
10-24 |
81,109 |
4,042 |
77,066 |
81,104 |
4,042 |
77,061 |
5 |
- |
5 |
|
25-49 |
62,154 |
3,749 |
58,405 |
62,107 |
3,748 |
58,358 |
47 |
(3) |
47 |
|
50-99 |
65,313 |
7,192 |
58,121 |
64,836 |
7,079 |
57,757 |
477 |
113 |
365 |
|
100-249 |
91,593 |
17,161 |
74,431 |
89,635 |
15,906 |
73,730 |
1,957 |
1,256 |
702 |
|
250-499 |
86,313 |
26,331 |
59,982 |
81,080 |
22,470 |
58,609 |
5,234 |
3,861 |
1,373 |
|
500-999 |
112,829 |
43,793 |
69,036 |
100,596 |
34,582 |
66,014 |
12,233 |
9,210 |
3,023 |
|
1,000-2,499 |
212,349 |
100,993 |
111,356 |
184,341 |
78,917 |
105,424 |
28,007 |
22,076 |
5,932 |
|
2,500-4,999 |
209,525 |
107,152 |
102,373 |
179,039 |
82,885 |
96,154 |
30,487 |
24,267 |
6,219 |
|
5,000-9,999 |
270,516 |
144,591 |
125,925 |
240,454 |
116,903 |
123,551 |
30,062 |
27,688 |
2,374 |
|
10,000-19,999 |
311,810 |
178,788 |
133,022 |
277,132 |
147,556 |
129,577 |
34,677 |
31,233 |
3,445 |
|
20,000-49,999 |
454,059 |
235,148 |
218,911 |
415,285 |
199,325 |
215,960 |
38,774 |
35,823 |
2,951 |
|
50,000 or more |
650,991 |
521,665 |
129,325 |
567,525 |
438,662 |
128,864 |
83,466 |
83,004 |
462 |
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.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C2: Distribution of Assets by asset size, 1995 (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) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
$2,723,735 |
$1,402,079 |
$1,321,657 |
$2,458,153 |
$1,163,416 |
$1,294,737 |
$265,582 |
$238,663 |
$26,920 |
|
$1-24K |
516 |
6 |
510 |
516 |
6 |
510 |
(3) |
(3) |
(3) |
|
25-49K |
1,329 |
36 |
1,293 |
1,329 |
36 |
1,293 |
(3) |
- |
(3) |
|
50-99K |
4,206 |
157 |
4,049 |
4,204 |
157 |
4,048 |
1 |
(3) |
1 |
|
100-249K |
21,294 |
1,206 |
20,088 |
21,284 |
1,205 |
20,079 |
9 |
1 |
9 |
|
250-499K |
42,842 |
3,074 |
39,768 |
42,830 |
3,070 |
39,760 |
11 |
4 |
8 |
|
500-999K |
70,384 |
7,540 |
62,844 |
70,320 |
7,529 |
62,790 |
64 |
11 |
53 |
|
1-2.4M |
118,529 |
13,576 |
104,953 |
118,061 |
13,461 |
104,600 |
468 |
115 |
353 |
|
2.5-4.9M |
91,275 |
13,664 |
77,611 |
89,816 |
13,113 |
76,702 |
1,459 |
551 |
909 |
|
5-9.9M |
89,768 |
19,572 |
70,196 |
86,729 |
17,961 |
68,768 |
3,039 |
1,611 |
1,428 |
|
10-24.9M |
136,753 |
46,825 |
89,927 |
127,036 |
40,442 |
86,595 |
9,716 |
6,384 |
3,333 |
|
25-49.9M |
128,431 |
54,499 |
73,932 |
113,608 |
44,027 |
69,581 |
14,823 |
10,472 |
4,350 |
|
50-74.9M |
86,359 |
42,330 |
44,029 |
74,863 |
33,389 |
41,473 |
11,496 |
8,941 |
2,556 |
|
75-99.9M |
67,526 |
32,650 |
34,876 |
58,037 |
24,998 |
33,039 |
9,489 |
7,652 |
1,837 |
|
100-149.9M |
99,842 |
47,789 |
52,053 |
84,555 |
35,202 |
49,353 |
15,287 |
12,587 |
2,699 |
|
150-199.9M |
77,816 |
42,661 |
35,155 |
64,879 |
32,266 |
32,612 |
12,937 |
10,395 |
2,542 |
|
200-249.9M |
64,857 |
32,860 |
31,997 |
54,344 |
23,027 |
31,317 |
10,513 |
9,834 |
679 |
|
250-499.9M |
225,829 |
127,019 |
98,810 |
195,746 |
100,072 |
95,674 |
30,083 |
26,947 |
3,136 |
|
500-999.9M |
276,645 |
164,674 |
111,970 |
235,452 |
126,507 |
108,945 |
41,192 |
38,167 |
3,025 |
|
1-2.49B |
379,972 |
207,771 |
172,201 |
340,793 |
168,592 |
172,201 |
39,180 |
39,180 |
- |
|
2.5B or more |
739,640 |
544,231 |
195,409 |
673,828 |
478,419 |
195,409 |
65,812 |
65,812 |
- |
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: 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 plan years beginning in 1995.
Table C3: Distribution of Assets by industry, 1995 (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) |
|---|---|---|---|---|---|---|---|---|---|
|
Total |
$2,723,735 |
$1,402,079 |
$1,321,657 |
$2,458,153 |
$1,163,416 |
$1,294,737 |
$265,582 |
$238,663 |
$26,920 |
|
Agriculture |
8,109 |
3,034 |
5,075 |
7,926 |
2,856 |
5,070 |
183 |
178 |
5 |
|
Mining |
32,480 |
16,889 |
15,591 |
26,214 |
10,726 |
15,488 |
6,266 |
6,163 |
103 |
|
Construction |
159,771 |
108,995 |
50,776 |
33,683 |
4,451 |
29,231 |
126,088 |
104,544 |
21,545 |
|
Manufacturing |
1,148,700 |
639,338 |
509,363 |
1,130,563 |
622,064 |
508,499 |
18,137 |
17,274 |
864 |
|
Transportation |
131,061 |
91,430 |
39,631 |
76,013 |
37,893 |
38,120 |
55,047 |
53,537 |
1,511 |
|
Communications and utilities |
317,290 |
218,994 |
98,296 |
315,230 |
217,072 |
98,159 |
2,059 |
1,922 |
137 |
|
Wholesale trade |
70,910 |
18,670 |
52,240 |
67,520 |
15,380 |
52,140 |
3,390 |
3,290 |
100 |
|
Retail trade |
113,491 |
41,073 |
72,418 |
93,382 |
21,299 |
72,083 |
20,109 |
19,774 |
335 |
|
Finance, insurance & real estate |
281,430 |
120,668 |
160,762 |
280,857 |
120,144 |
160,713 |
573 |
524 |
49 |
|
Services |
406,643 |
111,908 |
294,735 |
373,021 |
80,506 |
292,515 |
33,622 |
31,401 |
2,220 |
|
Tax-exempt organizations |
51,065 |
30,169 |
20,896 |
50,974 |
30,119 |
20,855 |
91 |
49 |
42 |
|
Industry not reported |
2,786 |
910 |
1,875 |
2,769 |
905 |
1,864 |
16 |
6 |
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 plan years beginning in 1995.
Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)
|
Type of Asset or Liability |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$25,793 |
$13,617 |
$12,177 |
|
Participant contributions |
1,599 |
56 |
1,543 |
|
Income receivables |
4,901 |
3,007 |
1,894 |
|
Other receivables |
13,159 |
7,952 |
5,206 |
|
Less allowance for doubtful accounts |
(138) |
(131) |
(7) |
|
Total receivables (net) |
45,314 |
24,501 |
20,813 |
|
General Investments |
|||
|
Interest-bearing cash |
51,107 |
22,267 |
28,840 |
|
Certificates of deposit |
4,715 |
1,905 |
2,810 |
|
U.S. Government securities |
142,547 |
112,014 |
30,533 |
|
Corporate debt instruments: Preferred |
31,638 |
22,094 |
9,544 |
|
Corporate debt instruments: All other |
51,631 |
38,766 |
12,864 |
|
Preferred stock |
11,610 |
2,484 |
9,126 |
|
Common stock |
323,207 |
239,123 |
84,084 |
|
Partnership/joint venture interests |
10,824 |
10,008 |
817 |
|
Income-producing real estate |
6,273 |
5,710 |
563 |
|
Nonincome-producing real estate |
377 |
297 |
80 |
|
Residential loans (other than to participants) secured by mortgages |
1,316 |
860 |
456 |
|
Commercial loans secured by mortgages |
3,747 |
3,426 |
321 |
|
Mortgage loans to participants |
673 |
95 |
577 |
|
Other loans to participants |
16,788 |
37 |
16,751 |
|
Other loans |
1,023 |
781 |
242 |
|
Value of interest in common/collective trusts |
161,317 |
84,390 |
76,927 |
|
Value of interest in pooled separate accounts |
64,911 |
34,954 |
29,957 |
|
Value of interest in master trusts |
890,649 |
666,240 |
224,409 |
|
Value of interest in 103-12 investment entities |
3,406 |
1,798 |
1,608 |
|
Value of interest in registered investment companies |
202,511 |
35,064 |
167,447 |
|
Value of funds held in insurance company general account |
126,224 |
31,545 |
94,679 |
|
Other or unspecified general investments |
73,500 |
28,832 |
44,668 |
|
Total general investments |
2,179,993 |
1,342,690 |
837,302 |
|
Employer securities |
170,917 |
6,332 |
164,585 |
|
Employer real property |
538 |
82 |
456 |
|
Unspecified investments |
429 |
187 |
242 |
|
Total noninterest-bearing cash |
2,560 |
1,604 |
956 |
|
Buildings and other property used in plan operations |
234 |
228 |
6 |
|
Total Assets |
2,399,984 |
1,375,623 |
1,024,361 |
|
Liabilities |
|||
|
Benefit claims payable |
5,497 |
833 |
4,664 |
|
Operating payables |
9,882 |
4,666 |
5,216 |
|
Acquisition indebtedness |
16,131 |
494 |
15,636 |
|
Other liabilities |
23,723 |
11,556 |
12,166 |
|
Total Liabilities |
55,232 |
17,550 |
37,683 |
|
Net Assets |
2,344,752 |
1,358,074 |
986,678 |
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995(1) (amounts in millions)
|
Type of Asset or Liability |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$24,405 |
$12,438 |
$11,968 |
|
Participant contributions |
1,583 |
53 |
1,530 |
|
Income receivables |
3,602 |
1,859 |
1,743 |
|
Other receivables |
11,836 |
6,759 |
5,076 |
|
Less allowance for doubtful accounts |
13 |
17 |
(4) |
|
Total receivables (net) |
41,439 |
21,126 |
20,314 |
|
General Investments |
|||
|
Interest-bearing cash |
41,778 |
14,190 |
27,588 |
|
Certificates of deposit |
3,499 |
1,369 |
2,131 |
|
U.S. Government securities |
79,965 |
57,394 |
22,572 |
|
Corporate debt instruments: Preferred |
18,022 |
9,385 |
8,636 |
|
Corporate debt instruments: All other |
33,676 |
23,337 |
10,340 |
|
Preferred stock |
10,923 |
1,844 |
9,080 |
|
Common stock |
237,395 |
156,113 |
81,282 |
|
Partnership/joint venture interests |
9,916 |
9,111 |
805 |
|
Income-producing real estate |
3,153 |
2,637 |
516 |
|
Nonincome-producing real estate |
133 |
60 |
72 |
|
Residential loans (other than to participants) secured by mortgages |
746 |
388 |
358 |
|
Commercial loans secured by mortgages |
1,266 |
1,028 |
237 |
|
Mortgage loans to participants |
571 |
6 |
564 |
|
Other loans to participants |
16,511 |
18 |
16,493 |
|
Other loans |
256 |
25 |
232 |
|
Value of interest in common/collective trusts |
134,636 |
59,410 |
75,227 |
|
Value of interest in pooled separate accounts |
60,279 |
30,836 |
29,443 |
|
Value of interest in master trusts |
890,029 |
665,826 |
224,203 |
|
Value of interest in 103-12 investment entities |
2,129 |
958 |
1,171 |
|
Value of interest in registered investment companies |
195,599 |
29,528 |
166,071 |
|
Value of funds held in insurance company general account |
116,264 |
24,685 |
91,579 |
|
Other or unspecified general investments |
63,540 |
20,734 |
42,806 |
|
Total general investments |
1,920,288 |
1,108,880 |
811,407 |
|
Employer securities |
170,188 |
5,630 |
164,558 |
|
Employer real property |
534 |
78 |
456 |
|
Unspecified investments |
426 |
186 |
240 |
|
Total noninterest-bearing cash |
2,201 |
1,295 |
905 |
|
Buildings and other property used in plan operations |
12 |
10 |
2 |
|
Total Assets |
2,135,087 |
1,137,206 |
997,881 |
|
Liabilities |
|||
|
Benefit claims payable |
5,284 |
736 |
4,548 |
|
Operating payables |
8,924 |
3,750 |
5,174 |
|
Acquisition indebtedness |
16,031 |
406 |
15,625 |
|
Other liabilities |
21,492 |
9,461 |
12,031 |
|
Total Liabilities |
51,731 |
14,353 |
37,378 |
|
Net Assets |
2,083,356 |
1,122,853 |
960,503 |
Footnotes
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995(1) (amounts in millions)
|
Type of Asset or Liability |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$1,388 |
$1,179 |
$209 |
|
Participant contributions |
15 |
3 |
12 |
|
Income receivables |
1,299 |
1,148 |
151 |
|
Other receivables |
1,323 |
1,193 |
130 |
|
Less allowance for doubtful accounts |
(151) |
(147) |
(3) |
|
Total receivables (net) |
3,875 |
3,376 |
499 |
|
General Investments |
|||
|
Interest-bearing cash |
9,329 |
8,077 |
1,252 |
|
Certificates of deposit |
1,215 |
537 |
679 |
|
U.S. Government securities |
62,581 |
54,620 |
7,961 |
|
Corporate debt instruments: Preferred |
13,616 |
12,708 |
908 |
|
Corporate debt instruments: All other |
17,954 |
15,430 |
2,525 |
|
Preferred stock |
687 |
641 |
46 |
|
Common stock |
85,811 |
83,009 |
2,802 |
|
Partnership/joint venture interests |
909 |
897 |
12 |
|
Income-producing real estate |
3,120 |
3,073 |
47 |
|
Nonincome-producing real estate |
245 |
237 |
8 |
|
Residential loans (other than to participants) secured by mortgages |
570 |
472 |
98 |
|
Commercial loans secured by mortgages |
2,481 |
2,397 |
83 |
|
Mortgage loans to participants |
102 |
89 |
13 |
|
Other loans to participants |
277 |
19 |
258 |
|
Other loans |
766 |
756 |
10 |
|
Value of interest in common/collective trusts |
26,681 |
24,981 |
1,700 |
|
Value of interest in pooled separate accounts |
4,632 |
4,118 |
514 |
|
Value of interest in master trusts |
620 |
414 |
206 |
|
Value of interest in 103-12 investment entities |
1,277 |
840 |
436 |
|
Value of interest in registered investment companies |
6,912 |
5,536 |
1,376 |
|
Value of funds held in insurance company general account |
9,959 |
6,860 |
3,100 |
|
Other or unspecified general investments |
9,960 |
8,098 |
1,861 |
|
Total general investments |
259,705 |
233,810 |
25,895 |
|
Employer securities |
729 |
702 |
28 |
|
Employer real property |
4 |
4 |
(2) |
|
Unspecified investments |
3 |
(2) |
3 |
|
Total noninterest-bearing cash |
360 |
308 |
51 |
|
Buildings and other property used in plan operations |
222 |
218 |
4 |
|
Total Assets |
264,897 |
238,417 |
26,480 |
|
Liabilities |
|||
|
Benefit claims payable |
213 |
97 |
116 |
|
Operating payables |
958 |
916 |
42 |
|
Acquisition indebtedness |
100 |
88 |
11 |
|
Other liabilities |
2,231 |
2,096 |
135 |
|
Total Liabilities |
3,501 |
3,197 |
304 |
|
Net Assets |
261,396 |
235,221 |
26,175 |
Footnotes
- Includes multiemployer plans and multiple-employer collectively bargained plans.
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C7: Percent Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1995
|
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 |
1 |
|
Receivables |
2 |
8 |
3 |
2 |
2 |
1 |
|
U.S. Government securities |
8 |
4 |
9 |
12 |
10 |
6 |
|
Corporate debt instruments: Preferred |
2 |
4 |
1 |
2 |
2 |
2 |
|
Corporate debt instruments: All other |
3 |
2 |
3 |
4 |
4 |
2 |
|
Corporate stocks |
18 |
5 |
13 |
21 |
19 |
16 |
|
Real estate and mortgages (other than to participants) |
1 |
(1) |
(1) |
1 |
1 |
1 |
|
Other loans to participants |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
Value of interest in common/collective trusts |
6 |
9 |
11 |
7 |
5 |
6 |
|
Value of interest in pooled separate accounts |
3 |
5 |
8 |
4 |
2 |
2 |
|
Value of interest in master trusts |
48 |
18 |
20 |
33 |
45 |
57 |
|
Value of interest in registered investment companies |
3 |
9 |
10 |
5 |
3 |
1 |
|
Value of funds held in insurance company general account |
2 |
15 |
12 |
3 |
2 |
1 |
|
Employer securities |
(1) |
(1) |
(1) |
(1) |
(1) |
1 |
|
Other investments |
3 |
13 |
4 |
3 |
3 |
3 |
Footnotes
- Less than one percent.
Notes: The letters M and B in the column headings denote millions and billions, respectively. Percentage distributions may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C8: Percent Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1995
|
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 |
3 |
7 |
6 |
4 |
3 |
2 |
|
Receivables |
2 |
6 |
3 |
2 |
2 |
1 |
|
U.S. Government securities |
3 |
2 |
4 |
4 |
3 |
2 |
|
Corporate debt instruments: Preferred |
1 |
5 |
4 |
1 |
(1) |
1 |
|
Corporate debt instruments: All other |
1 |
1 |
2 |
2 |
1 |
1 |
|
Corporate stocks |
9 |
4 |
7 |
9 |
9 |
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 |
6 |
9 |
10 |
6 |
6 |
|
Value of interest in pooled separate accounts |
3 |
18 |
11 |
4 |
1 |
1 |
|
Value of interest in master trusts |
22 |
2 |
3 |
12 |
24 |
35 |
|
Value of interest in registered investment companies |
16 |
21 |
25 |
25 |
15 |
6 |
|
Value of funds held in insurance company general account |
9 |
12 |
11 |
9 |
9 |
9 |
|
Employer securities |
16 |
3 |
5 |
11 |
21 |
21 |
|
Other investments |
5 |
12 |
8 |
4 |
5 |
4 |
Footnotes
- Less than one percent.
Notes: The letters M and B in the column headings denote millions and billions, respectively. Percentage distributions may not add to 100 because of rounding.
SOURCE: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$74,653 |
$37,994 |
$36,659 |
|
Participants |
51,789 |
550 |
51,239 |
|
Others |
3,404 |
410 |
2,994 |
|
Noncash contributions |
836 |
64 |
773 |
|
Total contributions |
130,682 |
39,017 |
91,665 |
|
Interest earnings |
|||
|
Interest-bearing cash |
6,070 |
2,465 |
3,605 |
|
Certificates of deposit |
275 |
110 |
165 |
|
U.S. Government securities |
8,172 |
6,547 |
1,625 |
|
Corporate debt instruments |
4,940 |
3,913 |
1,027 |
|
Mortgage loans |
312 |
254 |
58 |
|
Other loans |
884 |
44 |
841 |
|
Other or unspecified interest |
13,022 |
4,311 |
8,711 |
|
Total interest earnings |
33,675 |
17,644 |
16,032 |
|
Dividends |
|||
|
Preferred stock |
1,363 |
178 |
1,185 |
|
Common stock |
12,924 |
5,470 |
7,453 |
|
Total dividend income |
14,288 |
5,649 |
8,640 |
|
Rents |
368 |
268 |
100 |
|
Net gain (loss) on sale of Assets |
32,145 |
23,704 |
8,441 |
|
Unrealized appreciation (depreciation) of Assets |
120,317 |
57,767 |
62,550 |
|
Net investment gain (loss) from common/collective trusts |
18,975 |
10,834 |
8,140 |
|
Net investment gain (loss) from pooled separate accounts |
9,610 |
5,240 |
4,370 |
|
Net investment gain (loss) from master trusts |
157,188 |
119,724 |
37,465 |
|
Net investment gain (loss) from 103-12 investment entities |
406 |
240 |
166 |
|
Net investment gain (loss) from registered investment companies |
24,268 |
3,744 |
20,524 |
|
Other or unspecified income |
6,233 |
2,674 |
3,559 |
|
Total Income |
548,155 |
286,505 |
261,650 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
144,748 |
74,915 |
69,833 |
|
Payments to insurance carriers |
3,036 |
2,729 |
308 |
|
Other benefits |
1,316 |
391 |
925 |
|
Total payments |
149,099 |
78,034 |
71,065 |
|
Interest expense |
2,329 |
15 |
2,314 |
|
Administrative expenses |
|||
|
Salaries and allowances |
251 |
210 |
41 |
|
Accounting fees |
125 |
83 |
42 |
|
Actuarial fees |
373 |
354 |
19 |
|
Contract administrator fees |
413 |
272 |
141 |
|
Investment advisory and management fees |
2,677 |
2,225 |
452 |
|
Legal fees |
133 |
111 |
22 |
|
Valuation/appraisal fees |
14 |
7 |
6 |
|
Trustee fees/expenses |
555 |
339 |
216 |
|
Other administrative expenses |
1,770 |
1,362 |
408 |
|
Total administrative expenses |
6,310 |
4,964 |
1,346 |
|
Other or unspecified expenses |
21 |
3 |
19 |
|
Total Expenses |
157,759 |
83,015 |
74,744 |
|
Net Income |
390,396 |
203,490 |
186,907 |
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$63,710 |
$29,263 |
$34,447 |
|
Participants |
51,616 |
517 |
51,099 |
|
Others |
3,348 |
364 |
2,984 |
|
Noncash contributions |
836 |
63 |
773 |
|
Total contributions |
119,510 |
30,208 |
89,302 |
|
Interest earnings |
|||
|
Interest-bearing cash |
5,257 |
1,761 |
3,496 |
|
Certificates of deposit |
201 |
79 |
122 |
|
U.S. Government securities |
4,292 |
3,138 |
1,154 |
|
Corporate debt instruments |
2,746 |
1,929 |
817 |
|
Mortgage loans |
85 |
38 |
47 |
|
Other loans |
828 |
21 |
807 |
|
Other or unspecified interest |
11,395 |
2,942 |
8,453 |
|
Total interest earnings |
24,803 |
9,907 |
14,896 |
|
Dividends |
|||
|
Preferred stock |
1,295 |
117 |
1,178 |
|
Common stock |
11,246 |
3,866 |
7,379 |
|
Total dividend income |
12,542 |
3,983 |
8,558 |
|
Rents |
226 |
128 |
98 |
|
Net gain (loss) on sale of Assets |
23,822 |
15,683 |
8,138 |
|
Unrealized appreciation (depreciation) of Assets |
100,784 |
39,272 |
61,513 |
|
Net investment gain (loss) from common/collective trusts |
15,869 |
7,875 |
7,994 |
|
Net investment gain (loss) from pooled separate accounts |
9,152 |
4,843 |
4,309 |
|
Net investment gain (loss) from master trusts |
157,107 |
119,654 |
37,453 |
|
Net investment gain (loss) from 103-12 investment entities |
278 |
154 |
124 |
|
Net investment gain (loss) from registered investment companies |
23,563 |
3,167 |
20,396 |
|
Other or unspecified income |
5,924 |
2,392 |
3,532 |
|
Total Income |
493,579 |
237,266 |
256,312 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
130,188 |
61,873 |
68,315 |
|
Payments to insurance carriers |
1,988 |
1,683 |
305 |
|
Other benefits |
1,258 |
355 |
902 |
|
Total payments |
133,433 |
63,912 |
69,521 |
|
Interest expense |
2,323 |
9 |
2,314 |
|
Administrative expenses |
|||
|
Salaries and allowances |
86 |
58 |
29 |
|
Accounting fees |
80 |
46 |
34 |
|
Actuarial fees |
313 |
296 |
16 |
|
Contract administrator fees |
257 |
137 |
121 |
|
Investment advisory and management fees |
1,927 |
1,538 |
389 |
|
Legal fees |
43 |
32 |
10 |
|
Valuation/appraisal fees |
12 |
6 |
6 |
|
Trustee fees/expenses |
531 |
318 |
212 |
|
Other administrative expenses |
1,376 |
1,014 |
362 |
|
Total administrative expenses |
4,625 |
3,446 |
1,179 |
|
Other or unspecified expenses |
21 |
3 |
19 |
|
Total Expenses |
140,402 |
67,370 |
73,032 |
|
Net Income |
353,177 |
169,897 |
183,280 |
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)
|
Income and Expenses |
Total |
Defined Benefit |
Defined Contribution |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$10,943 |
$8,730 |
$2,213 |
|
Participants |
173 |
32 |
141 |
|
Others |
55 |
46 |
9 |
|
Noncash contributions |
1 |
1 |
0 |
|
Total contributions |
11,172 |
8,809 |
2,363 |
|
Interest earnings |
|||
|
Interest-bearing cash |
813 |
705 |
109 |
|
Certificates of deposit |
74 |
31 |
43 |
|
U.S. Government securities |
3,880 |
3,409 |
471 |
|
Corporate debt instruments |
2,194 |
1,985 |
210 |
|
Mortgage loans |
228 |
216 |
11 |
|
Other loans |
57 |
23 |
34 |
|
Other or unspecified interest |
1,627 |
1,369 |
258 |
|
Total interest earnings |
8,872 |
7,737 |
1,135 |
|
Dividends |
|||
|
Preferred stock |
68 |
62 |
7 |
|
Common stock |
1,678 |
1,604 |
74 |
|
Total dividend income |
1,747 |
1,665 |
81 |
|
Rents |
143 |
140 |
2 |
|
Net gain (loss) on sale of Assets |
8,323 |
8,020 |
303 |
|
Unrealized appreciation (depreciation) of Assets |
19,533 |
18,495 |
1,037 |
|
Net investment gain (loss) from common/collective trusts |
3,106 |
2,960 |
146 |
|
Net investment gain (loss) from pooled separate accounts |
458 |
397 |
61 |
|
Net investment gain (loss) from master trusts |
81 |
69 |
12 |
|
Net investment gain (loss) from 103-12 investment entities |
128 |
86 |
42 |
|
Net investment gain (loss) from registered investment companies |
705 |
577 |
128 |
|
Other or unspecified income |
309 |
282 |
27 |
|
Total Income |
54,576 |
49,238 |
5,338 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
14,560 |
13,041 |
1,518 |
|
Payments to insurance carriers |
1,048 |
1,045 |
3 |
|
Other benefits |
58 |
35 |
23 |
|
Total payments |
15,666 |
14,122 |
1,544 |
|
Interest expense |
6 |
5 |
(1) |
|
Administrative expenses |
|||
|
Salaries and allowances |
164 |
152 |
12 |
|
Accounting fees |
45 |
37 |
8 |
|
Actuarial fees |
61 |
58 |
3 |
|
Contract administrator fees |
155 |
135 |
20 |
|
Investment advisory and management fees |
750 |
688 |
63 |
|
Legal fees |
90 |
78 |
12 |
|
Valuation/appraisal fees |
1 |
1 |
(1) |
|
Trustee fees/expenses |
24 |
21 |
3 |
|
Other administrative expenses |
394 |
348 |
46 |
|
Total administrative expenses |
1,686 |
1,518 |
167 |
|
Other or unspecified expenses |
(1) |
(1) |
(1) |
|
Total Expenses |
17,357 |
15,645 |
1,711 |
|
Net Income |
37,220 |
33,593 |
3,627 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C12: Percentage Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1995
|
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 |
13 |
53 |
31 |
18 |
16 |
9 |
|
Participants |
(1) |
1 |
(1) |
(1) |
(1) |
(1) |
|
Others |
(1) |
1 |
(1) |
(1) |
(1) |
(1) |
|
Total contributions |
14 |
54 |
31 |
19 |
16 |
10 |
|
Interest earnings: |
||||||
|
Interest-bearing cash |
1 |
2 |
2 |
1 |
1 |
1 |
|
Certificates of deposit |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
U.S. Government securities |
2 |
1 |
2 |
3 |
3 |
2 |
|
Corporate debt instruments |
1 |
(1) |
1 |
2 |
2 |
1 |
|
Mortgage loans |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
Other loans |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
Other or unspecified interest |
2 |
4 |
4 |
2 |
2 |
1 |
|
Total interest earnings |
6 |
8 |
10 |
8 |
7 |
5 |
|
Total dividend income |
2 |
1 |
2 |
3 |
2 |
2 |
|
Net gain (loss) on sale of Assets |
8 |
4 |
5 |
9 |
9 |
8 |
|
Unrealized appreciation (depreciation) of Assets |
20 |
7 |
18 |
24 |
21 |
18 |
|
Net investment gain (loss) from common/collective trusts |
4 |
3 |
6 |
4 |
3 |
4 |
|
Net investment gain (loss) from pooled separate accounts |
2 |
2 |
5 |
3 |
2 |
1 |
|
Net investment gain (loss) from master trusts |
42 |
10 |
16 |
27 |
38 |
51 |
|
Net investment gain (loss) from registered investment companies |
1 |
3 |
5 |
3 |
2 |
(1) |
|
Other or unspecified income |
1 |
8 |
3 |
1 |
1 |
1 |
Footnotes
- Less than one percent.
Notes: Percentage distributions may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table C13: Percentage Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1995
|
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 |
14 |
26 |
21 |
17 |
13 |
9 |
|
Participants |
20 |
44 |
29 |
22 |
18 |
15 |
|
Others |
1 |
3 |
3 |
1 |
1 |
(1) |
|
Total contributions |
35 |
73 |
53 |
41 |
32 |
24 |
|
Interest earnings |
||||||
|
Interest-bearing cash |
1 |
1 |
2 |
2 |
1 |
1 |
|
Certificates of deposit |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
|
U.S. Government securities |
1 |
(1) |
1 |
1 |
1 |
(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 |
3 |
2 |
3 |
3 |
3 |
4 |
|
Total interest earnings |
6 |
3 |
6 |
7 |
6 |
6 |
|
Total dividend income |
3 |
1 |
2 |
3 |
4 |
4 |
|
Net gain (loss) on sale of Assets |
3 |
1 |
3 |
3 |
4 |
3 |
|
Unrealized appreciation (depreciation) of Assets |
24 |
3 |
11 |
20 |
29 |
30 |
|
Net investment gain (loss) from common/collective trusts |
3 |
1 |
3 |
4 |
3 |
2 |
|
Net investment gain (loss) from pooled separate accounts |
2 |
5 |
6 |
2 |
(1) |
1 |
|
Net investment gain (loss) from master trusts |
14 |
(1) |
1 |
7 |
14 |
26 |
|
Net investment gain (loss) from registered investment companies |
8 |
5 |
11 |
13 |
7 |
3 |
|
Other or unspecified income |
1 |
6 |
5 |
1 |
2 |
(1) |
Footnotes
- Less than one percent.
Note: Percentage distribution may not add to 100 because of rounding.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Figure C. Average Assets per Participant by plan size, 1995
Note: Each point shows the average assets per participant among plans reporting specific numbers of participants. For plans having more than 307 participants, averages are computed over participation intervals just wide enough to include at least 60 plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Section D: Defined Contribution Plans
Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1995 (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 |
$12,177 |
$9,709 |
$1,266 |
$35 |
$1,054 |
$113 |
|
Participant contributions |
1,543 |
1,418 |
63 |
4 |
33 |
25 |
|
Income receivables |
1,894 |
1,514 |
97 |
5 |
220 |
58 |
|
Other receivables |
5,206 |
3,743 |
1,251 |
2 |
184 |
27 |
|
Less allowance for doubtful accounts |
(7) |
(3) |
(1) |
0 |
(4) |
(1) |
|
Total receivables (net) |
20,813 |
16,381 |
2,677 |
46 |
1,487 |
222 |
|
General Investments |
||||||
|
Interest-bearing cash |
28,840 |
23,892 |
2,048 |
43 |
2,543 |
313 |
|
Certificates of deposit |
2,810 |
1,823 |
44 |
1 |
804 |
137 |
|
U.S. Government securities |
30,533 |
19,924 |
522 |
81 |
8,797 |
1,208 |
|
Corporate debt instruments: Preferred |
9,544 |
8,063 |
76 |
25 |
1,172 |
207 |
|
Corporate debt instruments: All other |
12,864 |
8,840 |
573 |
24 |
2,987 |
441 |
|
Preferred stock |
9,126 |
8,347 |
630 |
2 |
112 |
35 |
|
Common stock |
84,084 |
63,839 |
9,591 |
145 |
8,652 |
1,857 |
|
Partnership/joint venture interests |
817 |
653 |
3 |
1 |
152 |
8 |
|
Income-producing real estate |
563 |
328 |
3 |
(1) |
200 |
32 |
|
Nonincome-producing real estate |
80 |
67 |
1 |
(1) |
6 |
6 |
|
Residential loans (other than to participants) secured by mortgages |
456 |
307 |
6 |
(1) |
136 |
7 |
|
Commercial loans secured by mortgages |
321 |
223 |
5 |
(1) |
90 |
2 |
|
Mortgage loans to participants |
577 |
558 |
1 |
(1) |
16 |
2 |
|
Other loans to participants |
16,751 |
15,286 |
1,018 |
4 |
400 |
44 |
|
Other loans |
242 |
221 |
(1) |
(1) |
20 |
(1) |
|
Value of interest in common/collective trusts |
76,927 |
70,527 |
2,195 |
109 |
3,500 |
595 |
|
Value of interest in pooled separate accounts |
29,957 |
27,823 |
58 |
21 |
1,923 |
132 |
|
Value of interest in master trusts |
224,409 |
202,435 |
14,322 |
711 |
6,843 |
98 |
|
Value of interest in 103-12 investment entities |
1,608 |
1,317 |
67 |
0 |
223 |
1 |
|
Value of interest in registered investment companies |
167,447 |
153,347 |
3,830 |
268 |
8,951 |
1,050 |
|
Value of funds held in insurance company general account |
94,679 |
84,295 |
2,007 |
72 |
7,691 |
614 |
|
Other or unspecified general investments |
44,668 |
38,555 |
1,949 |
22 |
3,648 |
494 |
|
Total general investments |
837,302 |
730,670 |
38,951 |
1,529 |
58,868 |
7,284 |
|
Employer securities |
164,585 |
114,816 |
41,357 |
40 |
911 |
7,462 |
|
Employer real property |
456 |
417 |
3 |
0 |
(1) |
36 |
|
Unspecified investments |
242 |
236 |
(1) |
(1) |
7 |
(1) |
|
Total noninterest-bearing cash |
956 |
786 |
49 |
2 |
103 |
16 |
|
Buildings and other property used in plan operations |
6 |
1 |
0 |
(1) |
4 |
1 |
|
Total Assets |
1,024,361 |
863,307 |
83,037 |
1,616 |
61,380 |
15,021 |
|
Liabilities |
||||||
|
Benefit claims payable |
4,664 |
3,495 |
725 |
8 |
285 |
150 |
|
Operating payables |
5,216 |
4,256 |
748 |
1 |
47 |
164 |
|
Acquisition indebtedness |
15,636 |
7,392 |
6,956 |
1 |
68 |
1,219 |
|
Other liabilities |
12,166 |
8,217 |
3,221 |
2 |
237 |
489 |
|
Total Liabilities |
37,683 |
23,360 |
11,650 |
12 |
637 |
2,023 |
|
Net Assets |
986,678 |
839,946 |
71,387 |
1,605 |
60,743 |
12,998 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1995 (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 |
$36,659 |
$27,538 |
$3,619 |
$106 |
$4,627 |
$769 |
|
Participants |
51,239 |
48,064 |
2,341 |
21 |
599 |
215 |
|
Others |
2,994 |
2,688 |
235 |
1 |
65 |
4 |
|
Noncash contributions |
773 |
558 |
201 |
(1) |
5 |
8 |
|
Total contributions |
91,665 |
78,848 |
6,396 |
129 |
5,295 |
996 |
|
Interest earnings |
||||||
|
Interest-bearing cash |
3,605 |
3,068 |
171 |
7 |
327 |
31 |
|
Certificates of deposit |
165 |
111 |
3 |
(1) |
42 |
9 |
|
U.S. Government securities |
1,625 |
1,083 |
10 |
4 |
456 |
72 |
|
Corporate debt instruments |
1,027 |
756 |
4 |
2 |
235 |
29 |
|
Mortgage loans |
58 |
44 |
(1) |
(1) |
14 |
1 |
|
Other loans |
841 |
770 |
43 |
(1) |
25 |
3 |
|
Other or unspecified interest |
8,711 |
7,892 |
195 |
6 |
577 |
42 |
|
Total interest earnings |
16,032 |
13,723 |
427 |
19 |
1,675 |
187 |
|
Dividends |
||||||
|
Preferred stock |
1,185 |
724 |
356 |
(1) |
23 |
82 |
|
Common stock |
7,453 |
5,924 |
1,079 |
5 |
318 |
128 |
|
Total dividend income |
8,640 |
6,648 |
1,435 |
5 |
341 |
210 |
|
Rents |
100 |
88 |
1 |
0 |
11 |
1 |
|
Net gain (loss) on sale of Assets |
8,441 |
6,867 |
674 |
9 |
747 |
144 |
|
Unrealized appreciation (depreciation) of Assets |
62,550 |
48,434 |
9,658 |
53 |
2,614 |
1,790 |
|
Net investment gain (loss) from common/collective trusts |
8,140 |
7,361 |
274 |
6 |
344 |
155 |
|
Net investment gain (loss) from pooled separate accounts |
4,370 |
4,075 |
6 |
3 |
269 |
16 |
|
Net investment gain (loss) from master trusts |
37,465 |
32,674 |
3,732 |
134 |
916 |
9 |
|
Net investment gain (loss) from 103-12 investment entities |
166 |
141 |
2 |
0 |
23 |
(1) |
|
Net investment gain (loss) from registered investment companies |
20,524 |
18,643 |
638 |
26 |
1,145 |
72 |
|
Other or unspecified income |
3,559 |
2,812 |
395 |
4 |
206 |
142 |
|
Total Income |
261,650 |
220,314 |
23,639 |
387 |
13,586 |
3,724 |
|
Expenses |
||||||
|
Benefit payments and payments to provide benefits |
||||||
|
Direct benefits |
69,833 |
59,992 |
5,232 |
109 |
3,668 |
832 |
|
Payments to insurance carriers |
308 |
103 |
20 |
3 |
156 |
25 |
|
Other benefits |
925 |
466 |
379 |
1 |
60 |
20 |
|
Total payments |
71,065 |
60,560 |
5,631 |
112 |
3,884 |
877 |
|
Interest expense |
2,314 |
1,281 |
885 |
(1) |
5 |
143 |
|
Administrative expenses |
||||||
|
Salaries and allowances |
41 |
22 |
1 |
(1) |
16 |
2 |
|
Accounting fees |
42 |
30 |
1 |
(1) |
9 |
2 |
|
Actuarial fees |
19 |
14 |
(1) |
(1) |
3 |
1 |
|
Contract administrator fees |
141 |
103 |
4 |
(1) |
29 |
5 |
|
Investment advisory and management fees |
452 |
340 |
10 |
2 |
90 |
11 |
|
Legal fees |
22 |
10 |
1 |
(1) |
9 |
2 |
|
Valuation/appraisal fees |
6 |
5 |
1 |
0 |
1 |
(1) |
|
Trustee fees/expenses |
216 |
187 |
11 |
1 |
14 |
2 |
|
Other administrative expenses |
408 |
318 |
17 |
1 |
57 |
15 |
|
Total administrative expenses |
1,346 |
1,030 |
46 |
3 |
227 |
39 |
|
Other or unspecified expenses |
19 |
3 |
5 |
(1) |
1 |
9 |
|
Total Expenses |
74,744 |
62,874 |
6,568 |
116 |
4,117 |
1,069 |
|
Net Income |
186,907 |
157,440 |
17,070 |
272 |
9,470 |
2,655 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
|
Type of Plan |
Number of Plans(1) |
Total Participants (thousands)(2) |
Active Participants (thousands)(3) |
Total Assets (millions) |
Total Contributions (millions)(4) |
Total Benefits (millions)(5) |
|---|---|---|---|---|---|---|
|
Total |
200,813 |
31,385 |
28,061 |
$863,918 |
$87,416 |
$62,163 |
|
Profit sharing and thrift-savings |
197,832 |
29,939 |
26,779 |
810,385 |
83,241 |
58,350 |
|
Stock bonus |
481 |
1,051 |
911 |
46,386 |
3,399 |
3,306 |
|
Target benefit |
63 |
4 |
4 |
37 |
10 |
4 |
|
Money purchase |
1,737 |
362 |
340 |
6,573 |
685 |
455 |
|
Annuity-403(b)(1) |
163 |
3 |
3 |
33 |
6 |
4 |
|
Custodial account-403(b)(7) |
34 |
2 |
2 |
49 |
11 |
5 |
|
IRAs or annuities (Code 408) |
133 |
14 |
13 |
226 |
34 |
17 |
|
Other defined contribution |
368 |
10 |
10 |
230 |
30 |
23 |
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.
- Includes both employer and employee contributions.
- Amounts shown include both benefits paid directly from trust funds 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 plan years beginning in 1995.
Table D4: Number of 401(k) Type Plans by number of participants and primary or supplemental status, 1995
|
Number of Participants |
Total |
401(k) Plan is Only Plan Sponsored by Employer |
Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
Total |
200,813 |
175,353 |
25,460 |
|
None or not reported |
6,458 |
5,533 |
925 |
|
2-9 |
37,299 |
33,699 |
3,600 |
|
10-24 |
57,051 |
52,655 |
4,396 |
|
25-49 |
42,783 |
39,400 |
3,383 |
|
50-99 |
25,885 |
22,932 |
2,953 |
|
100-249 |
17,074 |
13,287 |
3,787 |
|
250-499 |
6,687 |
4,436 |
2,251 |
|
500-999 |
3,469 |
1,896 |
1,573 |
|
1,000-2,499 |
2,398 |
1,093 |
1,305 |
|
2,500-4,999 |
859 |
261 |
598 |
|
5,000-9,999 |
487 |
104 |
383 |
|
10,000-19,999 |
215 |
44 |
171 |
|
20,000-49,999 |
117 |
12 |
105 |
|
50,000 or more |
33 |
3 |
30 |
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D5: Number of Active Participants in 401(k) Type Plans by number of participants and primary or supplemental status, 1995 (numbers in thousands)
|
Number of Participants |
Total |
401(k) Plan is Only Plan Sponsored by Employer |
Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
Total |
28,061 |
12,336 |
15,725 |
|
2-9 |
178 |
161 |
17 |
|
10-24 |
768 |
706 |
62 |
|
25-49 |
1,306 |
1,202 |
104 |
|
50-99 |
1,933 |
1,731 |
203 |
|
100-249 |
2,333 |
1,796 |
537 |
|
250-499 |
2,086 |
1,389 |
697 |
|
500-999 |
2,187 |
1,195 |
992 |
|
1,000-2,499 |
3,280 |
1,496 |
1,784 |
|
2,500-4,999 |
2,616 |
799 |
1,817 |
|
5,000-9,999 |
3,058 |
663 |
2,395 |
|
10,000-19,999 |
2,625 |
592 |
2,033 |
|
20,000-49,999 |
3,101 |
290 |
2,810 |
|
50,000 or more |
2,591 |
317 |
2,274 |
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants 1995 (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 |
$6,746 |
$2,793 |
$3,953 |
|
Participant contributions |
1,402 |
479 |
923 |
|
Income receivables |
1,274 |
354 |
919 |
|
Other receivables |
4,571 |
540 |
4,032 |
|
Less allowance for doubtful accounts |
(2) |
(1) |
(1) |
|
Total receivables (net) |
13,992 |
4,165 |
9,826 |
|
General Investments |
|||
|
Interest-bearing cash |
19,679 |
6,694 |
12,986 |
|
Certificates of deposit |
1,439 |
462 |
977 |
|
U.S. Government securities |
12,699 |
4,060 |
8,640 |
|
Corporate debt instruments: Preferred |
5,796 |
2,185 |
3,611 |
|
Corporate debt instruments: All other |
6,197 |
1,979 |
4,217 |
|
Preferred stock |
2,644 |
225 |
2,419 |
|
Common stock |
47,495 |
11,785 |
35,710 |
|
Partnership/joint venture interests |
347 |
286 |
60 |
|
Income-producing real estate |
176 |
113 |
63 |
|
Nonincome-producing real estate |
34 |
22 |
11 |
|
Residential loans (other than to participants) secured by mortgages |
212 |
73 |
139 |
|
Commercial loans secured by mortgages |
86 |
57 |
29 |
|
Mortgage loans to participants |
504 |
143 |
361 |
|
Other loans to participants |
15,115 |
2,912 |
12,203 |
|
Other loans |
167 |
69 |
98 |
|
Value of interest in common/collective trusts |
64,384 |
14,662 |
49,721 |
|
Value of interest in pooled separate accounts |
25,824 |
12,486 |
13,338 |
|
Value of interest in master trusts |
186,929 |
8,967 |
177,962 |
|
Value of interest in 103-12 investment entities |
991 |
239 |
752 |
|
Value of interest in registered investment companies |
142,424 |
45,045 |
97,379 |
|
Value of funds held in insurance company general account |
79,410 |
13,998 |
65,412 |
|
Other or unspecified general investments |
31,868 |
8,083 |
23,785 |
|
Total general investments |
644,420 |
134,545 |
509,875 |
|
Employer securities |
114,370 |
8,386 |
105,983 |
|
Employer real property |
319 |
318 |
1 |
|
Unspecified investments |
217 |
116 |
101 |
|
Total noninterest-bearing cash |
623 |
240 |
384 |
|
Buildings and other property used in plan operations |
(1) |
(1) |
(1) |
|
Total Assets |
773,941 |
147,771 |
626,170 |
|
Liabilities |
|||
|
Benefit claims payable |
2,948 |
615 |
2,332 |
|
Operating payables |
4,419 |
280 |
4,139 |
|
Acquisition indebtedness |
6,012 |
636 |
5,375 |
|
Other liabilities |
8,749 |
802 |
7,947 |
|
Total Liabilities |
22,127 |
2,334 |
19,793 |
|
Net Assets |
751,814 |
145,437 |
606,377 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants 1995 (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 |
$22,978 |
$6,965 |
$16,013 |
|
Participants |
47,931 |
12,549 |
35,382 |
|
Others |
2,548 |
1,002 |
1,546 |
|
Noncash contributions |
487 |
43 |
445 |
|
Total contributions |
73,944 |
20,559 |
53,386 |
|
Interest earnings |
|||
|
Interest-bearing cash |
2,703 |
684 |
2,019 |
|
Certificates of deposit |
85 |
22 |
63 |
|
U.S. Government securities |
696 |
209 |
487 |
|
Corporate debt instruments |
537 |
162 |
375 |
|
Mortgage loans |
30 |
12 |
19 |
|
Other loans |
738 |
141 |
597 |
|
Other or unspecified interest |
7,065 |
1,143 |
5,922 |
|
Total interest earnings |
11,854 |
2,372 |
9,482 |
|
Dividends |
|||
|
Preferred stock |
816 |
67 |
749 |
|
Common stock |
5,376 |
686 |
4,690 |
|
Total dividend income |
6,193 |
753 |
5,439 |
|
Rents |
53 |
42 |
11 |
|
Net gain (loss) on sale of Assets |
5,725 |
1,121 |
4,604 |
|
Unrealized appreciation (depreciation) of Assets |
43,298 |
6,266 |
37,032 |
|
Net investment gain (loss) from common/collective trusts |
6,734 |
1,700 |
5,034 |
|
Net investment gain (loss) from pooled separate accounts |
3,819 |
1,809 |
2,010 |
|
Net investment gain (loss) from master trusts |
31,357 |
1,503 |
29,853 |
|
Net investment gain (loss) from 103-12 investment entities |
103 |
48 |
54 |
|
Net investment gain (loss) from registered investment companies |
17,740 |
5,874 |
11,866 |
|
Other or unspecified income |
2,614 |
1,016 |
1,598 |
|
Total Income |
203,433 |
43,064 |
160,369 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
53,540 |
10,994 |
42,547 |
|
Payments to insurance carriers |
72 |
58 |
14 |
|
Other benefits |
551 |
95 |
456 |
|
Total payments |
54,162 |
11,145 |
43,017 |
|
Interest expense |
1,202 |
42 |
1,160 |
|
Administrative expenses |
|||
|
Salaries and allowances |
17 |
3 |
14 |
|
Accounting fees |
23 |
11 |
13 |
|
Actuarial fees |
12 |
3 |
9 |
|
Contract administrator fees |
95 |
38 |
58 |
|
Investment advisory and management fees |
257 |
109 |
148 |
|
Legal fees |
6 |
3 |
2 |
|
Valuation/appraisal fees |
4 |
1 |
3 |
|
Trustee fees/expenses |
162 |
53 |
109 |
|
Other administrative expenses |
270 |
82 |
188 |
|
Total administrative expenses |
846 |
302 |
544 |
|
Other or unspecified expenses |
3 |
(1) |
4 |
|
Total Expenses |
56,214 |
11,488 |
44,725 |
|
Net Income |
147,219 |
31,576 |
115,644 |
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D8: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
|
Type of Plan |
Number of Plans(1) |
Total Participants (thousands)(2) |
Active Participants (thousands)(3) |
Total Assets (millions) |
Total Contributions (millions)(4) |
Total Benefits (millions)(5) |
|---|---|---|---|---|---|---|
|
Total |
9,232 |
7,248 |
6,353 |
$262,286 |
$16,200 |
$18,809 |
|
Profit sharing and thrift-savings |
3,154 |
3,696 |
3,238 |
183,877 |
10,609 |
13,429 |
|
Stock bonus |
4,413 |
2,956 |
2,614 |
67,063 |
4,952 |
4,660 |
|
Target benefit |
5 |
3 |
2 |
44 |
5 |
4 |
|
Money purchase |
290 |
41 |
35 |
1,174 |
81 |
119 |
|
Annuity - 403(b) (1) |
1 |
0 |
0 |
0 |
0 |
0 |
|
Custodial account - 403(b)(7) |
12 |
2 |
2 |
48 |
9 |
5 |
|
IRAs or annuities (Code 408) |
58 |
0 |
0 |
30 |
1 |
0 |
|
Other defined contribution |
1,299 |
549 |
462 |
10,050 |
542 |
591 |
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 particpants also include nonvested former employees who have not yet incurred a break in service.
- Includes both employer and employee contributions.
- Amounts shown include both benefits paid directly from trust funds 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 plan years beginning 1995.
Table D9: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1995
|
Type of Plan |
Number of Plans(1) |
Total Participants (thousands)(2) |
Active Participants (thousands)(3) |
Total Assets (millions) |
Total Contributions (millions)(4) |
Total Benefits (millions)(5) |
|---|---|---|---|---|---|---|
|
Total ESOPS |
9,232 |
7,248 |
6,353 |
$262,286 |
$16,200 |
$18,809 |
|
Nonleveraged ESOPs |
5,968 |
3,391 |
3,034 |
62,110 |
4,639 |
7,128 |
|
Leveraged ESOPs |
3,263 |
3,857 |
3,319 |
200,176 |
11,561 |
11,681 |
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 particpants also include nonvested former employees who have not yet incurred a break in service.
- Includes both employer and employee contributions.
- Amounts shown include both benefits paid directly from trust funds 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 plan years beginning in 1995.
Table D10: Balance Sheet of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995 (amounts in millions)
|
Type of Asset or Liability |
Total ESOPs |
Nonleveraged ESOPs |
Leveraged ESOPs |
|---|---|---|---|
|
Assets |
|||
|
Receivables |
|||
|
Employer contributions |
$2,222 |
$895 |
$1,327 |
|
Participant contributions |
227 |
79 |
148 |
|
Income receivables |
421 |
90 |
332 |
|
Other receivables |
627 |
111 |
516 |
|
Less allowance for doubtful accounts |
(1) |
0 |
(1) |
|
Total receivables (net) |
3,498 |
1,175 |
2,323 |
|
General Investments |
|||
|
Interest-bearing cash |
2,737 |
1,349 |
1,388 |
|
Certificates of deposit |
185 |
30 |
154 |
|
U.S. Government securities |
2,427 |
599 |
1,828 |
|
Corporate debt instruments: Preferred |
3,096 |
360 |
2,736 |
|
Corporate debt instruments: All other |
932 |
277 |
655 |
|
Preferred stock |
7,537 |
1,327 |
6,211 |
|
Common stock |
23,405 |
5,303 |
18,102 |
|
Partnership/joint venture interests |
21 |
19 |
2 |
|
Income-producing real estate |
15 |
14 |
1 |
|
Nonincome-producing real estate |
3 |
1 |
2 |
|
Residential loans (other than to participants) secured by mortgages |
6 |
6 |
(1) |
|
Commercial loans secured by mortgages |
7 |
6 |
(1) |
|
Mortgage loans to participants |
15 |
5 |
10 |
|
Other loans to participants |
3,359 |
709 |
2,650 |
|
Other loans |
4 |
3 |
1 |
|
Value of interest in common/collective trusts |
11,243 |
3,912 |
7,331 |
|
Value of interest in pooled separate accounts |
955 |
271 |
684 |
|
Value of interest in master trusts |
64,179 |
9,018 |
55,161 |
|
Value of interest in 103-12 investment entities |
220 |
180 |
40 |
|
Value of interest in registered investment companies |
12,621 |
3,237 |
9,384 |
|
Value of funds held in insurance company general account |
13,643 |
2,633 |
11,010 |
|
Other or unspecified general investments |
6,610 |
1,968 |
4,642 |
|
Total general investments |
153,221 |
31,226 |
121,995 |
|
Employer securities |
99,510 |
26,457 |
73,052 |
|
Employer real property |
45 |
6 |
39 |
|
Unspecified investments |
(1) |
(1) |
(1) |
|
Total noninterest-bearing cash |
88 |
34 |
54 |
|
Buildings and other property used in plan operations |
0 |
0 |
0 |
|
Total Assets |
256,362 |
58,898 |
197,463 |
|
Liabilities |
|||
|
Benefit claims payable |
1,411 |
685 |
726 |
|
Operating payables |
1,656 |
54 |
1,602 |
|
Acquisition indebtedness |
15,496 |
863 |
14,634 |
|
Other liabilities |
11,147 |
223 |
10,924 |
|
Total Liabilities |
29,710 |
1,824 |
27,886 |
|
Net Assets |
>226,652 |
>57,074 |
>169,577 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D11: Income Statement of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995 (amounts in millions)
|
Income and Expenses |
Total ESOPs |
Nonleveraged ESOPs |
Leveraged ESOPs |
|---|---|---|---|
|
Income |
|||
|
Contributions received or receivable from: |
|||
|
Employers |
$7,234 |
$2,051 |
$5,183 |
|
Participants |
7,708 |
2,099 |
5,609 |
|
Others |
375 |
80 |
295 |
|
Noncash contributions |
359 |
140 |
219 |
|
Total contributions |
15,677 |
4,371 |
11,306 |
|
Interest earnings |
|||
|
Interest-bearing cash |
666 |
270 |
396 |
|
Certificates of deposit |
11 |
5 |
6 |
|
U.S. Government securities |
95 |
22 |
73 |
|
Corporate debt instruments |
184 |
13 |
171 |
|
Mortgage loans |
1 |
1 |
(1) |
|
Other loans |
161 |
35 |
127 |
|
Other or unspecified interest |
900 |
144 |
756 |
|
Total interest earnings |
2,020 |
490 |
1,530 |
|
Dividends |
|||
|
Preferred stock |
873 |
82 |
791 |
|
Common stock |
2,939 |
760 |
2,179 |
|
Total dividend income |
3,812 |
842 |
2,970 |
|
Rents |
20 |
3 |
17 |
|
Net gain (loss) on sale of Assets |
1,839 |
499 |
1,339 |
|
Unrealized appreciation (depreciation) of Assets |
24,979 |
5,129 |
19,850 |
|
Net investment gain (loss) from common/collective trusts |
1,413 |
610 |
803 |
|
Net investment gain (loss) from pooled separate accounts |
209 |
40 |
168 |
|
Net investment gain (loss) from master trusts |
12,544 |
1,239 |
11,305 |
|
Net investment gain (loss) from 103-12 investment entities |
8 |
6 |
2 |
|
Net investment gain (loss) from registered investment companies |
1,250 |
435 |
815 |
|
Other or unspecified income |
592 |
71 |
521 |
|
Total Income |
64,362 |
13,736 |
50,626 |
|
Expenses |
|||
|
Benefit payments and payments to provide benefits |
|||
|
Direct benefits |
16,087 |
5,106 |
10,981 |
|
Payments to insurance carriers |
22 |
2 |
20 |
|
Other benefits |
517 |
87 |
430 |
|
Total payments |
16,626 |
5,195 |
11,431 |
|
Interest expense |
2,182 |
125 |
2,057 |
|
Administrative expenses |
|||
|
Salaries and allowances |
1 |
1 |
1 |
|
Accounting fees |
4 |
1 |
2 |
|
Actuarial fees |
1 |
(1) |
(1) |
|
Contract administrator fees |
13 |
4 |
9 |
|
Investment advisory and management fees |
31 |
13 |
18 |
|
Legal fees |
2 |
1 |
1 |
|
Valuation/appraisal fees |
1 |
1 |
1 |
|
Trustee fees/expenses |
34 |
9 |
25 |
|
Other administrative expenses |
118 |
13 |
105 |
|
Total administrative expenses |
205 |
43 |
162 |
|
Other or unspecified expenses |
15 |
(1) |
15 |
|
Total Expenses |
19,028 |
5,362 |
13,665 |
|
Net Income |
45,334 |
8,373 |
36,961 |
Footnotes
- Less than $500,000.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Table D12: Number of Employee Stock Ownership Plans (ESOPs) by number of participants and primary or supplemental status, 1995
|
Number of Participants |
Total |
ESOP Plan is Only Plan Sponsored by Employer |
Employer Sponsoring ESOP Plan Also Sponsors Another Pension Plan(s) |
|---|---|---|---|
|
Total |
9,232 |
5,277 |
3,954 |
|
None or not reported |
598 |
329 |
270 |
|
2-9 |
922 |
657 |
265 |
|
10-24 |
1,403 |
938 |
465 |
|
25-49 |
1,474 |
1,094 |
380 |
|
50-99 |
1,826 |
1,203 |
623 |
|
100-249 |
1,318 |
656 |
663 |
|
250-499 |
631 |
208 |
424 |
|
500-999 |
363 |
80 |
283 |
|
1,000-2,499 |
308 |
72 |
236 |
|
2,500-4,999 |
143 |
22 |
121 |
|
5,000-9,999 |
111 |
11 |
100 |
|
10,000-19,999 |
58 |
3 |
55 |
|
20,000-49,999 |
55 |
4 |
51 |
|
50,000 or more |
21 |
1 |
20 |
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.
Figure D. Number of 401(k) Plans 1984-95
Reference: Table E23.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-95 plan years.
Section E: Historical Tables
Table E1: Number of Pension Plans by type of plan, 1975-95
|
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 |
|
1995 |
693,404 |
69,492 |
623,912 |
690,265 |
67,682 |
622,584 |
3,139 |
1,810 |
1,328 |
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 1975-95 plan years.
Table E2: Number of Pension Plans with Fewer Than 100 Participants by type of plan, 1975-95
|
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 |
|
1995 |
631,117 |
52,405 |
578,712 |
630,780 |
52,311 |
578,469 |
337 |
94 |
243 |
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 1975-95 plan years.
Table E3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-95
|
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 |
|
1995 |
62,287 |
17,087 |
45,200 |
59,486 |
15,371 |
44,115 |
2,802 |
1,716 |
1,086 |
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 1975-95 plan years.
Table E4: Estimated Private Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans 1975-95(1)(workers in thousands)
|
Year |
Number of Wage and Salary Workers |
Workers Covered by a Primary Defined Benefit Plan |
Workers Covered by a Primary 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 |
24,591 |
24 |
20,948 |
21 |
16,516 |
16 |
|
1995 |
102,162 |
23,531 |
23 |
23,038 |
23 |
16,482 |
16 |
Footnotes
- For workers covered under both a defined benefit and a defined contribution plan, the defined benefit plan is designed as the primary plan unless the plan name indicates it provides supplemental or past service benefits.
Sources: Number of workers taken from Employment and Earnings, U.S. Department of Labor, Bureau of Labor Statistics. 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 1975-95 plan years.
Table E5: Number of Participants in Pension Plans by type of plan, 1975-95 (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 |
|
1995 |
87,452 |
39,736 |
47,716 |
76,969 |
31,341 |
45,629 |
10,483 |
8,395 |
2,088 |
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 1975-95 plan years.
Table E6: Number of Participants in Pension Plans with Fewer Than 100 Participants by type of plan, 1975-95 (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 |
|
1995 |
9,373 |
893 |
8,480 |
9,359 |
890 |
8,469 |
14 |
3 |
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 1975-95 plan years.
Table E7: Number of Participants in Pension Plans with 100 or More Participants by type of plan, 1975-95 (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 |
|
1995 |
78,079 |
38,843 |
39,236 |
67,610 |
30,450 |
37,160 |
10,469 |
8,392 |
2,076 |
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 1975-95 plan years.
Table E8: Number of Active Participants in Pension Plans by type of plan, 1975-95 (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 |
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 |
|
1995 |
66,193 |
23,531 |
42,662 |
59,894 |
19,005 |
40,889 |
6,299 |
4,525 |
1,773 |
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 1975-95 plan years.
Table E9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-95 (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 |
|
1995 |
8,992 |
806 |
8,186 |
8,979 |
804 |
8,175 |
13 |
2 |
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.
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 1975-95 plan years.
Table E10: Number of Active Participants in Pension Plans with 100 or More Participants by type of plan, 1975-95 (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 |
|
1995 |
57,201 |
22,724 |
34,477 |
50,916 |
18,202 |
32,714 |
6,285 |
4,523 |
1,762 |
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 1975-95 plan years.
Table E11: Pension Plan Assets by type of plan, 1975-95(1) (amounts in millions)
|
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 |
$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 |
|
1995 |
2,723,735 |
1,402,079 |
1,321,657 |
2,458,153 |
1,163,416 |
1,294,737 |
265,582 |
238,663 |
26,920 |
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.
(3) Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Table E12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-95(1) (amounts in millions)
|
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 |
$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 |
|
1995 |
323,751 |
26,455 |
297,295 |
323,066 |
26,210 |
296,855 |
685 |
245 |
440 |
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 15 percent of total private pension plan Assets.
- Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
(3) Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Table E13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-95(1) (amounts in millions)
|
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 |
$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 |
2,021,962 |
1,187,432 |
834,529 |
1,793,159 |
985,588 |
807,572 |
228,802 |
201,845 |
26,958 |
|
1995 |
2,399,984 |
1,375,623 |
1,024,361 |
2,135,087 |
1,137,206 |
997,881 |
264,897 |
238,417 |
26,480 |
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 15 percent of total private pension plan Assets.
- Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
(3) Includes multiemployer plans and multiple-employer collectively bargained plans.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Table E14: Pension Plan Contributions by type of plan, 1975-95 (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 |
|
1995 |
158,832 |
41,423 |
117,409 |
147,621 |
32,600 |
115,021 |
11,210 |
8,823 |
2,387 |
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 1975-95 plan years.
Table E15: Pension Plan Contributions of Plans with Fewer than 100 Participants by type of plan, 1975-95 (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 |
|
1995 |
28,150 |
2,406 |
25,744 |
28,111 |
2,392 |
25,719 |
39 |
14 |
25 |
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 1975-95 plan years.
Table E16: Pension Plan Contributions of Plans with 100 or More Participants by type of plan, 1975-95 (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 |
|
1995 |
130,682 |
39,017 |
91,665 |
119,510 |
30,208 |
89,302 |
11,172 |
8,809 |
2,363 |
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 1975-95 plan years.
Table E17: Pension Plan Benefits Disbursed by type of plan, 1975-95(1) (amounts in millions)
|
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 |
$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 |
|
1995 |
183,025 |
85,134 |
97,892 |
167,249 |
70,947 |
96,302 |
15,777 |
14,187 |
1,590 |
Footnotes
- Amounts shown include both benefits made directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits paid 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 1975-95 plan years.
Table E18: Pension Plan Benefits Disbursed from Plans with Fewer than 100 Participants by type of plan, 1975-95(1) (amounts in millions)
|
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 |
$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 |
|
1995 |
33,927 |
7,100 |
26,827 |
33,816 |
7,035 |
26,781 |
111 |
65 |
46 |
Footnotes
- Amounts shown include both benefits made directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits paid 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 1975-95 plan years.
Table E19: Pension Plan Benefits Disbursed from Plans with 100 or More Participants by type of plan, 1975-95(1) (amounts in millions)
|
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 |
$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 |
14,690 |
13,031 |
1,659 |
|
1995 |
149,099 |
78,034 |
71,065 |
133,433 |
63,912 |
69,521 |
15,666 |
14,122 |
1,544 |
Footnotes
- Amounts shown include both benefits made directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits paid 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 1975-95 plan years.
Table E20: Percentage Distribution of Active Participants in Plans with 100 or More Participants by vesting status, 1975-95
|
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 |
|
1995 |
100 |
69 |
10 |
21 |
100 |
68 |
2 |
31 |
100 |
70 |
14 |
16 |
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 1975-95 plan years.
Table E21: Percentage Distribution of Active Participants in Single Employer Plans with 100 or More Participants by vesting status, 1975-95
|
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 |
|
1995 |
100 |
70 |
11 |
20 |
100 |
71 |
1 |
27 |
100 |
69 |
15 |
16 |
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 1975-95 plan years.
Table E22: Percentage Distribution of Active Participants in Multiemployer Plans with 100 or More Participants by vesting status, 1975-95
|
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 |
|
1995 |
100 |
63 |
2 |
35 |
100 |
53 |
2 |
45 |
100 |
89 |
2 |
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 1975-95 plan years.
Table E23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments 1984-95
|
Year |
Number of Plans |
Active Participants (thousands) |
Assets (millions) |
Contributions (millions) |
Benefits (millions) |
|---|---|---|---|---|---|
|
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 |
276,995 |
39,412 |
25,235 |
|
1989 |
83,301 |
17,337 |
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 |
|
1995 |
200,813 |
28,061 |
863,918 |
87,416 |
62,163 |
Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-95 plan years.
Table E24: Aggregate Rates of Return Earned by Private Pension Plans with 100 or More Participants 1985-95
|
Year(1) |
Total Plans |
Total Plans |
Total Plans |
Single Employer |
Single Employer |
Single Employer |
Multiemployer |
Multiemployer |
Multiemployer |
Total |
Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
1985 |
19.6% |
20.1% |
18.4% |
20.0% |
20.6% |
18.5% |
16.8% |
17.0% |
12.7% |
n/a |
n/a |
|
1986 |
13.9 |
14.1 |
13.3 |
14.1 |
14.4 |
13.4 |
12.5 |
12.6 |
10.3 |
n/a |
n/a |
|
1987 |
4.6 |
4.4 |
4.8 |
4.7 |
4.6 |
4.8 |
3.7 |
3.5 |
6.4 |
n/a |
n/a |
|
1988 |
12.4 |
12.1 |
13.1 |
12.6 |
12.2 |
13.2 |
11.6 |
11.8 |
9.5 |
n/a |
n/a |
|
1989 |
11.2 |
12.1 |
9.4 |
11.9 |
13.2 |
9.7 |
6.0 |
6.4 |
1.8 |
n/a |
n/a |
|
1990 |
3.5 |
3.5 |
3.5 |
3.1 |
2.8 |
3.4 |
6.8 |
6.7 |
7.4 |
3.6 |
(1.3) |
|
1991 |
17.5 |
18.8 |
15.1 |
17.8 |
19.6 |
15.2 |
14.9 |
15.2 |
12.0 |
14.7 |
14.7 |
|
1992 |
8.8 |
8.3 |
9.8 |
8.8 |
8.0 |
9.8 |
9.3 |
9.4 |
8.7 |
10.3 |
13.4 |
|
1993 |
10.2 |
10.5 |
9.8 |
10.6 |
11.1 |
9.9 |
7.4 |
7.5 |
6.2 |
9.8 |
12.8 |
|
1994 |
2.9 |
2.2 |
3.8 |
2.7 |
1.8 |
3.8 |
4.4 |
4.5 |
3.9 |
3.7 |
4.1 |
|
1995 |
20.8 |
21.4 |
20.0 |
21.0 |
21.6 |
20.3 |
19.5 |
20.5 |
11.8 |
20.5 |
22.9 |
|
Geometric Mean(2) |
|||||||||||
|
1985-95 |
11.2 |
11.4 |
10.9 |
11.4 |
11.6 |
11.0 |
10.1 |
10.3 |
8.2 |
n/a |
n/a |
|
1991-95 |
11.9 |
12.0 |
11.6 |
12.0 |
12.2 |
11.7 |
11.0 |
11.3 |
8.5 |
11.6 |
13.4 |
|
1993-95 |
11.1 |
11.1 |
11.0 |
11.2 |
11.2 |
11.1 |
10.2 |
10.6 |
7.3 |
11.1 |
13.0 |
|
Standard Deviation(3) |
|||||||||||
|
1985-95 |
6.0 |
6.4 |
5.3 |
6.1 |
6.7 |
5.4 |
5.0 |
5.2 |
3.3 |
n/a |
n/a |
|
1991-95 |
6.4 |
7.0 |
5.5 |
6.5 |
7.3 |
5.6 |
5.4 |
5.7 |
3.1 |
5.6 |
6.0 |
|
1993-95 |
7.4 |
7.8 |
6.7 |
7.5 |
8.1 |
6.8 |
6.5 |
6.9 |
3.3 |
6.9 |
7.7 |
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, taking the nth root of the product, and subtracting one.
- Standard deviation formula uses a denominator definition of N, not N-1.
Notes: 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 appreared on the 1988 form, is not deducted from total assests because such assests may produce investment income. The formula makes no adjustment for reporting periods other than one year, which are reported on approximately 3 percent of Form 5500 filings. 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 plan's reporting period. The cash flow for which this assumption is most uncertain is contributions. The overall 1994 rate of return reported as 2.9 percent could be as low as 2.80 percent or as high as 2.98 percent depending on the assumption regarding the timing of contributions during the year. The overall 1995 rate of return reported as 20.8 percent could be as low as 20.15 percent or as high as 21.53 percent.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.
Table E25: Aggregate Investment Performance of Private Pension Plans with 100 or More Participants 1985-95 (amounts in millions)
|
Year |
Average(1) Investable Assets |
Investment Income(2) |
Appreciation |
Appreciation |
Appreciation |
Total DFE(3) Income |
Total Return(4) |
Total Rate of Return(5) |
Growth of Average 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 |
|
1995 |
1,975,258 |
48,331 |
32,145 |
120,317 |
152,462 |
210,447 |
411,240 |
20.8 |
0.7 |
|
Geometric Mean |
|
|
|
|
|
|
|
11.2 |
9.7 |
Footnotes
- 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 trust, 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.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.
Table E26: Aggregate Rates of Return Earned by Employee Stock Ownership Plans (ESOPs) and 401(k) Plans with 100 or More Participants, 1990-95
|
Year |
401(k) Plans |
401(k) Plans |
401(k) Plans |
Employee Stock Ownership Plans |
Employee Stock Ownership Plans |
Employee Stock Ownership Plans |
|---|---|---|---|---|---|---|
|
1990 |
3.6% |
4.5% |
3.5% |
0.0% |
-1.0% |
-1.5% |
|
1991 |
14.7 |
14.6 |
14.7 |
14.7 |
18.9 |
12.6 |
|
1992 |
10.3 |
9.0 |
10.5 |
13.4 |
15.1 |
12.3 |
|
1993 |
9.8 |
8.8 |
10.0 |
12.8 |
10.6 |
14.3 |
|
1994 |
3.7 |
3.4 |
3.7 |
4.1 |
4.4 |
4.0 |
|
1995 |
20.5 |
18.5 |
20.9 |
22.9 |
17.5 |
24.7 |
|
Geometric mean(3) |
||||||
|
1990-95 |
10.3 |
9.7 |
10.4 |
10.8 |
10.7 |
10.8 |
|
1991-95 |
11.6 |
10.7 |
11.8 |
13.4 |
13.2 |
13.4 |
|
1993-95 |
11.1 |
10.0 |
11.3 |
13.0 |
10.7 |
14.0 |
|
Standard deviation(4) |
||||||
|
1990-95 |
5.9 |
5.3 |
6.1 |
7.8 |
7.2 |
8.2 |
|
1991-95 |
5.6 |
5.2 |
5.7 |
6.0 |
5.3 |
6.6 |
|
1993-95 |
6.9 |
6.2 |
7.1 |
7.7 |
5.4 |
8.4 |
Footnotes
- 401(k) plan is only plan sponsored by the employer.
- Employer sponsoring 401(k) plan also sponsors other pension plan(s).
- Computed by adding one to the aggregate rate of return for each of the n years, taking the product of the sums, taking the nth root of the product, and subtracting one.
- Standard deviation formula uses a denominator definition of N, not N-1.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1990-95 plan years.
Figure E1. Number of Pension Plans 1975-95
Reference: Table E1.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Figure E2. Pension Plan Active Participants 1975-95
Reference: Table E8.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Figure E3. Pension Coverage of Wage and Salary Workers 1975-95
Reference: Table E4.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Figure E4. Pension Plan Assets 1975-95
Reference: Table E11.
Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts. These funds equal 10 to 15 percent of pension assets.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Figure E5. Pension Plan Contributions and Benefits 1975-95
Reference: Tables E14 and E17.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Figure E6. Rates of Return by type of plan, 1985-95
Reference: Table E24.
Note: Plans with 100 or more participants only.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.
Figure E7. Rates of Return for Single and Multiemployer Plans 1985-95
Reference: Table E24.
Note: Plans with 100 or more participants only.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.
Figure E8. Rates of Return for 401(k) Type Plans 1990-95
Reference: Table E26.
Note: Plans with 100 or more participants only.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1990-95 plan years.
Figure E9. Rates of Return for ESOPs 1990-95
Reference: Table E26.
Note: Plans with 100 or more participants only.
Source: Form 5500 series reports filed with the Internal Revenue Service for 1990-95 plan years.
Figure E10. Assets Per Participant by type of plan, 1975-95
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Figure E11. Participants Per Plan by type of plan, 1975-95
Note: The total number of participants in defined benefit plans was roughly the same (40 million) from 1986 through 1995 (Table E5). The average number of participants per defined benefit plan has grown over the same period, because the number of defined benefit plans has fallen 60 percent (Table E1).
Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.
Figure E12. Distribution of Pension Plans, Participants, and Assets by plan size, 1995
Note: Lines show the percentage of plans, participants, and assets reported by plans having less than or equal to the number of participants shown on the horizontal axis. Includes plans reporting 2 or more participants only.
Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.