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| Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1994 |
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| Type of Plan | Number of Plans1/ | Total Participants (thousands)2/ |
Active Participants (thousands)3/ |
Total Assets (millions)4/ |
Total Contributions (millions)5/ |
Total Benefits (millions)6/ |
| TOTAL | 690,344 | 85,117 | 64,972 | $2,298,556 | $144,353 | $163,934 |
| Defined benefit | 74,422 | 40,338 | 24,615 | 1,210,856 | 39,031 | 82,625 |
| Defined contribution | 615,922 | 44,778 | 40,357 | 1,087,700 | 105,322 | 81,309 |
| Profit sharing and thrift-savings |
464,914 | 32,663 | 29,643 | 829,402 | 82,672 | 62,581 |
| Stock bonus | 2,275 | 3,366 | 2,977 | 65,576 | 5,500 | 4,833 |
| Target benefit | 7,807 | 182 | 173 | 4,560 | 378 | 407 |
| Money purchase | 118,373 | 4,523 | 4,018 | 98,710 | 8,162 | 7,093 |
| Annuity- 403(b)(1) |
10,726 | 170 | 150 | 834 | 142 | 74 |
| Custodial account- 403(b)(7) |
639 | 8 | 8 | 120 | 23 | 10 |
| IRAs or annuities (Code 408) |
5,533 | 102 | 99 | 1,061 | 72 | 66 |
| Other defined contribution | 5,655 | 3,764 | 3,289 | 87,437 | 8,372 | 6,245 |
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1/ Excludes plans covering only one participant. 2/ 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. 3/ 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. 4/ Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of total pension fund assets. 5/ Includes both employer and employee contributions. 6/ Amounts exclude benefits made directly by insurance carriers. Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers.
SOURCE: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years. |
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