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TABLE D3

Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits
by type of plan, 1996
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 230,808 34,935 30,843 $1,061,493 $103,973 $78,481
Profit sharing and thrift-savings 225,786 32,307 28,522 960,054 95,792 71,041
Stock bonus 398 1,060 917 52,643 3,641 3,956
Target benefit 55 2 2 37 8 9
Money purchase 1,612 299 277 6,631 799 536
Annuity-403(b)(1) 142 4 3 11 5 1
Custodial account-403(b)(7) 31 2 2 54 8 5
IRAs or annuities (Code 408) 125 6 6 98 17 7
Other defined contribution 2,657 1,254 1,114 41,965 3,702 2,927

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/ Includes both employer and employee contributions.
5/ 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 1996.

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