| 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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