| Number of
Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1993 |
||||||
| Type of Plan | Number of Plans1/ | Total Participants (thousands) | Active Participants (thousands) | Total Assets (millions)2/ | Total Contributions (millions)3/ | Total Benefits (millions)4/ |
| TOTAL ESOPS | 9,226 | 7,568 | 6,793 | $214,607 | $14,269 | $14,765 |
| Nonleveraged ESOPs | 8,166 | 5,071 | 4,562 | 86,239 | 6,327 | 6,554 |
| Leveraged ESOPs | 1,060 | 2,498 | 2,231 | 128,368 | 7,942 | 8,211 |
1/Excludes plans covering only one participant.
2/Asset amounts shown exclude funds held by life insurance companies under allocated insurance contracts for payment of retirement benefits. These funds make up roughly 10 to 15 percent of total private pension fund assets.
3/Includes both employer and employee contributions.
4/Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
SOURCE: Form 5500 series
reports filed with the Internal Revenue Service for 1993 plan
years.