Distribution of Defined Benefit Plans
by funding status, 1993
|Funding Ratio1/||Total Plans||Single Employer Plans||Multiemployer Plans|
|Total||Not Collectively Bargained||Collectively Bargained|
|Number of plans2/||61,175||59,372||52,285||7,086||1,803|
|Less than .5||2||2||1||4||1|
|2.0 or higher||8||9||9||5||3|
|Median funding ratio3/||1.24||1.25||1.26||1.07||1.13|
1/Computed by dividing assets by current liabilities.
2/This is the number of defined benefit plans reporting complete actuarial data on Form 5500 series reports for 1993. As indicated in Table A1 the actual number of defined benefit plans filing 1993 reports was 83,596.
3/Funding ratios were computed based on liability amounts as reported by plans. These median ratios are not comparable to PBGC data on funding ratios which adjust plan reported liabilities to common interest rate and mortality assumptions.
SOURCE: Form 5500 series
reports filed with the Internal Revenue Service for 1993 plan
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