1993 Private Pension Plan Bulletins Abstract of Form 5500 Annual Reports

Private Pension Plan Bulletin
Abstract of 1993 Form 5500 Annual Reports

U.S. Department of Labor
Pension and Welfare Benefits Administration
Office of Research and Economic Analysis
Number 6, Winter 1996

Introduction

This is the sixth edition of the Private Pension Plan Bulletin. The tabulations presented in this report contain final numbers based on 1993 Form 5500 filings. Reports for 1993 plan years were filed by plans for fiscal years ending anywhere from December 31, 1993 to December 30, 1994. The processing period for 1993 filings runs from August 1994 through July 1996.

Form 5500 reports are filed annually with the Internal Revenue Service (IRS). Plans covering 100 or more participants must file a Form 5500 every year containing extensive financial, participant, and actuarial data. Plans covering fewer than 100 participants are required to file a less detailed report (known as a Form 5500 C/R).

The IRS processes the reports and provides computerized edited files to the Department of Labor's Pension and Welfare Benefits Administration. To produce this report, the file of plans covering 100 or more participants is combined with a 5 percent sample of small plan filers. This combined file is subjected to additional editing and weighted to represent the universe of private pension plans covering two or more participants.

The organization of this Bulletin is similar to previous ones with the exception of a new section which has been added on funding levels and actuarial assumptions of defined benefit plans. Key findings from the 1993 filings are summarized in the Highlights section. The tabulations are organized into six sections which can be accessed through the Contents section. Section A contains summary data on plans, participants, assets, income and expenses. Section B contains more detailed data on plans and participants, showing distributions by different size measures. Section C contains balance sheets and income statements for the major types of private pension plans. Section D contains detailed data on defined contribution plans. Section E contains the new tables on the funding status of defined benefit plans. Section F contains historical data from 1975 to 1993.

The next edition, to be issued during the first quarter of 1997, will contain preliminary 1994 numbers. This publication was prepared by Richard Hinz, Helen Lawrence, Deloris Stevens and Daniel Beller of the Office of Research and Economic Analysis. Although this Bulletin is not copyrighted, proper acknowledgment would be appreciated.


Contents

  • Section A: Summary
    • Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1993
    • Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1993
    • Table A3: Balance Sheet of Pension Plans by type of plan, 1993
    • Table A4: Income Statement of Pension Plans by type of plan, 1993
    • Table A5: Amount of Assets in Pension Plans by type of plan and method of funding,1993
    • Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1993
    • Figure A1: Distribution of Pension Plans and Participants by type of plan, 1993
    • Figure A2: Active Participants in Pension Plans by type of plan, 1993
    • Figure A3: Distribution of Assets by method of funding, 1993
  • Section B: Plans and Participants
    • Table B1: Distribution of Pension Plans by participant size, 1993
    • Table B2: Distribution of Pension Plans by amount of assets, 1993
    • Table B3: Distribution of Pension Plans by industry, 1993
    • Table B4: Distribution of Participants by participant size, 1993
    • Table B5: Distribution of Participants by amount of assets, 1993
    • Table B6: Distribution of Participants by industry, 1993
    • Table B7: Distribution of Active Participants by type of plan, 1993
    • Table B8: Number of Plans by type of plan and method of funding, 1993
    • Table B9: Number of Participants by type of plan and method of funding, 1993
  • Section C: Financial
    • Table C1: Distribution of Assets by participant size, 1993
    • Table C2: Distribution of Assets by asset size, 1993
    • Table C3: Distribution of Assets by industry, 1993
    • Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1993
    • Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan, 1993
    • Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1993
    • Table C7: Percent Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1993
    • Table C8: Percent Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1993
    • Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1993
    • Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1993
    • Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1993
    • Table C12: Percent Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1993
    • Table C13: Percent Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1993
    • Figure C: Amount of Assets in Pension Plans, 1993
  • Section D: Defined Contribution Plans
    • Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1993
    • Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1993
    • Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1993
    • Table D4: Number of 401(k) Type Plans by participant size and primary or supplemental status, 1993
    • Table D5: Number of Active Participants in 401(k) Type Plans by participant size and primary or supplemental status, 1993
    • Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1993
    • Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1993
    • Table D8: Percent Distribution of Assets in 401(k) Type Plans with 100 or More Participants by type of assets, 1985-1992
    • Table D9: Number of Employee Stock Ownership Plans (ESOPs), Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1993
    • Table D10: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1993
    • Table D11: Balance Sheet of Employer Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1993
    • Table D12: Income Statement of Employer Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1993
    • Figure D: Number of 401(k) Plans, 1984-1993
  • Section E: Funding Status of Defined Benefit Plans
    • Table E1: Funding Status Characteristics of Defined Benefit Plans, 1993
    • Table E2: Percent Distribution of Defined Benefit Plans by funding status, 1993
    • Table E3: Percent Distribution of Defined Benefit Plans by interest rate assumption, 1993
    • Table E4: Percent Distribution of Defined Benefit Plans by actuarial cost method, 1993
    • Table E5: Percent Distribution of Defined Benefit Plans by retirement age assumption, 1993
    • Table E6: Median Interest Rate Assumption by funding status, 1993
    • Table E7: Median Funded Status of Plans by number of participants, 1993
    • Table E8: Median Funding Ratio by ratio of retired liability to total liability, 1993
    • Table E9: Funding Status of Defined Benefit Plans by year, 1990-1993
  • Section F: Historical Tables
    • Table F1: Number of Pension Plans by type of plan, 1975-1993
    • Table F2: Number of Pension Plans with Fewer than 100 Participants by type of plan, 1975-1993
    • Table F3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-1993
    • Table F4: Estimated Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans, 1975-1993
    • Table F5: Number of Participants in Pension Plans by type of plan 1975-1993
    • Table F6: Number of Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-1993
    • Table F7: Number of Participants in Pension Plans with 100 or More Participants by type of plan, 1975-1993
    • Table F8: Number of Active Participants in Pension Plans by type of plan, 1975-1993
    • Table F9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-1993
    • Table F10: Number of Active Participants in Pension Plans with 100 or more Participants by type of plan, 1975-1993
    • Table F11: Pension Plan Assets by type of plan, 1975-1993
    • Table F12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-1993
    • Table F13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-1993
    • Table F14: Pension Plan Contributions by type of plan, 1975-1993
    • Table F15: Pension Plan Contributions of Plans with Fewer than 100 Participants by type of plan, 1975-1993
    • Table F16: Pension Plan Contributions of Plans with 100 or More Participants by type of plan, 1975-1993
    • Table F17: Pension Plan Benefits of Plans by type of plan, 1975-1993
    • Table F18: Pension Plan Benefits of Plans with Fewer than 100 Participants by type of plan, 1975-1993
    • Table F19: Pension Plan Benefits of Plans with 100 or More Participants by type of plan, 1975-1993
    • Table F20: Percent Distribution of Vesting Status of Pension Plan Active Participants in Plans with 100 or More Participants, 1975-1993
    • Table F21: Percent Distribution of Vesting Status of Pension Plan Active Participants in Single Employer Plans with 100 or More Participants, 1975-1993
    • Table F22: Percent Distribution of Vesting Status of Pension Plan Active Participants in Multiemployer Plans with 100 or More Participants, 1975-1993
    • Table F23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments, 1984-1993
    • Figure F1: Number of Pension Plans, 1975-1993
    • Figure F2: Pension Plan Active Participants, 1975-1993
    • Figure F3: Pension Coverage of Wage and Salary Workers, 1975-1993
    • Figure F4: Pension Plan Assets, 1975-1993
    • Figure F5: Pension Plan Contributions and Benefits, 1975-1993

Highlights

The rapid growth in 401(k) type plans occurring over the past decade continued in 1993, with a 10% increase from 140,000 plans in 1992 to 154,500 plans in 1993. Active participants in 401(k) plans increased 3% from 22.4 million in 1992 to 23.1 million in 1993.

In contrast to the continued strong growth in 401(k) plans, the number of defined benefit plans decreased 6% in 1993 to 84,000 and the number of non-401(k) defined contribution plans decreased 3% to 464,000. The number of active participants decreased by one percent in defined benefit plans and remained at about the same level in non-401(k) defined contribution plans.

These decreases or lack of growth in non-401(k) plans and active participants are continuations of prior trends. Since 1983, the number of defined benefit plans has declined at an average annual rate of 7.1%. Most plan terminations have been by small employers. This factor, along with the downsizing occurring among many firms with ongoing defined benefit plans, has led to a gradual but steady decline of active participants, averaging 1.8% annually over the 1983-1993 period.

Non-401(k) defined contribution plans and participants have generally been declining each year since 1987, with the number of plans decreasing at an average annual rate of 1.1% and the number of active participants decreasing at an average annual rate of 4.6%. Much of the decrease in non-401(k) defined contribution plans and participants over this period appears due to the conversion of many savings and other types of defined contribution plans to 401(k) status.

Other findings from the Form 5500 reports filed for 1993 plan years are summarized below:

  • The overall number of private pension plans filing Form 5500 reports in 1993 was 702,000, down slightly from the 708,000 reports filed in 1992.
  • Total active participants increased from 64.2 million in 1992 to 64.7 million in 1993. The total number of active participants includes double counting of workers participating in more than one plan. A rough estimate of the net number of workers in plans in 1993 is 44.8 million, with 25.1 million participating in a primary defined benefit plan and 19.8 million participating in a primary defined contribution plan. An estimated 16.6 million workers in a primary defined benefit or defined contribution plan also participated in a supplemental defined contribution plan.
  • Plan assets increased among all types of pension plans in 1993. From 1992 to 1993 total plan assets increased 11% to $2,316 billion, with defined benefit plan assets increasing 9% to $1,248 billion, non-401(k) defined contribution plan assets increasing 15% to $452 billion and 401(k) plan assets increasing 12% to $616 billion.
  • Total plan contributions increased 19% from $128.8 billion in 1992 to $153.6 billion in 1993.
  • Contributions to defined benefit plans, after a continuous decline from 1984 to 1990, increased for the third straight year. Contributions amounted to $52.1 billion in 1993, a 48% increase over 1992. Over one-third of total contributions were made to just two plans -- the GM Hourly Plan, which received $15.3 billion in contributions and the Chrysler Hourly Plan, which received $2.3 billion in contributions.
  • Defined contribution plans reported $101.5 billion in contributions received during 1993, an 8% increase over 1992. Employer cash contributions increased 6% to $50.8 billion and employee contributions increased 13% to $46.1 billion. Almost 90% of employee contributions were paid into 401(k) type plans.
  • Benefit payments from plans increased by about 3% in 1993 to $156.3 billion. Benefits paid out by defined benefit plans increased 2% to $79.1 billion and benefit payments from defined contribution plans increased 4% to $77.2 billion.
  • The large increase in contributions received by plans in 1993 combined with the very modest increase in benefit payouts improved the net cash flow of all plans from -$23.6 billion in 1992 to -$2.7 billion in 1993.
  • The net cash flow of contributions minus benefit payouts to defined benefit plans improved from -$42.7 billion in 1992 to -$27.0 billion in 1993, while the net cash flow to defined contribution plans increased from $19.0 billion in 1992 to $24.3 billion in 1993.
  • In 1993, 79% of defined benefit plans reported asset amounts which exceeded current liabilities. The median funding ratio of all defined benefit plans was 1.24.
  • The best funded plan groups were single employer non-collectively bargained plans, with 82% fully funded, followed by multiemployer plans, with 73% fully funded, and single employer collectively bargained plans, with 59% fully funded.
  • From 1990 to 1993, the percent of plans fully funded stayed within a fairly narrow range of 79% to 82%. The median funding ratio ranged from 1.32 in 1990 to 1.24 in 1993.

Section A: Summary

Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1993

Type of Plan

Number of Plans(1)

Total Participants (thousands)(2)

Active Participants (thousands)

Total Assets (millions)(3)

Total Contributions (millions)(4)

Total Benefits (millions)(5)

Total

702,097

83,870

64,746

$2,316,272

$153,642

$156,305

Defined benefit

83,596

40,267

25,127

1,248,180

52,123

79,093

Defined contribution

618,501

43,603

39,619

1,068,092

101,519

77,212

Profit sharing and thrift-savings

477,054

36,115

33,013

913,848

88,483

65,155

Stock bonus

1,542

1,658

1,432

23,876

1,906

1,385

Target benefit

8,955

202

192

7,090

781

633

Money purchase

114,997

4,197

3,753

95,854

7,633

7,870

Annuity arrangement - 403(b)(1)

9,488

190

171

628

112

69

Custodial account - 403(b)(7)

623

8

8

131

21

17

IRAs or annuities (Code 408)

2,750

45

41

1,031

123

73

Other defined contribution

3,090

1,187

1,009

25,633

2,459

2,011

Footnotes
  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. 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.
  4. Includes both employer and employee contributions.
  5. Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits paid directly by insurance carriers.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1993 (numbers in thousands)

Type of Participant

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total Participants

83,870

40,267

43,603

73,770

32,151

41,619

10,100

8,116

1,983

Active participants

64,746

25,127

39,619

58,596

20,670

37,926

6,150

4,458

1,692

Fully vested

44,925

16,560

28,365

41,189

14,262

26,927

3,736

2,298

1,438

Partially vested

6,297

558

5,739

6,102

413

5,689

195

145

50

Nonvested

13,523

8,010

5,513

11,305

5,995

5,310

2,218

2,015

203

Retired or separated participants receiving benefits

8,732

8,238

494

6,555

6,139

416

2,177

2,099

78

Separated participants with vested right to benefit

10,392

6,901

3,491

8,619

5,342

3,277

1,773

1,559

214

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: Plans with less than 100 participants are required to provide only the total participant count. For these plans, which cover approximately 10 percent of total pension plan participants, the distribution of active, retired, and separated vested participants was assumed to be the same as for larger plans within each category of plan (i.e. single, multiemployer, defined benefit, defined contribution).

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table A3: Balance Sheet of Pension Plans by type of plan, 1993 (amounts in millions)

Type of Asset

Total

Defined Benefit

Defined Contribution

Cash

$90,079

$26,489

$63,590

Receivables

56,349

30,156

26,193

Corporate debt and equity instruments

615,017

256,071

358,946

U.S. Government securities

163,413

108,210

55,203

Real estate and mortgages (other than to participants)

18,254

10,782

7,472

Mortgage loans to participants

975

88

887

Other loans to participants

15,980

298

15,682

Other investments and assets

1,355,785

815,811

539,973

Buildings and other property used in plan operations

421

275

146

Total Assets

2,316,272

1,248,180

1,068,092

Payables

13,645

4,103

9,541

Acquisition indebtedness

17,763

404

17,359

Other liabilities

25,527

9,307

16,221

Total Liabilities

56,935

13,814

43,121

Net Assets

2,259,337

1,234,366

1,024,971

Note: 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table A4: Income Statement of Pension Plans by type of plan, 1993 (amounts in millions)

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$100,804

$49,993

$50,811

Participants

46,983

895

46,088

Others

4,861

804

4,058

Noncash contributions

992

432

560

Total contributions

153,642

52,123

101,519

Total earnings(1)

58,522

23,766

34,756

Net gain(loss) on sale of assets

17,847

10,384

7,464

Other or unspecified income(2)

134,209

84,867

49,342

Total Income

364,220

171,140

193,081

Expenses

Benefit payments and payments to provide benefits

Direct benefits

148,044

75,116

72,928

Other benefits

8,261

3,977

4,284

Total payments

156,305

79,093

77,212

Total administrative expenses

6,928

4,637

2,291

Other or unspecified expenses

5,189

590

4,599

Total Expenses

168,422

84,320

84,103

Net Income

195,798

86,820

108,978

Footnotes
  1. Includes interest earnings, dividends, and rents.
  2. Includes net gain (loss) from pooled funds, unrealized appreciation (depreciation) of assets, and miscellaneous other income items.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table A5: Amount of Assets in Pension Plans by type of plan and method of funding, 1993 (amounts in millions)

Method of Funding

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Funding arrangement for investment of assets

Total

$2,316,272

$1,248,180

$1,068,092

$2,091,468

$1,049,915

$1,041,553

$224,804

$198,265

$26,540

Trust

1,356,040

743,757

612,283

1,236,983

639,902

597,081

119,057

103,855

15,202

Insurance

9,124

6,198

2,925

8,975

6,139

2,836

148

59

89

Trust and insurance

950,897

498,224

452,674

845,298

403,873

441,425

105,599

94,350

11,249

Other

211

1

210

211

1

210

-

-

-

Funding arrangement for payment of benefits

Total

$2,316,272

$1,248,180

$1,068,092

$2,091,468

$1,049,915

$1,041,553

$224,804

$198,265

$26,540

Trust

1,586,584

811,772

774,812

1,429,903

676,180

753,724

156,681

135,592

21,089

Insurance

57,253

33,677

23,576

55,484

32,241

23,242

1,770

1,436

334

Trust and insurance

670,370

402,568

267,802

604,018

341,332

262,687

66,351

61,237

5,115

Other

2,065

163

1,902

2,063

163

1,900

2

-

2

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1993

Collective Bargaining Status

Total
Number of Plans

Total
Total Participants (thousands)

Total
Total Assets (millions)(1)

Defined Benefit
Number of Plans

Defined Benefit
Total Participants (thousands)

Defined Benefit
Total Assets (millions)(1)

Defined Contribution
Number of Plans

Defined Contribution
Total Participants (thousands)

Defined Contribution
Total Assets (millions)(1)

Total

702,097

83,870

$2,316,272

83,596

40,267

$1,248,180

618,501

43,603

$1,068,092

Collectively bargained plans

16,789

26,350

775,493

9,343

18,742

618,897

7,445

7,608

156,595

Noncollectively bargained plans

685,308

57,520

1,540,780

74,253

21,525

629,283

611,055

35,995

911,497

Footnotes
  1. 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.

Note: Some collectively bargained plans cover nonbargaining unit employees under a separate non-negotiated benefit structure.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Figure A1. Distribution of Pension Plans and Participants by type of plan, 1993

Figure A1 - Distribution of Pension Plans and Participants by type of plan, 1993

Reference: Table A1.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.


Figure A2. Active Participants in Pension Plans by type of plan, 1993

Figure A2 - Active Participants in Pension Plans by type of plan, 1993

Reference: Table A2.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.


Figure A3. Distribution of Assets by method of funding, 1993

Figure A3 - Distribution of Assets by method of funding, 1993

Reference: Table A5.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.


Section B: Plans and Participants

Table B1: Distribution of Pension Plans by participant size, 1993

Total Defined Benefit Defined Contribution

Participant Size

Total Plans

Total Plans

Total Plans

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

702,097

83,596

618,501

698,918

81,737

617,180

3,179

1,859

1,320

None or not reported

55,050

9,380

45,670

54,993

9,341

45,652

57

39

18

2-9

333,021

30,266

302,754

333,021

30,266

302,754

-

-

-

10-24

131,842

11,714

120,128

131,842

11,714

120,128

-

-

-

25-49

70,763

7,096

63,666

70,646

7,078

63,567

117

18

99

50-99

50,734

6,466

44,268

50,490

6,385

44,106

243

81

163

100-249

28,840

6,387

22,453

28,416

6,153

22,263

424

234

190

250-499

13,231

4,066

9,165

12,697

3,759

8,938

534

307

227

500-999

7,777

2,985

4,792

7,182

2,633

4,549

595

352

243

1,000-2,499

6,082

2,812

3,271

5,475

2,428

3,048

607

384

223

2,500-4,999

2,269

1,097

1,172

1,993

907

1,086

276

190

86

5,000-9,999

1,323

680

643

1,159

558

601

164

122

42

10,000-19,999

628

336

292

548

271

277

80

65

15

20,000-49,999

385

218

167

332

175

157

53

43

10

50,000 or more

152

94

58

123

69

54

29

25

4

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: Excludes plans covering only one participant.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B2: Distribution of Pension Plans by amount of assets, 1993

Amount of Assets

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

702,097

83,596

618,501

698,918

81,737

617,180

3,179

1,859

1,320

None or not reported

84,070

19,787

64,283

84,007

19,757

64,250

63

31

33

1-24K

40,212

1,006

39,206

40,205

1,003

39,202

7

3

4

25-49K

40,901

1,604

39,297

40,893

1,603

39,290

8

1

7

50-99K

65,278

3,239

62,039

65,261

3,235

62,026

17

4

13

100-249K

137,181

8,870

128,311

137,066

8,862

128,203

115

8

107

250-499K

121,251

12,039

109,212

121,134

12,030

109,104

117

9

108

500-999K

96,368

11,901

84,467

96,270

11,862

84,408

98

39

59

1-2.4M

67,564

10,985

56,579

67,307

10,891

56,416

257

94

163

2.5-4.9M

23,151

4,345

18,806

22,745

4,166

18,579

406

179

227

5-9.9M

10,913

2,991

7,922

10,443

2,701

7,742

470

290

180

10-24.9M

7,512

2,921

4,591

6,932

2,533

4,399

580

388

192

25-49.9M

3,183

1,456

1,727

2,790

1,183

1,607

393

273

120

50-74.9M

1,314

671

643

1,134

533

601

180

138

42

75-99.9M

662

335

327

571

261

310

91

74

17

100-149.9M

698

382

316

574

277

297

124

105

19

150-199.9M

388

225

163

331

174

157

57

51

6

200-249.9M

257

143

114

202

96

106

55

47

8

250-499.9M

548

302

246

485

248

237

63

54

9

500-999.9M

349

207

142

300

163

137

49

44

5

1-2.49B

202

119

83

182

100

82

20

19

1

2.5B or more

95

67

28

86

58

28

9

9

-

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: Excludes plans covering only one participant.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B3: Distribution of Pension Plans by industry, 1993

Industry

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

702,097

83,596

618,501

698,918

81,737

617,180

3,179

1,859

1,320

Agriculture

11,459

1,423

10,036

11,444

1,412

10,032

15

11

4

Mining

4,064

720

3,344

4,057

716

3,341

7

4

3

Construction

46,277

4,983

41,295

44,402

3,992

40,410

1,875

991

885

Manufacturing

88,245

17,792

70,453

87,919

17,560

70,360

326

232

94

Transportation

8,904

1,283

7,621

8,639

1,072

7,567

265

21

55

Communications and utilities

7,592

2,055

5,537

7,577

2,048

5,529

15

7

8

Wholesale trade

49,295

5,050

44,245

49,226

4,994

44,232

69

56

13

Retail trade

59,561

4,427

55,134

59,438

4,320

55,118

123

107

16

Finance, insurance & real estate

50,329

8,486

41,843

50,320

8,479

41,841

9

7

2

Services

335,834

24,806

311,028

335,362

24,572

310,790

472

234

238

Tax-exempt organizations

38,181

12,140

26,040

38,179

12,140

26,038

2

-

2

Industry not reported

2,357

432

1,924

2,356

432

1,923

1

-

1

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: Excludes plans covering only one participant.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B4: Distribution of Participants by participant size, 1993 (numbers in thousands)

Participant Size

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

83,870

40,267

43,603

73,770

32,151

41,619

10,100

8,116

1,983

2-9

1,480

134

1,346

1,480

134

1,346

-

-

-

10-24

2,041

180

1,861

2,041

180

1,861

0

-

0

25-49

2,402

249

2,154

2,398

248

2,150

5

0

4

50-99

3,164

468

2,696

3,149

463

2,687

15

6

10

100-249

4,545

1,043

3,502

4,470

1,002

3,468

74

41

34

250-499

4,483

1,454

3,029

4,287

1,340

2,947

196

114

82

500-999

5,260

2,111

3,149

4,835

1,859

2,977

425

253

172

1,000-2,499

9,222

4,408

4,814

8,247

3,783

4,464

975

625

350

2,500-4,999

7,595

3,745

3,851

6,636

3,080

3,556

959

665

294

5,000-9,999

8,740

4,660

4,080

7,614

3,817

3,797

1,126

843

283

10,000-19,999

8,482

4,549

3,934

7,387

3,670

3,717

1,095

879

216

20,000-49,999

11,411

6,624

4,787

9,791

5,270

4,520

1,620

1,353

267

50,000 or more

15,045

10,643

4,402

11,435

7,306

4,130

3,610

3,338

272

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B5: Distribution of Participants by amount of assets, 1993 (numbers in thousands)

Amount of Assets

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

83,870

40,267

43,603

73,770

32,151

41,619

10,100

8,116

1,983

None or not reported

1,500

539

961

1,493

539

954

7

0

6

1-24K

354

15

338

351

14

337

3

2

1

25-49K

396

25

371

393

25

368

3

0

3

50-99K

788

70

718

783

69

714

5

1

4

100-249K

2,007

232

1,776

1,994

228

1,766

13

4

10

250-499K

2,472

321

2,151

2,452

319

2,133

20

2

18

500-999K

3,251

500

2,751

3,215

490

2,725

36

10

27

1-2.4M

4,797

1,076

3,721

4,685

1,050

3,634

112

25

87

2.5-4.9M

4,089

1,143

2,945

3,922

1,078

2,844

166

65

102

5-9.9M

4,670

1,673

2,998

4,314

1,518

2,797

356

155

201

10-24.9M

7,011

3,257

3,753

6,394

2,877

3,517

616

380

236

25-49.9M

6,079

2,845

3,234

5,259

2,400

2,859

820

445

375

50-74.9M

3,740

1,936

1,804

3,164

1,587

1,577

576

350

226

75-99.9M

2,622

1,354

1,269

2,273

1,144

1,129

350

210

140

100-149.9M

3,863

2,089

1,774

3,186

1,545

1,641

677

544

133

150-199.9M

2,735

1,523

1,212

2,292

1,100

1,192

443

423

20

200-249.9M

2,308

1,349

960

1,686

798

888

623

551

72

250-499.9M

6,167

3,410

2,757

5,345

2,766

2,579

822

644

178

500-999.9M

7,565

4,600

2,965

5,917

3,090

2,827

1,648

1,510

138

1-2.49B

7,892

4,743

3,150

6,901

3,759

3,142

991

984

7

2.5B or more

9,564

7,568

1,996

7,750

5,754

1,996

1,814

1,814

-

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B6: Distribution of Participants by industry, 1993 (numbers in thousands)

Industry

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

83,870

40,267

43,603

73,770

32,151

41,619

10,100

8,116

1,983

Agriculture

384

151

233

358

133

226

26

18

8

Mining

900

492

408

736

335

401

164

156

8

Construction

5,151

2,900

2,251

1,260

198

1,062

3,891

2,702

1,188

Manufacturing

31,861

17,260

14,601

30,491

16,105

14,386

1,370

1,155

215

Transportation

4,340

2,456

1,884

2,892

1,131

1,760

1,448

1,325

123

Communications and utilities

5,347

2,702

2,645

5,299

2,662

2,637

48

40

8

Wholesale trade

2,905

979

1,925

2,614

700

1,913

291

279

12

Retail trade

8,639

3,479

5,160

7,408

2,332

5,076

1,231

1,147

84

Finance, insurance & real estate

8,733

3,947

4,786

8,704

3,922

4,782

29

25

4

Services

13,480

4,852

8,628

11,880

3,583

8,297

1,600

1,269

331

Tax-exempt organizations

2,002

1,010

992

2,000

1,010

990

2

-

2

Industry not reported

129

39

90

129

39

89

0

-

0

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B7: Distribution of Active Participants by type of plan, 1993(1) (numbers in thousands)

Type of Plan

Total Plans

Single Employer Plans(2)

Multiemployer Plans(3)

Total

64,746

58,596

6,150

Defined benefit

25,127

20,670

4,458

Defined contribution

39,619

37,926

1,692

Profit sharing and thrift-savings

33,013

32,785

227

Stock bonus

1,432

1,427

4

Target benefit

192

189

4

Money purchase

3,753

2,600

1,153

Annuity-403(b)(1)

171

90

81

Custodial account - 403(b)(7)

8

8

-

IRAs or annuities (Code 408)

41

39

3

Other defined contribution

1,009

788

220

Footnotes
  1. 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 any nonvested former employees who have not yet incurred a break in service.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B8: Number of Plans by type of plan and method of funding, 1993

Method of Funding

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Funding arrangement for investment of assets:

Total

702,097

83,596

618,501

698,918

81,737

617,180

3,179

1,859

1,320

Trust

485,217

45,096

440,121

483,205

43,930

439,276

2,012

1,166

845

Insurance

21,119

6,606

14,512

21,091

6,593

14,497

28

13

15

Trust and insurance

164,185

22,137

142,048

163,045

21,458

141,587

1,140

680

460

Other

31,577

9,756

21,820

31,577

9,756

21,820

-

-

-

Funding arrangement for payment of benefits:

Total

702,097

83,596

618,501

698,918

81,737

617,180

3,179

1,859

1,320

Trust

493,471

47,081

446,390

491,132

45,705

445,427

2,340

1,376

963

Insurance

48,515

9,701

38,814

48,373

9,609

38,764

142

92

50

Trust and insurance

124,505

16,963

107,542

123,811

16,572

107,238

695

391

304

Other

35,605

9,851

25,754

35,602

9,851

25,751

3

-

3

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table B9: Number of Participants by type of plan and method of funding, 1993 (numbers in thousands)

Method of Funding

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Funding arrangement for investment of assets:

Total

83,870

40,267

43,603

73,770

32,151

41,619

10,100

8,116

1,983

Trust

50,062

24,347

25,715

44,255

19,923

24,333

5,807

4,424

1,383

Insurance

911

494

417

899

491

409

12

3

8

Trust and insurance

31,883

14,981

16,902

27,601

11,291

16,310

4,281

3,689

592

Other

1,014

446

568

1,014

446

568

-

-

-

Funding arrangement for payment of benefits:

Total

83,870

40,267

43,603

73,770

32,151

41,619

10,100

8,116

1,983

Trust

58,136

27,049

31,088

50,682

21,276

29,407

7,454

5,773

1,681

Insurance

3,488

1,551

1,937

3,379

1,475

1,904

109

76

33

Trust and insurance

21,231

11,219

10,012

18,697

8,951

9,746

2,534

2,268

266

Other

1,015

449

566

1,011

449

562

4

-

4

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: Plans with less than 100 participants are required to provide only the total participant count. For these plans, which cover approximately 10 percent of total pension plan participants, the distribution of active, retired, and separated vested participants was assumed to be the same as for larger plans within each category of plan (i.e., single, multiemployer, defined benefit, defined contribution).

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Section C: Financial

Table C1: Distribution of Assets by participant size, 1993 (amounts in millions)

Participant Size

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

$2,316,272

$1,248,180

$1,068,092

$2,091,468

$1,049,915

$1,041,553

$224,804

$198,265

$26,540

None or not reported

2,132

456

1,676

2,049

375

1,674

83

80

2

2-9

105,768

14,860

90,908

105,768

14,860

90,908

-

-

-

10-24

68,387

5,142

63,245

68,387

5,142

63,245

-

-

-

25-49

55,740

5,155

50,585

55,712

5,142

50,569

28

13

16

50-99

58,640

7,526

51,114

58,080

7,223

50,857

560

303

257

100-249

72,356

16,649

55,708

70,604

15,519

55,086

1,752

1,130

622

250-499

71,384

24,248

47,137

66,673

20,804

45,869

4,711

3,444

1,268

500-999

94,342

39,854

54,489

83,908

32,355

51,553

10,434

7,498

2,936

1,000-2,499

178,499

90,101

88,398

154,371

71,450

82,922

24,128

18,651

5,477

2,500-4,999

168,594

92,030

76,564

144,209

72,469

71,740

24,385

19,561

4,824

5,000-9,999

224,195

125,655

98,540

197,437

103,237

94,200

26,758

22,418

4,341

10,000-19,999

256,832

148,194

108,638

231,035

125,732

105,302

25,797

22,462

3,336

20,000-49,999

388,718

231,207

157,510

354,540

199,517

155,023

34,177

31,690

2,487

50,000 or more

570,684

447,104

123,580

498,694

376,089

122,606

71,989

71,015

974

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: 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 private pension fund assets.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C2: Distribution of Assets by asset size, 1993 (amounts in millions)

Amount of Assets

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

$2,316,272

$1,248,180

$1,068,092

$2,091,468

$1,049,915

$1,041,553

$224,804

$198,265

$26,540

1-24K

518

10

508

518

10

508

(3)

(3)

(3)

25-49K

1,523

61

1,462

1,522

61

1,462

(3)

(3)

(3)

50-99K

4,835

247

4,588

4,834

247

4,587

1

(3)

1

100-249K

23,166

1,516

21,650

23,147

1,514

21,632

19

1

18

250-499K

43,384

4,411

38,973

43,347

4,408

38,939

37

3

34

500-999K

68,070

8,481

59,589

67,997

8,451

59,546

73

29

43

1-2.4M

104,084

17,072

87,013

103,644

16,904

86,741

440

168

272

2.5-4.9M

80,204

15,205

65,000

78,804

14,586

64,218

1,401

619

782

5-9.9M

76,327

21,248

55,079

72,931

19,159

53,772

3,396

2,089

1,307

10-24.9M

117,140

47,163

69,978

107,629

40,743

66,886

9,511

6,419

3,092

25-49.9M

111,203

51,215

59,988

97,379

41,593

55,786

13,823

9,622

4,202

50-74.9M

80,513

40,656

39,857

69,536

32,223

37,314

10,977

8,433

2,543

75-99.9M

57,284

29,048

28,237

49,372

22,576

26,796

7,912

6,471

1,441

100-149.9M

85,203

46,502

38,701

70,003

33,692

36,312

15,200

12,810

2,389

150-199.9M

66,566

38,848

27,718

56,674

29,926

26,749

9,892

8,922

970

200-249.9M

57,295

31,817

25,478

45,183

21,446

23,737

12,112

10,371

1,741

250-499.9M

189,944

105,320

84,624

167,970

86,551

81,419

21,974

18,769

3,205

500-999.9M

242,794

142,115

100,678

208,064

110,523

97,541

34,730

31,592

3,138

1-2.49B

305,308

180,012

125,297

275,130

151,195

123,935

30,179

28,817

1,362

2.5B or more

600,913

467,235

133,678

547,785

414,108

133,678

53,128

53,128

-

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.
  3. Less than $500,000.

Note: 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 private pension fund assets.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C3: Distribution of Assets by industry, 1993 (amounts in millions)

Industry

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

Total

$2,316,272

$1,248,180

$1,068,092

$2,091,468

$1,049,915

$1,041,553

$224,804

$198,265

$26,540

Agriculture

8,717

4,321

4,397

8,434

4,075

4,359

283

245

38

Mining

28,666

15,367

13,299

23,159

9,926

13,233

5,507

5,441

67

Construction

136,685

93,522

43,163

29,999

5,391

24,608

106,686

88,131

18,555

Manufacturing

970,502

565,354

405,148

954,568

550,947

403,622

15,934

14,407

1,527

Transportation

111,391

80,366

31,025

62,227

34,462

27,765

49,164

45,904

3,260

Communications and utilities

286,734

207,714

79,019

285,401

206,422

78,980

1,332

1,293

40

Wholesale trade

63,911

18,742

45,168

60,770

15,711

45,059

3,141

3,032

109

Retail trade

100,728

35,119

65,609

85,096

19,605

65,491

15,632

15,513

118

Finance, insurance & real estate

235,067

109,043

126,024

234,636

108,626

126,010

431

417

14

Services

332,771

92,565

240,207

306,096

68,682

237,414

26,675

23,883

2,793

Tax-exempt organizations

40,109

26,049

14,060

40,100

26,049

14,051

9

-

9

Industry not reported

992

19

972

981

19

962

11

-

11

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: 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 private pension fund assets.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1993 (amounts in millions)

Type of Asset

Total

Defined Benefit

Defined Contribution

Assets

Receivables

Employer contributions

$32,043

$21,385

$10,658

Participant contributions

1,443

95

1,347

Income receivables

4,269

2,579

1,689

Other receivables

8,058

5,121

2,937

Less allowance for doubtful accounts

63

51

12

Total receivables (net)

45,750

29,130

16,620

General Investments

Interest-bearing cash

49,394

20,349

29,045

Certificates of deposits

5,570

1,329

4,242

U.S. Government securities

138,653

104,918

33,734

Corporate debt instruments: Preferred

28,707

23,076

5,631

Corporate debt instruments: All other

56,013

38,716

17,297

Preferred stock

10,303

3,250

7,052

Common stock

254,503

174,304

80,199

Partnership/joint venture interests

6,826

5,864

962

Income-producing real estate

5,863

5,066

797

Nonincome-producing real estate

611

493

118

Residential loans (other than to participants) secured by mortgages

1,255

926

329

Commercial loans secured by mortgages

3,662

3,207

455

Mortgage loans to participants

493

32

461

Other loans to participants

12,789

69

12,720

Other loans

2,828

2,339

488

Value of interest in common/collective trusts

124,887

63,963

60,924

Value of interest in pooled separate accounts

59,844

33,285

26,558

Value of interest in master trusts

766,483

613,691

152,792

Value of interest in 103-12 investment entities

2,374

1,674

700

Value of interest in registered investment companies

103,930

22,278

81,651

Value of funds held in insurance company general account

128,478

35,308

93,170

Other or unspecified general investments

66,034

25,377

40,658

Total general investments

1,829,498

1,179,514

649,984

Employer securities

145,756

5,201

140,555

Employer real property

590

95

495

Unspecified investments

700

47

653

Total noninterest-bearing cash

1,833

806

1,027

Buildings and other property used in plan operations

233

221

11

Total Assets

2,024,360

1,215,014

809,346

Liabilities

Benefit claims payable

5,483

723

4,760

Operating payables

7,298

3,248

4,051

Acquisition indebtedness

16,773

388

16,385

Other liabilities

24,464

9,041

15,423

Total Liabilities

54,018

13,400

40,619

Net Assets

1,970,342

1,201,614

768,728

Note: 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan,1993(1) (amounts in millions)

Type of Asset

Total

Defined Benefit

Defined Contribution

Assets

Receivables

Employer contributions

$31,015

$20,550

$10,464

Participant contributions

1,429

92

1,337

Income receivables

3,046

1,521

1,525

Other receivables

6,746

3,974

2,772

Less allowance for doubtful accounts

14

6

8

Total receivables (net)

42,221

26,131

16,090

General Investments

Interest-bearing cash

39,534

11,858

27,677

Certificates of deposits

4,489

969

3,520

U.S. Government securities

78,233

52,135

26,098

Corporate debt instruments: Preferred

16,026

11,534

4,492

Corporate debt instruments: All other

37,047

23,043

14,004

Preferred stock

9,702

2,690

7,012

Common stock

190,814

113,937

76,877

Partnership/joint venture interests

5,993

5,046

947

Income-producing real estate

2,866

2,287

579

Nonincome-producing real estate

320

216

105

Residential loans (other than to participants) secured by mortgages

528

297

230

Commercial loans secured by mortgages

1,308

961

347

Mortgage loans to participants

457

6

451

Other loans to participants

12,507

8

12,499

Other loans

505

25

480

Value of interest in common/collective trusts

109,425

49,630

59,795

Value of interest in pooled separate accounts

56,632

30,352

26,280

Value of interest in master trusts

766,129

613,357

152,772

Value of interest in 103-12 investment entities

1,659

981

678

Value of interest in registered investment companies

99,671

18,686

80,985

Value of funds held in insurance company general account

117,502

27,838

89,664

Other or unspecified general investments

58,769

19,948

38,820

Total general investments

1,610,117

985,806

624,311

Employer securities

145,074

4,523

140,551

Employer real property

588

93

495

Unspecified investments

700

47

653

Total noninterest-bearing cash

1,499

518

981

Buildings and other property used in plan operations

30

27

3

Total Assets

1,800,230

1,017,145

783,085

Liabilities

Benefit claims payable

5,201

581

4,620

Operating payables

6,648

2,642

4,006

Acquisition indebtedness

16,646

276

16,370

Other liabilities

21,027

5,758

15,268

Total Liabilities

49,521

9,257

40,264

Net Assets

1,750,709

1,007,888

742,821

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.

Note: 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1993(1) (amounts in millions)

Type of Asset

Total

Defined Benefit

Defined Contribution

Assets

Receivables

Employer contributions

$1,028

$834

$194

Participant contributions

13

4

10

Income receivables

1,223

1,058

164

Other receivables

1,312

1,147

166

Less allowance for doubtful accounts

48

45

4

Total receivables (net)

3,528

2,998

530

General Investments

Interest-bearing cash

9,860

8,491

1,368

Certificates of deposits

1,081

360

721

U.S. Government securities

60,420

52,783

7,637

Corporate debt instruments: Preferred

12,681

11,542

1,140

Corporate debt instruments: All other

18,966

15,673

3,293

Preferred stock

600

560

40

Common stock

63,689

60,367

3,323

Partnership/joint venture interests

832

818

15

Income-producing real estate

2,997

2,778

218

Nonincome-producing real estate

291

277

13

Residential loans (other than to participants) secured by mortgages

727

629

98

Commercial loans secured by mortgages

2,354

2,246

108

Mortgage loans to participants

36

26

10

Other loans to participants

282

61

221

Other loans

2,323

2,314

9

Value of interest in common/collective trusts

15,461

14,333

1,128

Value of interest in pooled separate accounts

3,212

2,933

278

Value of interest in master trusts

354

334

20

Value of interest in 103-12 investment entities

715

693

22

Value of interest in registered investment companies

4,259

3,592

666

Value of funds held in insurance company general account

10,975

7,470

3,506

Other or unspecified general investments

7,266

5,428

1,838

Total general investments

219,381

193,708

25,673

Employer securities

682

679

3

Employer real property

3

3

(2)

Unspecified investments

(2)

(2)

(2)

Total noninterest-bearing cash

334

287

46

Buildings and other property used in plan operations

202

194

8

Total Assets

224,130

197,869

26,261

Liabilities

Benefit claims payable

282

142

140

Operating payables

651

606

45

Acquisition indebtedness

127

112

15

Other liabilities

3,437

3,283

154

Total Liabilities

4,497

4,143

355

Net Assets

219,633

193,726

25,906

Footnotes
  1. Includes multiemployer plans and multiple-employer collectively bargained plans.
  2. Less than $500,000.

Note: 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C7: Percent Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1993

Type of Asset

Total

$1-.9M

$1.0M- 9.9M

$10.0M- 249.9M

$250.0M- 999.9M

$1.0B or More

Total Assets

100

100

100

100

100

100

Cash

2

9

5

3

2

1

Receivables

2

6

3

2

2

3

U.S. Government securities

9

4

9

12

10

6

Corporate debt instruments: Preferred

2

1

1

2

2

2

Corporate debt instruments: All other

3

2

4

5

5

2

Corporate stocks

15

5

13

19

18

11

Real estate and mortgages (other than to participants)

1

(1)

(1)

1

1

1

Other loans to participants

(1)

(1)

(1)

(1)

(1)

0

Value of interest in common/collective trusts

5

10

11

6

6

4

Value of interest in pooled separate accounts

3

5

7

3

2

2

Value of interest in master trusts

51

22

21

35

44

62

Value of interest in registered investment companies

2

6

6

3

2

1

Value of funds held in insurance company general account

3

17

13

5

3

2

Employer securities

(1)

(1)

(1)

(1)

(1)

1

Other investments

3

13

6

4

3

2

Footnotes
  1. Less than one percent.

Note: Percent distributions may not add to 100 because complete information on portfolio distributions was not available for all plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C8: Percent Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1993

Type of Asset

Total

$1-.9M

$1.0M- 9.9M

$10.0M- 249.9M

$250.0M- 999.9M

$1.0B or More

Total Assets

100

100

100

100

100

100

Cash

4

9

8

5

3

2

Receivables

2

7

4

3

2

1

U.S. Government securities

4

3

6

5

3

3

Corporate debt instruments: Preferred

1

1

1

1

1

1

Corporate debt instruments: All other

2

2

3

2

2

2

Corporate stocks

11

5

9

11

12

10

Real estate and mortgages (other than to participants)

(1)

(1)

(1)

(1)

(1)

(1)

Other loans to participants

2

1

1

2

2

2

Value of interest in common/collective trusts

8

10

12

9

6

5

Value of interest in pooled separate accounts

3

11

8

3

1

3

Value of interest in master trusts

19

2

3

12

22

29

Value of interest in registered investment companies

10

13

16

15

8

4

Value of funds held in insurance company general account

12

15

14

12

9

12

Employer securities

17

3

6

13

22

23

Other investments

5

18

9

7

6

2

Footnotes
  1. Less than one percent.

Note: Percent distributions may not add to 100 because complete information on portfolio distributions was not available for all plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1993 (amounts in millions)

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$81,586

$47,615

$33,971

Participants

42,024

854

41,169

Others

3,139

771

2,368

Noncash contributions

933

432

501

Total contributions

127,683

49,672

78,011

Interest earnings

Interest-bearing cash

4,958

2,100

2,858

Certificates of deposit

376

128

248

U.S. Government securities

8,277

6,509

1,767

Corporate debt instruments

5,288

4,032

1,257

Mortgage loans

425

331

93

Other loans

960

65

894

Other or unspecified interest

12,387

3,964

8,423

Total interest earnings

32,671

17,130

15,540

Dividends

Preferred stock

1,807

256

1,551

Common stock

10,556

4,569

5,986

Total dividend income

12,364

4,826

7,538

Rents

305

202

102

Net gain(loss) on sale of assets

15,142

10,022

5,120

Unrealized appreciation (depreciation) of assets

30,099

10,442

19,657

Net investment gain (loss) from common/collective trusts

7,795

4,795

3,000

Net investment gain (loss) from pooled separate accounts

4,365

2,620

1,745

Net investment gain (loss) from master trusts

75,584

63,273

12,311

Net investment gain (loss) from 103-12 investment entities

203

92

111

Net investment gain (loss) from registered investment companies

5,853

1,093

4,759

Other or unspecified income

3,996

1,841

2,155

Total Income

316,059

166,009

150,050

Expenses

Benefit payments and payments to provide benefits

Direct benefits

122,775

69,523

53,252

Payments to insurance carriers

2,738

2,456

282

Other benefits

1,563

454

1,109

Total payments

127,076

72,433

54,643

Interest expense

2,464

24

2,440

Administrative expenses

Salaries and allowances

235

188

47

Accounting fees

112

71

41

Actuarial fees

350

326

24

Contract administrator fees

356

243

113

Investment advisory and management fees

2,310

1,883

426

Legal fees

128

102

26

Valuation/appraisal fees

15

8

7

Trustee fees/expenses

519

326

193

Other administrative expenses

1,749

1,179

570

Total administrative expenses

5,773

4,325

1,448

Other or unspecified expenses

165

59

106

Total Expenses

135,478

76,841

58,637

Net Income

180,581

89,168

91,413

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1993 (amounts in millions)

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$72,117

$40,119

$31,998

Participants

41,898

821

41,077

Others

3,104

743

2,361

Noncash contributions

920

419

501

Total contributions

118,040

42,103

75,937

Interest earnings

Interest-bearing cash

4,136

1,360

2,776

Certificates of deposit

288

92

196

U.S. Government securities

4,252

2,926

1,325

Corporate debt instruments

3,054

2,075

979

Mortgage loans

120

42

77

Other loans

918

41

877

Other or unspecified interest

11,079

3,005

8,074

Total interest earnings

23,845

9,541

14,304

Dividends

Preferred stock

1,744

199

1,545

Common stock

9,093

3,185

5,908

Total dividend income

10,838

3,384

7,453

Rents

175

93

82

Net gain(loss) on sale of assets

11,799

6,848

4,951

Unrealized appreciation (depreciation) of assets

29,394

9,624

19,770

Net investment gain (loss) from common/collective trusts

7,126

4,171

2,955

Net investment gain (loss) from pooled separate accounts

4,246

2,524

1,722

Net investment gain (loss) from master trusts

75,563

63,252

12,311

Net investment gain (loss) from 103-12 investment entities

182

73

109

Net investment gain (loss) from registered investment companies

5,724

986

4,737

Other or unspecified income

3,682

1,612

2,070

Total Income

290,612

144,211

146,401

Expenses

Benefit payments and payments to provide benefits

Direct benefits

110,009

58,298

51,711

Payments to insurance carriers

1,805

1,528

277

Other benefits

1,528

437

1,090

Total payments

113,342

60,264

53,078

Interest expense

2,459

19

2,440

Administrative expenses

Salaries and allowances

68

42

27

Accounting fees

69

37

32

Actuarial fees

291

271

20

Contract administrator fees

207

114

93

Investment advisory and management fees

1,683

1,323

361

Legal fees

38

25

13

Valuation/appraisal fees

12

6

6

Trustee fees/expenses

498

309

189

Other administrative expenses

1,395

892

503

Total administrative expenses

4,262

3,019

1,243

Other or unspecified expenses

165

59

106

Total Expenses

120,229

63,361

56,867

Net Income

170,384

80,850

89,534

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1993 (amounts in millions)

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$9,469

$7,495

$1,974

Participants

126

33

93

Others

35

28

7

Noncash contributions

13

13

(1)

Total contributions

9,643

7,569

2,074

Interest earnings

Interest-bearing cash

822

740

82

Certificates of deposit

89

37

52

U.S. Government securities

4,025

3,583

442

Corporate debt instruments

2,234

1,956

278

Mortgage loans

305

289

16

Other loans

42

24

17

Other or unspecified interest

1,308

959

349

Total interest earnings

8,825

7,589

1,236

Dividends

Preferred stock

64

57

7

Common stock

1,462

1,384

78

Total dividend income

1,526

1,441

85

Rents

130

110

20

Net gain(loss) on sale of assets

3,344

3,174

170

Unrealized appreciation (depreciation) of assets

705

818

-113

Net investment gain (loss) from common/collective trusts

669

624

45

Net investment gain (loss) from pooled separate accounts

119

97

23

Net investment gain (loss) from master trusts

21

21

(1)

Net investment gain (loss) from 103-12 investment entities

21

19

2

Net investment gain (loss) from registered investment companies

129

107

22

Other or unspecified income

314

230

84

Total Income

25,447

21,797

3,649

Expenses

Benefit payments and payments to provide benefits

Direct benefits

12,766

11,225

1,541

Payments to insurance carriers

933

928

5

Other benefits

36

17

19

Total payments

13,734

12,169

1,565

Interest expense

5

5

(1)

Administrative expenses

Salaries and allowances

166

146

20

Accounting fees

44

35

9

Actuarial fees

59

55

4

Contract administrator fees

149

129

20

Investment advisory and management fees

626

561

66

Legal fees

90

77

14

Valuation/appraisal fees

2

2

1

Trustee fees/expenses

20

17

3

Other administrative expenses

353

286

67

Total administrative expenses

1,510

1,306

205

Other or unspecified expenses

(1)

(1)

(1)

Total Expenses

15,250

13,480

1,770

Net Income

10,197

8,318

1,879

Footnotes
  1. Less than one percent.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C12: Percent Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1993

Income and Expenses

Total

$1-.9M

$1.0M- 9.9M

$10.0M- 249.9M

$250.0M- 999.9M

$1.0B or More

Total Income

100

100

100

100

100

100

Contributions received or receivable from:

Employers

29

68

44

30

24

29

Participants

1

(1)

1

1

(1)

1

Others

(1)

(1)

2

2

(1)

(1)

Total contributions

30

69

47

32

24

30

Interest earnings

Interest-bearing cash

1

3

3

2

1

1

Certificates of deposit

(1)

(1)

(1)

(1)

(1)

(1)

U.S. Government securities

4

1

4

6

5

3

Corporate debt instruments

2

1

2

4

3

2

Mortgage loans

(1)

(1)

(1)

(1)

(1)

(1)

Other loans

(1)

(1)

(1)

(1)

(1)

(1)

Other or unspecified interest

2

6

8

5

3

1

Total interest earnings

10

10

17

16

13

7

Total dividend income

3

1

3

4

4

2

Net gain(loss) on sale of assets

6

3

5

9

8

4

Unrealized appreciation (depreciation) of assets

6

(1)

2

4

9

6

Net investment gain (loss) from common/collective trusts

3

2

4

3

3

3

Net investment gain (loss) from pooled separate accounts

2

1

3

2

2

1

Net investment gain (loss) from master trusts

38

7

13

25

35

45

Net investment gain (loss) from registered investment companies

1

2

2

1

1

(1)

Other or unspecified income

1

4

3

2

1

1

Footnotes
  1. Less than one percent.

Note: Percent distributions may not add to 100 because complete information on portfolio distributions was not available for all plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table C13: Percent Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1993

Income and Expenses

Total

$1-.9M

$1.0M- 9.9M

$10.0M- 249.9M

$250.0M- 999.9M

$1.0B or More

Total Income

100

100

100

100

100

100

Contributions received or receivable from:

Employers

23

39

32

27

20

15

Participants

27

44

35

29

25

23

Others

2

2

2

1

2

1

Total contributions

52

86

69

58

49

39

Interest earnings

Interest-bearing cash

2

1

2

2

2

1

Certificates of deposit

(1)

(1)

(1)

(1)

(1)

(1)

U.S. Government securities

1

(1)

1

1

1

1

Corporate debt instruments

1

(1)

1

1

1

1

Mortgage loans

(1)

(1)

(1)

(1)

(1)

(1)

Other loans

1

(1)

(1)

(1)

(1)

1

Other or unspecified interest

6

2

4

5

6

6

Total interest earnings

10

4

10

11

10

10

Total dividend income

5

1

2

4

6

6

Net gain(loss) on sale of assets

3

1

2

3

3

5

Unrealized appreciation (depreciation) of assets

13

(1)

5

9

17

20

Net investment gain (loss) from common/collective trusts

2

1

2

2

2

2

Net investment gain (loss) from pooled separate accounts

1

1

2

1

(1)

2

Net investment gain (loss) from master trusts

8

(1)

1

5

9

15

Net investment gain (loss) from registered investment companies

3

2

4

5

3

1

Other or unspecified income

1

3

2

2

1

1

Footnotes
  1. Less than one percent.

Note: Percent distributions may not add to 100 because complete information on portfolio distributions was not available for all plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Figure C. Amount of Assets in Pension Plans, 1993

Figure C - Amount of Assets in Pension Plans, 1993

Reference: Table A1.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Section D: Defined Contribution Plans

Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1993 (amounts in millions)

Type of Asset

Total Defined Contribution Plans

Profit Sharing and Thrift-Savings Plans

Stock Bonus Plans

Target Benefit Plans

Money Purchase Plans

Other Defined Contribution Plans

Assets

Receivables

Employer contributions

10,658

9,147

462

43

834

173

Participant contributions

1,347

1,278

5

1

19

44

Income receivables

1,689

1,379

36

6

182

86

Other receivables

2,937

2,541

45

1

138

212

Less allowance for doubtful accounts

12

7

0

0

5

1

Total receivables (net)

16,620

14,338

548

50

1,169

514

General Investments

Interest-bearing cash

29,045

24,491

970

59

2,048

1,477

Certificates of deposits

4,242

3,240

14

7

798

182

U.S. Government securities

33,734

23,561

196

97

6,505

3,376

Corporate debt instruments: Preferred

5,631

3,978

11

19

979

645

Corporate debt instruments: All other

17,297

13,074

139

30

3,058

996

Preferred stock

7,052

6,412

375

52

138

76

Common stock

80,199

65,604

5,149

147

6,418

2,881

Partnership/joint venture interests

962

814

2

1

136

8

Income-producing real estate

797

337

2

(1)

257

202

Nonincome-producing real estate

118

98

2

(1)

8

10

Residential loans (other than to participants) secured by mortgages

329

173

3

1

147

6

Commercial loans secured by mortgages

455

333

3

2

46

70

Mortgage loans to participants

461

444

1

(1)

12

4

Other loans to participants

12,720

11,788

210

3

299

419

Other loans

488

448

2

(1)

31

7

Value of interest in common/collective trusts

60,924

55,872

239

108

2,488

2,216

Value of interest in pooled separate accounts

26,558

24,729

11

21

1,322

477

Value of interest in master trusts

152,792

143,795

474

647

5,280

2,597

Value of interest in 103-12 investment entities

700

592

0

0

108

0

Value of interest in registered investment companies

81,651

73,375

1,754

159

4,136

2,228

Value of funds held in insurance company general account

93,170

83,185

891

80

6,324

2,690

Other or unspecified general investments

40,658

35,624

240

31

3,327

1,437

Total general investments

649,984

571,966

10,687

1,465

43,863

22,003

Employer securities

140,555

125,456

11,880

8

533

2,678

Employer real property

495

494

1

0

(1)

(1)

Unspecified investments

653

640

(1)

(1)

15

(1)

Total noninterest-bearing cash

1,027

866

26

2

98

36

Buildings and other property used in plan

11

2

0

(1)

4

6

Total Assets

809,346

713,762

23,142

1,526

45,681

25,235

Liabilities

Benefit claims payable

4,760

4,236

213

5

150

155

Operating payables

4,051

3,528

286

(1)

36

200

Acquisition indebtedness.

16,385

13,373

2,906

0

31

74

Other liabilities

15,423

13,488

1,552

1

150

231

Total Liabilities

40,619

34,626

4,958

6

367

661

Net Assets

768,728

679,137

18,184

1,519

45,314

24,574

Footnotes
  1. Less than $500,000.

Note: 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan year.


Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1993 (amounts in millions)

Income and Expenses

Total Defined Contribution Plans

Profit Sharing and Thrift-Savings Plans

Stock Bonus Plans

Target Benefit Plans

Money Purchase Plans

Other Defined Contribution Plans

Income

Contributions received or receivable from:

Employers

33,971

27,793

1,215

120

3,690

1,153

Participants

41,169

38,960

524

3

369

1,312

Others

2,368

2,299

19

(1)

34

16

Noncash contributions

501

408

82

(1)

9

3

Total contributions

78,011

69,461

1,839

124

4,103

2,483

Interest earnings

Interest-bearing cash

2,858

2,496

45

6

208

102

Certificates of deposit

248

179

1

(1)

42

25

U.S. Government securities

1,767

1,167

9

4

398

190

Corporate debt instruments

1,257

914

12

2

236

92

Mortgage loans

93

73

(1)

(1)

13

6

Other loans

894

846

5

(1)

21

22

Other or unspecified interest

8,423

7,489

80

9

537

307

Total interest earnings

15,540

13,164

154

22

1,457

745

Dividends

Preferred stock

1,551

1,388

133

2

16

12

Common stock

5,986

5,293

333

5

211

145

Total dividend income

7,538

6,681

466

7

227

158

Rents

102

72

(1)

0

11

19

Net gain(loss) on sale of assets

5,120

4,386

179

(1)

373

184

Unrealized appreciation (depreciation) of assets

19,657

18,078

1,104

16

257

203

Net investment gain (loss) from common/collective trusts

3,000

2,714

30

3

142

112

Net investment gain (loss) from pooled separate accounts

1,745

1,634

3

1

82

24

Net investment gain (loss) from master trusts

12,311

11,635

98

54

387

137

Net investment gain (loss) from 103-12 investment entities

111

64

39

0

7

1

Net investment gain (loss) from registered investment companies

4,759

4,287

69

7

261

136

Other or unspecified income

2,155

1,829

18

1

213

94

Total Income

150,050

134,004

3,999

234

7,519

4,294

Expenses

Benefit payments and payments to provide benefits

Direct benefits

53,252

47,325

1,180

82

2,813

1,852

Payments to insurance carriers

282

99

1

3

112

66

Other benefits

1,109

1,013

46

(1)

40

9

Total payments

54,643

48,438

1,228

86

2,965

1,926

Interest expense

2,440

2,076

338

(1)

3

23

Administrative expenses

Salaries and allowances

47

21

(1)

(1)

12

13

Accounting fees

41

29

1

(1)

8

3

Actuarial fees

24

14

(1)

(1)

7

2

Contract administrator fees

113

84

1

(1)

22

5

Investment advisory and management fees

426

319

4

2

71

30

Legal fees

26

10

1

(1)

9

5

Valuation/appraisal fees

7

5

(1)

0

1

(1)

Trustee fees/expenses

193

174

2

1

12

4

Other administrative expenses

570

462

17

(1)

44

47

Total administrative expenses

1,448

1,119

27

4

187

110

Other or unspecified expenses

106

105

(1)

(1)

1

(1)

Total Expenses

58,637

51,738

1,593

90

3,157

2,059

Net Income

91,413

82,266

2,406

145

4,362

2,234

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1993

Type of Plan

Number of Plans(1)

Total Participants (thousands)

Active Participants (thousands)

Total Assets (millions)(2)

Total Contributions (millions)(3)

Total Benefits (millions)(4)

Total

154,527

25,313

23,138

616,316

69,322

44,206

Profit sharing and thrift-savings

152,506

24,344

22,262

592,579

66,524

42,270

Stock bonus

84

258

221

8,000

868

545

Target benefit

47

1

1

14

1

0

Money purchase

1,282

202

194

2,911

403

363

Annuity - 403(b)(1)

83

2

2

6

1

1

Custodial account - 403(b)(7)

1

0

0

0

0

0

IRAs or annuities (Code 408)

189

17

15

351

69

25

Other defined contribution

336

489

442

12,455

1,457

1,002

Footnotes
  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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table D4: Number of 401(k) Type Plans by participant size and primary or supplemental status, 1993

Participant Size

Total

401(K) Plan is Only Plan Sponsored by Employer

Employer Sponsoring 401(K) Plan Also Sponsors Another Pension Plan(s)

Total

154,527

131,988

22,539

None or not reported

5,634

4,863

769

2-9

27,722

24,889

2,833

10-24

42,567

38,984

3,583

25-49

31,113

28,123

2,990

50-99

22,120

18,986

3,135

100-249

13,848

10,356

3,492

250-499

5,463

3,336

2,127

500-999

2,780

1,415

1,366

1,000-2,499

1,929

736

1,193

2,500-4,999

684

189

495

5,000-9,999

363

81

282

10,000-19,999

179

16

163

20,000-49,999

100

14

86

50,000 or more

25

-

25

Note: Plans with less than 100 participants are required to provide only the total participant count. For these plans, which cover approximately ten percent of total pension plan participants, the distribution of active, retired, and separated vested participants was assumed to be the same as for larger plans within each category of plan (i.e., single, multiemployer, defined benefit, defined contribution).

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table D5: Number of Active Participants in 401(k) Type Plans by participant size and primary or supplemental status, 1993 (numbers in thousands)

Participant Size

Total

401(K) Plan is Only Plan Sponsored by Employer

Employer Sponsoring 401(K) Plan Also Sponsors Another Pension Plan(s)

Total

23,138

9,050

14,088

2-9

160

145

16

10-24

670

611

59

25-49

1,047

944

103

50-99

1,488

1,277

211

100-249

2,003

1,479

525

250-499

1,743

1,041

701

500-999

1,784

894

891

1,000-2,499

2,756

1,019

1,738

2,500-4,999

2,195

606

1,589

5,000-9,999

2,302

508

1,795

10,000-19,999

2,287

199

2,089

20,000-49,999

2,842

329

2,513

50,000 or more

1,860

-

1,860

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1993 (amounts in millions)

Type of Asset

Total

401(k) Plan is Only Plan Sponsored by Employer

Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s)

Assets

Receivables

Employer contributions

5,429

2,206

3,223

Participant contributions

1,156

358

798

Income receivables

1,036

163

873

Other receivables

1,848

279

1,569

Less allowance for doubtful accounts

1

1

(1)

Total receivables (net)

9,469

3,006

6,463

General Investments

Interest-bearing cash

19,233

5,915

13,318

Certificates of deposits

2,321

552

1,769

U.S. Government securities

14,024

3,812

10,212

Corporate debt instruments: Preferred

2,742

439

2,303

Corporate debt instruments: All other

9,101

2,600

6,501

Preferred stock

2,227

315

1,912

Common stock

42,605

9,065

33,540

Partnership/joint venture interests

476

212

263

Income-producing real estate

152

92

60

Nonincome-producing real estate

41

29

12

Residential loans (other than to participants) secured by mortgages

115

51

64

Commercial loans secured by mortgages

87

44

43

Mortgage loans to participants

387

103

284

Other loans to participants

10,962

1,811

9,151

Other loans

361

73

289

Value of interest in common/collective trusts

44,925

11,359

33,565

Value of interest in pooled separate accounts

21,562

6,242

15,320

Value of interest in master trusts

116,888

6,276

110,612

Value of interest in 103-12 investment entities

543

153

390

Value of interest in registered investment companies

66,292

19,464

46,827

Value of funds held in insurance company general account

70,875

11,898

58,977

Other or unspecified general investments

26,814

6,628

20,187

Total general investments

452,733

87,134

365,600

Employer securities

93,029

4,937

88,092

Employer real property

359

357

2

Unspecified investments

596

476

120

Total noninterest-bearing cash

713

228

485

Buildings and other property used in plan operations

1

1

(1)

Total Assets

556,899

96,138

460,762

Liabilities

Benefit claims payable

2,712

517

2,195

Operating payables

3,099

91

3,008

Acquisition indebtedness.

5,718

138

5,581

Other liabilities

10,291

234

10,057

Total Liabilities

21,820

980

20,840

Net Assets

535,079

95,158

439,921

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants by number of pension plans sponsored by employer, 1993 (amounts in millions)

Income and Expenses

Total

401(k) Plan is Only Plan Sponsored by Employer

Employer Sponsoring 401(k) Plan Also Sponsors Another Pension Plan(s)

Income

Contributions received or receivable from:

Employers

20,470

5,463

15,007

Participants

36,151

8,252

27,899

Others

2,060

542

1,518

Noncash contributions

301

55

246

Total contributions

58,983

14,313

44,670

Interest earnings

Interest-bearing cash

2,033

490

1,543

Certificates of deposit

124

34

89

U.S. Government securities

699

183

516

Corporate debt instruments

631

150

481

Mortgage loans

42

10

32

Other loans

556

87

469

Other or unspecified interest

6,466

1,042

5,424

Total interest earnings

10,550

1,997

8,553

Dividends

Preferred stock

931

43

889

Common stock

4,035

428

3,608

Total dividend income

4,967

471

4,496

Rents

48

42

6

Net gain(loss) on sale of assets

3,508

645

2,863

Unrealized appreciation (depreciation) of assets

13,862

1,495

12,366

Net investment gain (loss) from common/collective trusts

2,256

692

1,563

Net investment gain (loss) from pooled separate accounts

1,459

380

1,078

Net investment gain (loss) from master trusts

8,616

478

8,137

Net investment gain (loss) from 103-12 investment entities

93

17

75

Net investment gain (loss) from registered investment companies

3,850

1,279

2,571

Other or unspecified income

1,482

446

1,036

Total Income

109,673

22,257

87,416

Expenses

Benefit payments and payments to provide benefits

Direct benefits

37,111

6,853

30,258

Payments to insurance carriers

64

38

26

Other benefits

905

122

783

Total payments

38,080

7,013

31,067

Interest expense

1,160

19

1,141

Administrative expenses

Salaries and allowances

17

5

12

Accounting fees

20

8

11

Actuarial fees

14

3

11

Contract administrator fees

58

23

35

Investment advisory and management fees

212

89

123

Legal fees

6

3

3

Valuation/appraisal fees

3

1

2

Trustee fees/expenses

128

46

82

Other administrative expenses

407

63

344

Total administrative expenses

864

241

622

Other or unspecified expenses

99

1

98

Total Expenses

40,203

7,274

32,929

Net Income

69,470

14,983

54,487

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table D8: Percent Distribution of Assets in 401(k) Type Plans with 100 or More Participants by type of asset, 1985-1992

Type of Asset

1985

1986

1987

1988

1989

1991

1992

Total

100

100

100

100

100

100

100

Cash

5

5

7

8

8

9

8

Receivables

3

3

3

3

3

3

3

U.S. Government securities

7

7

7

6

6

7

6

Corporate debt securities

6

6

6

6

5

6

4

Corporate stock (other than that of the plan sponsor)

23

23

21

21

22

20

20

Employer securities.

24

19

19

17

16

16

16

Loans to participants

-

-

-

1

1

2

2

Value of funds held in insurance company general account

29

31

32

32

34

30

28

Value of interest in registered investment companies

2

3

3

4

4

7

12

Other investments and assets(1)

3

3

2

2

1

1

1

Footnotes
  1. Includes partnership/joint venture interests, real estate, loans (other than to participants), and miscellaneous other investments. Each year about 5 to 8 percent of total assets are reported on the Form 5500 under other investments. An examination of a small sample of plans reporting other investments indicate that virtually all of these assets are common types of holdings such as stocks, bonds, and unallocated insurance contracts, that have been misreported. In this table such assets have been reallocated to the appropriate categories based on the findings from the plans examined.

- Data not available.

Note: Excludes all ESOPs with a 401(k) type arrangement.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-1992 plan years. The distributions are tabulated from data sets created by merging Form 5500 files with files containing financial data from pooled fund arrangements invested in by plans. In the merged data sets, the pooled fund assets reported by plans have been redistributed to the underlying asset categories.

Data are not available for 1990 or 1993.


Table D9: Number of Employee Stock Ownership Plans (ESOPs), Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1993

Type of Plan

Number of Plans(1)

Total Participants (thousands)(2)

Active Participants (thousands)

Total Assets (millions)(3)

Total Contributions (millions)(4)

Total Benefits (millions)(5)

Total

9,226

7,568

6,793

$214,607

$14,269

$14,765

Profit sharing and thrift-savings

7,874

6,191

5,579

195,112

12,845

13,580

Stock bonus

998

1,236

1,088

15,907

1,047

887

Money purchase

136

17

15

378

39

18

Annuity - 403(b)(1)

1

0

0

0

0

0

IRAs or annuities (Code 408)

73

14

13

296

51

17

Other defined contribution

145

110

98

2,914

286

262

Footnotes
  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. 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.
  4. Includes both employer and employee contributions.
  5. 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.


Table D10: 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 Plans(1)

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

Footnotes
  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.


Table D11: Balance Sheet of Employer Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1993 (amounts in millions)

Type of Asset

Total ESOPs

Nonleveraged ESOPs

Leveraged ESOPs

Assets

Receivables

Employer contributions

1,889

1,314

575

Participant contributions

193

81

112

Income receivables

507

139

368

Other receivables

736

279

457

Less allowance for doubtful accounts

4

(1)

4

Total receivables (net)

3,322

1,813

1,508

General Investments

Interest-bearing cash

2,719

1,589

1,130

Certificates of deposits

381

36

345

U.S. Government securities

3,776

851

2,925

Corporate debt instruments: Preferred

1,334

117

1,217

Corporate debt instruments: All other

2,442

246

2,196

Preferred stock

5,504

3,822

1,682

Common stock

22,654

14,316

8,337

Partnership/joint venture interests

25

24

(1)

Income-producing real estate

16

15

(1)

Nonincome-producing real estate

4

2

2

Residential loans (other than to participants) secured by mortgages

3

3

(1)

Commercial loans secured by mortgages

18

5

13

Mortgage loans to participants

43

7

37

Other loans to participants

2,974

735

2,238

Other loans

6

6

(1)

Value of interest in common/collective trusts

8,192

2,935

5,257

Value of interest in pooled separate accounts

670

87

583

Value of interest in master trusts

39,388

7,806

31,582

Value of interest in 103-12 investment entities

(1)

(1)

0

Value of interest in registered investment companies

6,414

2,707

3,707

Value of funds held in insurance company general account

15,092

3,790

11,302

Other or unspecified general investments

7,026

2,751

4,276

Total general investments

118,683

41,852

76,830

Employer securities

87,232

38,396

48,836

Employer real property

21

22

(1)

Unspecified investments

120

(1)

120

Total noninterest-bearing cash

169

46

123

Buildings and other property used in plan

0

0

0

Total Assets

209,547

82,131

127,416

Liabilities

Benefit claims payable

1,528

1,033

495

Operating payables

3,467

820

2,647

Acquisition indebtedness

15,667

8,735

6,932

Other liabilities

13,604

2,898

10,706

Total Liabilities

34,266

13,486

20,780

Net Assets

175,281

68,645

106,636

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table D12: Income Statement of Employer Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1993 (amounts in millions)

Type of Asset

Total ESOPs

Nonleveraged ESOPs

Leveraged ESOPs

Income

Contributions received or receivable from:

Employers

6,749

3,525

3,224

Participants

6,573

2,186

4,386

Others

245

60

185

Noncash contributions

261

210

51

Total contributions

13,828

5,981

7,846

Interest earnings

Interest-bearing cash

510

271

239

Certificates of deposit

20

4

16

U.S. Government securities

170

36

134

Corporate debt instruments

210

23

187

Mortgage loans

21

1

20

Other loans

169

28

141

Other or unspecified interest

1,052

278

774

Total interest earnings

2,152

641

1,510

Dividends

Preferred stock

1,288

538

750

Common stock

2,426

1,008

1,417

Total dividend income

3,714

1,546

2,167

Rents

1

1

0

Net gain(loss) on sale of assets

1,174

337

837

Unrealized appreciation (depreciation) of assets

11,594

4,456

7,138

Net investment gain (loss) from common/collective trusts

366

121

245

Net investment gain (loss) from pooled separate accounts

55

12

43

Net investment gain (loss) from master trusts

4,228

473

3,755

Net investment gain (loss) from 103-12 investment entities

2

2

(1)

Net investment gain (loss) from registered investment companies

307

138

169

Other or unspecified income

588

138

449

Total Income

38,008

13,848

24,160

Expenses

Benefit payments and payments to provide benefits

Direct benefits

13,597

5,836

7,761

Payments to insurance carriers

3

3

1

Other benefits

550

170

380

Total payments

14,151

6,009

8,142

Interest expense

2,246

882

1,364

Administrative expenses

Salaries and allowances

6

2

5

Accounting fees

3

2

1

Actuarial fees

2

1

1

Contract administrator fees

10

6

4

Investment advisory and management fees

22

10

12

Legal fees

3

2

(1)

Valuation/appraisal fees

1

1

(1)

Trustee fees/expenses

29

11

18

Other administrative expenses

175

31

143

Total administrative expenses

250

66

184

Other or unspecified expenses

105

6

98

Total Expenses

16,752

6,964

9,788

Net Income

21,257

6,885

14,372

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Figure D. Number of 401(k) Plans, 1984-1993

Figure D - Number of 401(k) Plans, 1984-1993

Reference: Table F23.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.


Section E: Funding Status of Defined Benefit Plans

Table E1: Funding Status Characteristics of Defined Benefit Plans, 1993

Item

Total Plans

Single Employer Plans
Total

Single Employer Plans
Not Collectively Bargained

Single Employer Plans
Collectively Bargained

Multiemployer Plans

All Plans

Number of plans(1)

61,175

59,372

52,285

7,086

1,803

Total participants (in thousands)

39,449

31,375

20,844

10,531

8,074

Assets (in millions)

1,121,437

936,965

575,714

361,251

184,472

Liabilities (in millions)

906,405

730,295

425,998

304,297

176,110

Net excess assets (assets-liabilities)

215,032

206,670

149,716

56,954

8,362

Percent of plans fully funded

79

79

82

59

73

Median funding ratio(2)

1.24

1.25

1.26

1.07

1.13

Fully Funded Plans

Number of plans(1)

48,343

47,023

42,848

4,175

1,320

Total participants (in thousands)

30,762

25,876

18,435

7,441

4,886

Assets (in millions)

940,225

827,056

540,549

286,507

113,169

Liabilities (in millions)

686,432

592,294

385,624

206,670

94,137

Net excess assets (assets-liabilities)

253,793

234,762

154,924

79,837

19,031

Median funding ratio(2)

1.34

1.34

1.35

1.29

1.21

Not Fully Funded Plans

Number of plans(1)

12,832

12,349

9,438

2,911

484

Total participants (in thousands)

8,687

5,499

2,409

3,091

3,188

Assets (in millions)

181,213

109,909

35,166

74,744

71,303

Liabilities (in millions)

219,974

138,001

40,374

97,627

81,973

Net excess assets (assets-liabilities)

-38,761

-28,092

-5,209

-22,883

-10,669

Median funding ratio(2)

0.85

0.85

0.85

0.82

0.90

Footnotes
  1. 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.
  2. 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.

Note: A fully funded plan is defined as a plan in which assets are equal or greater than current liabilities.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table E2: Percent Distribution of Defined Benefit Plans by funding status, 1993

Funding Ratio(1)

Total Plans

Single Employer PlansTotal

Single Employer PlansNot Collectively Bargained

Single Employer PlansCollectively Bargained

Multiemployer Plans

Number of plans(2)

61,175

59,372

52,285

7,086

1,803

Percent

Total

100

100

100

100

100

Less than .5

2

2

1

4

1

.5-.74

5

5

4

11

3

.75-.99

15

15

13

26

23

1.0-1.24

30

30

30

26

43

1.25-1.3

16

16

17

11

16

1.4-1.5

14

15

15

9

7

1.6-1.74

5

6

6

4

1

1.75-1.9

5

5

5

3

3

2.0 or higher

8

9

9

5

3

Median funding ratio(3)

1.24

1.25

1.26

1.07

1.13

Footnotes
  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 years.


Table E3: Percent Distribution of Defined Benefit Plans by interest rate assumption, 1993

Interest Rate Assumption

Total Plans

Single Employer Plans
Total

Single Employer Plans
Not Collectively Bargained

Single Employer Plans
Collectively Bargained

Multiemployer Plans

Number of plans(1)

61,175

59,372

52,285

7,086

1,803

Percent

Total

100

100

100

100

100

6.5-6.9

5

5

5

0

1

7.0-7.4

21

21

23

9

24

7.5-7.9

15

14

15

9

31

8.0-8.4

41

41

41

42

40

8.5-8.9

18

18

15

40

3

Median interest rate assumption

8.0

8.0

8.0

8.0

7.5

Footnotes
  1. 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table E4: Percent Distribution of Defined Benefit Plans by actuarial cost method, 1993

Cost Method

Total Plans

Single Employer Plans
Total

Single Employer Plans
Not Collectively Bargained

Single Employer Plans
Collectively Bargained

Multiemployer Plans

Number of plans(1)

61,175

59,372

52,285

7,086

1,803

Percent

Total

100

100

100

100

100

Attained age normal

0

0

0

0

1

Entry age normal

10

8

6

19

72

Accrued benefit (unit credit)

16

16

13

40

10

Aggregate

18

19

20

8

4

Frozen initial liability

14

14

12

23

12

Individual level premium

0

0

0

0

-

Other

42

43

48

9

1

Footnotes
  1. 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table E5: Percent Distribution of Defined Benefit Plans by retirement age assumption, 1993

Retirement Age Assumption

Total Plans

Single Employer Plans
Total

Single Employer Plans
Not Collectively Bargained

Single Employer Plans
Collectively Bargained

Multiemployer Plans

Number of plans(1)

61,175

59,372

52,285

7,086

1,803

Percent

Total

100

100

100

100

100

Less than 60

8

8

9

2

10

60

5

4

5

3

11

61

2

2

2

5

10

62

11

11

10

16

29

63

6

6

5

16

8

64

4

4

3

7

4

65

63

64

66

49

26

66 or more

2

27

2

1

1

Footnotes
  1. 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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table E6: Median Interest Rate Assumption by funded status, 1993

Funded Status

Total Plans

Single Employer Plans
Total

Single Employer Plans
Not Collectively Bargained

Single Employer Plans
Collectively Bargained

Multiemployer Plans

Total

8.0

8.0

8.0

8.0

7.5

Less than .5

8.0

8.0

7.5

8.0

7.5

.5-.74

8.0

8.0

7.5

8.1

7.5

.75-.99

8.0

8.0

8.0

8.3

7.5

1.0-1.24

8.0

8.0

8.0

8.0

7.5

1.25-1.3

8.0

8.0

8.0

8.0

7.5

1.4-1.5

8.0

8.0

8.0

8.0

7.5

1.6-1.74

8.0

8.0

8.0

8.0

7.7

1.75-1.9

8.0

8.0

8.0

8.2

8.0

2.0 or higher

8.0

8.0

8.0

8.0

7.5

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table E7: Median Funded Status of Plans by number of participants,1993(1)

Number of Participants

Total Plans

Single Employer Plans
Total

Single Employer Plans
Not Collectively Bargained

Single Employer Plans
Collectively Bargained

Multiemployer Plans

Total

1.24

1.25

1.26

1.07

1.13

Less than 50

1.25

1.25

1.25

1.20

0.86

50-99

1.23

1.22

1.28

1.09

1.89

100-249

1.21

1.22

1.32

1.02

1.11

250-499

1.22

1.24

1.32

1.04

1.12

500-999

1.23

1.25

1.32

1.05

1.14

1,000-4,999

1.27

1.30

1.34

1.13

1.13

5,000-9,999

1.25

1.29

1.33

1.16

1.14

10,000-19,999

1.25

1.28

1.32

1.22

1.17

20,000-49,999

1.24

1.30

1.33

1.13

0.99

50,000 or more

1.24

1.35

1.37

1.31

1.06

Footnotes
  1. 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 years.


Table E8: Median Funding Ratio by ratio of retired liability to total liability, 1993

Retired Liability to Total Liability

Total Plans

Single Employer Plans
Total

Single Employer Plans
Not Collectively Bargained

Single Employer Plans
Collectively Bargained

Multiemployer Plans

Total

1.24

1.25

1.26

1.07

1.13

.01-.19

1.24

1.24

1.29

1.01

1.21

.2-.39

1.26

1.26

1.34

1.06

1.20

.4-.59

1.24

1.27

1.36

1.11

1.11

.6-.79

1.11

1.13

1.22

1.04

1.04

.8-1

1.01

1.01

1.02

0.88

-

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Table E9: Funding Status of Defined Benefit Plans by year, 1990-1993

 

1990

1991

1992

1993

Total plans

Percent of plans fully funded

80

81

82

79

Median funding ratio

1.32

1.27

1.29

1.24

Median interest rate assumption

8

8

8

8

Single employer plans

Total

Percent of plans fully funded

81

81

84

79

Median funding ratio

1.36

1.36

1.32

1.25

Median interest rate assumption

9

8

8

8

Not collectively bargained

Percent of plans fully funded

87

84

85

82

Median funding ratio

1.45

1.36

1.39

1.26

Median interest rate assumption

8

8

8

8

Collectively bargained

Percent of plans fully funded

65

61

65

59

Median funding ratio

1.14

1.07

1.11

1.07

Median interest rate assumption

9

9

9

8

Multiemployer plans

Percent of plans fully funded

76

74

76

73

Median funding ratio

1.15

1.14

1.15

1.13

Median interest rate assumption

8

8

8

7.5

Source: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.


Section F: Historical Tables

Table F1: Number of Pension Plans by type of plan, 1975-1993

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

311,094

103,346

207,748

308,651

101,214

207,437

2,443

2,132

311

1976

359,980

113,970

246,010

357,521

111,859

245,662

2,459

2,111

348

1977

402,627

121,655

280,972

400,134

119,525

280,609

2,493

2,130

363

1978

442,998

128,407

314,591

440,443

126,238

314,205

2,555

2,169

386

1979

470,921

139,489

331,432

468,265

137,243

331,022

2,656

2,246

410

1980

488,901

148,096

340,805

486,142

145,764

340,378

2,759

2,332

427

1981

545,611

167,293

378,318

542,789

165,042

377,747

2,822

2,252

570

1982

594,456

174,998

419,458

591,417

172,662

418,755

3,039

2,336

703

1983

602,848

175,143

427,705

599,822

172,843

426,979

3,026

2,300

726

1984

604,434

168,015

436,419

601,413

165,732

435,681

3,021

2,283

738

1985

632,135

170,172

461,963

629,069

167,911

461,158

3,066

2,283

738

1986

717,627

172,642

544,985

714,563

170,431

544,132

3,063

2,210

853

1987

733,029

163,065

569,964

729,909

160,904

569,005

3,112

2,157

955

1988

729,922

145,952

583,971

726,648

143,833

582,815

3,275

2,119

1,156

1989

731,356

132,467

598,889

728,276

130,472

597,804

3,080

1,995

1,085

1990

712,308

113,062

599,245

709,404

111,251

598,153

2,904

1,812

1,092

1991

699,294

101,752

597,542

696,300

99,931

596,369

2,994

1,821

1,173

1992

708,335

88,621

619,714

705,226

86,797

618,429

3,109

1,824

1,285

1993

702,097

83,596

618,501

698,918

81,737

617,180

3,179

1,859

1,320

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F2: Number of Pension Plans with Fewer than 100 Participants by type of plan, 1975-1993

Year
Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

282,472

83,311

199,161

282,285

83,198

199,087

187

113

74

1976

329,855

93,410

236,445

329,615

93,244

236,371

240

166

74

1977

372,010

101,258

270,752

371,719

101,038

270,681

291

220

71

1978

408,665

105,474

303,191

408,401

105,323

303,078

265

151

113

1979

435,334

116,143

319,191

435,053

115,954

319,099

281

189

92

1980

451,046

123,591

327,455

450,740

123,340

327,400

306

251

55

1981

505,368

142,304

363,064

505,109

142,165

362,944

259

139

120

1982

552,258

149,600

402,658

551,899

149,391

402,508

359

309

150

1983

558,146

149,164

408,982

557,847

148,955

408,892

299

209

90

1984

558,943

142,912

416,031

558,649

142,699

415,950

293

213

81

1985

583,476

145,430

438,046

583,171

145,292

437,879

305

138

167

1986

666,669

148,168

518,501

666,424

148,005

518,419

245

163

82

1987

681,238

139,644

541,594

680,921

139,472

541,449

310

169

141

1988

675,525

123,146

552,378

675,117

122,962

552,154

408

184

224

1989

675,706

111,048

564,658

675,470

110,941

564,529

236

107

129

1990

659,144

93,821

565,323

658,848

93,730

565,118

296

91

205

1991

645,517

83,298

562,218

645,182

83,181

562,001

334

117

217

1992

650,282

69,883

580,399

649,924

69,778

580,146

358

104

253

1993

642,615

64,937

577,678

642,196

64,799

577,396

419

137

282

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-1993

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

28,622

20,035

8,587

26,366

18,016

8,350

2,256

2,019

237

1976

30,125

20,560

9,565

27,906

18,615

9,291

2,219

1,945

274

1977

30,617

20,397

10,220

28,415

18,487

9,928

2,202

1,910

292

1978

34,333

22,933

11,400

32,042

20,915

11,127

2,290

2,018

273

1979

35,587

23,346

12,241

33,212

21,289

11,923

2,375

2,057

318

1980

37,855

24,505

13,350

35,402

22,424

12,978

2,453

2,081

372

1981

40,243

24,989

15,254

37,680

22,877

14,803

2,563

2,113

450

1982

42,198

25,398

16,800

39,518

23,271

16,247

2,680

2,127

553

1983

44,702

25,979

18,723

41,975

23,888

18,087

2,727

2,091

636

1984

45,491

25,103

20,388

42,763

23,033

19,731

2,728

2,070

657

1985

48,658

24,742

23,917

45,897

22,619

23,279

2,761

2,123

638

1986

50,958

24,474

26,484

48,139

22,426

25,713

2,818

2,047

771

1987

51,791

23,421

28,370

48,988

21,432

27,556

2,802

1,988

814

1988

54,397

22,805

31,593

51,530

20,870

30,661

2,867

1,935

932

1989

55,650

21,419

34,231

52,807

19,531

33,275

2,844

1,888

956

1990

53,164

19,242

33,922

50,556

17,521

33,035

2,608

1,721

887

1991

53,777

18,454

35,324

51,118

16,750

34,368

2,660

1,704

956

1992

58,053

18,738

39,315

55,302

17,019

38,283

2,751

1,719

1,032

1993

59,482

18,660

40,822

56,722

16,938

39,784

2,760

1,722

1,038

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F4: Estimated Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans, 1975-1993(1)(workers in thousands)

Year

Number of Wage and Salary Workers

Workers Covered by a Defined Benefit Plan
Number

Workers Covered by a Defined Benefit Plan
Percent

Workers Covered by a Primary Defined Contribution Plan
Number

Workers Covered by a Primary Defined Contribution Plan
Percent

Workers Covered by a Supplemental Defined Contribution Plan(s)
Number

Workers Covered by a Supplemental Defined Contribution Plan(s)
Percent

1975

68,104

26,817

39

3,921

6

5,948

9

1976

71,117

27,119

38

4,591

6

6,993

10

1977

73,254

27,655

38

5,141

7

7,623

10

1978

75,939

28,613

38

5,424

7

8,258

11

1979

78,058

29,008

37

5,790

7

9,368

12

1980

78,349

29,736

38

6,203

8

10,134

13

1981

80,282

29,687

37

7,224

9

10,629

13

1982

82,318

29,361

36

8,120

10

12,087

15

1983

84,410

29,576

35

9,395

11

14,191

17

1984

86,732

29,812

34

9,902

11

15,303

18

1985

88,293

28,894

33

11,550

13

16,018

18

1986

90,267

28,536

32

12,672

14

16,188

18

1987

91,559

28,347

31

13,437

15

16,110

18

1988

93,012

27,864

30

14,106

15

15,180

16

1989

94,448

27,240

29

15,485

16

15,242

16

1990

94,772

26,323

28

16,116

17

15,671

17

1991

94,959

25,701

27

17,133

18

15,287

16

1992

96,577

25,318

26

19,474

20

16,300

17

1993

97,749

25,091

26

19,780

20

16,621

17

Footnotes
  1. For workers covered under both a defined benefit and a defined contribution plan, the defined benefit plan is designed as the primary plan unless the plan name indicates it provides supplemental or past service benefits.

Source: Number of workers taken from Employment and Earnings, U.S. Department of Labor, and the Bureau of Labor Statistics. These numbers include both employed (full and part-time) and unemployed wage and salary workers. The number of workers in primary and supplemental plans are estimates derived from annual Form 5500 reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F5: Number of Participants in Pension Plans by type of plan, 1975-1993 (numbers in thousands)

Year
Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

44,511

33,004

11,507

35,724

24,514

11,210

8,787

8,490

297

1976

47,679

34,207

13,472

39,072

25,927

13,145

8,607

8,280

327

1977

50,236

34,997

15,239

41,637

26,754

14,884

8,598

8,243

355

1978

52,371

36,103

16,268

43,665

27,762

15,903

8,707

8,341

365

1979

55,097

36,810

18,287

46,085

28,275

17,810

9,013

8,536

477

1980

57,903

37,979

19,924

48,910

29,555

19,354

8,993

8,423

570

1981

60,564

38,903

21,661

51,326

30,331

20,995

9,238

8,572

666

1982

63,243

38,633

24,610

54,105

30,289

23,816

9,138

8,343

794

1983

69,147

40,025

29,122

59,645

31,405

28,240

9,501

8,620

881

1984

73,895

40,980

32,915

64,244

32,329

31,915

9,651

8,651

1,000

1985

74,665

39,692

34,973

65,414

31,436

33,978

9,251

8,256

995

1986

76,672

39,989

36,682

67,069

31,676

35,392

9,603

8,313

1,290

1987

78,223

39,958

38,265

68,550

31,650

36,900

9,673

8,308

1,365

1988

77,685

40,722

36,963

67,734

32,386

35,348

9,951

8,336

1,615

1989

76,405

39,958

36,447

65,964

31,248

34,716

10,441

8,710

1,731

1990

76,924

38,832

38,091

67,003

30,522

36,481

9,921

8,311

1,611

1991

77,662

39,027

38,634

67,583

30,683

36,900

10,079

8,344

1,735

1992

81,914

39,531

42,383

71,783

31,395

40,388

10,131

8,136

1,995

1993

83,870

40,267

43,603

73,770

32,151

41,619

10,100

8,116

1,983

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F6: Number of Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-1993 (numbers in thousands)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

4,080

1,552

2,528

4,066

1,543

2,524

14

9

4

1976

4,660

1,795

2,865

4,648

1,787

2,861

12

8

4

1977

5,116

1,993

3,124

5,104

1,985

3,120

12

8

4

1978

5,143

1,828

3,316

5,127

1,820

3,307

16

7

9

1979

5,389

1,802

3,587

5,372

1,792

3,580

17

10

7

1980

5,741

1,995

3,746

5,725

1,980

3,744

17

15

2

1981

6,298

2,154

4,143

6,283

2,148

4,135

15

6

9

1982

6,877

2,155

4,722

6,854

2,144

4,710

23

11

12

1983

6,872

2,154

4,718

6,855

2,144

4,711

17

10

7

1984

6,886

2,013

4,873

6,869

2,013

4,856

17

12

5

1985

7,553

2,059

5,495

7,537

2,052

5,486

16

8

9

1986

7,926

2,033

5,893

7,914

2,025

5,889

12

8

4

1987

8,413

2,008

6,405

8,400

2,000

6,400

13

8

5

1988

8,345

1,720

6,625

8,329

1,713

6,616

16

8

9

1989

8,200

1,396

6,804

8,188

1,392

6,796

12

4

8

1990

8,268

1,279

6,989

8,251

1,275

6,976

17

4

13

1991

8,441

1,226

7,215

8,424

1,218

7,206

17

8

8

1992

9,076

1,129

7,946

9,059

1,125

7,934

17

5

12

1993

9,087

1,030

8,057

9,067

1,024

8,043

20

6

14

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F7: Number of Participants in Pension Plans with 100 or More Participants by type of plan, 1975-1993 (numbers in thousands)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

40,431

31,452

8,979

31,658

22,971

8,686

8,773

8,480

293

1976

43,019

32,412

10,607

34,424

24,140

10,284

8,595

8,272

323

1977

45,120

33,004

12,115

36,533

24,769

11,764

8,586

8,235

351

1978

47,228

34,275

12,953

38,537

25,941

12,596

8,691

8,334

357

1979

49,708

35,008

14,700

40,713

26,483

14,230

8,996

8,526

470

1980

52,162

35,984

16,178

43,185

27,575

15,610

8,977

8,408

568

1981

54,266

36,748

17,518

45,043

28,183

16,861

9,223

8,565

657

1982

56,366

36,446

19,920

47,248

28,112

19,136

9,118

8,332

785

1983

62,275

37,871

24,404

52,790

29,261

23,529

9,485

8,610

875

1984

67,009

38,967

28,042

57,375

30,316

27,059

9,634

8,640

995

1985

67,112

37,633

29,478

57,877

29,384

28,493

9,235

8,248

986

1986

68,746

37,956

30,790

59,155

29,651

29,503

9,591

8,305

1,286

1987

69,810

37,950

31,860

60,150

29,650

30,500

9,660

8,300

1,360

1988

69,340

39,002

30,338

59,404

30,673

28,732

9,935

8,326

1,606

1989

68,205

38,562

29,643

57,776

29,856

27,920

10,429

8,705

1,724

1990

68,655

37,553

31,102

58,752

29,247

29,505

9,904

8,306

1,598

1991

69,221

37,801

31,420

59,157

29,465

29,694

10,063

8,336

1,727

1992

72,838

38,402

34,436

62,724

30,270

32,454

10,114

8,132

1,982

1993

74,783

39,237

35,546

64,703

31,127

33,576

10,080

8,110

1,969

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F8: Number of Active Participants in Pension Plans by type of plan, 1975-1993 (numbers in thousands)

Year
Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

38,431

27,214

11,217

31,079

20,129

10,950

7,353

7,086

267

1976

40,723

27,520

13,203

33,627

20,728

12,899

7,096

6,792

304

1977

42,659

28,058

14,600

35,681

21,414

14,267

6,977

6,644

333

1978

44,664

29,036

15,628

37,717

22,433

15,284

6,947

6,603

344

1979

46,929

29,440

17,489

39,799

22,757

17,041

7,130

6,683

447

1980

49,026

30,133

18,893

42,079

23,705

18,374

6,947

6,428

519

1981

50,826

30,082

20,743

43,821

23,701

20,120

7,005

6,381

623

1982

53,204

29,756

23,448

46,344

23,630

22,714

6,860

6,126

734

1983

57,808

29,964

27,844

50,911

23,877

27,034

6,897

6,087

810

1984

60,775

30,172

30,603

54,044

24,315

29,729

6,732

5,857

875

1985

62,268

29,024

33,244

55,778

23,465

32,313

6,491

5,559

931

1986

63,290

28,670

34,620

56,723

23,270

33,453

6,566

5,400

1,167

1987

63,392

28,432

34,959

56,846

23,170

33,676

6,546

5,262

1,284

1988

62,142

28,081

34,062

55,464

22,867

32,596

6,678

5,213

1,465

1989

61,294

27,304

33,990

54,300

21,892

32,408

6,994

5,412

1,582

1990

61,831

26,344

35,488

55,409

21,386

34,022

6,422

4,957

1,465

1991

61,517

25,747

35,771

55,048

20,833

34,215

6,469

4,914

1,555

1992

64,231

25,362

38,868

57,940

20,771

37,170

6,290

4,592

1,699

1993

64,746

25,127

39,619

58,596

20,670

37,926

6,150

4,458

1,692

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: The number of participants includes double counting of workers in more than one plan.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993.


Table F9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-1993 (numbers in thousands)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

4,032

1,524

2,508

4,018

1,514

2,504

14

10

4

1976

4,527

1,704

2,823

4,516

1,697

2,819

12

8

4

1977

4,885

1,835

3,050

4,874

1,828

3,046

11

7

4

1978

4,934

1,675

3,259

4,918

1,668

3,250

16

7

9

1979

5,103

1,641

3,462

5,087

1,632

3,455

16

8

7

1980

5,406

1,828

3,578

5,392

1,816

3,576

14

12

2

1981

5,996

1,957

4,039

5,982

1,952

4,031

14

5

8

1982

6,463

1,974

4,489

6,447

1,966

4,481

16

8

8

1983

6,381

1,861

4,520

6,365

1,852

4,513

15

9

6

1984

6,591

1,841

4,750

6,576

1,831

4,745

16

11

5

1985

7,227

1,880

5,348

7,213

1,874

5,340

14

6

8

1986

7,583

1,849

5,734

7,573

1,843

5,731

10

7

3

1987

7,793

1,672

6,121

7,778

1,666

6,113

15

6

8

1988

7,715

1,525

6,189

7,699

1,519

6,180

16

6

10

1989

8,033

1,301

6,731

8,022

1,297

6,725

11

4

7

1990

7,944

1,162

6,783

7,928

1,158

6,770

16

4

13

1991

8,183

1,114

7,069

8,167

1,107

7,061

16

7

9

1992

8,707

1,022

7,685

8,692

1,019

7,673

15

4

12

1993

8,727

935

7,792

8,709

930

7,779

18

5

13

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: The number of participants includes double counting of workers in more than one plan.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993.


Table F10: Number of Active Participants in Pension Plans with 100 or More Participants by type of plan, 1975-1993 (numbers in thousands)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

34,399

25,691

8,709

27,061

18,615

8,446

7,338

7,076

263

1976

36,195

25,815

10,380

29,111

19,031

10,080

7,084

6,784

300

1977

37,774

26,223

11,551

30,807

19,586

11,221

6,966

6,637

329

1978

39,730

27,361

12,369

32,798

20,765

12,033

6,931

6,596

335

1979

41,826

27,779

14,027

34,712

21,125

13,586

7,115

6,675

440

1980

43,620

28,305

15,315

36,687

21,889

14,798

6,933

6,416

517

1981

44,830

28,125

16,704

37,839

21,749

16,090

6,991

6,376

615

1982

46,741

27,782

18,959

39,897

21,664

18,233

6,844

6,118

726

1983

51,428

28,104

23,324

44,546

22,025

22,520

6,882

6,078

804

1984

54,184

28,331

25,853

47,468

22,484

24,984

6,716

5,846

870

1985

55,041

27,145

27,896

48,564

21,591

26,973

6,476

5,553

923

1986

55,706

26,820

28,886

49,150

21,427

27,723

6,556

5,393

1,163

1987

55,599

26,760

28,838

49,067

21,504

27,563

6,531

5,256

1,275

1988

54,428

26,555

27,872

47,765

21,348

26,417

6,663

5,207

1,456

1989

53,262

26,004

27,258

46,278

20,595

25,683

6,983

5,409

1,574

1990

53,887

25,182

28,705

47,481

20,228

27,252

6,406

4,954

1,453

1991

53,334

24,633

28,701

46,881

19,726

27,155

6,453

4,907

1,546

1992

55,524

24,340

31,184

49,249

19,752

29,497

6,275

4,588

1,687

1993

56,019

24,192

31,827

49,887

19,739

30,148

6,132

4,453

1,679

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: The number of participants includes double counting of workers in more than one plan.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993.


Table F11: Pension Plan Assets by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$259,963

$185,950

$74,013

$237,308

$163,984

$73,323

$22,655

$21,966

$687

1976

298,440

216,283

82,157

271,583

190,389

81,194

26,857

25,894

963

1977

325,074

233,609

91,465

295,179

204,781

90,399

29,895

28,829

1,066

1978

377,195

272,684

104,511

343,183

239,884

103,299

34,012

32,800

1,211

1979

445,430

319,595

125,835

404,724

280,326

124,398

40,706

39,269

1,437

1980

563,551

401,455

162,096

514,583

353,967

160,616

48,968

47,488

1,480

1981

628,916

444,376

184,540

572,101

389,846

182,615

56,814

54,890

1,924

1982

788,987

553,419

235,567

716,281

483,536

232,744

72,706

69,883

2,823

1983

923,470

642,359

281,111

843,693

566,369

277,323

79,777

75,990

3,788

1984

1,044,592

700,669

343,922

947,373

608,703

338,670

97,212

91,966

5,246

1985

1,252,739

826,117

426,622

1,136,417

716,107

420,310

116,322

110,010

6,312

1986

1,382,910

895,073

487,837

1,251,034

772,205

478,830

131,876

122,868

9,008

1987

1,402,488

877,269

525,219

1,266,694

751,475

515,219

135,794

125,794

10,000

1988

1,503,635

911,982

591,653

1,351,845

772,381

579,464

151,790

139,601

12,189

1989

1,675,597

987,971

687,626

1,505,319

832,148

673,171

170,278

155,822

14,455

1990

1,674,139

961,904

712,236

1,496,300

798,167

698,133

177,839

163,737

14,102

1991

1,936,271

1,101,987

834,284

1,743,190

926,424

816,766

193,080

175,562

17,518

1992

2,094,087

1,146,798

947,289

1,879,033

955,621

923,412

215,053

191,177

23,877

1993

2,316,272

1,248,180

1,068,092

2,091,468

1,049,915

1,041,553

224,804

198,265

26,540

Footnotes
  1. 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 private pension plan assets.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$32,308

$8,781

$23,527

$32,272

$8,747

$23,524

$37

$34

$2

1976

35,369

10,329

25,039

35,233

10,223

25,010

136

107

29

1977

42,953

12,459

30,494

42,828

12,368

30,463

124

92

32

1978

52,023

15,661

36,362

51,727

15,471

36,255

297

190

106

1979

64,021

19,498

44,523

63,725

19,271

44,453

296

227

69

1980

86,785

31,498

55,287

86,101

30,872

55,229

684

626

58

1981

104,006

38,792

65,214

103,220

38,081

65,139

785

711

74

1982

129,263

46,971

82,292

128,895

46,649

82,246

369

323

46

1983

155,214

60,594

94,620

154,626

60,064

94,562

58

530

58

1984

176,847

62,904

113,943

176,103

62,231

113,873

743

673

70

1985

211,665

67,745

143,920

210,666

66,878

143,789

999

867

132

1986

232,718

66,276

166,442

231,481

65,132

166,350

1,237

1,143

93

1987

228,244

65,232

163,012

227,048

64,277

162,771

1,196

955

241

1988

240,867

54,652

186,215

239,393

53,389

186,004

1,474

1,263

211

1989

236,459

44,570

191,889

236,016

44,243

191,773

443

327

116

1990

242,068

44,192

197,876

241,224

43,599

197,624

844

592

252

1991

264,329

40,161

224,168

263,967

40,033

223,934

362

128

234

1992

261,359

30,396

230,963

260,922

30,199

230,723

437

197

239

1993

291,912

33,166

258,746

291,238

32,770

258,468

675

396

278

Footnotes
  1. 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 private pension plan assets.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$227,655

$177,169

$50,486

$205,036

$155,237

$49,799

$22,619

$21,932

$687

1976

263,071

205,954

57,118

236,350

180,166

56,184

26,721

25,787

934

1977

282,121

221,150

60,971

252,350

192,413

59,936

29,771

28,737

1,034

1978

325,172

257,023

68,149

291,456

224,413

67,044

33,715

32,610

1,105

1979

381,409

300,097

81,312

340,999

261,055

79,945

40,410

39,042

1,368

1980

476,766

369,957

106,809

428,482

323,095

105,387

48,284

46,862

1,422

1981

524,910

405,584

119,326

468,881

351,405

117,476

56,029

54,179

1,850

1982

659,724

506,448

153,276

587,386

436,887

150,499

72,337

69,560

2,777

1983

768,256

581,765

186,491

689,066

506,305

182,761

79,190

75,460

3,730

1984

867,745

637,765

229,979

771,270

546,472

224,797

96,469

91,293

5,176

1985

1,041,074

758,372

282,702

925,751

649,229

276,521

115,523

109,143

6,180

1986

1,150,192

828,797

321,395

1,019,553

707,073

312,480

130,639

121,725

8,915

1987

1,174,244

812,037

362,207

1,039,646

687,198

352,448

134,598

124,839

9,759

1988

1,262,768

857,330

405,438

1,112,452

718,992

393,460

150,316

138,338

11,978

1989

1,439,138

943,401

495,737

1,269,303

787,905

481,398

169,835

155,496

14,339

1990

1,432,072

917,712

514,360

1,255,076

754,567

500,509

176,995

163,145

13,851

1991

1,671,942

1,061,826

610,116

1,479,224

886,391

592,832

192,718

175,434

17,284

1992

1,832,728

1,116,401

716,326

1,618,111

925,422

692,689

214,617

190,979

23,637

1993

2,024,360

1,215,014

809,346

1,800,230

1,017,145

783,085

224,130

197,869

26,261

Footnotes
  1. 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 l5 percent of total private pension plan assets.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F14: Pension Plan Contributions by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$37,061

$24,242

$12,819

$32,970

$20,268

$12,207

$4,091

$3,974

$117

1976

42,780

28,540

14,240

38,161

24,073

14,088

4,619

4,467

152

1977

47,061

31,197

15,864

41,931

26,229

15,702

5,130

4,968

162

1978

55,943

37,591

18,353

49,793

31,602

18,191

6,151

5,989

162

1979

61,279

40,585

20,694

54,217

33,738

20,479

7,061

6,847

214

1980

66,157

42,626

23,531

58,718

35,524

23,194

7,439

7,102

337

1981

75,374

46,985

28,389

67,191

39,187

28,004

8,183

7,798

385

1982

79,502

48,438

31,064

71,320

40,807

30,513

8,182

7,631

551

1983

82,447

46,313

36,134

74,022

38,677

35,345

8,425

7,636

789

1984

90,625

47,197

43,428

81,553

38,990

42,563

9,072

8,207

865

1985

95,188

41,996

53,192

85,927

33,794

52,133

9,261

8,202

1,059

1986

91,503

33,161

58,342

82,190

25,142

57,049

9,313

8,020

1,293

1987

92,070

29,793

62,277

82,834

21,993

60,841

9,235

7,800

1,436

1988

91,248

26,300

64,948

81,612

18,352

63,261

9,636

7,948

1,688

1989

97,920

24,723

73,197

88,049

16,684

71,365

9,871

8,039

1,832

1990

98,792

23,026

75,766

89,834

15,709

74,125

8,958

7,317

1,641

1991

111,124

30,146

80,978

102,224

22,952

79,272

8,899

7,194

1,705

1992

128,795

35,174

93,621

119,682

27,964

91,718

9,114

7,210

1,904

1993

153,642

52,123

101,519

143,944

44,521

99,423

9,698

7,602

2,096

Footnotes
  1. 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 l5 percent of total private pension plan assets.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F15: Pension Plan Contributions of Plans with Fewer than 100 Participants by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$6,504

$1,775

$4,729

$6,502

$1,733

$4,728

$3

$2

$1

1976

7,156

2,295

4,861

7,136

2,278

4,858

20

17

3

1977

8,236

2,616

5,620

8,213

2,598

5,615

22

18

5

1978

9,644

3,303

6,342

9,602

3,271

6,330

43

31

12

1979

11,542

4,323

7,219

11,495

4,290

7,205

46

33

13

1980

13,545

5,870

7,675

13,490

5,830

7,660

55

40

15

1981

16,406

7,163

9,242

16,304

7,079

9,225

101

84

17

1982

16,094

7,672

9,422

16,047

7,641

9,406

47

31

16

1983

17,357

7,593

9,764

17,288

7,537

9,751

69

56

13

1984

18,561

7,850

10,712

18,487

7,788

10,700

74

62

12

1985

21,575

7,404

14,171

21,489

7,339

14,150

86

65

21

1986

21,543

5,659

15,884

21,475

5,607

15,868

68

52

16

1987

19,963

4,296

15,667

19,895

4,239

15,656

67

57

11

1988

18,964

3,015

15,948

18,909

2,981

15,929

54

34

20

1989

20,995

2,763

18,232

20,961

2,742

18,219

34

21

13

1990

21,687

2,608

19,079

21,642

2,590

19,052

44

18

26

1991

21,908

2,420

19,488

21,881

2,413

19,468

27

7

21

1992

25,214

2,229

22,985

25,185

2,223

22,962

29

6

23

1993

25,959

2,451

23,508

25,904

2,418

23,486

55

33

22

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: Includes both employer and employee contributions.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F16: Pension Plan Contributions of Plans with 100 or More Participants by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$30,557

$22,466

$8,090

$26,468

$18,494

$7,974

$4,088

$3,972

$116

1976

35,624

26,245

9,379

31,025

21,795

9,230

4,599

4,450

149

1977

38,825

28,580

10,244

33,718

23,631

10,087

5,107

4,950

157

1978

46,299

34,288

12,010

40,191

28,331

11,861

6,108

5,958

150

1979

49,737

36,262

13,475

42,722

29,448

13,274

7,015

6,814

201

1980

52,612

36,756

15,856

45,228

29,694

15,534

7,384

7,062

322

1981

58,968

39,822

19,147

50,887

32,108

18,779

8,082

7,714

368

1982

62,408

40,766

21,642

54,273

33,166

21,108

8,135

7,600

535

1983

65,090

38,720

26,370

56,734

31,140

25,594

8,356

7,580

776

1984

72,064

39,347

32,717

63,066

31,203

31,863

8,997

8,145

853

1985

73,613

34,592

39,021

64,438

26,455

37,983

9,175

8,137

1,038

1986

69,960

27,502

42,458

60,715

19,535

41,180

9,245

7,968

1,277

1987

72,107

25,497

46,610

62,939

17,754

45,185

9,168

7,743

1,425

1988

72,286

23,285

49,000

62,703

15,371

47,332

9,582

7,914

1,668

1989

76,925

21,960

54,965

67,088

13,942

53,146

9,837

8,018

1,819

1990

77,105

20,418

56,687

68,192

13,119

55,073

8,914

7,299

1,614

1991

89,215

27,726

61,489

80,343

20,539

59,804

8,872

7,187

1,684

1992

103,581

32,945

70,636

94,497

25,741

68,756

9,084

7,204

1,880

1993

127,683

49,672

78,011

118,040

42,103

75,937

9,643

7,569

2,074

Footnotes
  1. Includes single employer plans, plans of controlled groups of corporations, and multiple-employer noncollectively bargained plans.
  2. Includes multiemployer plans and multiple-employer collectively bargained plans.

Note: Includes both employer and employee contributions.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F17: Pension Plan Benefits of Plans by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$19,065

$12,903

$6,161

$16,559

$10,457

$6,102

$2,505

$2,446

$60

1976

20,980

13,994

6,986

18,008

11,101

6,907

2,972

2,893

79

1977

22,950

15,249

7,702

19,957

12,353

7,604

2,993

2,896

98

1978

26,516

17,661

8,855

23,333

14,485

8,748

3,283

3,176

108

1979

28,680

18,688

9,991

25,272

15,386

9,886

3,408

3,302

106

1980

35,280

22,148

13,132

31,485

18,524

12,961

3,795

3,624

171

1981

44,753

27,334

17,420

40,281

22,987

17,294

4,473

4,347

125

1982

55,307

33,875

21,432

50,219

28,957

21,263

5,088

4,918

170

1983

65,333

36,976

28,357

59,547

31,507

28,040

5,786

5,469

317

1984

79,086

46,513

32,573

72,510

40,269

32,241

6,576

6,244

332

1985

101,898

54,466

47,432

94,792

47,801

46,991

7,106

6,665

441

1986

130,483

67,974

62,509

122,613

60,612

62,000

7,870

7,361

579

1987

122,254

66,241

56,013

113,834

58,345

55,489

8,420

7,896

524

1988

118,645

60,450

58,195

109,446

51,910

57,535

9,200

8,540

660

1989

132,049

66,707

65,342

121,750

57,236

64,514

10,299

9,471

828

1990

129,405

66,363

63,042

118,227

56,079

62,147

11,178

10,284

894

1991

135,552

71,503

64,048

123,986

61,081

62,904

11,566

10,422

1,144

1992

152,441

77,853

74,588

139,247

66,287

72,960

13,194

11,566

1,628

1993

156,305

79,093

77,212

142,471

66,847

75,625

13,834

12,246

1,587

Footnotes
  1. 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.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F18: Pension Plan Benefits of Plans with Fewer than 100 Participants by type of plan, 1975-1993 (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(1)
Total

Single Employer Plans(1)
Defined Benefit

Single Employer Plans(1)
Defined Contribution

Multiemployer Plans(2)
Total

Multiemployer Plans(2)
Defined Benefit

Multiemployer Plans(2)
Defined Contribution

1975

$2,147

$886

$1,261

$2,143

$882

$1,261

$4

$4

$1

1976

2,407

931

1,476

2,395

921

1,474

12

10

2

1977

2,720

1,043

1,678

2,683

1,007

1,675

38

35

2

1978

3,387

1,292

2,095

3,356

1,271

2,085

31

21

10

1979

3,614

1,442

2,171

3,586

1,420

2,166

28

23

5

1980

5,123

2,076

3,047

5,086

2,044

3,042

37

32

5

1981

6,991

2,789

4,203

6,940

2,740

4,200

52

49

2

1982

10,736

5,782

4,954

10,679

5,736

4,943

56

46

10

1983

11,649

4,213

7,436

11,580

4,149

7,431

70

65

6

1984

14,311

6,290

8,021

14,237

6,225

8,012

74

65

9

1985

22,493

8,936

13,557

22,403

8,872

13,531

90

63

26

1986

38,484

14,730

24,527

38,355

14,604

23,749

129

125

5

1987

34,584

14,796

19,788

34,425

14,665

19,760

159

131

28

1988

33,718

12,069

21,649

33,657

12,018

21,639

61

51

10

1989

37,063

12,369

24,694

36,914

12,252

24,662

149

117

32

1990

34,238

10,798

23,439

34,098

10,737

23,361

139

61

78

1991

30,601

9,489

21,112

30,532

9,448

21,083

69

41

28

1992

30,763

7,929

22,834

30,720

7,912

22,808

43

17

26

1993

29,230

6,660

22,570

29,129

6,582

22,547

100

77

23

Footnotes
  1. 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.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F19: Pension Plan Benefits of Plans with 100 or More Participants by type of plan, 1975-1993(1) (amounts in millions)

Year

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer Plans(2)
Total

Single Employer Plans(2)
Defined Benefit

Single Employer Plans(2)
Defined Contribution

Multiemployer Plans(3)
Total

Multiemployer Plans(3)
Defined Benefit

Multiemployer Plans(3)
Defined Contribution

1975

$16,918

$12,017

$4,901

$14,416

$9,575

$4,841

$2,501

$2,442

$60

1976

18,573

13,063

5,510

15,613

10,180

5,433

2,960

2,883

77

1977

20,230

14,206

6,024

17,274

11,345

5,929

2,956

2,860

95

1978

23,129

16,369

6,760

19,877

13,214

6,663

3,252

3,155

97

1979

25,066

17,246

7,820

21,686

13,966

7,720

3,380

3,279

101

1980

30,157

20,072

10,085

26,399

16,480

9,919

3,758

3,592

166

1981

37,762

24,545

13,217

33,341

20,247

13,094

4,421

4,298

123

1982

44,571

28,093

16,478

39,540

23,221

16,319

5,032

4,872

160

1983

55,693

32,763

22,920

47,967

27,358

20,609

5,715

5,404

311

1984

64,775

40,223

24,552

58,273

34,044

24,229

6,502

6,179

322

1985

79,405

45,530

33,875

72,389

38,929

33,460

7,016

6,602

415

1986

91,999

53,244

38,754

84,258

46,008

38,250

7,741

7,236

504

1987

87,680

51,445

36,225

79,409

43,680

35,729

8,262

7,765

496

1988

84,926

48,381

36,546

75,787

39,892

35,896

9,139

8,489

650

1989

94,987

54,339

40,648

84,836

44,984

39,852

10,151

9,355

796

1990

95,167

55,564

39,603

84,128

45,342

38,786

11,039

10,222

816

1991

104,951

62,014

42,937

93,454

51,633

41,821

11,497

10,381

1,116

1992

121,678

69,924

51,755

108,527

58,374

50,153

13,151

11,549

1,602

1993

127,076

72,433

54,643

113,342

60,264

53,078

13,734

12,169

1,565

Footnotes
  1. 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.
  2. Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
  3. Includes multiemployer plans and multiple-employer collectively bargained plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F20: Percent Distribution of Vesting Status of Pension Plan Active Participants in Plans with 100 or More Participants, 1975-1993

Year

All Plans
Total

All Plans
Fully Vested

All Plans
Partially Vested

All Plans
Not Vested

Defined Benefit Plans
Total

Defined Benefit Plans
Fully Vested

Defined Benefit Plans
Partially Vested

Defined Benefit Plans
Not Vested

Defined Contribution Plans
Total

Defined Contribution Plans
Fully Vested

Defined Contribution Plans
Partially Vested

Defined Contribution Plans
Not Vested

1975

100

38

(1)

62

100

36

(1)

64

100

44

(1)

56

1977

100

46

12

43

100

40

6

55

100

59

24

17

1978

100

46

12

43

100

40

6

55

100

58

25

17

1979

100

46

12

42

100

40

6

54

100

58

25

17

1980

100

45

12

42

100

38

6

56

100

58

25

17

1981

100

46

13

41

100

40

6

55

100

58

25

17

1982

100

48

13

39

100

41

5

54

100

60

24

17

1983

100

53

12

35

100

43

5

52

100

65

21

14

1984

100

55

12

32

100

44

6

51

100

68

20

13

1985

100

57

12

31

100

44

5

51

100

69

19

12

1986

100

58

12

30

100

45

5

50

100

70

19

11

1987

100

58

12

30

100

46

5

49

100

69

19

12

1988

100

60

11

30

100

49

4

47

100

69

18

13

1989

100

65

9

26

100

58

2

40

100

71

14

14

1990

100

67

9

24

100

60

2

38

100

72

14

14

1991

100

67

9

24

100

61

2

37

100

71

14

15

1992

100

68

10

22

100

64

2

34

100

71

14

15

1993

100

69

10

21

100

66

2

32

100

72

14

14

Footnotes
  1. The percentage of partially vested participants is not available for 1975. These participants are included in the not vested category.

Note: Data not available for 1976.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F21: Percent Distribution of Vesting Status of Pension Plan Active Participants in Single Employer Plans with 100 or More Participants, 1975-1993

Year

All Plans
Total

All Plans
Fully Vested

All Plans
Partially Vested

All Plans
Not Vested

Defined Benefit Plans
Total

Defined Benefit Plans
Fully Vested

Defined Benefit Plans
Partially Vested

Defined Benefit Plans
Not Vested

Defined Contribution Plans
Total

Defined Contribution Plans
Fully Vested

Defined Contribution Plans
Partially Vested

Defined Contribution Plans
Not Vested

1975

100

39

(1)

61

100

38

(1)

62

100

43

(1)

57

1977

100

47

12

40

100

41

5

53

100

58

24

18

1978

100

47

12

40

100

41

5

53

100

57

25

18

1979

100

48

13

39

100

41

6

53

100

58

26

17

1980

100

47

14

39

100

40

6

54

100

58

25

17

1981

100

48

14

38

100

41

5

54

100

57

26

17

1982

100

49

14

36

100

42

5

53

100

59

25

17

1983

100

54

14

33

100

43

6

51

100

64

22

14

1984

100

56

14

30

100

44

6

50

100

67

20

13

1985

100

57

14

29

100

43

6

51

100

68

20

12

1986

100

58

14

28

100

44

6

50

100

70

19

11

1987

100

58

13

28

100

46

6

49

100

68

20

12

1988

100

60

12

28

100

50

4

46

100

68

19

13

1989

100

67

10

24

100

61

2

37

100

71

15

14

1990

100

68

9

23

100

62

2

36

100

72

14

14

1991

100

68

10

22

100

65

2

33

100

70

15

15

1992

100

69

10

21

100

67

2

32

100

70

15

15

1993

100

70

10

19

100

69

2

29

100

71

15

14

Footnotes
  1. The percentage of partially vested participants is not available for 1975. These participants are included in the not vested category.

Note: Data not available for 1976.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F22: Percent Distribution of Vesting Status of Pension Plan Active Participants in Multiemployer Plans with 100 or More Participants, 1975-1993

Year

All Plans
Total

All Plans
Fully Vested

All Plans
Partially Vested

All Plans
Not Vested

Defined Benefit Plans
Total

Defined Benefit Plans
Fully Vested

Defined Benefit Plans
Partially Vested

Defined Benefit Plans
Not Vested

Defined Contribution Plans
Total

Defined Contribution Plans
Fully Vested

Defined Contribution Plans
Partially Vested

Defined Contribution Plans
Not Vested

1975

100

34

(1)

66

100

31

(1)

69

100

83

(1)

17

1977

100

36

7

57

100

34

7

59

100

88

4

8

1978

100

37

7

56

100

34

7

59

100

90

4

7

1979

100

38

7

55

100

35

7

59

100

90

4

7

1980

100

35

6

59

100

32

6

63

100

78

3

19

1981

100

41

6

53

100

36

6

57

100

88

3

9

1982

100

42

4

53

100

38

4

58

100

82

3

15

1983

100

47

4

48

100

42

5

54

100

86

3

11

1984

100

48

5

47

100

42

6

52

100

87

2

12

1985

100

51

3

46

100

45

4

52

100

89

2

9

1986

100

53

3

44

100

46

3

51

100

88

2

10

1987

100

53

4

43

100

45

3

52

100

86

6

9

1988

100

55

3

42

100

46

3

52

100

89

2

8

1989

100

54

2

44

100

45

2

53

100

86

2

12

1990

100

57

2

41

100

48

3

50

100

87

2

11

1991

100

57

3

40

100

47

3

50

100

88

2

11

1992

100

59

3

37

100

50

4

46

100

84

2

14

1993

100

61

3

36

100

52

3

45

100

85

3

12

Footnotes
  1. The percentage of partially vested participants is not available for 1975. These participants are included in the not vested category.

Note: Data not available for 1976.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-1993 plan years.


Table F23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments, 1984-1993

Year

Number of Plans

Active Participants (thousands)

Assets (millions)

Contributions (millions)

Benefits (millions)

1984

17,303

7,540

$91,754

$16,291

$10,617

1985

29,869

10,339

143,939

24,322

16,399

1986

37,420

11,559

182,784

29,226

22,098

1987

45,054

13,131

215,477

33,185

22,215

1988

68,121

15,203

276,995

39,412

25,235

1989

83,301

17,337

357,015

46,081

30,875

1990

97,614

19,548

384,854

48,998

32,028

1991

111,394

19,126

440,259

51,533

32,734

1992

139,704

22,404

552,959

64,345

43,166

1993

154,527

23,138

616,316

69,322

44,206

Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-1993 plan years.


Figure F1. Number of Pension Plans, 1975-1993

Figure F1 - Number of Pension Plans, 1975-1993

Reference: Table F1.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.


Figure F2. Pension Plan Active Participants, 1975-1993

Figure F2 - Pension Plan Active Participants, 1975-1993

Reference: Table F8.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.


Figure F3. Pension Coverage of Wage and Salary Workers, 1975-1993

Figure F3 - Pension Coverage of Wage and Salary Workers, 1975-1993

Reference: Table F4.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.


Figure F4. Pension Plan Assets, 1975-1993

Figure F4 - Pension Plan Assets, 1975-1993

Reference: Table E11.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.

Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts. These funds equal 10 to 15 percent of pension assets.


Figure F5. Pension Plan Contributions and Benefits, 1975-1993

Figure F5 - Pension Plan Contributions and Benefits, 1975-1993

Reference: Table F14 and F17.

Source: Form 5500 Series Reports filed with the Internal Revenue Service for 1993 plan years.