1995 Private Pension Plan Bulletins Abstract of Form 5500 Annual Reports

Private Pension Plan Bulletin
Abstract of 1995 Form 5500 Annual Reports

U.S. Department of Labor
Pension and Welfare Benefits Administration
Office of Policy and Research
Number 8, Spring 1999

Introduction

This is the eighth edition of the Private Pension Plan Bulletin. The tabulations presented in this report contain final numbers based on 1995 Form 5500 filings. Reports for 1995 plan years were filed by plans for fiscal years ending anywhere from December 31, 1995 to December 30, 1996. The Internal Revenue Service (IRS) processed 1995 filings from August 1996 through July 1998.

Form 5500 reports are filed annually with the 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 universe for this Bulletin consists of all private pension plans for which a Form 5500 or Form 5500 C/R has been filed with the IRS in accordance with Title I of the Employee Retirement Income Security Act of 1974 (ERISA). Such plans may be defined benefit or defined contribution plans. They generally cover private wage and salary employees and are sponsored either by employers or jointly by employers and unions.

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, data on all 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.

Key findings from the 1995 filings are summarized in the Highlights on pages 2 and 3. The tabulations are organized into five sections. 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 historical data from 1975 to 1995. The organization of this Bulletin is similar to the previous edition with the exception of additional figures in Sections B, C and E, and additional tables in Section E on aggregate rates of return of ESOPs and 401(k) type plans.

This publication was prepared by Richard Hinz, Helen Lawrence, David McCarthy, Deloris Penic-Stevens and Daniel Beller of the Office of Policy and Research. The editors wish to acknowledge Steve Donahue and Phyllis Fernandez for valuable technical support. Although this Bulletin is not copyrighted, proper acknowledgment would be appreciated. The recommended citation is:

United States Department of Labor, Pension and Welfare Benefits Administration. Abstract of 1995 Form 5500 Annual Reports. Private Pension Plan Bulletin No. 8, Spring 1999. Washington, DC: United States Government Printing Office, 1999.


Contents

  • Section A: Summary
    • Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
    • Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1995
    • Table A3: Balance Sheet of Pension Plans by type of plan, 1995
    • Table A4: Income Statement of Pension Plans by type of plan, 1995
    • Table A5: Amount of Assets in Pension Plans by type of plan and method of funding, 1995
    • Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1995
    • Figure A1: Distribution of Pension Plans and Participants by type of plan, 1995
    • Figure A2: Active Participants in Pension Plans by vesting status and type of plan, 1995
    • Figure A3: Investment of Assets and Payment of Benefits by method of funding, 1995
  • Section B: Plans and Participants
    • Table B1: Distribution of Pension Plans by number of participants, 1995
    • Table B2: Distribution of Pension Plans by amount of Assets, 1995
    • Table B3: Distribution of Pension Plans by industry, 1995
    • Table B4: Distribution of Participants by number of participants, 1995
    • Table B5: Distribution of Participants by amount of Assets, 1995
    • Table B6: Distribution of Participants by industry, 1995
    • Table B7: Distribution of Active Participants by type of plan, 1995
    • Table B8: Number of Plans by type of plan and method of funding, 1995
    • Table B9: Number of Participants by type of plan and method of funding, 1995
    • Table B10: Number of Plans by date of establishment and type of plan, 1995
    • Table B11: Average Number of Participants in Pension Plans by date of establishment and type of plan, 1995
    • Figure B: Plans Established Each Year and Still in Existence in 1995
  • Section C: Financial
    • Table C1: Distribution of Assets by number of participants, 1995
    • Table C2: Distribution of Assets by asset size, 1995
    • Table C3: Distribution of Assets by industry, 1995
    • Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1995
    • Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995
    • Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995
    • Table C7: Percentage Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1995
    • Table C8: Percentage Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1995
    • Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1995
    • Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995
    • Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995
    • Table C12: Percentage Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1995
    • Table C13: Percentage Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1995
    • Figure C: Average Assets per Participant by plan size, 1995
  • Section D: Defined Contribution Plans
    • Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1995
    • Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1995
    • Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
    • Table D4: Number of 401(k) Type Plans by number of participants and primary or supplemental status, 1995
    • Table D5: Number of Active Participants in 401(k) Type Plans by number of participants and primary or supplemental status, 1995
    • Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants 1995
    • Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants 1995
    • Table D8: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995
    • Table D9: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1995
    • Table D10: Balance Sheet of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995
    • Table D11: Income Statement of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995
    • Table D12: Number of Employer Stock Ownership Plans (ESOPs) by number of participants and primary or supplemental status, 1995
    • Figure D: Number of 401(k) Plans 1984-95
  • Section E: Historical Tables
    • Table E1: Number of Pension Plans by type of plan, 1975-95
    • Table E2: Number of Pension Plans with Fewer than 100 Participants by type of plan, 1975-95
    • Table E3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-95
    • Table E4: Estimated Private Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans 1975-95
    • Table E5: Number of Participants in Pension Plans by type of plan, 1975-95
    • Table E6: Number of Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-95
    • Table E7: Number of Participants in Pension Plans with 100 or More Participants by type of plan, 1975-95
    • Table E8: Number of Active Participants in Pension Plans by type of plan, 1975-95
    • Table E9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-95
    • Table E10: Number of Active Participants in Pension Plans with 100 or more Participants by type of plan, 1975-95
    • Table E11: Pension Plan Assets by type of plan, 1975-95
    • Table E12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-95
    • Table E13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-95
    • Table E14: Pension Plan Contributions by type of plan, 1975-95
    • Table E15: Pension Plan Contributions of Plans with Fewer than 100 Participants by type of plan, 1975-95
    • Table E16: Pension Plan Contributions of Plans with 100 or More Participants by type of plan, 1975-95
    • Table E17: Pension Plan Benefits Disbursed by type of plan, 1975-95
    • Table E18: Pension Plan Benefits Disbursed from Plans with Fewer than 100 Participants by type of plan, 1975-95
    • Table E19: Pension Plan Benefits Disbursed from Plans with 100 or More Participants by type of plan, 1975-95
    • Table E20: Percentage Distribution of Active Participants in Plans with 100 or More Participants by vesting status, 1975-95
    • Table E21: Percentage Distribution of Active Participants in Single Employer Plans with 100 or More Participants by vesting status, 1975-95
    • Table E22: Percentage Distribution of Active Participants in Multiemployer Plans with 100 or More Participants by vesting status, 1975-95
    • Table E23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments 1984-95
    • Table E24: Aggregate Rates of Return Earned by Private Pension Plans with 100 or More Participants 1985-95
    • Table E25: Aggregate Investment Performance of Private Pension Plans with 100 or More Participants 1985-95
    • Table E26: Aggregate Rates of Return Earned by Employee Stock Ownership Plans (ESOPs) and 401(k) Plans with 100 or More Participants 1990-95
    • Figure E1: Number of Pension Plans 1975-95
    • Figure E2: Pension Plan Active Participants 1975-95
    • Figure E3: Pension Coverage of Wage and Salary Workers 1975-95
    • Figure E4: Pension Plan Assets 1975-95
    • Figure E5: Pension Plan Contributions and Benefits 1975-95
    • Figure E6: Rates of Return by type of plan, 1985-95
    • Figure E7: Rates of Return for Single and Multiemployer Plans 1985-95
    • Figure E8: Rates of Return for 401(k) Type Plans 1990-95
    • Figure E9: Rates of Return for ESOPs 1990-95
    • Figure E10: Assets Per Participant by type of plan, 1975-95
    • Figure E11: Participants Per Plan by type of plan, 1975-95
    • Figure E12: Distribution of Pension Plans, Participants, and Assets by plan size, 1995

Highlights from the 1995 Form 5500 Reports

Assets held by private pension plans in 1995 totaled $2.7 trillion, an 18% increase from the $2.3 trillion reported in 1994. Defined contribution (DC) plan Assets increased 22% in 1995 to $1.3 trillion while defined benefit (DB) plan Assets increased 16% to $1.4 trillion. Defined contribution plans achieved a 20% aggregate rate of return (investment earnings and appreciation) in 1995, with additional asset growth arising from a positive cash flow of $17.3 billion (contributions minus benefit payout and administrative expenses). Defined benefit plans had a 21% aggregate rate of return in 1995, but achieved a lower overall rate of increase in total Assets because of a negative cash flow of -$48.9 billion.

The 22% increase in DC plan Assets was lead by a 28% increase in Assets held by 401(k) type plans, from $675 billion in 1994 to $863 billion in 1995. Assets held in non-401(k) type DC plans increased 11% from $413 billion in 1994 to $458 billion in 1995.

In addition to the increase in 401(k) type plan Assets, the number of 401(k) type plans and plan participants also grew at a strong rate, with the plan count increasing by 15% to 201,000, and the active participant count increasing by 11% to 28.1 million. The increase in 401(k) type plans resulted not only from the establishment of new plans, but also from the amendment of existing defined contribution plans to include a cash or deferred arrangement.

Other findings from the Form 5500 series reports filed for 1995 plan years are summarized below:

  • The number of private pension plans filing Form 5500 reports in 1995 was 693,400, a slight increase from the 690,300 plan count in 1994.
  • The number of DB plans decreased by 7% to 69,500, while the number of DC plans increased by 1% to 623,900. The number of DB plans has decreased each year since 1986 and the 1995 count is only 40% of the peak total of 175,100 plans in 1983.
  • Total active participants in private pension plans increased by 2% from 65.0 million in 1994 to 66.2 million in 1995. The long term patterns of decreases in DB plan active participants and increases in DC plan active participants continued in 1995, with DB plan active participants decreasing by 4% to 23.5 million and DC plan active participants increasing by 6% to 42.7 million.
  • Growth in pension plan participation under new plans is heavily concentrated in 401(k) type plans. Based on data from plans filing a 1995 5500 report, a total of 209,000 plans covering 11.7 million participants had establishment dates of 1990 through 1995. Only 4% of these plans, covering 14% of the participants, were DB plans, while 47% of the plans, covering 66% of the participants, were 401(k) type plans. The remaining 49% of the new plans, covering 20% of the participants, were non-401(k) type DC plans.
  • The median age of plans in 1995 was 17 years for DB plans, 6 years for 401(k) type DC plans, and 10 years for non-401(k) type plans.
  • In 1995, an estimated 81% of all private wage and salary workers with pension coverage participated in either a primary or supplemental DC plan and 51% participated in a DB plan. This is a strong reversal from 1975 when only 32% of pension covered workers were enrolled in DC plans and 87% were in DB plans.
  • DB plans are most common among large firms while DC plans are popular among firms of all sizes. The average number of participants per DB plan in 1995 was 632, with 87% of all DB plan participants in plans with 1,000 or more participants, and 56% in plans with 10,000 or more participants. The average number of participants in DC plans was 76, with 60% of DC plan participants in plans with 1,000 or more participants and 30% in plans with 10,000 or more participants.
  • An estimated 60% of all pension covered workers (and over 25% of all private wage and salary workers) were in 401(k) type plans in 1995, with 26% participating only in a 401(k) type plan and 34% also participating in another pension plan, most commonly a DB plan.
  • Benefit payments from plans to retirees, survivors, and terminating employees increased by 12% in 1995 to $183.0 billion. Benefits paid out by DB plans increased by 3% to $85.1 billion and benefit payments from DC plans increased 20% to $97.9 billion.
  • Total plan contributions increased 10% from $144.3 billion in 1994 to $158.8 billion in 1995.
  • Contributions to DB plans increased by 6% from $39.0 billion in 1994 to $41.4 billion in 1995. Defined contribution plans received $117.4 billion in contributions during 1995, an 11% increase over the $105.3 billion received in 1994.
  • The percentage of total DC contributions made by plan participants has been steadily increasing over the last decade and in 1995 was 6% higher than employer contributions to DC plans.

Section A: Summary

Table A1: Number of Pension Plans, Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995

 

Type of Plan

Number of Plans(1)

Total Participants (thousands)(2)

Active Participants (thousands)(3)

Total Assets (millions)(4)

Total Contributions (millions)(5)

Total Benefits (millions)(6)

Total

693,404

87,452

66,193

$2,723,735

$158,832

$183,025

Defined benefit

69,492

39,736

23,531

1,402,079

41,423

85,134

Defined contribution

623,912

47,716

42,662

1,321,657

117,409

97,892

Profit sharing and thrift-savings

482,789

38,009

34,131

1,094,592

100,284

81,891

Stock bonus

4,799

3,578

3,152

85,996

6,660

5,968

Target benefit

7,018

160

151

5,056

374

524

Money purchase

107,816

4,774

4,201

117,827

8,832

8,182

Annuity-403(b)(1)

13,823

100

95

666

86

70

Custodial account-403(b)(7)

1,342

12

11

215

30

10

IRAs or annuities (Code 408)

1,205

33

29

728

54

47

Other defined contribution

5,122

1,051

892

16,577

1,090

1,200

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. Active participants include any workers currently in employment covered by a plan and who are earning or retaining credited service under a plan. Active participants also include nonvested former employees who have not yet incurred a break in service.
  4. Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded funds make up roughly 10 to 15 percent of total pension fund Assets.
  5. Includes both employer and employee contributions.
  6. Amounts shown include both benefits paid directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table A2: Number of Participants in Pension Plans by type of plan entity, type of plan, and type of participant, 1995 (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

87,452

39,736

47,716

76,969

31,341

45,629

10,483

8,395

2,088

Active Participants(3)

66,193

23,531

42,662

59,894

19,005

40,889

6,299

4,525

1,773

Fully vested

45,744

15,953

29,791

41,765

13,552

28,213

3,979

2,401

1,578

Partially vested

6,539

371

6,168

6,397

264

6,134

142

107

35

Nonvested

13,908

7,206

6,702

11,731

5,189

6,542

2,177

2,017

160

Retired or separated participants receiving benefits

8,859

8,470

389

6,635

6,272

363

2,224

2,198

26

Separated participants with vested right to benefits

12,401

7,735

4,666

10,441

6,064

4,377

1,961

1,672

289

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. 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 (i.e., single, multiemployer, defined benefit, defined contribution).

Note: Excludes plans covering only one participant.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table A3: Balance Sheet of Pension Plans by type of plan, 1995 (amounts in millions)

 

Type of Asset or Liability

Total

Defined Benefit

Defined Contribution

Cash

$90,020

$29,254

$60,766

Receivables

55,716

25,391

30,325

Corporate debt and equity instruments

726,698

318,484

408,214

U.S. Government securities

166,871

114,088

52,782

Real estate and mortgages (other than to participants)

17,559

11,052

6,507

Mortgage loans to participants

1,007

108

899

Other loans to participants

20,718

201

20,518

Other investments and Assets

1,644,726

903,264

741,462

Buildings and other property used in plan operations

420

237

183

Total Assets

2,723,735

1,402,079

1,321,657

Payables

16,003

5,546

10,457

Acquisition indebtedness

17,125

513

16,613

Other liabilities

25,363

11,957

13,405

Total Liabilities

58,491

18,016

40,474

Net Assets

2,665,245

1,384,062

1,281,182

Note: Total asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded 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 plan years beginning in 1995.


Table A4: Income Statement of Pension Plans by type of plan, 1995 (amounts in millions)

 

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$94,115

$40,363

$53,751

Participants

58,563

568

57,996

Others

5,094

426

4,668

Noncash contributions

1,062

65

996

Total contributions

158,832

41,423

117,409

Investment earnings(1)

48,701

23,687

25,014

Net gain (loss) on sale of Assets

38,129

24,267

13,862

Other or unspecified income(2)

379,967

205,106

174,861

Total Income

625,628

294,483

331,146

Expenses

Benefit payments and payments to provide benefits

Direct benefits

174,654

80,745

93,909

Other benefits

8,371

4,389

3,983

Total payments

183,025

85,134

97,892

Total administrative expenses

7,430

5,216

2,215

Other or unspecified expenses

4,662

345

4,316

Total Expenses

195,117

90,695

104,423

Net Income

430,511

203,788

226,723

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 plan years beginning in 1995.


Table A5: Amount of Assets in Pension Plans by type of plan and method of funding, 1995 (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

$2,723,735

$1,402,079

$1,321,657

$2,458,153

$1,163,416

$1,294,737

$265,582

$238,663

$26,920

Trust

1,673,256

870,724

802,533

1,527,090

741,244

785,846

146,166

129,479

16,687

Insurance

6,646

4,198

2,448

6,511

4,091

2,420

136

107

28

Trust and insurance

1,043,712

527,153

516,559

924,432

418,077

506,355

119,280

109,076

10,204

Other

121

4

117

121

4

117

0

0

0

Funding arrangement for payment of benefits

Total

$2,723,735

$1,402,079

$1,321,657

$2,458,153

$1,163,416

$1,294,737

$265,582

$238,663

$26,920

Trust

1,648,658

782,093

866,565

1,536,861

681,927

854,934

111,797

100,166

11,631

Insurance

67,038

36,610

30,428

65,052

35,128

29,923

1,986

1,481

505

Trust and insurance

985,420

575,601

409,819

833,669

438,590

395,079

151,751

137,011

14,740

Other

22,619

7,775

14,844

22,571

7,771

14,800

48

4

44

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 assest amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded 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 plan years beginning in 1995.


Table A6: Collective Bargaining Status of Pension Plans, Participants, and Assets by type of plan, 1995

 

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

693,404

87,452

$2,723,735

69,492

39,736

$1,402,079

623,912

47,716

$1,321,657

Collectively bargained plans

17,081

27,098

933,823

8,781

18,903

727,805

8,300

8,196

206,018

Noncollectively bargained plans

676,323

60,354

1,789,912

60,711

20,833

674,274

615,612

39,521

1,115,638

Footnotes
  1. Asset amounts shown exclude funds held by life insurance companies under allocated insurance contracts for payment of retirement benefits. These excluded funds make up roughly 10 to 15 percent of total 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 plan years beginning in 1995.


Figure A1. Distribution of Pension Plans and Participants by type of plan, 1995

Figure A1 - Distribution of Pension Plans and Participants by type of plan, 1995

Reference: Table A1.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Figure A2. Active Participants in Pension Plans by vesting status and type of plan, 1995

Figure A2 - Active Participants in Pension Plans by vesting status and type of plan, 1995

Reference: Table A2.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Figure A3. Investment of Assets and Payment of Benefits by method of funding, 1995

Figure A3 - Investment of Assets and Payment of Benefits by method of funding, 1995

Reference: Table A5.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Section B: Plans and Participants

Table B1: Distribution of Pension Plans by number of participants, 1995

 

Number of Participants

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

693,404

69,492

623,912

690,265

67,682

622,584

3,139

1,810

1,328

None or not reported

53,019

6,636

46,384

52,906

6,579

46,326

114

56

58

2-9

319,518

24,236

295,283

319,518

24,236

295,283

-

-

-

10-24

137,623

9,454

128,169

137,598

9,454

128,144

25

-

25

25-49

75,028

6,025

69,003

74,993

6,023

68,970

35

2

33

50-99

45,928

6,055

39,873

45,765

6,018

39,746

163

36

127

100-249

30,315

5,583

24,731

29,896

5,367

24,529

419

216

203

250-499

13,220

3,677

9,544

12,702

3,385

9,318

518

292

226

500-999

7,833

2,808

5,025

7,224

2,449

4,775

609

359

250

1,000-2,499

6,052

2,612

3,439

5,419

2,218

3,200

633

394

239

2,500-4,999

2,357

1,087

1,270

2,062

891

1,171

295

196

99

5,000-9,999

1,345

676

670

1,184

556

629

161

120

41

10,000-19,999

651

345

306

564

274

290

87

71

16

20,000-49,999

362

199

163

313

158

155

49

41

8

50,000 or more

152

100

52

121

73

48

31

27

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 plan years beginning in 1995.


Table B2: Distribution of Pension Plans by amount of Assets, 1995

 

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

693,404

69,492

623,912

690,265

67,682

622,584

3,139

1,810

1,328

None or not reported

82,667

17,849

64,818

82,561

17,800

64,761

107

49

58

$1-24K

38,444

400

38,044

38,430

393

38,037

14

7

7

25-49K

36,137

972

35,165

36,126

972

35,154

11

-

11

50-99K

57,100

2,139

54,961

57,085

2,137

54,948

15

2

13

100-249K

126,858

7,005

119,853

126,808

7,000

119,808

50

5

45

250-499K

118,657

8,268

110,389

118,625

8,258

110,367

32

10

22

500-999K

99,569

10,441

89,128

99,483

10,426

89,057

86

15

71

1-2.4M

76,900

8,681

68,219

76,637

8,614

68,023

263

67

196

2.5-4.9M

26,446

3,897

22,548

26,022

3,742

22,280

423

155

268

5-9.9M

12,980

2,760

10,220

12,570

2,544

10,026

410

216

194

10-24.9M

8,866

2,900

5,966

8,278

2,519

5,759

588

381

207

25-49.9M

3,642

1,533

2,109

3,230

1,240

1,990

412

293

119

50-74.9M

1,411

691

720

1,226

547

679

185

144

41

75-99.9M

780

377

403

670

288

382

110

89

21

100-149.9M

813

389

424

689

288

401

124

101

23

150-199.9M

451

247

204

375

186

189

76

61

15

200-249.9M

290

147

143

243

103

140

47

44

3

250-499.9M

645

359

286

553

277

276

92

82

10

500-999.9M

391

230

161

334

178

156

57

52

5

1-2.49B

245

133

112

219

107

112

26

26

-

2.5B or more

112

73

39

101

62

39

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.

Notes: Excludes plans covering only one participant. The letters K, M, and B denote thousands, millions, and billions, respectively.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table B3: Distribution of Pension Plans by industry, 1995

 

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

693,404

69,492

623,912

690,265

67,682

622,584

3,139

1,810

1,328

Agriculture

13,026

2,349

10,677

13,017

2,343

10,674

9

6

3

Mining

3,874

537

3,337

3,867

532

3,335

7

5

2

Construction

44,147

3,434

40,714

42,220

2,441

39,780

1,927

993

934

Manufacturing

89,261

14,811

74,450

88,968

14,587

74,381

293

224

69

Transportation

10,232

1,058

9,174

10,021

897

9,123

211

160

51

Communications and utilities

7,825

1,599

6,225

7,809

1,592

6,216

16

7

9

Wholesale trade

47,168

4,209

42,959

47,093

4,154

42,939

76

55

21

Retail trade

55,751

3,109

52,642

55,618

2,998

52,620

133

111

22

Finance, insurance and real estate

48,897

6,884

42,013

48,887

6,877

42,010

10

7

3

Services

324,058

19,446

304,611

323,609

19,207

304,402

449

239

210

Tax-exempt organizations

43,053

11,551

31,502

43,048

11,550

31,498

5

1

4

Industry not reported

6,113

506

5,607

6,110

504

5,606

3

2

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 plan years beginning in 1995.


Table B4: Distribution of Participants by number of participants, 1995 (numbers in thousands)

 

Number of Participants

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

87,452

39,736

47,716

76,969

31,341

45,629

10,483

8,395

2,088

2-9

1,343

104

1,239

1,343

104

1,239

-

-

-

10-24

2,001

145

1,856

2,001

145

1,856

1

-

1

25-49

2,451

207

2,244

2,450

207

2,243

1

0

1

50-99

3,489

435

3,055

3,477

432

3,045

12

3

10

100-249

4,667

912

3,755

4,595

874

3,721

72

38

34

250-499

4,602

1,302

3,300

4,412

1,193

3,219

190

109

81

500-999

5,479

1,982

3,497

5,044

1,725

3,320

434

257

177

1,000-2,499

9,330

4,072

5,258

8,324

3,441

4,883

1,006

631

375

2,500-4,999

8,084

3,762

4,322

7,041

3,069

3,972

1,043

693

351

5,000-9,999

9,394

4,724

4,670

8,288

3,893

4,396

1,106

831

275

10,000-19,999

9,115

4,878

4,237

7,895

3,892

4,003

1,220

986

234

20,000-49,999

11,290

6,130

5,161

9,703

4,828

4,875

1,587

1,302

286

50,000 or more

16,207

11,083

5,123

12,396

7,538

4,858

3,810

3,545

265

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 plan years beginning in 1995.


Table B5: Distribution of Participants by amount of Assets, 1995 (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

87,452

39,736

47,716

76,969

31,341

45,629

10,483

8,395

2,088

None or not reported

2,305

789

1,516

2,301

787

1,514

4

2

3

$1-24K

335

12

323

333

11

322

2

1

1

25-49K

369

16

353

367

16

351

2

-

2

50-99K

678

28

650

671

27

644

7

1

7

100-249K

1,838

117

1,721

1,830

116

1,713

8

1

8

250-499K

2,334

197

2,137

2,316

193

2,123

18

4

14

500-999K

3,137

402

2,735

3,100

399

2,701

37

3

34

1-2.4M

5,040

857

4,183

4,928

830

4,098

113

27

86

2.5-4.9M

4,093

952

3,140

3,923

900

3,023

169

53

117

5-9.9M

4,584

1,372

3,212

4,289

1,243

3,046

295

129

166

10-24.9M

7,147

2,877

4,271

6,471

2,521

3,950

676

355

321

25-49.9M

6,146

2,726

3,420

5,445

2,310

3,135

701

417

285

50-74.9M

3,821

1,932

1,889

3,314

1,604

1,710

507

328

179

75-99.9M

2,635

1,347

1,288

2,264

1,116

1,148

371

230

141

100-149.9M

3,787

1,776

2,011

3,170

1,405

1,764

618

371

247

150-199.9M

2,769

1,483

1,286

2,280

1,126

1,153

489

356

132

200-249.9M

2,322

1,242

1,080

1,842

803

1,038

481

439

42

250-499.9M

6,990

3,906

3,084

5,921

2,983

2,938

1,069

923

146

500-999.9M

7,894

4,820

3,074

6,186

3,272

2,914

1,708

1,548

160

1-2.49B

8,954

4,897

4,057

7,841

3,784

4,057

1,113

1,113

-

2.5B or more

10,273

7,986

2,287

8,179

5,892

2,287

2,094

2,094

-

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.

Notes: Excludes plans covering only one participant. The letters K, M, and B denote thousands, millions, and billions, respectively.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table B6: Distribution of Participants by industry, 1995 (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

87,452

39,736

47,716

76,969

31,341

45,629

10,483

8,395

2,088

Agriculture

463

205

258

447

191

257

16

14

2

Mining

889

485

405

734

336

398

155

149

6

Construction

5,371

2,930

2,441

1,338

168

1,170

4,032

2,762

1,270

Manufacturing

32,458

16,960

15,498

31,110

15,799

15,311

1,347

1,161

186

Transportation

4,508

2,353

2,155

3,043

992

2,051

1,465

1,361

104

Communications and utilities

5,068

2,511

2,556

5,015

2,470

2,545

52

41

11

Wholesale trade

2,996

943

2,053

2,727

685

2,042

269

258

11

Retail trade

8,916

3,431

5,485

7,517

2,168

5,350

1,398

1,263

135

Finance, insurance and real estate

8,994

3,908

5,086

8,960

3,882

5,078

34

26

8

Services

15,430

4,919

10,511

13,722

3,562

10,160

1,708

1,357

351

Tax-exempt organizations

2,109

1,040

1,069

2,106

1,038

1,067

3

1

2

Industry not reported

251

51

199

249

50

199

1

1

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 plan years beginning in 1995.


Table B7: Distribution of Active Participants by type of plan, 1995(1) (numbers in thousands)

 

Type of Plan

Total Plans

Single Employer Plans(2)

Multiemployer Plans(3)

Total

66,193

59,894

6,299

Defined benefit

23,531

19,005

4,525

Defined contribution

42,662

40,889

1,773

Profit sharing and thrift-savings

34,131

33,873

259

Stock bonus

3,152

3,152

0

Target benefit

151

147

3

Money purchase

4,201

2,829

1,372

Annuity - 403(b)(1)

95

82

12

Custodial account - 403(b)(7)

11

11

-

IRAs or annuities (Code 408)

29

26

3

Other defined contribution

892

768

123

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 plan years beginning in 1995.


Table B8: Number of Plans by type of plan and method of funding, 1995

 

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

693,404

69,492

623,912

690,265

67,682

622,584

3,139

1,810

1,328

Trust

474,942

38,485

436,458

472,767

37,249

435,518

2,175

1,235

940

Insurance

12,867

2,910

9,957

12,843

2,898

9,945

24

12

12

Trust and insurance

166,034

17,660

148,373

165,129

17,098

148,031

905

562

343

Other

39,561

10,437

29,124

39,526

10,436

29,090

35

1

34

Funding arrangement for payment of benefits

Total

693,404

69,492

623,912

690,265

67,682

622,584

3,139

1,810

1,328

Trust

468,082

38,099

429,983

466,826

37,384

429,442

1,256

714

542

Insurance

46,731

7,744

38,986

46,580

7,669

38,911

150

75

75

Trust and insurance

124,146

12,865

111,281

122,458

11,848

110,610

1,687

1,017

670

Other

54,446

10,784

43,662

54,401

10,780

43,621

45

4

41

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 plan years beginning in 1995.


Table B9: Number of Participants by type of plan and method of funding, 1995 (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

87,452

39,736

47,716

76,969

31,341

45,629

10,483

8,395

2,088

Trust

53,875

24,917

28,959

47,652

20,166

27,486

6,223

4,750

1,473

Insurance

643

330

313

633

325

308

10

5

5

Trust and insurance

31,111

13,844

17,267

26,861

10,205

16,657

4,250

3,640

610

Other

1,823

645

1,178

1,823

645

1,178

(3)

(3)

0

Funding arrangement for payment of benefits

Total

87,452

39,736

47,716

76,969

31,341

45,629

10,483

8,395

2,088

Trust

52,613

22,790

29,823

48,328

19,377

28,951

4,285

3,413

872

Insurance

3,424

1,457

1,967

3,318

1,384

1,934

106

72

33

Trust and insurance

29,214

14,733

14,481

23,128

9,825

13,303

6,086

4,908

1,178

Other

2,201

756

1,445

2,195

754

1,441

6

1

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.
  3. Less than 1,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table B10: Number of Plans by date of establishment and type of plan, 1995

 

Date of Establishment

Type of Plan
Total
Number of Plans

Type of Plan
Total
Number of Participants (thousands)

Type of Plan
Defined Benefit
Number of Plans

Type of Plan
Defined Benefit
Number of Participants (thousands)

Type of Plan
401(k)
Number of Plans

Type of Plan
401(k)
Number of Participants (thousands)

Type of Plan
Other Defined Contributions
Number of Plans

Type of Plan
Other Defined Contributions
Number of Participants (thousands)

Total

693,404

87,452

69,492

39,736

200,813

31,385

423,009

16,331

Prior to 1950

7,405

9,384

4,475

8,532

293

467

2,638

385

1950-1954

3,243

5,526

1,961

4,493

451

726

831

306

1955-1959

6,069

6,768

2,867

5,190

918

1,133

2,284

445

1960-1964

11,570

5,396

5,410

3,713

1,846

934

4,313

750

1965-1969

25,773

7,302

6,764

4,448

4,203

1,887

14,806

967

1970-1974

49,650

7,031

7,893

3,370

6,880

1,926

34,877

1,735

1975-1979

78,968

7,436

7,799

2,469

9,439

2,355

61,731

2,612

1980-1984

110,938

11,475

12,126

2,889

18,965

5,513

79,847

3,073

1985-1989

186,562

15,295

11,710

2,891

59,182

8,698

115,670

3,706

1990-1994

159,501

9,630

6,798

1,428

69,564

6,162

83,140

2,040

1995

49,925

2,040

1,576

216

28,243

1,519

20,106

305

Date Not Specified

3,799

169

114

97

831

65

2,855

7

Median Age of Plan

9

-

17

-

6

-

10

-

Note: This table indicates the date of establishment for plans filing a 1995 Form 5500 series report. It does not indicate the actual number of plans established in each period because plans which terminated or merged prior to 1995 and stopped filing Form 5500 are not counted in the numbers.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table B11: Average Number of Participants in Pension Plans by date of establishment and type of plan, 1995

 

Date of Establishment

Type of Plan
Total Plans

Type of Plan
Defined Benefit

Type of Plan
401(k)

Type of Plan
Other Defined Contribution

Total

137

632

161

43

Prior to 1950

1,433

2,021

1,805

186

1950-1954

1,834

2,420

1,658

426

1955-1959

1,213

1,910

1,275

225

1960-1964

508

725

521

202

1965-1969

312

717

458

74

1970-1974

155

467

286

55

1975-1979

102

353

257

46

1980-1984

113

278

301

42

1985-1989

88

285

152

35

1990-1994

65

225

92

27

1995

42

139

54

16

Note: Excludes plans with no participants reported.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Figure B. Plans Established Each Year and Still in Existence in 1995

Figure B - Plans Established Each Year and Still in Existence in 1995

Source: Form 5500 series reports filed with the Internal Revenue Service for the 1995 plan year.


Section C: Financial

Table C1: Distribution of Assets by number of participants, 1995 (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

Total

$2,723,735

$1,402,079

$1,321,657

$2,458,153

$1,163,416

$1,294,737

$265,582

$238,663

$26,920

None or not reported

2,588

644

1,944

2,432

512

1,920

156

132

23

2-9

112,588

10,829

101,759

112,588

10,829

101,759

-

-

-

10-24

81,109

4,042

77,066

81,104

4,042

77,061

5

-

5

25-49

62,154

3,749

58,405

62,107

3,748

58,358

47

(3)

47

50-99

65,313

7,192

58,121

64,836

7,079

57,757

477

113

365

100-249

91,593

17,161

74,431

89,635

15,906

73,730

1,957

1,256

702

250-499

86,313

26,331

59,982

81,080

22,470

58,609

5,234

3,861

1,373

500-999

112,829

43,793

69,036

100,596

34,582

66,014

12,233

9,210

3,023

1,000-2,499

212,349

100,993

111,356

184,341

78,917

105,424

28,007

22,076

5,932

2,500-4,999

209,525

107,152

102,373

179,039

82,885

96,154

30,487

24,267

6,219

5,000-9,999

270,516

144,591

125,925

240,454

116,903

123,551

30,062

27,688

2,374

10,000-19,999

311,810

178,788

133,022

277,132

147,556

129,577

34,677

31,233

3,445

20,000-49,999

454,059

235,148

218,911

415,285

199,325

215,960

38,774

35,823

2,951

50,000 or more

650,991

521,665

129,325

567,525

438,662

128,864

83,466

83,004

462

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.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C2: Distribution of Assets by asset size, 1995 (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

Total

$2,723,735

$1,402,079

$1,321,657

$2,458,153

$1,163,416

$1,294,737

$265,582

$238,663

$26,920

$1-24K

516

6

510

516

6

510

(3)

(3)

(3)

25-49K

1,329

36

1,293

1,329

36

1,293

(3)

-

(3)

50-99K

4,206

157

4,049

4,204

157

4,048

1

(3)

1

100-249K

21,294

1,206

20,088

21,284

1,205

20,079

9

1

9

250-499K

42,842

3,074

39,768

42,830

3,070

39,760

11

4

8

500-999K

70,384

7,540

62,844

70,320

7,529

62,790

64

11

53

1-2.4M

118,529

13,576

104,953

118,061

13,461

104,600

468

115

353

2.5-4.9M

91,275

13,664

77,611

89,816

13,113

76,702

1,459

551

909

5-9.9M

89,768

19,572

70,196

86,729

17,961

68,768

3,039

1,611

1,428

10-24.9M

136,753

46,825

89,927

127,036

40,442

86,595

9,716

6,384

3,333

25-49.9M

128,431

54,499

73,932

113,608

44,027

69,581

14,823

10,472

4,350

50-74.9M

86,359

42,330

44,029

74,863

33,389

41,473

11,496

8,941

2,556

75-99.9M

67,526

32,650

34,876

58,037

24,998

33,039

9,489

7,652

1,837

100-149.9M

99,842

47,789

52,053

84,555

35,202

49,353

15,287

12,587

2,699

150-199.9M

77,816

42,661

35,155

64,879

32,266

32,612

12,937

10,395

2,542

200-249.9M

64,857

32,860

31,997

54,344

23,027

31,317

10,513

9,834

679

250-499.9M

225,829

127,019

98,810

195,746

100,072

95,674

30,083

26,947

3,136

500-999.9M

276,645

164,674

111,970

235,452

126,507

108,945

41,192

38,167

3,025

1-2.49B

379,972

207,771

172,201

340,793

168,592

172,201

39,180

39,180

-

2.5B or more

739,640

544,231

195,409

673,828

478,419

195,409

65,812

65,812

-

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: Excludes plans covering only one participant. The letters K, M, and B denote thousands, millions, and billions, respectively.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C3: Distribution of Assets by industry, 1995 (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

Total

$2,723,735

$1,402,079

$1,321,657

$2,458,153

$1,163,416

$1,294,737

$265,582

$238,663

$26,920

Agriculture

8,109

3,034

5,075

7,926

2,856

5,070

183

178

5

Mining

32,480

16,889

15,591

26,214

10,726

15,488

6,266

6,163

103

Construction

159,771

108,995

50,776

33,683

4,451

29,231

126,088

104,544

21,545

Manufacturing

1,148,700

639,338

509,363

1,130,563

622,064

508,499

18,137

17,274

864

Transportation

131,061

91,430

39,631

76,013

37,893

38,120

55,047

53,537

1,511

Communications and utilities

317,290

218,994

98,296

315,230

217,072

98,159

2,059

1,922

137

Wholesale trade

70,910

18,670

52,240

67,520

15,380

52,140

3,390

3,290

100

Retail trade

113,491

41,073

72,418

93,382

21,299

72,083

20,109

19,774

335

Finance, insurance & real estate

281,430

120,668

160,762

280,857

120,144

160,713

573

524

49

Services

406,643

111,908

294,735

373,021

80,506

292,515

33,622

31,401

2,220

Tax-exempt organizations

51,065

30,169

20,896

50,974

30,119

20,855

91

49

42

Industry not reported

2,786

910

1,875

2,769

905

1,864

16

6

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.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C4: Balance Sheet of Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)

 

Type of Asset or Liability

Total

Defined Benefit

Defined Contribution

Assets

Receivables

Employer contributions

$25,793

$13,617

$12,177

Participant contributions

1,599

56

1,543

Income receivables

4,901

3,007

1,894

Other receivables

13,159

7,952

5,206

Less allowance for doubtful accounts

(138)

(131)

(7)

Total receivables (net)

45,314

24,501

20,813

General Investments

Interest-bearing cash

51,107

22,267

28,840

Certificates of deposit

4,715

1,905

2,810

U.S. Government securities

142,547

112,014

30,533

Corporate debt instruments: Preferred

31,638

22,094

9,544

Corporate debt instruments: All other

51,631

38,766

12,864

Preferred stock

11,610

2,484

9,126

Common stock

323,207

239,123

84,084

Partnership/joint venture interests

10,824

10,008

817

Income-producing real estate

6,273

5,710

563

Nonincome-producing real estate

377

297

80

Residential loans (other than to participants) secured by mortgages

1,316

860

456

Commercial loans secured by mortgages

3,747

3,426

321

Mortgage loans to participants

673

95

577

Other loans to participants

16,788

37

16,751

Other loans

1,023

781

242

Value of interest in common/collective trusts

161,317

84,390

76,927

Value of interest in pooled separate accounts

64,911

34,954

29,957

Value of interest in master trusts

890,649

666,240

224,409

Value of interest in 103-12 investment entities

3,406

1,798

1,608

Value of interest in registered investment companies

202,511

35,064

167,447

Value of funds held in insurance company general account

126,224

31,545

94,679

Other or unspecified general investments

73,500

28,832

44,668

Total general investments

2,179,993

1,342,690

837,302

Employer securities

170,917

6,332

164,585

Employer real property

538

82

456

Unspecified investments

429

187

242

Total noninterest-bearing cash

2,560

1,604

956

Buildings and other property used in plan operations

234

228

6

Total Assets

2,399,984

1,375,623

1,024,361

Liabilities

Benefit claims payable

5,497

833

4,664

Operating payables

9,882

4,666

5,216

Acquisition indebtedness

16,131

494

15,636

Other liabilities

23,723

11,556

12,166

Total Liabilities

55,232

17,550

37,683

Net Assets

2,344,752

1,358,074

986,678

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C5: Balance Sheet of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995(1) (amounts in millions)

 

Type of Asset or Liability

Total

Defined Benefit

Defined Contribution

Assets

Receivables

Employer contributions

$24,405

$12,438

$11,968

Participant contributions

1,583

53

1,530

Income receivables

3,602

1,859

1,743

Other receivables

11,836

6,759

5,076

Less allowance for doubtful accounts

13

17

(4)

Total receivables (net)

41,439

21,126

20,314

General Investments

Interest-bearing cash

41,778

14,190

27,588

Certificates of deposit

3,499

1,369

2,131

U.S. Government securities

79,965

57,394

22,572

Corporate debt instruments: Preferred

18,022

9,385

8,636

Corporate debt instruments: All other

33,676

23,337

10,340

Preferred stock

10,923

1,844

9,080

Common stock

237,395

156,113

81,282

Partnership/joint venture interests

9,916

9,111

805

Income-producing real estate

3,153

2,637

516

Nonincome-producing real estate

133

60

72

Residential loans (other than to participants) secured by mortgages

746

388

358

Commercial loans secured by mortgages

1,266

1,028

237

Mortgage loans to participants

571

6

564

Other loans to participants

16,511

18

16,493

Other loans

256

25

232

Value of interest in common/collective trusts

134,636

59,410

75,227

Value of interest in pooled separate accounts

60,279

30,836

29,443

Value of interest in master trusts

890,029

665,826

224,203

Value of interest in 103-12 investment entities

2,129

958

1,171

Value of interest in registered investment companies

195,599

29,528

166,071

Value of funds held in insurance company general account

116,264

24,685

91,579

Other or unspecified general investments

63,540

20,734

42,806

Total general investments

1,920,288

1,108,880

811,407

Employer securities

170,188

5,630

164,558

Employer real property

534

78

456

Unspecified investments

426

186

240

Total noninterest-bearing cash

2,201

1,295

905

Buildings and other property used in plan operations

12

10

2

Total Assets

2,135,087

1,137,206

997,881

Liabilities

Benefit claims payable

5,284

736

4,548

Operating payables

8,924

3,750

5,174

Acquisition indebtedness

16,031

406

15,625

Other liabilities

21,492

9,461

12,031

Total Liabilities

51,731

14,353

37,378

Net Assets

2,083,356

1,122,853

960,503

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

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C6: Balance Sheet of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995(1) (amounts in millions)

 

Type of Asset or Liability

Total

Defined Benefit

Defined Contribution

Assets

Receivables

Employer contributions

$1,388

$1,179

$209

Participant contributions

15

3

12

Income receivables

1,299

1,148

151

Other receivables

1,323

1,193

130

Less allowance for doubtful accounts

(151)

(147)

(3)

Total receivables (net)

3,875

3,376

499

General Investments

Interest-bearing cash

9,329

8,077

1,252

Certificates of deposit

1,215

537

679

U.S. Government securities

62,581

54,620

7,961

Corporate debt instruments: Preferred

13,616

12,708

908

Corporate debt instruments: All other

17,954

15,430

2,525

Preferred stock

687

641

46

Common stock

85,811

83,009

2,802

Partnership/joint venture interests

909

897

12

Income-producing real estate

3,120

3,073

47

Nonincome-producing real estate

245

237

8

Residential loans (other than to participants) secured by mortgages

570

472

98

Commercial loans secured by mortgages

2,481

2,397

83

Mortgage loans to participants

102

89

13

Other loans to participants

277

19

258

Other loans

766

756

10

Value of interest in common/collective trusts

26,681

24,981

1,700

Value of interest in pooled separate accounts

4,632

4,118

514

Value of interest in master trusts

620

414

206

Value of interest in 103-12 investment entities

1,277

840

436

Value of interest in registered investment companies

6,912

5,536

1,376

Value of funds held in insurance company general account

9,959

6,860

3,100

Other or unspecified general investments

9,960

8,098

1,861

Total general investments

259,705

233,810

25,895

Employer securities

729

702

28

Employer real property

4

4

(2)

Unspecified investments

3

(2)

3

Total noninterest-bearing cash

360

308

51

Buildings and other property used in plan operations

222

218

4

Total Assets

264,897

238,417

26,480

Liabilities

Benefit claims payable

213

97

116

Operating payables

958

916

42

Acquisition indebtedness

100

88

11

Other liabilities

2,231

2,096

135

Total Liabilities

3,501

3,197

304

Net Assets

261,396

235,221

26,175

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

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C7: Percent Distribution of Assets of Defined Benefit Pension Plans with 100 or More Participants by type of asset and size of plan, 1995

 

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

8

3

2

2

1

U.S. Government securities

8

4

9

12

10

6

Corporate debt instruments: Preferred

2

4

1

2

2

2

Corporate debt instruments: All other

3

2

3

4

4

2

Corporate stocks

18

5

13

21

19

16

Real estate and mortgages (other than to participants)

1

(1)

(1)

1

1

1

Other loans to participants

(1)

(1)

(1)

(1)

(1)

(1)

Value of interest in common/collective trusts

6

9

11

7

5

6

Value of interest in pooled separate accounts

3

5

8

4

2

2

Value of interest in master trusts

48

18

20

33

45

57

Value of interest in registered investment companies

3

9

10

5

3

1

Value of funds held in insurance company general account

2

15

12

3

2

1

Employer securities

(1)

(1)

(1)

(1)

(1)

1

Other investments

3

13

4

3

3

3

Footnotes
  1. Less than one percent.

Notes: The letters M and B in the column headings denote millions and billions, respectively. Percentage distributions may not add to 100 because of rounding.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C8: Percent Distribution of Assets of Defined Contribution Pension Plans with 100 or More Participants by type of asset and size of plan, 1995

 

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

3

7

6

4

3

2

Receivables

2

6

3

2

2

1

U.S. Government securities

3

2

4

4

3

2

Corporate debt instruments: Preferred

1

5

4

1

(1)

1

Corporate debt instruments: All other

1

1

2

2

1

1

Corporate stocks

9

4

7

9

9

10

Real estate and mortgages (other than to participants)

(1)

(1)

(1)

(1)

(1)

(1)

Other loans to participants

2

1

2

2

2

2

Value of interest in common/collective trusts

8

6

9

10

6

6

Value of interest in pooled separate accounts

3

18

11

4

1

1

Value of interest in master trusts

22

2

3

12

24

35

Value of interest in registered investment companies

16

21

25

25

15

6

Value of funds held in insurance company general account

9

12

11

9

9

9

Employer securities

16

3

5

11

21

21

Other investments

5

12

8

4

5

4

Footnotes
  1. Less than one percent.

Notes: The letters M and B in the column headings denote millions and billions, respectively. Percentage distributions may not add to 100 because of rounding.

SOURCE: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C9: Income Statement of Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)

 

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$74,653

$37,994

$36,659

Participants

51,789

550

51,239

Others

3,404

410

2,994

Noncash contributions

836

64

773

Total contributions

130,682

39,017

91,665

Interest earnings

Interest-bearing cash

6,070

2,465

3,605

Certificates of deposit

275

110

165

U.S. Government securities

8,172

6,547

1,625

Corporate debt instruments

4,940

3,913

1,027

Mortgage loans

312

254

58

Other loans

884

44

841

Other or unspecified interest

13,022

4,311

8,711

Total interest earnings

33,675

17,644

16,032

Dividends

Preferred stock

1,363

178

1,185

Common stock

12,924

5,470

7,453

Total dividend income

14,288

5,649

8,640

Rents

368

268

100

Net gain (loss) on sale of Assets

32,145

23,704

8,441

Unrealized appreciation (depreciation) of Assets

120,317

57,767

62,550

Net investment gain (loss) from common/collective trusts

18,975

10,834

8,140

Net investment gain (loss) from pooled separate accounts

9,610

5,240

4,370

Net investment gain (loss) from master trusts

157,188

119,724

37,465

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

406

240

166

Net investment gain (loss) from registered investment companies

24,268

3,744

20,524

Other or unspecified income

6,233

2,674

3,559

Total Income

548,155

286,505

261,650

Expenses

Benefit payments and payments to provide benefits

Direct benefits

144,748

74,915

69,833

Payments to insurance carriers

3,036

2,729

308

Other benefits

1,316

391

925

Total payments

149,099

78,034

71,065

Interest expense

2,329

15

2,314

Administrative expenses

Salaries and allowances

251

210

41

Accounting fees

125

83

42

Actuarial fees

373

354

19

Contract administrator fees

413

272

141

Investment advisory and management fees

2,677

2,225

452

Legal fees

133

111

22

Valuation/appraisal fees

14

7

6

Trustee fees/expenses

555

339

216

Other administrative expenses

1,770

1,362

408

Total administrative expenses

6,310

4,964

1,346

Other or unspecified expenses

21

3

19

Total Expenses

157,759

83,015

74,744

Net Income

390,396

203,490

186,907

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C10: Income Statement of Single Employer Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)

 

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$63,710

$29,263

$34,447

Participants

51,616

517

51,099

Others

3,348

364

2,984

Noncash contributions

836

63

773

Total contributions

119,510

30,208

89,302

Interest earnings

Interest-bearing cash

5,257

1,761

3,496

Certificates of deposit

201

79

122

U.S. Government securities

4,292

3,138

1,154

Corporate debt instruments

2,746

1,929

817

Mortgage loans

85

38

47

Other loans

828

21

807

Other or unspecified interest

11,395

2,942

8,453

Total interest earnings

24,803

9,907

14,896

Dividends

Preferred stock

1,295

117

1,178

Common stock

11,246

3,866

7,379

Total dividend income

12,542

3,983

8,558

Rents

226

128

98

Net gain (loss) on sale of Assets

23,822

15,683

8,138

Unrealized appreciation (depreciation) of Assets

100,784

39,272

61,513

Net investment gain (loss) from common/collective trusts

15,869

7,875

7,994

Net investment gain (loss) from pooled separate accounts

9,152

4,843

4,309

Net investment gain (loss) from master trusts

157,107

119,654

37,453

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

278

154

124

Net investment gain (loss) from registered investment companies

23,563

3,167

20,396

Other or unspecified income

5,924

2,392

3,532

Total Income

493,579

237,266

256,312

Expenses

Benefit payments and payments to provide benefits

Direct benefits

130,188

61,873

68,315

Payments to insurance carriers

1,988

1,683

305

Other benefits

1,258

355

902

Total payments

133,433

63,912

69,521

Interest expense

2,323

9

2,314

Administrative expenses

Salaries and allowances

86

58

29

Accounting fees

80

46

34

Actuarial fees

313

296

16

Contract administrator fees

257

137

121

Investment advisory and management fees

1,927

1,538

389

Legal fees

43

32

10

Valuation/appraisal fees

12

6

6

Trustee fees/expenses

531

318

212

Other administrative expenses

1,376

1,014

362

Total administrative expenses

4,625

3,446

1,179

Other or unspecified expenses

21

3

19

Total Expenses

140,402

67,370

73,032

Net Income

353,177

169,897

183,280

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C11: Income Statement of Multiemployer Pension Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)

 

Income and Expenses

Total

Defined Benefit

Defined Contribution

Income

Contributions received or receivable from:

Employers

$10,943

$8,730

$2,213

Participants

173

32

141

Others

55

46

9

Noncash contributions

1

1

0

Total contributions

11,172

8,809

2,363

Interest earnings

Interest-bearing cash

813

705

109

Certificates of deposit

74

31

43

U.S. Government securities

3,880

3,409

471

Corporate debt instruments

2,194

1,985

210

Mortgage loans

228

216

11

Other loans

57

23

34

Other or unspecified interest

1,627

1,369

258

Total interest earnings

8,872

7,737

1,135

Dividends

Preferred stock

68

62

7

Common stock

1,678

1,604

74

Total dividend income

1,747

1,665

81

Rents

143

140

2

Net gain (loss) on sale of Assets

8,323

8,020

303

Unrealized appreciation (depreciation) of Assets

19,533

18,495

1,037

Net investment gain (loss) from common/collective trusts

3,106

2,960

146

Net investment gain (loss) from pooled separate accounts

458

397

61

Net investment gain (loss) from master trusts

81

69

12

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

128

86

42

Net investment gain (loss) from registered investment companies

705

577

128

Other or unspecified income

309

282

27

Total Income

54,576

49,238

5,338

Expenses

Benefit payments and payments to provide benefits

Direct benefits

14,560

13,041

1,518

Payments to insurance carriers

1,048

1,045

3

Other benefits

58

35

23

Total payments

15,666

14,122

1,544

Interest expense

6

5

(1)

Administrative expenses

Salaries and allowances

164

152

12

Accounting fees

45

37

8

Actuarial fees

61

58

3

Contract administrator fees

155

135

20

Investment advisory and management fees

750

688

63

Legal fees

90

78

12

Valuation/appraisal fees

1

1

(1)

Trustee fees/expenses

24

21

3

Other administrative expenses

394

348

46

Total administrative expenses

1,686

1,518

167

Other or unspecified expenses

(1)

(1)

(1)

Total Expenses

17,357

15,645

1,711

Net Income

37,220

33,593

3,627

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C12: Percentage Distribution of Income of Defined Benefit Plans with 100 or More Participants by source of income and size of plan, 1995

 

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

13

53

31

18

16

9

Participants

(1)

1

(1)

(1)

(1)

(1)

Others

(1)

1

(1)

(1)

(1)

(1)

Total contributions

14

54

31

19

16

10

Interest earnings:

Interest-bearing cash

1

2

2

1

1

1

Certificates of deposit

(1)

(1)

(1)

(1)

(1)

(1)

U.S. Government securities

2

1

2

3

3

2

Corporate debt instruments

1

(1)

1

2

2

1

Mortgage loans

(1)

(1)

(1)

(1)

(1)

(1)

Other loans

(1)

(1)

(1)

(1)

(1)

(1)

Other or unspecified interest

2

4

4

2

2

1

Total interest earnings

6

8

10

8

7

5

Total dividend income

2

1

2

3

2

2

Net gain (loss) on sale of Assets

8

4

5

9

9

8

Unrealized appreciation (depreciation) of Assets

20

7

18

24

21

18

Net investment gain (loss) from common/collective trusts

4

3

6

4

3

4

Net investment gain (loss) from pooled separate accounts

2

2

5

3

2

1

Net investment gain (loss) from master trusts

42

10

16

27

38

51

Net investment gain (loss) from registered investment companies

1

3

5

3

2

(1)

Other or unspecified income

1

8

3

1

1

1

Footnotes
  1. Less than one percent.

Notes: Percentage distributions may not add to 100 because of rounding.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table C13: Percentage Distribution of Income of Defined Contribution Plans with 100 or More Participants by source of income and size of plan, 1995

 

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

14

26

21

17

13

9

Participants

20

44

29

22

18

15

Others

1

3

3

1

1

(1)

Total contributions

35

73

53

41

32

24

Interest earnings

Interest-bearing cash

1

1

2

2

1

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

3

2

3

3

3

4

Total interest earnings

6

3

6

7

6

6

Total dividend income

3

1

2

3

4

4

Net gain (loss) on sale of Assets

3

1

3

3

4

3

Unrealized appreciation (depreciation) of Assets

24

3

11

20

29

30

Net investment gain (loss) from common/collective trusts

3

1

3

4

3

2

Net investment gain (loss) from pooled separate accounts

2

5

6

2

(1)

1

Net investment gain (loss) from master trusts

14

(1)

1

7

14

26

Net investment gain (loss) from registered investment companies

8

5

11

13

7

3

Other or unspecified income

1

6

5

1

2

(1)

Footnotes
  1. Less than one percent.

Note: Percentage distribution may not add to 100 because of rounding.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Figure C. Average Assets per Participant by plan size, 1995

Figure C - Average Assets per Participant by plan size, 1995

Note: Each point shows the average assets per participant among plans reporting specific numbers of participants. For plans having more than 307 participants, averages are computed over participation intervals just wide enough to include at least 60 plans.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Section D: Defined Contribution Plans

Table D1: Balance Sheet of Defined Contribution Plans with 100 or More Participants by type of plan, 1995 (amounts in millions)

 

Type of Asset or Liability

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

$12,177

$9,709

$1,266

$35

$1,054

$113

Participant contributions

1,543

1,418

63

4

33

25

Income receivables

1,894

1,514

97

5

220

58

Other receivables

5,206

3,743

1,251

2

184

27

Less allowance for doubtful accounts

(7)

(3)

(1)

0

(4)

(1)

Total receivables (net)

20,813

16,381

2,677

46

1,487

222

General Investments

Interest-bearing cash

28,840

23,892

2,048

43

2,543

313

Certificates of deposit

2,810

1,823

44

1

804

137

U.S. Government securities

30,533

19,924

522

81

8,797

1,208

Corporate debt instruments: Preferred

9,544

8,063

76

25

1,172

207

Corporate debt instruments: All other

12,864

8,840

573

24

2,987

441

Preferred stock

9,126

8,347

630

2

112

35

Common stock

84,084

63,839

9,591

145

8,652

1,857

Partnership/joint venture interests

817

653

3

1

152

8

Income-producing real estate

563

328

3

(1)

200

32

Nonincome-producing real estate

80

67

1

(1)

6

6

Residential loans (other than to participants) secured by mortgages

456

307

6

(1)

136

7

Commercial loans secured by mortgages

321

223

5

(1)

90

2

Mortgage loans to participants

577

558

1

(1)

16

2

Other loans to participants

16,751

15,286

1,018

4

400

44

Other loans

242

221

(1)

(1)

20

(1)

Value of interest in common/collective trusts

76,927

70,527

2,195

109

3,500

595

Value of interest in pooled separate accounts

29,957

27,823

58

21

1,923

132

Value of interest in master trusts

224,409

202,435

14,322

711

6,843

98

Value of interest in 103-12 investment entities

1,608

1,317

67

0

223

1

Value of interest in registered investment companies

167,447

153,347

3,830

268

8,951

1,050

Value of funds held in insurance company general account

94,679

84,295

2,007

72

7,691

614

Other or unspecified general investments

44,668

38,555

1,949

22

3,648

494

Total general investments

837,302

730,670

38,951

1,529

58,868

7,284

Employer securities

164,585

114,816

41,357

40

911

7,462

Employer real property

456

417

3

0

(1)

36

Unspecified investments

242

236

(1)

(1)

7

(1)

Total noninterest-bearing cash

956

786

49

2

103

16

Buildings and other property used in plan operations

6

1

0

(1)

4

1

Total Assets

1,024,361

863,307

83,037

1,616

61,380

15,021

Liabilities

Benefit claims payable

4,664

3,495

725

8

285

150

Operating payables

5,216

4,256

748

1

47

164

Acquisition indebtedness

15,636

7,392

6,956

1

68

1,219

Other liabilities

12,166

8,217

3,221

2

237

489

Total Liabilities

37,683

23,360

11,650

12

637

2,023

Net Assets

986,678

839,946

71,387

1,605

60,743

12,998

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D2: Income Statement of Defined Contribution Plans with 100 or More Participants by type of plan, 1995 (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

$36,659

$27,538

$3,619

$106

$4,627

$769

Participants

51,239

48,064

2,341

21

599

215

Others

2,994

2,688

235

1

65

4

Noncash contributions

773

558

201

(1)

5

8

Total contributions

91,665

78,848

6,396

129

5,295

996

Interest earnings

Interest-bearing cash

3,605

3,068

171

7

327

31

Certificates of deposit

165

111

3

(1)

42

9

U.S. Government securities

1,625

1,083

10

4

456

72

Corporate debt instruments

1,027

756

4

2

235

29

Mortgage loans

58

44

(1)

(1)

14

1

Other loans

841

770

43

(1)

25

3

Other or unspecified interest

8,711

7,892

195

6

577

42

Total interest earnings

16,032

13,723

427

19

1,675

187

Dividends

Preferred stock

1,185

724

356

(1)

23

82

Common stock

7,453

5,924

1,079

5

318

128

Total dividend income

8,640

6,648

1,435

5

341

210

Rents

100

88

1

0

11

1

Net gain (loss) on sale of Assets

8,441

6,867

674

9

747

144

Unrealized appreciation (depreciation) of Assets

62,550

48,434

9,658

53

2,614

1,790

Net investment gain (loss) from common/collective trusts

8,140

7,361

274

6

344

155

Net investment gain (loss) from pooled separate accounts

4,370

4,075

6

3

269

16

Net investment gain (loss) from master trusts

37,465

32,674

3,732

134

916

9

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

166

141

2

0

23

(1)

Net investment gain (loss) from registered investment companies

20,524

18,643

638

26

1,145

72

Other or unspecified income

3,559

2,812

395

4

206

142

Total Income

261,650

220,314

23,639

387

13,586

3,724

Expenses

Benefit payments and payments to provide benefits

Direct benefits

69,833

59,992

5,232

109

3,668

832

Payments to insurance carriers

308

103

20

3

156

25

Other benefits

925

466

379

1

60

20

Total payments

71,065

60,560

5,631

112

3,884

877

Interest expense

2,314

1,281

885

(1)

5

143

Administrative expenses

Salaries and allowances

41

22

1

(1)

16

2

Accounting fees

42

30

1

(1)

9

2

Actuarial fees

19

14

(1)

(1)

3

1

Contract administrator fees

141

103

4

(1)

29

5

Investment advisory and management fees

452

340

10

2

90

11

Legal fees

22

10

1

(1)

9

2

Valuation/appraisal fees

6

5

1

0

1

(1)

Trustee fees/expenses

216

187

11

1

14

2

Other administrative expenses

408

318

17

1

57

15

Total administrative expenses

1,346

1,030

46

3

227

39

Other or unspecified expenses

19

3

5

(1)

1

9

Total Expenses

74,744

62,874

6,568

116

4,117

1,069

Net Income

186,907

157,440

17,070

272

9,470

2,655

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D3: Number of 401(k) Type Plans, Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995

 

Type of Plan

Number of Plans(1)

Total Participants (thousands)(2)

Active Participants (thousands)(3)

Total Assets (millions)

Total Contributions (millions)(4)

Total Benefits (millions)(5)

Total

200,813

31,385

28,061

$863,918

$87,416

$62,163

Profit sharing and thrift-savings

197,832

29,939

26,779

810,385

83,241

58,350

Stock bonus

481

1,051

911

46,386

3,399

3,306

Target benefit

63

4

4

37

10

4

Money purchase

1,737

362

340

6,573

685

455

Annuity-403(b)(1)

163

3

3

33

6

4

Custodial account-403(b)(7)

34

2

2

49

11

5

IRAs or annuities (Code 408)

133

14

13

226

34

17

Other defined contribution

368

10

10

230

30

23

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. Active participants include any workers currently in employment covered by a plan and who are earning or retaining credited service under a plan. Active participants also include nonvested former employees who have not yet incurred a break in service.
  4. Includes both employer and employee contributions.
  5. Amounts shown include both benefits paid directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D4: Number of 401(k) Type Plans by number of participants and primary or supplemental status, 1995

 

Number of Participants

Total

401(k) Plan is Only Plan Sponsored by Employer

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

Total

200,813

175,353

25,460

None or not reported

6,458

5,533

925

2-9

37,299

33,699

3,600

10-24

57,051

52,655

4,396

25-49

42,783

39,400

3,383

50-99

25,885

22,932

2,953

100-249

17,074

13,287

3,787

250-499

6,687

4,436

2,251

500-999

3,469

1,896

1,573

1,000-2,499

2,398

1,093

1,305

2,500-4,999

859

261

598

5,000-9,999

487

104

383

10,000-19,999

215

44

171

20,000-49,999

117

12

105

50,000 or more

33

3

30

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D5: Number of Active Participants in 401(k) Type Plans by number of participants and primary or supplemental status, 1995 (numbers in thousands)

 

Number of Participants

Total

401(k) Plan is Only Plan Sponsored by Employer

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

Total

28,061

12,336

15,725

2-9

178

161

17

10-24

768

706

62

25-49

1,306

1,202

104

50-99

1,933

1,731

203

100-249

2,333

1,796

537

250-499

2,086

1,389

697

500-999

2,187

1,195

992

1,000-2,499

3,280

1,496

1,784

2,500-4,999

2,616

799

1,817

5,000-9,999

3,058

663

2,395

10,000-19,999

2,625

592

2,033

20,000-49,999

3,101

290

2,810

50,000 or more

2,591

317

2,274

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D6: Balance Sheet of 401(k) Type Plans with 100 or More Participants 1995 (amounts in millions)

 

Type of Asset or Liability

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

$6,746

$2,793

$3,953

Participant contributions

1,402

479

923

Income receivables

1,274

354

919

Other receivables

4,571

540

4,032

Less allowance for doubtful accounts

(2)

(1)

(1)

Total receivables (net)

13,992

4,165

9,826

General Investments

Interest-bearing cash

19,679

6,694

12,986

Certificates of deposit

1,439

462

977

U.S. Government securities

12,699

4,060

8,640

Corporate debt instruments: Preferred

5,796

2,185

3,611

Corporate debt instruments: All other

6,197

1,979

4,217

Preferred stock

2,644

225

2,419

Common stock

47,495

11,785

35,710

Partnership/joint venture interests

347

286

60

Income-producing real estate

176

113

63

Nonincome-producing real estate

34

22

11

Residential loans (other than to participants) secured by mortgages

212

73

139

Commercial loans secured by mortgages

86

57

29

Mortgage loans to participants

504

143

361

Other loans to participants

15,115

2,912

12,203

Other loans

167

69

98

Value of interest in common/collective trusts

64,384

14,662

49,721

Value of interest in pooled separate accounts

25,824

12,486

13,338

Value of interest in master trusts

186,929

8,967

177,962

Value of interest in 103-12 investment entities

991

239

752

Value of interest in registered investment companies

142,424

45,045

97,379

Value of funds held in insurance company general account

79,410

13,998

65,412

Other or unspecified general investments

31,868

8,083

23,785

Total general investments

644,420

134,545

509,875

Employer securities

114,370

8,386

105,983

Employer real property

319

318

1

Unspecified investments

217

116

101

Total noninterest-bearing cash

623

240

384

Buildings and other property used in plan operations

(1)

(1)

(1)

Total Assets

773,941

147,771

626,170

Liabilities

Benefit claims payable

2,948

615

2,332

Operating payables

4,419

280

4,139

Acquisition indebtedness

6,012

636

5,375

Other liabilities

8,749

802

7,947

Total Liabilities

22,127

2,334

19,793

Net Assets

751,814

145,437

606,377

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D7: Income Statement of 401(k) Type Plans with 100 or More Participants 1995 (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

$22,978

$6,965

$16,013

Participants

47,931

12,549

35,382

Others

2,548

1,002

1,546

Noncash contributions

487

43

445

Total contributions

73,944

20,559

53,386

Interest earnings

Interest-bearing cash

2,703

684

2,019

Certificates of deposit

85

22

63

U.S. Government securities

696

209

487

Corporate debt instruments

537

162

375

Mortgage loans

30

12

19

Other loans

738

141

597

Other or unspecified interest

7,065

1,143

5,922

Total interest earnings

11,854

2,372

9,482

Dividends

Preferred stock

816

67

749

Common stock

5,376

686

4,690

Total dividend income

6,193

753

5,439

Rents

53

42

11

Net gain (loss) on sale of Assets

5,725

1,121

4,604

Unrealized appreciation (depreciation) of Assets

43,298

6,266

37,032

Net investment gain (loss) from common/collective trusts

6,734

1,700

5,034

Net investment gain (loss) from pooled separate accounts

3,819

1,809

2,010

Net investment gain (loss) from master trusts

31,357

1,503

29,853

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

103

48

54

Net investment gain (loss) from registered investment companies

17,740

5,874

11,866

Other or unspecified income

2,614

1,016

1,598

Total Income

203,433

43,064

160,369

Expenses

Benefit payments and payments to provide benefits

Direct benefits

53,540

10,994

42,547

Payments to insurance carriers

72

58

14

Other benefits

551

95

456

Total payments

54,162

11,145

43,017

Interest expense

1,202

42

1,160

Administrative expenses

Salaries and allowances

17

3

14

Accounting fees

23

11

13

Actuarial fees

12

3

9

Contract administrator fees

95

38

58

Investment advisory and management fees

257

109

148

Legal fees

6

3

2

Valuation/appraisal fees

4

1

3

Trustee fees/expenses

162

53

109

Other administrative expenses

270

82

188

Total administrative expenses

846

302

544

Other or unspecified expenses

3

(1)

4

Total Expenses

56,214

11,488

44,725

Net Income

147,219

31,576

115,644

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D8: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of plan, 1995

 

Type of Plan

Number of Plans(1)

Total Participants (thousands)(2)

Active Participants (thousands)(3)

Total Assets (millions)

Total Contributions (millions)(4)

Total Benefits (millions)(5)

Total

9,232

7,248

6,353

$262,286

$16,200

$18,809

Profit sharing and thrift-savings

3,154

3,696

3,238

183,877

10,609

13,429

Stock bonus

4,413

2,956

2,614

67,063

4,952

4,660

Target benefit

5

3

2

44

5

4

Money purchase

290

41

35

1,174

81

119

Annuity - 403(b) (1)

1

0

0

0

0

0

Custodial account - 403(b)(7)

12

2

2

48

9

5

IRAs or annuities (Code 408)

58

0

0

30

1

0

Other defined contribution

1,299

549

462

10,050

542

591

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. Active participants include any workers currently in employment covered by a plan and who are earning or retaining credited service under a plan. Active particpants also include nonvested former employees who have not yet incurred a break in service.
  4. Includes both employer and employee contributions.
  5. Amounts shown include both benefits paid directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning 1995.


Table D9: Number of Employee Stock Ownership Plans (ESOPs), Total Participants, Active Participants, Assets, Contributions, and Benefits by type of ESOP, 1995

 

Type of Plan

Number of Plans(1)

Total Participants (thousands)(2)

Active Participants (thousands)(3)

Total Assets (millions)

Total Contributions (millions)(4)

Total Benefits (millions)(5)

Total ESOPS

9,232

7,248

6,353

$262,286

$16,200

$18,809

Nonleveraged ESOPs

5,968

3,391

3,034

62,110

4,639

7,128

Leveraged ESOPs

3,263

3,857

3,319

200,176

11,561

11,681

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. Active participants include any workers currently in employment covered by a plan and who are earning or retaining credited service under a plan. Active particpants also include nonvested former employees who have not yet incurred a break in service.
  4. Includes both employer and employee contributions.
  5. Amounts shown include both benefits paid directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D10: Balance Sheet of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995 (amounts in millions)

 

Type of Asset or Liability

Total ESOPs

Nonleveraged ESOPs

Leveraged ESOPs

Assets

Receivables

Employer contributions

$2,222

$895

$1,327

Participant contributions

227

79

148

Income receivables

421

90

332

Other receivables

627

111

516

Less allowance for doubtful accounts

(1)

0

(1)

Total receivables (net)

3,498

1,175

2,323

General Investments

Interest-bearing cash

2,737

1,349

1,388

Certificates of deposit

185

30

154

U.S. Government securities

2,427

599

1,828

Corporate debt instruments: Preferred

3,096

360

2,736

Corporate debt instruments: All other

932

277

655

Preferred stock

7,537

1,327

6,211

Common stock

23,405

5,303

18,102

Partnership/joint venture interests

21

19

2

Income-producing real estate

15

14

1

Nonincome-producing real estate

3

1

2

Residential loans (other than to participants) secured by mortgages

6

6

(1)

Commercial loans secured by mortgages

7

6

(1)

Mortgage loans to participants

15

5

10

Other loans to participants

3,359

709

2,650

Other loans

4

3

1

Value of interest in common/collective trusts

11,243

3,912

7,331

Value of interest in pooled separate accounts

955

271

684

Value of interest in master trusts

64,179

9,018

55,161

Value of interest in 103-12 investment entities

220

180

40

Value of interest in registered investment companies

12,621

3,237

9,384

Value of funds held in insurance company general account

13,643

2,633

11,010

Other or unspecified general investments

6,610

1,968

4,642

Total general investments

153,221

31,226

121,995

Employer securities

99,510

26,457

73,052

Employer real property

45

6

39

Unspecified investments

(1)

(1)

(1)

Total noninterest-bearing cash

88

34

54

Buildings and other property used in plan operations

0

0

0

Total Assets

256,362

58,898

197,463

Liabilities

Benefit claims payable

1,411

685

726

Operating payables

1,656

54

1,602

Acquisition indebtedness

15,496

863

14,634

Other liabilities

11,147

223

10,924

Total Liabilities

29,710

1,824

27,886

Net Assets

>226,652

>57,074

>169,577

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D11: Income Statement of Employee Stock Ownership Plans (ESOPs) with 100 or More Participants by leveraged status, 1995 (amounts in millions)

 

Income and Expenses

Total ESOPs

Nonleveraged ESOPs

Leveraged ESOPs

Income

Contributions received or receivable from:

Employers

$7,234

$2,051

$5,183

Participants

7,708

2,099

5,609

Others

375

80

295

Noncash contributions

359

140

219

Total contributions

15,677

4,371

11,306

Interest earnings

Interest-bearing cash

666

270

396

Certificates of deposit

11

5

6

U.S. Government securities

95

22

73

Corporate debt instruments

184

13

171

Mortgage loans

1

1

(1)

Other loans

161

35

127

Other or unspecified interest

900

144

756

Total interest earnings

2,020

490

1,530

Dividends

Preferred stock

873

82

791

Common stock

2,939

760

2,179

Total dividend income

3,812

842

2,970

Rents

20

3

17

Net gain (loss) on sale of Assets

1,839

499

1,339

Unrealized appreciation (depreciation) of Assets

24,979

5,129

19,850

Net investment gain (loss) from common/collective trusts

1,413

610

803

Net investment gain (loss) from pooled separate accounts

209

40

168

Net investment gain (loss) from master trusts

12,544

1,239

11,305

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

8

6

2

Net investment gain (loss) from registered investment companies

1,250

435

815

Other or unspecified income

592

71

521

Total Income

64,362

13,736

50,626

Expenses

Benefit payments and payments to provide benefits

Direct benefits

16,087

5,106

10,981

Payments to insurance carriers

22

2

20

Other benefits

517

87

430

Total payments

16,626

5,195

11,431

Interest expense

2,182

125

2,057

Administrative expenses

Salaries and allowances

1

1

1

Accounting fees

4

1

2

Actuarial fees

1

(1)

(1)

Contract administrator fees

13

4

9

Investment advisory and management fees

31

13

18

Legal fees

2

1

1

Valuation/appraisal fees

1

1

1

Trustee fees/expenses

34

9

25

Other administrative expenses

118

13

105

Total administrative expenses

205

43

162

Other or unspecified expenses

15

(1)

15

Total Expenses

19,028

5,362

13,665

Net Income

45,334

8,373

36,961

Footnotes
  1. Less than $500,000.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Table D12: Number of Employee Stock Ownership Plans (ESOPs) by number of participants and primary or supplemental status, 1995

 

Number of Participants

Total

ESOP Plan is Only Plan Sponsored by Employer

Employer Sponsoring ESOP Plan Also Sponsors Another Pension Plan(s)

Total

9,232

5,277

3,954

None or not reported

598

329

270

2-9

922

657

265

10-24

1,403

938

465

25-49

1,474

1,094

380

50-99

1,826

1,203

623

100-249

1,318

656

663

250-499

631

208

424

500-999

363

80

283

1,000-2,499

308

72

236

2,500-4,999

143

22

121

5,000-9,999

111

11

100

10,000-19,999

58

3

55

20,000-49,999

55

4

51

50,000 or more

21

1

20

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.


Figure D. Number of 401(k) Plans 1984-95

Figure D - Number of 401(k) Plans 1984-95

Reference: Table E23.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-95 plan years.


Section E: Historical Tables

Table E1: Number of Pension Plans by type of plan, 1975-95

 

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

2,261

805

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

1994

690,344

74,422

615,922

687,158

72,555

614,603

3,186

1,867

1,319

1995

693,404

69,492

623,912

690,265

67,682

622,584

3,139

1,810

1,328

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 1975-95 plan years.


Table E2: Number of Pension Plans with Fewer Than 100 Participants by type of plan, 1975-95

 

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

1994

628,707

56,322

572,385

628,307

56,134

572,173

399

188

212

1995

631,117

52,405

578,712

630,780

52,311

578,469

337

94

243

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 1975-95 plan years.


Table E3: Number of Pension Plans with 100 or More Participants by type of plan, 1975-95

 

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

1994

61,638

18,100

43,538

58,851

16,421

42,430

2,787

1,679

1,108

1995

62,287

17,087

45,200

59,486

15,371

44,115

2,802

1,716

1,086

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 1975-95 plan years.


Table E4: Estimated Private Wage and Salary Worker Participation Rates Under Primary and Supplemental Pension Plans 1975-95(1)(workers in thousands)

 

Year

Number of Wage and Salary Workers

Workers Covered by a Primary Defined Benefit Plan
Number

Workers Covered by a Primary 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

1994

101,077

24,591

24

20,948

21

16,516

16

1995

102,162

23,531

23

23,038

23

16,482

16

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.

Sources: Number of workers taken from Employment and Earnings, U.S. Department of Labor, 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 1975-95 plan years.


Table E5: Number of Participants in Pension Plans by type of plan, 1975-95 (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

1994

85,117

40,338

44,778

74,940

32,197

42,743

10,177

8,142

2,035

1995

87,452

39,736

47,716

76,969

31,341

45,629

10,483

8,395

2,088

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 1975-95 plan years.


Table E6: Number of Participants in Pension Plans with Fewer Than 100 Participants by type of plan, 1975-95 (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

1994

9,152

944

8,208

9,132

935

8,197

20

9

11

1995

9,373

893

8,480

9,359

890

8,469

14

3

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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Table E7: Number of Participants in Pension Plans with 100 or More Participants by type of plan, 1975-95 (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

1994

75,964

39,394

36,570

65,807

31,262

34,546

10,157

8,133

2,024

1995

78,079

38,843

39,236

67,610

30,450

37,160

10,469

8,392

2,076

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 1975-95 plan years.


Table E8: Number of Active Participants in Pension Plans by type of plan, 1975-95 (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

1994

64,972

24,615

40,357

58,889

20,215

38,674

6,083

4,400

1,682

1995

66,193

23,531

42,662

59,894

19,005

40,889

6,299

4,525

1,773

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 1975-95 plan years.


Table E9: Number of Active Participants in Pension Plans with Fewer than 100 Participants by type of plan, 1975-95 (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

7,707

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

1994

8,790

856

7,935

8,771

847

7,924

19

9

10

1995

8,992

806

8,186

8,979

804

8,175

13

2

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: 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 1975-95 plan years.


Table E10: Number of Active Participants in Pension Plans with 100 or More Participants by type of plan, 1975-95 (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

55,224

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

1994

56,181

23,759

32,422

50,118

19,368

30,750

6,064

4,392

1,672

1995

57,201

22,724

34,477

50,916

18,202

32,714

6,285

4,523

1,762

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 1975-95 plan years.


Table E11: Pension Plan Assets by type of plan, 1975-95(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

$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

1994

2,298,556

1,210,856

1,087,700

2,070,804

1,010,275

1,060,529

227,752

200,581

27,171

1995

2,723,735

1,402,079

1,321,657

2,458,153

1,163,416

1,294,737

265,582

238,663

26,920

Footnotes
  1. Asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded 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 1975-95 plan years.


Table E12: Pension Plan Assets of Plans with Fewer than 100 Participants by type of plan, 1975-95(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

$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

588

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

1994

278,555

25,384

253,171

277,644

24,687

252,958

911

698

213

1995

323,751

26,455

297,295

323,066

26,210

296,855

685

245

440

Footnotes
  1. Asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded 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 1975-95 plan years.


Table E13: Pension Plan Assets of Plans with 100 or More Participants by type of plan, 1975-95(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

$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

1994

2,021,962

1,187,432

834,529

1,793,159

985,588

807,572

228,802

201,845

26,958

1995

2,399,984

1,375,623

1,024,361

2,135,087

1,137,206

997,881

264,897

238,417

26,480

Footnotes
  1. Asset amounts shown exclude funds held by life insurance companies under allocated group insurance contracts for payment of retirement benefits. These excluded 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 1975-95 plan years.


Table E14: Pension Plan Contributions by type of plan, 1975-95 (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

1994

144,353

39,031

105,322

133,844

30,829

103,015

10,509

8,203

2,307

1995

158,832

41,423

117,409

147,621

32,600

115,021

11,210

8,823

2,387

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 1975-95 plan years.


Table E15: Pension Plan Contributions of Plans with Fewer than 100 Participants by type of plan, 1975-95 (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

1994

23,933

1,918

22,015

23,688

1,693

21,995

245

225

20

1995

28,150

2,406

25,744

28,111

2,392

25,719

39

14

25

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 1975-95 plan years.


Table E16: Pension Plan Contributions of Plans with 100 or More Participants by type of plan, 1975-95 (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

1994

120,420

37,113

83,307

110,155

29,135

81,020

10,265

7,978

2,287

1995

130,682

39,017

91,665

119,510

30,208

89,302

11,172

8,809

2,363

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 1975-95 plan years.


Table E17: Pension Plan Benefits Disbursed by type of plan, 1975-95(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

$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

1994

163,934

82,625

81,309

149,035

69,417

79,617

14,899

13,207

1,692

1995

183,025

85,134

97,892

167,249

70,947

96,302

15,777

14,187

1,590

Footnotes
  1. Amounts shown include both benefits made directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits paid 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 1975-95 plan years.


Table E18: Pension Plan Benefits Disbursed from Plans with Fewer than 100 Participants by type of plan, 1975-95(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

$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

1994

25,900

4,860

21,040

25,743

4,737

21,007

157

124

33

1995

33,927

7,100

26,827

33,816

7,035

26,781

111

65

46

Footnotes
  1. Amounts shown include both benefits made directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits paid 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 1975-95 plan years.


Table E19: Pension Plan Benefits Disbursed from Plans with 100 or More Participants by type of plan, 1975-95(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

1994

138,034

77,764

60,269

123,291

64,681

58,611

14,690

13,031

1,659

1995

149,099

78,034

71,065

133,433

63,912

69,521

15,666

14,122

1,544

Footnotes
  1. Amounts shown include both benefits made directly from trust funds and premium payments made by plans to insurance carriers. Amounts exclude benefits paid 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 1975-95 plan years.


Table E20: Percentage Distribution of Active Participants in Plans with 100 or More Participants by vesting status, 1975-95

 

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

1994

100

70

9

21

100

67

2

31

100

72

14

14

1995

100

69

10

21

100

68

2

31

100

70

14

16

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 1975-95 plan years.


Table E21: Percentage Distribution of Active Participants in Single Employer Plans with 100 or More Participants by vesting status, 1975-95

 

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

1994

100

71

10

19

100

71

1

28

100

71

14

15

1995

100

70

11

20

100

71

1

27

100

69

15

16

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 1975-95 plan years.


Table E22: Percentage Distribution of Active Participants in Multiemployer Plans with 100 or More Participants by vesting status, 1975-95

 

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

1994

100

62

3

35

100

52

3

45

100

88

3

9

1995

100

63

2

35

100

53

2

45

100

89

2

9

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 1975-95 plan years.


Table E23: Number of 401(k) Type Plans, Participants, Assets, Contributions, and Benefit Payments 1984-95

 

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

1994

174,945

25,206

674,681

75,878

50,659

1995

200,813

28,061

863,918

87,416

62,163

Source: Form 5500 series reports filed with the Internal Revenue Service for 1984-95 plan years.


Table E24: Aggregate Rates of Return Earned by Private Pension Plans with 100 or More Participants 1985-95

 

Year(1)

Total Plans
Total

Total Plans
Defined Benefit

Total Plans
Defined Contribution

Single Employer
Total

Single Employer
Defined Benefit

Single Employer
Defined Contribution

Multiemployer
Total

Multiemployer
Defined Benefit

Multiemployer
Defined Contribution

Total
401(k)

Total
ESOP

1985

19.6%

20.1%

18.4%

20.0%

20.6%

18.5%

16.8%

17.0%

12.7%

n/a

n/a

1986

13.9

14.1

13.3

14.1

14.4

13.4

12.5

12.6

10.3

n/a

n/a

1987

4.6

4.4

4.8

4.7

4.6

4.8

3.7

3.5

6.4

n/a

n/a

1988

12.4

12.1

13.1

12.6

12.2

13.2

11.6

11.8

9.5

n/a

n/a

1989

11.2

12.1

9.4

11.9

13.2

9.7

6.0

6.4

1.8

n/a

n/a

1990

3.5

3.5

3.5

3.1

2.8

3.4

6.8

6.7

7.4

3.6

(1.3)

1991

17.5

18.8

15.1

17.8

19.6

15.2

14.9

15.2

12.0

14.7

14.7

1992

8.8

8.3

9.8

8.8

8.0

9.8

9.3

9.4

8.7

10.3

13.4

1993

10.2

10.5

9.8

10.6

11.1

9.9

7.4

7.5

6.2

9.8

12.8

1994

2.9

2.2

3.8

2.7

1.8

3.8

4.4

4.5

3.9

3.7

4.1

1995

20.8

21.4

20.0

21.0

21.6

20.3

19.5

20.5

11.8

20.5

22.9

Geometric Mean(2)

1985-95

11.2

11.4

10.9

11.4

11.6

11.0

10.1

10.3

8.2

n/a

n/a

1991-95

11.9

12.0

11.6

12.0

12.2

11.7

11.0

11.3

8.5

11.6

13.4

1993-95

11.1

11.1

11.0

11.2

11.2

11.1

10.2

10.6

7.3

11.1

13.0

Standard Deviation(3)

1985-95

6.0

6.4

5.3

6.1

6.7

5.4

5.0

5.2

3.3

n/a

n/a

1991-95

6.4

7.0

5.5

6.5

7.3

5.6

5.4

5.7

3.1

5.6

6.0

1993-95

7.4

7.8

6.7

7.5

8.1

6.8

6.5

6.9

3.3

6.9

7.7

Footnotes
  1. The 1994 row, for example, represents all plan years that began in 1994. About 77 percent of these plan years began on January 1, 1994.
  2. Computed by adding one to the aggregate rate of return for each of the n years, taking the product of the sums, taking the nth root of the product, and subtracting one.
  3. Standard deviation formula uses a denominator definition of N, not N-1.

Notes: Rates of return have been derived directly from tables C4-C11 and from similar published summary tables for prior years. The rate of return formula is the same as that described in Chapter 12 of the 1989 DOL volume entitled "Trends in Pensions," except that the return formula used here refines the treatment of receivables. The receivable line item called "income receivables," which first appreared on the 1988 form, is not deducted from total assests because such assests may produce investment income. The formula makes no adjustment for reporting periods other than one year, which are reported on approximately 3 percent of Form 5500 filings. Because the Form 5500 does not provide information on the timing of cash flows during the year, a time weighted rate of return cannot be derived. The formula used assumes that all cash flows occur in the middle of the plan's reporting period. The cash flow for which this assumption is most uncertain is contributions. The overall 1994 rate of return reported as 2.9 percent could be as low as 2.80 percent or as high as 2.98 percent depending on the assumption regarding the timing of contributions during the year. The overall 1995 rate of return reported as 20.8 percent could be as low as 20.15 percent or as high as 21.53 percent.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.


Table E25: Aggregate Investment Performance of Private Pension Plans with 100 or More Participants 1985-95 (amounts in millions)

 

Year

Average(1) Investable Assets

Investment Income(2)

Appreciation
Realized

Appreciation
Unrealized

Appreciation
Total

Total DFE(3) Income

Total Return(4)

Total Rate of Return(5)

Growth of Average Investable Assets

1985

$852,433

$49,936

$41,170

$68,007

$109,177

$8,042

$167,155

19.6%

-

1986

1,007,303

55,572

65,830

15,924

81,754

2,922

140,248

13.9

18.2%

1987

1,118,764

58,359

49,825

(58,758)

(8,933)

1,511

50,937

4.6

11.1

1988

1,135,950

47,509

13,609

30,597

44,206

49,613

141,328

12.4

1.5

1989

1,268,455

12,484

23,197

38,963

62,160

67,305

141,949

11.2

11.7

1990

1,395,262

49,855

1,995

(16,810)

(14,815)

13,866

48,906

3.5

10.0

1991

1,411,538

49,457

15,435

73,766

89,201

108,288

246,946

17.5

1.2

1992

1,658,785

45,325

9,126

30,378

39,504

61,706

146,535

8.8

17.5

1993

1,808,728

45,340

15,142

30,099

45,241

93,800

184,381

10.2

9.0

1994

1,961,820

43,012

1,871

(10,567)

(8,696)

22,283

56,599

2.9

8.5

1995

1,975,258

48,331

32,145

120,317

152,462

210,447

411,240

20.8

0.7

Geometric Mean

 

 

 

 

 

 

 

11.2

9.7

Footnotes
  1. Average of beginning-of-year and end-of-year levels of all Assets except contributions receivable and value of buildings and other property used in plan operations minus one-half of total return.
  2. Sum of interest, dividends, rents, and (for years 1985-87) royalties.
  3. DFE means direct filing entities including common/collective trust, pooled separate accounts, master trusts, 103-12 investment entities, and registered investment companies.
  4. Sum of investment income, total appreciation, and total DFE Income.
  5. Total return as a percentage of average investable Assets. See note for previous table.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.


Table E26: Aggregate Rates of Return Earned by Employee Stock Ownership Plans (ESOPs) and 401(k) Plans with 100 or More Participants, 1990-95

 

Year

401(k) Plans
Total

401(k) Plans
Sole Plan(1)

401(k) Plans
Not Sole Plan(2)

Employee Stock Ownership Plans
Total

Employee Stock Ownership Plans
Leveraged

Employee Stock Ownership Plans
Nonleveraged

1990

3.6%

4.5%

3.5%

0.0%

-1.0%

-1.5%

1991

14.7

14.6

14.7

14.7

18.9

12.6

1992

10.3

9.0

10.5

13.4

15.1

12.3

1993

9.8

8.8

10.0

12.8

10.6

14.3

1994

3.7

3.4

3.7

4.1

4.4

4.0

1995

20.5

18.5

20.9

22.9

17.5

24.7

Geometric mean(3)

1990-95

10.3

9.7

10.4

10.8

10.7

10.8

1991-95

11.6

10.7

11.8

13.4

13.2

13.4

1993-95

11.1

10.0

11.3

13.0

10.7

14.0

Standard deviation(4)

1990-95

5.9

5.3

6.1

7.8

7.2

8.2

1991-95

5.6

5.2

5.7

6.0

5.3

6.6

1993-95

6.9

6.2

7.1

7.7

5.4

8.4

Footnotes
  1. 401(k) plan is only plan sponsored by the employer.
  2. Employer sponsoring 401(k) plan also sponsors other pension plan(s).
  3. Computed by adding one to the aggregate rate of return for each of the n years, taking the product of the sums, taking the nth root of the product, and subtracting one.
  4. Standard deviation formula uses a denominator definition of N, not N-1.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1990-95 plan years.


Figure E1. Number of Pension Plans 1975-95

Figure E1 - Number of Pension Plans 1975-95

Reference: Table E1.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Figure E2. Pension Plan Active Participants 1975-95

Figure E2 - Pension Plan Active Participants 1975-95

Reference: Table E8.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Figure E3. Pension Coverage of Wage and Salary Workers 1975-95

Figure E3 - Pension Coverage of Wage and Salary Workers 1975-95

Reference: Table E4.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Figure E4. Pension Plan Assets 1975-95

Figure E4 - Pension Plan Assets 1975-95

Reference: Table E11.

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.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Figure E5. Pension Plan Contributions and Benefits 1975-95

Figure E5 - Pension Plan Contributions and Benefits 1975-95

Reference: Tables E14 and E17.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Figure E6. Rates of Return by type of plan, 1985-95

Figure E6 - Rates of Return by type of plan, 1985-95

Reference: Table E24.

Note: Plans with 100 or more participants only.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.


Figure E7. Rates of Return for Single and Multiemployer Plans 1985-95

Figure E7 - Rates of Return for Single and Multiemployer Plans 1985-95

Reference: Table E24.

Note: Plans with 100 or more participants only.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1985-95 plan years.


Figure E8. Rates of Return for 401(k) Type Plans 1990-95

Figure E8 - Rates of Return for 401(k) Type Plans 1990-95

Reference: Table E26.

Note: Plans with 100 or more participants only.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1990-95 plan years.


Figure E9. Rates of Return for ESOPs 1990-95

Figure E9 - Rates of Return for ESOPs 1990-95

Reference: Table E26.

Note: Plans with 100 or more participants only.

Source: Form 5500 series reports filed with the Internal Revenue Service for 1990-95 plan years.


Figure E10. Assets Per Participant by type of plan, 1975-95

Figure E10 - Assets Per Participant by type of plan, 1975-95

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Figure E11. Participants Per Plan by type of plan, 1975-95

Figure E11 - Participants Per Plan by type of plan, 1975-95

Note: The total number of participants in defined benefit plans was roughly the same (40 million) from 1986 through 1995 (Table E5). The average number of participants per defined benefit plan has grown over the same period, because the number of defined benefit plans has fallen 60 percent (Table E1).

Source: Form 5500 series reports filed with the Internal Revenue Service for 1975-95 plan years.


Figure E12. Distribution of Pension Plans, Participants, and Assets by plan size, 1995

Figure E12 - Distribution of Pension Plans, Participants, and Assets by plan size, 1995

Note: Lines show the percentage of plans, participants, and assets reported by plans having less than or equal to the number of participants shown on the horizontal axis. Includes plans reporting 2 or more participants only.

Source: Form 5500 series reports filed with the Internal Revenue Service for plan years beginning in 1995.