Annual

L.118 Private Pension Funds


The Financial Accounts (formerly known as the Flow of Funds accounts) are a set of financial accounts used to track the sources and uses of funds by sector. They are a component of a system of macroeconomic accounts including the National Income and Product accounts (NIPA) and balance of payments accounts, all of which serve as a comprehensive set of information on the economy’s performance.(1) Some important inferences that can be drawn from the Financial accounts are the financial strength of a given sector, new economic trends, changes in the composition of wealth, and development of new financial instruments over time.(1)
Sectors are compiled into three categories: households, nonfinancial businesses, and banks. The sources of funds for a sector are its internal funds (savings from income after consumption) and external funds (loans from banks and other financial intermediaries). (1) Funds for a given sector are used for its investments in physical and financial assets. Dividing sources and uses of funds into two categories helps the staff of the Federal Reserve System pay particular attention to external sources of funds and financial uses of funds.(2) One example is whether households are borrowing more from banks—or in other words, whether household debt is rising. Another example might be whether banks are using more of their funds to provide loans to consumers. Transactions within a sector are not shown in the accounts; however, transactions between sectors are.(2) Monitoring the external flows of funds provides insights into a sector’s health and the performance of the economy as a whole.
Data for the Financial accounts are compiled from a large number of reports and publications, including regulatory reports such as those submitted by banks, tax filings, and surveys conducted by the Federal Reserve System.(2) The Financial accounts are published quarterly as a set of tables in the Federal Reserve’s Z.1 statistical release.
(1) Teplin, Albert M. “The U.S. Flow of Funds Accounts and Their Uses.” Federal Reserve Bulletin, July 2001; http://www.federalreserve.gov/pubs/bulletin/2001/0701lead.pdf.
(2) Board of Governors of the Federal Reserve System. “Guide to the Flow of Funds Accounts.” 2000, http://www.federalreserve.gov/apps/fof/.

For questions on the data, please contact the data source: https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/z1/%
For questions on FRED functionality, please contact: https://fred.stlouisfed.org/contactus/


   

Please select a date range

    1945    
 
 
    2025
Millions of U.S. Dollars
Line Name 2025 Preceding
Period
Year Ago
from Period
line 1
Total financial assets
14,911,741 13,738,731 13,738,731
line 2
Checkable deposits and currency
10,307 14,139 14,139
line 3
Time and savings deposits
13,115 13,797 13,797
line 4
Money market fund shares
230,640 210,395 210,395
line 5
Security repurchase agreements
12,059 13,209 13,209
line 6
Debt securities
1,860,739 1,695,471 1,695,471
line 7
Open market paper
31,545 33,227 33,227
line 8
Treasury securities
605,466 523,270 523,270
line 9
Agency- and GSE-backed securities
283,117 262,699 262,699
line 10
Corporate and foreign bonds
940,611 876,275 876,275
line 11
Loans (mortgages)
31,498 28,543 28,543
line 12
Corporate equities
5,399,605 4,448,513 4,448,513
line 13
Mutual fund shares
5,679,922 5,539,958 5,539,958
line 14
Miscellaneous assets
1,673,856 1,774,706 1,774,706
line 15
Unallocated insurance contracts
626,972 614,751 614,751
line 16
Contributions receivable
85,637 81,044 81,044
line 17
Claims of pension fund on sponsor
93,982 191,971 191,971
line 18
Other
867,265 886,940 886,940
line 19
Pension entitlements (liabilities)
14,954,508 13,779,793 13,779,793
Memo:
Funded status of defined benefit plans:
line 20
Pension entitlements
3,154,542 3,228,016 3,228,016
line 21
Funded by assets
3,060,560 3,036,045 3,036,045
line 22
Unfunded (line 17)
93,982 191,971 191,971
Total financial assets
line 23
Defined benefit plans
3,111,775 3,186,954 3,186,954
line 24
Defined contribution plans
11,799,966 10,551,777 10,551,777
   

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