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    
 
 
    2024
Millions of U.S. Dollars
Line Name 2024 Preceding
Period
Year Ago
from Period
line 1
Total financial assets
13,738,731 12,590,331 12,590,331
line 2
Checkable deposits and currency
14,092 17,755 17,755
line 3
Time and savings deposits
13,798 14,466 14,466
line 4
Money market fund shares
210,423 203,219 203,219
line 5
Security repurchase agreements
13,208 14,320 14,320
line 6
Debt securities
1,696,226 1,634,131 1,634,131
line 7
Open market paper
33,228 34,877 34,877
line 8
Treasury securities
523,526 484,822 484,822
line 9
Agency- and GSE-backed securities
262,800 247,829 247,829
line 10
Corporate and foreign bonds
876,672 866,603 866,603
line 11
Loans (mortgages)
28,517 25,409 25,409
line 12
Corporate equities
4,448,807 3,689,082 3,689,082
line 13
Mutual fund shares
5,537,947 5,088,306 5,088,306
line 14
Miscellaneous assets
1,775,713 1,903,643 1,903,643
line 15
Unallocated insurance contracts
614,646 602,300 602,300
line 16
Contributions receivable
81,119 77,343 77,343
line 17
Claims of pension fund on sponsor
191,970 293,906 293,906
line 18
Other
887,978 930,094 930,094
line 19
Pension entitlements (liabilities)
13,779,793 12,630,417 12,630,417
Memo:
Funded status of defined benefit plans:
line 20
Pension entitlements
3,228,016 3,278,091 3,278,091
line 21
Funded by assets
3,036,046 2,984,185 2,984,185
line 22
Unfunded (line 17)
191,970 293,906 293,906
Total financial assets
line 23
Defined benefit plans
3,186,954 3,238,005 3,238,005
line 24
Defined contribution plans
10,551,777 9,352,326 9,352,326
   

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