Number of Participants by type of plan and method of funding, 1993 (numbers in thousands) |
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Method of Funding | Total Plans | Single Employer Plans1/ | Multiemployer Plans2/ | ||||||
Total | Defined Benefit | Defined Contribution | Total | Defined Benefit | Defined Contribution | Total | Defined Benefit | Defined Contribution | |
Funding arrangement for investment of assets: | |||||||||
Total | 83,870 | 40,267 | 43,603 | 73,770 | 32,151 | 41,619 | 10,100 | 8,116 | 1,983 |
Trust | 50,062 | 24,347 | 25,715 | 44,255 | 19,923 | 24,333 | 5,807 | 4,424 | 1,383 |
Insurance | 911 | 494 | 417 | 899 | 491 | 409 | 12 | 3 | 8 |
Trust and insurance | 31,883 | 14,981 | 16,902 | 27,601 | 11,291 | 16,310 | 4,281 | 3,689 | 592 |
Other | 1,014 | 446 | 568 | 1,014 | 446 | 568 | - | - | - |
Funding arrangement for payment of benefits: | |||||||||
Total | 83,870 | 40,267 | 43,603 | 73,770 | 32,151 | 41,619 | 10,100 | 8,116 | 1,983 |
Trust | 58,136 | 27,049 | 31,088 | 50,682 | 21,276 | 29,407 | 7,454 | 5,773 | 1,681 |
Insurance | 3,488 | 1,551 | 1,937 | 3,379 | 1,475 | 1,904 | 109 | 76 | 33 |
Trust and insurance | 21,231 | 11,219 | 10,012 | 18,697 | 8,951 | 9,746 | 2,534 | 2,268 | 266 |
Other | 1,015 | 449 | 566 | 1,011 | 449 | 562 | 4 | - | 4 |
1/Includes single employer plans, plans of controlled groups of corporations and multiple-employer noncollectively bargained plans.
2/Includes multiemployer plans and multiple-employer collectively bargained plans.
NOTE: Plans with less than 100 participants are required to provide only the total participant count. For these plans, which cover approximately 10 percent of total pension plan participants, the distribution of active, retired, and separated vested participants was assumed to be the same as for larger plans within each category of plan (i.e., single, multiemployer, defined benefit, defined contribution).
SOURCE: Form 5500 series reports filed with the Internal Revenue Service for 1993 plan years.