During the survey period, assets of the defined benefit pension plans in the top 1,000 rose 4.9% to a total of
“Each year, this survey drives home the point that the money being saved for retirement in the
Among the 200 largest retirement plans, assets totaled
The survey showed a large gap between the number of corporate and public funds reporting double digit asset growth. Twenty-five of the 100 corporations in the top 200 saw their assets grow by 10% or more, while only four of the 77 public plans did. (The remaining funds are union or miscellaneous plans.) Consultants cited the generally longer duration of corporate pension funds’ fixed-income programs as the reason for that outperformance.
All five of the largest retirement plans in the country are public plans. The ranking of the five largest retirement plans remained unchanged from last year.
The Federal Retirement Thrift Savings Plan, based in
Rounding out the top five were the
The largest corporate retirement plan remains
The largest union plan remains the
Pensions & Investments has compiled the survey of the 1,000 largest plans since 1979. The newspaper began tracking assets of the 100 largest plans in 1974, when they were all defined benefit plans. The survey involves reporting, data gathering and verification by the news organization’s entire
Questionnaires were sent to more than 1,300 fund sponsors in P&I’s database. The largest 1,000 were identified from completed questionnaires, follow-up phone calls and emails, and database searches.
Data for funds that did not respond were culled from published annual reports and Form 5500s filed with the
Keywords for this news article include: Finance and Investment, Pensions & Investments.
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