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This year's data marks a milestone in the changing retirement landscape. For the first time in the more than three decades since Pensions & Investments began tracking the largest U.S. retirement plans, not a single corporate name appears in the ranking of the 10 largest defined benefit pension plans.
General Motors Co., was the final company to rank among the top 10 DB retirement plans. But GM transferred
Overall this year, 32.1% of all assets in the top 1,000 plans and 26.5% of the top 200 were in defined contribution plans.
The Federal Retirement Thrift Savings Plan, California Public Employees' (CalPERS), California State Teachers' (CalSTRS),
The largest corporate plan in the survey was Boeing Co., with
The Top 200 plans hold 72.6% of the total assets among the largest 1,000.
Pensions & Investments' 1,000 largest U.S. retirement funds issue includes rankings of the largest retirement plans by size and an additional 40 rankings by investment strategy, type of plan and other categories.
The latest data from the P&I 1,000 survey is now in the
"While significant gains in equities helped retirement assets reach an all-time high, defined contribution plans continued to grow at a faster pace," says
"Within defined contribution plans, target-date assets continued to grow at a brisk pace, but since they account for less than 15% of total assets, there is still plenty of room for continued growth," he added.
The data for the Top 1,000 retirement funds are compiled through a rigorous process of detailed surveys completed by the funds, as well as research by P&I editors and reporters.
About Pensions & Investments
Since 1973, Pensions & Investments has been the leading resource for industry investment data, analysis and news. With unmatched integrity and professionalism, Pensions & Investments consistently delivers news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Written for pension, portfolio and investment management executives at the hub of this market, Pensions & Investments provides its audience with timely and incisive coverage of events affecting the money management business. Written by a worldwide network of reporters and correspondents, Pensions & Investments' coverage includes business and financial news, legislative reports, global investments, product development, portfolio management, risk management, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money.
The Research Center is an interactive online platform of key institutional investment data compiled and verified by the Pensions & Investments editorial team. Most of the information in the Research Center comes directly from the respective organizations in response to P&I questionnaires. Data from the P&I questionnaires is supplemented from information contained in public filings and other sources.
SOURCE Pensions & Investments