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TABLE
2. Employer Stock Held in Pension
Plans: Comparison by Plan Type and Size of Plan |
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| Based on
federal Form 5500 data for all large pension plans (100+ participants) for
FY98 (latest data available) |
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| from
Pension and Welfare Benefits Administration, U.S. Department of Labor.
Excludes terminated plans and those not reporting assets. |
| Compiled
by Prof. Douglas Kruse, School of Management and Labor Relations, Rutgers
University, Feb. 2002 |
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Number of |
Number of |
Total employer |
Employer |
Total plan |
Employer stock |
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|
plans |
participants |
stock held by |
stock per |
assets |
as pct.of |
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plans (millions) |
participant |
(millions) |
total assets |
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| |
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|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
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| All defined contribution plans |
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All |
|
50,769 |
50,933,238 |
$330,529.6 |
$6,489 |
$1,671,703.6 |
19.8% |
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|
Less
than 5000 participants |
49,225 |
23,978,346 |
$53,408.5 |
$2,227 |
$610,788.8 |
8.7% |
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|
5000+ participants |
|
1,544 |
26,954,892 |
$277,121.1 |
$10,281 |
$1,060,914.8 |
26.1% |
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| ESOP
non-401(k) plans |
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All |
|
2,056 |
3,170,045 |
$53,677.1 |
$16,933 |
$69,635.8 |
77.1% |
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Less
than 5000 participants |
1,964 |
1,054,331 |
$23,146.5 |
$21,954 |
$31,523.9 |
73.4% |
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5000+ participants |
|
92 |
2,115,714 |
$30,530.6 |
$14,430 |
$38,111.8 |
80.1% |
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| ESOP
401(k) plans |
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All |
|
613 |
4,757,356 |
$129,609.8 |
$27,244 |
$332,712.8 |
39.0% |
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Less
than 5000 participants |
452 |
441,996 |
$10,354.0 |
$23,426 |
$23,681.0 |
43.7% |
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5000+ participants |
|
161 |
4,315,360 |
$119,255.8 |
$27,635 |
$309,031.8 |
38.6% |
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| Non-ESOP 401(k)'s with employer stock |
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All |
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2,275 |
11,037,790 |
$132,899.4 |
$12,040 |
$472,176.1 |
28.1% |
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Less
than 5000 participants |
1835 |
2,236,178 |
$16,728.6 |
$7,481 |
$84,036.2 |
19.9% |
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5000+ participants |
|
440 |
8,801,612 |
$116,170.8 |
$13,199 |
$388,139.8 |
29.9% |
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| Non-ESOP 401(k)'s without employer stock |
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All |
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36,832 |
23,474,392 |
$0 |
$0 |
$567,223.1 |
0.0% |
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Less
than 5000 participants |
36240 |
15,968,776 |
$0 |
$0 |
$350,299.6 |
0.0% |
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5000+ participants |
|
592 |
7,505,616 |
$0 |
$0 |
$216,923.5 |
0.0% |
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| Profit sharing and other defined |
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| contribution plans with employer stock |
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| (non-ESOP
non-401(k)) |
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All |
|
355 |
1,377,825 |
$14,343.3 |
$10,410 |
$47,501.5 |
30.2% |
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Less
than 5000 participants |
296 |
265,268 |
$3,179.5 |
$11,986 |
$12,335.1 |
25.8% |
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5000+ participants |
|
59 |
1,112,557 |
$11,163.9 |
$10,034 |
$35,166.4 |
31.7% |
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| Profit sharing and other defined |
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| contribution plans without employer stock |
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All |
|
8,633 |
7,115,015 |
$0 |
$0 |
$182,432.0 |
0.0% |
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Less
than 5000 participants |
8433 |
4,010,982 |
$0 |
$0 |
$108,890.6 |
0.0% |
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5000+ participants |
|
200 |
3,104,033 |
$0 |
$0 |
$73,541.3 |
0.0% |
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| Note:
Employer stock figures include imputations of employer stock in
common/collective trusts based on 1996 spread files. |
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