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CCH's Law, Explanation and Analysis of Health Care Reform Legislation 2009

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CCH® PENSION AND BENEFITS — 5/4/07

EBSA report shows increase in retirement plan assets to $4.7 trillion in 2004

The Employee Benefits Security Administration (EBSA) has released a report, entitled “Private Pension Plan Bulletin: Abstract of 2004 Form 5500 Annual Reports,” which reveals that pension plan assets rose in 2004, to $4.7 trillion. In addition, EBSA states in the report that, “Over the past three decades, as the private pension system has shifted from defined benefit plans toward 401(k)-type defined contribution plans, the financing of benefits has shifted from employers to participants.”

Other findings from Form 5500 series annual reports for the 2004 plan year include the following:

For more information on this and related topics, consult the CCH Pension Plan Guide.

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