Table S-34 PBGC-Insured Hybrid Plans by Plan Size (2001-2004)
Single-Employer Program
Beginningof Year |
TOTAL INSURED PLANS | INSURED PLANS WITH 5,000 OR MORE PARTICIPANTS |
INSURED PLANS WITH 1,000 - 4,999 PARTICIPANTS | INSURED PLANS WITH LESS THAN 1,000 PARTICIPANTS |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Plans |
Hybrid Plans |
Percent Plans |
Total Plans | Hybrid Plans | Percent Plans | Total Plans | Hybrid Plans | Percent Plans | Total Plans | Hybrid Plans | Percent Plans | |
| 2001 | 32,954 | 1,227 | 3.7% | 1,166 | 256 | 22.0% | 2,787 | 290 | 10.4% | 29,001 | 681 | 2.3% |
| 2002 | 31,229 | 1,308 | 4.2% | 1,137 | 263 | 23.1% | 2,671 | 310 | 11.6% | 27,421 | 735 | 2.7% |
| 2003 | 30,611 | 1,541 | 5.0% | 1,135 | 303 | 26.7% | 2,569 | 326 | 12.7% | 26,907 | 912 | 3.4% |
| 2004 | 30,148 | 1,794 | 6.0% | 1,137 | 346 | 30.5% | 2,478 | 333 | 13.4% | 26,533 | 1,115 | 4.2% |
Source: Internal Revenue Service Form 5500 Series Filings for single-employer plans.
Hybrid plans incorporate elements of both defi ned benefit and defined contribution plans but are treated as defi ned benefi t plans. They often
express benefi ts in terms of an account balance. The two most common types of hybrid plans are Cash Balance Plans and Pension Equity Plans.
2004 fi gures are estimates from PBGC internal calculations. 2003 fi gures reported last year have been updated to reflect actual Form 5500 fi lings.