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Retirement & Pension Plans in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Retirement & Pension Plans Market Research Report | NAICS 52511 | Nov 2012

Savings shortfall: Baby boomers will strain payouts while unemployment limits contributions

IBISWorld’s Retirement & Pension Plans market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1tr
Annual Growth 07-12
10.0%
Annual Growth 12-17
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Profit
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Employment
2,271
Businesses
107,232
Industry Analysis & Industry Trends

No easy retirement

Retirement and pension plans suffered a sharp setback during the subprime credit crisis, when industry assets crashed. Plan sponsors, still recovering, now have several new issues to contend with. Among these is the growing number of aging and retiring baby boomers, who are due to receive pension payments. However, many pension plans (and Social Security) are severely underfunded. As a result, most plans are becoming defined contribution plans, which shift responsibility to the individual... purchase to read more

Industry Report - Industry Key Buyers Chapter

The US Retirement and Pension Plans industry concentration is relatively low. Within this report, major players are listed by the actual retirement plan funds. Consequently, concentration is based on the level of asset reserves. In 2012, the top four retirement funds are expected to account for about 11.0% of industry assets or $975.9 billion.

Asset reserves fluctuate with investment returns. Revenue within this industry is calculated by adding total contributions to investment income or losses. Investment returns are the single biggest component of income, so declines in the financial markets generally lead to a drop in asset reserves... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Retirement & Pension Plans Industry?

The industry comprises legal entities (e.g. funds and plans) that provide retirement saving and income benefits exclusively for the sponsor's employees or members. Plans can be based on defined benefit or defined contribution. Revenue in this industry refers to total contributions plus net investment income or losses, while establishments refer to the number of funds. Fees from portfolio management, custodial operations or other third-party services are not included in this report.

Industry Products
401(k) plans403(b) and 457 plansOther defined contribution plansPrivate defined benefit plansState and local government defined benefit plansFederal defined benefit plansAnnuities
 
Industry Activities
Simplified employee-pension plans (SEPs)Profit sharing plansEmployee stock-ownership plans (ESOPs)401(k), 403(b); and 457 plansDefined benefit plansDefined contribution plans


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