Corporate defined contribution assets soon will overtake those of corporate defined benefit plans, but a wide gap remains between public DB and DC assets.
In Pensions & Investments' universe of the 200 largest retirement plans, corporate defined benefit assets totaled $1.187 trillion as of Sept. 30. Defined contribution assets totaled $1.102 trillion — a difference of $85 billion.
Among public retirement plans in the top 200 ranking, defined benefit assets still outpace defined contribution assets by a wide margin, $3.204 trillion to $189.7 billion.
