Defined benefit frozen retirement plans: benefits accrual Data Table

Table 5. Defined benefit frozen retirement plans:1 Benefits accrual,
private industry workers,  National Compensation Survey, March 2009

(All workers participating in frozen defined benefit plans = 100 percent)

Characteristics

Retirement benefit accrual2

All existing
participants
continue to
accrue
benefits

Some
existing
participants
continue to
accrue
benefits

No existing
participants
continue to
accrue
benefits

All workers

75

6

19

Worker characteristics

      

Management, professional, and related

70

12

18

    Management, business, and financial

69

9

23

    Professional and related

70

–

–

Service

74

–

–

    Protective service

79

–

–

Sales and office

83

4

13

    Sales and related

90

2

8

    Office and administrative support

78

5

17

Natural resources, construction, and maintenance

85

3

12

    Construction, extraction, farming, fishing, and
     forestry

90

–

–

    Installation, maintenance, and repair

84

4

12

Production, transportation, and material moving

70

–

–

    Production

68

–

–

    Transportation and material moving

74

–

–

Full time

74

7

19

Part time

86

–

–

Union

84

–

–

Nonunion

72

7

21

Wage percentiles:3

      

    Lowest 10 percent

75

–

–

    Lowest 25 percent

84

–

–

    Second 25 percent

71

4

25

    Third 25 percent

72

5

23

    Highest 25 percent

74

10

16

    Highest 10 percent

72

13

15

Establishment characteristics

      

Goods-producing industries

68

8

24

    Manufacturing

68

8

24

Service-providing industries

77

6

17

    Trade, transportation, and utilities

90

–

–

        Wholesale trade

84

–

–

        Retail trade

93

–

7

        Transportation and warehousing

85

–

–

        Utilities

89

–

–

    Information

78

–

21

    Financial activities

61

7

32

        Finance and insurance

58

7

34

            Credit intermediation and related activities

64

–

–

            Insurance carriers and related activities

71

–

–

    Professional and business services

54

–

–

        Professional and technical services

–

69

–

    Education and health services

89

–

–

        Educational services

91

–

–

            Junior colleges, colleges, and universities

91

–

–

        Health care and social assistance

88

–

–

1 to 99 workers

72

4

24

    1 to 49 workers

77

3

20

    50 to 99 workers

67

–

–

100 workers or more

75

7

18

    100 to 499 workers

82

–

–

    500 workers or more

70

10

20

Geographic areas

      

New England

69

–

–

Middle Atlantic

69

–

30

East North Central

70

–

–

West North Central

66

–

–

South Atlantic

82

–

–

East South Central

73

–

–

West South Central

84

4

13

Mountain

85

–

–

Pacific

78

–

–

Footnotes:

1Plans closed to new workers or plans that cease accruals for some or all plan participants.

2Benefit accruals are for existing participants since the plan was closed to new workers or stopped
accruing benefits.

3The percentile groupings are based on the average wage for each occupation surveyed, which may
include workers both above and below the threshold. The percentile values are based on the estimates
published in the "National Compensation Survey: Occupational Earnings in the United States, 2008." See
Technical Note for more details.

NOTE: Because of rounding, sums of individual items may not equal totals. Dash indicates no workers in this
category or data did not meet publication criteria. For definitions of major plans, key provisions, and related
terms, see the "Glossary of Employee Benefit Terms" at www.bls.gov/ncs/ebs/glossary20082009.htm.