Defined benefit retirement plans: 0pen and frozen plans

Table 4. Defined benefit retirement plans: Open and frozen plans,
private industry workers,  National Compensation Survey, March
2013

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

Characteristics

Open plans1

Frozen plans2

All workers

74

26

Worker characteristics

   

Management, professional, and related

69

31

    Management, business, and financial

68

32

    Professional and related

70

30

Service

87

13

    Protective service

54

46

Sales and office

71

29

    Sales and related

66

34

    Office and administrative support

72

28

Natural resources, construction, and maintenance

83

17

    Construction, extraction, farming, fishing, and
     forestry

95

5

    Installation, maintenance, and repair

70

30

Production, transportation, and material moving

76

24

    Production

70

30

    Transportation and material moving

81

19

Full time

73

27

Part time

81

19

Union

85

15

Nonunion

67

33

Average wage within the following categories:3

   

    Lowest 25 percent

76

24

        Lowest 10 percent

81

19

    Second 25 percent

75

25

    Third 25 percent

78

22

    Highest 25 percent

70

30

        Highest 10 percent

67

33

Establishment characteristics

   

Goods-producing industries

72

28

    Manufacturing

64

36

Service-providing industries

75

25

    Trade, transportation, and utilities

76

24

        Wholesale trade

60

40

        Retail trade

73

27

        Transportation and warehousing

84

16

        Utilities

86

14

    Information

43

57

    Financial activities

68

32

        Finance and insurance

68

32

            Credit intermediation and related activities

68

32

            Insurance carriers and related activities

74

26

    Professional and business services

81

19

    Education and health services

81

19

        Educational services

89

11

            Junior colleges, colleges, and universities

82

18

        Healthcare and social assistance

80

20

1 to 99 workers

79

21

    1 to 49 workers

78

22

    50 to 99 workers

79

21

100 workers or more

73

27

    100 to 499 workers

72

28

    500 workers or more

73

27

Geographic areas

   

New England

66

34

Middle Atlantic

81

19

East North Central

72

28

West North Central

73

27

South Atlantic

73

27

East South Central

71

29

West South Central

67

33

Mountain

70

30

Pacific

76

24

1Plans open to new participants.

3Surveyed occupations are classified into
wage categories based on the average wage for
the occupation, which may include workers with
earnings both above and below the threshold. 
The categories were formed using percentile
estimates generated using data from the National
Compensation Survey publication, "Employer
Costs for Employee Compensation - March 2013."

2Plans closed to new workers or plans that
cease accruals for some or all plan participants.


NOTE: Because of rounding, sums of individual
items may not equal totals. For definitions of major
plans, key provisions, and related terms, see the
"Glossary of Employee Benefit Terms" at
www.bls.gov/ncs/ebs/glossary20122013.htm.