Savings and thrift plans in small private establishments

June 11, 1999

In small private establishments in 1996, about a quarter of full-time workers participated in savings and thrift plans. Participation in these plans varied by occupation—blue-collar and service employees were the least likely to participate.

Participation in savings and thrift plans, full-time employees, small private establishments, 1996
[Chart data—TXT]

In 1996, 32 percent of professional and technical employees and 29 percent of clerical and sales employees participated in a savings and thrift plan. Only 16 percent of blue-collar and service employees were participants in such a plan.

In savings and thrift plans, employees may contribute a predetermined portion of earnings to an account. Savings and thrift plans allow employees to choose from a range of contribution rates. The average maximum contribution for all occupations in 1996 was 14 percent.

The Employee Benefits Survey produces data on participation on a variety of non-wage compensation items. More information on benefits in small firms is available in Employee Benefits in Small Private Establishments, 1996 BLS Bulletin 2507, (PDF 530K).


Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Savings and thrift plans in small private establishments on the Internet at (visited September 27, 2016).


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