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to Employee Benefits in the United States
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Life insurance plans: Flat-dollar amount benefit formulas Standard Errors
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Table 21. Standard errors for life insurance plans: Flat-dollar amount benefit formulas,1
private industry workers, National Compensation Survey, March 2010
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Characteristics
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Flat dollar amounts2
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10th
percentile
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25th
percentile
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50th
percentile
(median)
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75th
percentile
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90th
percentile
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Management, professional, and related
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Management, business, and financial
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Office and administrative support
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Natural resources, construction, and maintenance
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Construction, extraction, farming, fishing, and
forestry
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Installation, maintenance, and repair
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Production, transportation, and material moving
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Transportation and material moving
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Average wage within the following categories:3
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Establishment characteristics
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Goods-producing industries
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Service-providing industries
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Trade, transportation, and utilities
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Transportation and warehousing
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Insurance carriers and related activities
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Education and health services
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Health care and social assistance
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Accommodation and food services
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1Includes participants in plans providing a fixed benefit amount. Dollar amounts can be a flat amount or can vary by the
employee’s earnings or length of service.
2The 10th, 25th, 50th, 75th, and 90th percentiles designate position within each published series. For example, at the 50th
percentile or median, half of participating workers receive the same as or more than the amount shown, and half receive the same as
or less than the amount shown. At the 25th percentile, one-fourth of participating workers receive the same or less than the amount
shown. The remaining percentiles follow the same logic.
3The categories are based on the average wage for each occupation surveyed, which may include workers with earnings both
above and below the threshold. The average wages are based on the estimates published in the "National Compensation Survey:
Occupational Earnings in the United States, 2009." See Technical Note for more details.
NOTE: For definitions of major plans, key provisions, and related terms, see the "Glossary of Employee Benefit Terms" at
www.bls.gov/ncs/ebs/glossary20092010.htm.
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