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Standard Errors
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Table 5. Standard errors for defined benefit frozen retirement plans:1 | |||||||||||
Characteristics |
Retirement benefit accrual2 |
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All existing |
Some |
No existing |
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All workers |
1.9 |
1.3 |
1.8 |
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Worker characteristics |
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Management, professional, and related |
3.0 |
2.6 |
2.4 |
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Management, business, and financial |
3.2 |
2.0 |
2.9 |
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Professional and related |
3.7 |
– |
– |
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Service |
8.7 |
– |
– |
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Protective service |
7.3 |
– |
7.3 |
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Sales and office |
3.0 |
1.4 |
2.9 |
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Office and administrative support |
3.0 |
1.2 |
2.9 |
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Natural resources, construction, and maintenance |
4.0 |
1.2 |
3.8 |
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Construction, extraction, farming, fishing, and |
8.5 |
– |
– |
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Installation, maintenance, and repair |
4.8 |
1.5 |
4.4 |
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Production, transportation, and material moving |
4.1 |
2.0 |
4.2 |
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Production |
4.3 |
1.8 |
4.1 |
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Transportation and material moving |
6.3 |
3.6 |
6.9 |
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Full time |
1.9 |
1.4 |
1.8 |
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Part time |
4.8 |
– |
– |
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Union |
4.2 |
– |
– |
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Nonunion |
2.2 |
1.6 |
2.0 |
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Average wage within the following categories:3 |
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Lowest 25 percent |
5.9 |
– |
– |
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Lowest 10 percent |
– |
– |
11.7 |
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Second 25 percent |
3.5 |
1.4 |
3.4 |
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Third 25 percent |
3.2 |
1.5 |
3.1 |
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Highest 25 percent |
2.6 |
2.1 |
2.0 |
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Highest 10 percent |
3.4 |
2.6 |
2.6 |
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Establishment characteristics |
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Goods-producing industries |
3.1 |
2.0 |
2.8 |
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Manufacturing |
3.0 |
2.0 |
2.8 |
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Service-providing industries |
2.3 |
1.7 |
2.2 |
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Trade, transportation, and utilities |
3.8 |
– |
– |
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Wholesale trade |
8.4 |
– |
– |
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Retail trade |
4.7 |
– |
– |
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Utilities |
1.4 |
– |
– |
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Information |
6.4 |
– |
– |
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Financial activities: |
5.6 |
3.0 |
5.2 |
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Professional and business services |
8.4 |
– |
– |
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Education and health services |
3.2 |
1.6 |
2.5 |
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Educational services |
10.1 |
– |
– |
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Junior colleges, colleges, and universities |
10.2 |
– |
– |
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Health care and social assistance |
3.3 |
1.7 |
2.6 |
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1 to 99 workers |
4.8 |
1.3 |
4.7 |
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1 to 49 workers |
6.4 |
2.1 |
6.1 |
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50 to 99 workers |
8.6 |
– |
– |
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100 workers or more |
2.2 |
1.5 |
1.8 |
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100 to 499 workers |
3.6 |
1.8 |
3.3 |
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500 workers or more |
2.8 |
2.1 |
2.4 |
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Geographic areas |
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New England |
8.3 |
0.8 |
8.3 |
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Middle Atlantic |
3.6 |
1.5 |
3.9 |
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East North Central |
4.4 |
– |
– |
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West North Central |
9.5 |
– |
– |
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South Atlantic |
3.9 |
1.5 |
3.6 |
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East South Central |
8.1 |
– |
– |
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West South Central |
4.3 |
1.9 |
3.7 |
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Pacific |
5.7 |
– |
– |
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