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Employee Benefits Survey
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Defined benefit frozen retirement plans: Selected attributes

Table 6. Defined benefit frozen retirement plans:1 Selected attributes,
private industry workers,  National Compensation Survey, March 2011

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

Characteristics

Time since plan closed to new workers or
stopped accruing benefits

1 year

2 to 5 years

Greater than
5 years

All workers

4

58

38

Worker characteristics

     

Management, professional, and related

4

60

36

    Management, business, and financial

2

59

39

    Professional and related

5

60

34

Service

7

39

54

Sales and office

3

57

39

    Office and administrative support

5

59

37

Natural resources, construction, and maintenance

71

    Construction, extraction, farming, fishing, and
     forestry

73

    Installation, maintenance, and repair

70

Production, transportation, and material moving

57

    Production

4

65

32

    Transportation and material moving

48

52

Full time

4

58

38

Part time

6

53

41

Union

7

61

32

Nonunion

3

57

40

Average wage within the following categories:2

     

    Lowest 25 percent

59

    Second 25 percent

5

50

45

    Third 25 percent

5

55

41

    Highest 25 percent

3

62

34

        Highest 10 percent

2

63

35

Establishment characteristics

     

Goods-producing industries

58

    Manufacturing

58

Service-providing industries

4

58

38

    Trade, transportation, and utilities

57

43

        Wholesale trade

75

25

        Transportation and warehousing

84

    Information

63

    Financial activities:
       Finance and insurance:
           Insurance carriers and related activities

52

    Education and health services

46

        Educational services

73

            Junior colleges, colleges, and universities

73

        Health care and social assistance

45

1 to 99 workers

58

    1 to 49 workers

57

    50 to 99 workers

60

100 workers or more

4

58

38

    100 to 499 workers

3

57

40

    500 workers or more

5

58

36

Geographic areas

     

New England

55

Middle Atlantic

5

59

36

East North Central

52

West North Central

52

South Atlantic

59

East South Central

56

West South Central

67

1Plans 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. 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/glossary20102011.htm.

2The 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, 2010." See Technical Note for
more details.