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Standard Errors
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Table 21. Standard errors for life insurance plans: Flat-dollar amount benefit formulas,1 | |||||||||||||||||
Characteristics |
Flat dollar amounts2 |
||||||||||||||||
10th |
25th |
50th |
75th |
90th |
|||||||||||||
All workers |
$0.00 |
$0.00 |
$3,567.37 |
$2,101.52 |
$0.00 |
||||||||||||
Worker characteristics |
|||||||||||||||||
Management, professional, and related |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||||||||||||
Management, business, and financial |
0.00 |
0.00 |
781.02 |
2,209.07 |
0.00 |
||||||||||||
Professional and related |
0.00 |
0.00 |
781.02 |
0.00 |
– |
||||||||||||
Service |
– |
0.00 |
– |
5,948.11 |
6,904.90 |
||||||||||||
Sales and office |
0.00 |
0.00 |
2,000.78 |
0.00 |
0.00 |
||||||||||||
Sales and related |
– |
0.00 |
0.00 |
– |
9,675.89 |
||||||||||||
Office and administrative support |
0.00 |
– |
0.00 |
3,415.14 |
0.00 |
||||||||||||
Natural resources, construction, and maintenance |
0.00 |
0.00 |
– |
1,104.54 |
0.00 |
||||||||||||
Construction, extraction, farming, fishing, and |
– |
1,352.77 |
4,132.80 |
0.00 |
8,552.85 |
||||||||||||
Installation, maintenance, and repair |
0.00 |
0.00 |
1,574.21 |
5,483.33 |
0.00 |
||||||||||||
Production, transportation, and material moving |
0.00 |
0.00 |
4,570.83 |
518.07 |
698.57 |
||||||||||||
Production |
0.00 |
2,850.47 |
3,143.56 |
3,255.10 |
1,249.64 |
||||||||||||
Transportation and material moving |
1,488.05 |
0.00 |
2,956.57 |
0.00 |
11,744.50 |
||||||||||||
Full time |
0.00 |
0.00 |
698.57 |
4,945.19 |
0.00 |
||||||||||||
Union |
0.00 |
0.00 |
3,297.92 |
3,586.77 |
0.00 |
||||||||||||
Nonunion |
0.00 |
0.00 |
2,231.05 |
0.00 |
0.00 |
||||||||||||
Average wage within the following categories:3 |
|||||||||||||||||
Lowest 25 percent |
– |
0.00 |
3,124.10 |
0.00 |
6,434.81 |
||||||||||||
Lowest 10 percent |
676.39 |
0.00 |
0.00 |
0.00 |
3,053.00 |
||||||||||||
Second 25 percent |
0.00 |
0.00 |
0.00 |
0.00 |
2,469.82 |
||||||||||||
Third 25 percent |
0.00 |
0.00 |
0.00 |
4,562.15 |
0.00 |
||||||||||||
Highest 25 percent |
0.00 |
390.51 |
0.00 |
0.00 |
13,080.24 |
||||||||||||
Highest 10 percent |
0.00 |
– |
– |
0.00 |
9,692.26 |
||||||||||||
Establishment characteristics |
|||||||||||||||||
Goods-producing industries |
0.00 |
– |
0.00 |
3,509.40 |
0.00 |
||||||||||||
Construction |
500.10 |
1,104.54 |
– |
0.00 |
5,411.10 |
||||||||||||
Manufacturing |
0.00 |
– |
0.00 |
3,572.28 |
0.00 |
||||||||||||
Service-providing industries |
0.00 |
0.00 |
4,376.01 |
312.41 |
0.00 |
||||||||||||
Trade, transportation, and utilities |
– |
0.00 |
0.00 |
0.00 |
0.00 |
||||||||||||
Wholesale trade |
0.00 |
2,285.08 |
5,739.34 |
– |
0.00 |
||||||||||||
Retail trade |
0.00 |
0.00 |
1,461.16 |
0.00 |
5,673.06 |
||||||||||||
Transportation and warehousing |
– |
0.00 |
614.98 |
– |
0.00 |
||||||||||||
Utilities |
0.00 |
0.00 |
– |
2,530.81 |
– |
||||||||||||
Information |
2,214.59 |
270.55 |
– |
– |
0.00 |
||||||||||||
Financial activities |
0.00 |
2,705.55 |
2,343.07 |
0.00 |
0.00 |
||||||||||||
Finance and insurance |
0.00 |
3,905.12 |
– |
0.00 |
0.00 |
||||||||||||
Credit intermediation and related activities |
1,600.62 |
2,209.07 |
– |
0.00 |
0.00 |
||||||||||||
Insurance carriers and related activities |
– |
2,705.55 |
10,906.42 |
0.00 |
0.00 |
||||||||||||
Real estate and rental and leasing |
0.00 |
– |
1,352.77 |
– |
4,418.14 |
||||||||||||
Professional and business services |
– |
1,352.77 |
5,896.61 |
– |
0.00 |
||||||||||||
Professional and technical services |
– |
781.02 |
1,352.77 |
0.00 |
– |
||||||||||||
Administrative and waste services |
0.00 |
– |
– |
6,100.00 |
3,220.25 |
||||||||||||
Education and health services |
873.21 |
0.00 |
781.02 |
– |
0.00 |
||||||||||||
Educational services |
0.00 |
– |
6,345.08 |
8,626.70 |
0.00 |
||||||||||||
Junior colleges, colleges, and universities |
0.00 |
2,922.33 |
5,121.52 |
0.00 |
0.00 |
||||||||||||
Healthcare and social assistance |
2,438.75 |
0.00 |
0.00 |
5,071.85 |
0.00 |
||||||||||||
Leisure and hospitality |
0.00 |
0.00 |
– |
3,313.61 |
– |
||||||||||||
Accommodation and food services |
0.00 |
0.00 |
– |
– |
4,058.32 |
||||||||||||
Other services |
0.00 |
1,352.77 |
1,104.54 |
2,066.40 |
7,964.92 |
||||||||||||
1 to 99 workers |
0.00 |
0.00 |
2,509.02 |
0.00 |
0.00 |
||||||||||||
1 to 49 workers |
0.00 |
312.41 |
– |
0.00 |
0.00 |
||||||||||||
50 to 99 workers |
0.00 |
0.00 |
841.19 |
0.00 |
0.00 |
||||||||||||
100 workers or more |
– |
0.00 |
0.00 |
3,157.12 |
0.00 |
||||||||||||
100 to 499 workers |
589.66 |
0.00 |
0.00 |
5,615.24 |
0.00 |
||||||||||||
500 workers or more |
– |
0.00 |
3,602.89 |
8,353.68 |
0.00 |
||||||||||||
Geographic areas |
|||||||||||||||||
New England |
– |
0.00 |
6,440.50 |
0.00 |
0.00 |
||||||||||||
Middle Atlantic |
– |
0.00 |
4,420.90 |
3,961.73 |
0.00 |
||||||||||||
East North Central |
0.00 |
0.00 |
– |
0.00 |
0.00 |
||||||||||||
West North Central |
0.00 |
0.00 |
– |
6,436.71 |
0.00 |
||||||||||||
South Atlantic |
0.00 |
1,332.33 |
3,905.12 |
2,006.49 |
0.00 |
||||||||||||
East South Central |
0.00 |
0.00 |
781.02 |
5,471.64 |
12,968.78 |
||||||||||||
West South Central |
2,072.29 |
3,024.90 |
3,579.11 |
220.91 |
7,963.39 |
||||||||||||
Mountain |
781.02 |
0.00 |
5,001.00 |
– |
0.00 |
||||||||||||
Pacific |
0.00 |
0.00 |
0.00 |
3,510.27 |
0.00 |
||||||||||||
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