Table 4. Defined benefit retirement plans: Open and frozen plans, private industry workers, National Compensation Survey, March 2013
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(All workers participating in defined benefit plans = 100 percent)
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Characteristics
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Open plans1
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Frozen plans2
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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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Credit intermediation and related activities
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Insurance carriers and related activities
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Professional and business services
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Education and health services
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Junior colleges, colleges, and universities
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Healthcare and social assistance
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1Plans open to new participants.
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3Surveyed occupations are classified into wage categories based on the average wage for the occupation, which may include workers with earnings both above and below the threshold. The categories were formed using percentile estimates generated using data from the National Compensation Survey publication, "Employer Costs for Employee Compensation - March 2013."
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2Plans closed to new workers or plans that cease accruals for some or all plan participants.
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NOTE: Because of rounding, sums of individual items may not equal totals. For definitions of major plans, key provisions, and related terms, see the "Glossary of Employee Benefit Terms" at www.bls.gov/ncs/ebs/glossary20122013.htm.
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