Defined contribution retirement plans: Selected attributes

Table 8. Defined contribution retirement plans: Selected attributes, private
industry workers, March 2016
(All workers participating in defined contribution plans = 100 percent)
Characteristics Employee contribution Employee contribution
option
Required Not required Pretax Not pretax
All workers
68
32
82
18
Worker characteristics
       
Management, professional, and related
69
31
84
16
    Management, business, and financial
70
30
85
15
    Professional and related
67
33
83
17
Service
67
33
84
16
    Protective service
81
19
87
13
Sales and office
66
34
78
22
    Sales and related
67
33
74
26
    Office and administrative support
66
34
80
20
Natural resources, construction, and maintenance
64
36
81
19
    Construction, extraction, farming, fishing, and
     forestry
52
48
74
26
    Installation, maintenance, and repair
71
29
85
15
Production, transportation, and material moving
69
31
83
17
    Production
70
30
83
17
    Transportation and material moving
69
31
83
17
Full time
68
32
83
17
Part time
62
38
75
25
Union
67
33
81
19
Nonunion
68
32
82
18
Average wage within the following categories:1
       
    Lowest 25 percent
68
32
76
24
        Lowest 10 percent
68
32
74
26
    Second 25 percent
67
33
81
19
    Third 25 percent
67
33
83
17
    Highest 25 percent
68
32
84
16
        Highest 10 percent
70
30
85
15
Establishment characteristics
       
Goods-producing industries
66
34
81
19
    Construction
54
46
74
26
    Manufacturing
68
32
83
17
Service-providing industries
68
32
82
18
    Trade, transportation, and utilities
66
34
77
23
        Wholesale trade
77
23
88
12
        Retail trade
60
40
69
31
        Transportation and warehousing
64
36
80
20
        Utilities
79
21
93
7
    Information
82
18
92
8
    Financial activities
69
31
79
21
        Finance and insurance
70
30
78
22
            Credit intermediation and related activities
67
33
75
25
            Insurance carriers and related activities
74
26
83
17
        Real estate and rental and leasing
68
32
    Professional and business services
74
26
88
12
        Professional and technical services
70
30
86
14
        Administrative and waste services
79
21
88
12
    Education and health services
61
39
82
18
        Educational services
64
36
86
14
            Junior colleges, colleges, and universities
57
43
81
19
        Health care and social assistance
61
39
81
19
    Other services
58
42
84
16
1 to 99 workers
66
34
83
17
    1 to 49 workers
65
35
83
17
    50 to 99 workers
70
30
83
17
100 workers or more
68
32
81
19
    100 to 499 workers
69
31
82
18
    500 workers or more
68
32
81
19
Geographic areas
       
Northeast
66
34
85
15
    New England
65
35
84
16
    Middle Atlantic
66
34
85
15
South
71
29
81
19
    South Atlantic
68
32
79
21
    East South Central
78
22
85
15
    West South Central
74
26
82
18
Midwest
64
36
81
19
    East North Central
64
36
81
19
    West North Central
65
35
80
20
West
67
33
82
18
    Mountain
68
32
84
16
    Pacific
66
34
81
19
1Surveyed 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 wage data for March 2016.

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/glossary20152016.htm.

Source: Bureau of Labor Statistics, National Compensation Survey.