Retirement benefits: Access, participation, and take-up rates

Table 2. Retirement benefits: Access, participation, and take-up rates,1 private industry workers, March 2017
(All workers = 100 percent)
Characteristics All retirement benefits2 Defined benefit Defined contribution
Access Participation Take-up
rate
Access Participation Take-up
rate
Access Participation Take-up
rate
All workers
66
50
75
18
15
81
62
44
72
Worker characteristics
                 
Management, professional, and related
82
70
86
25
20
81
78
64
83
    Management, business, and financial
87
76
88
28
23
82
84
72
86
    Professional and related
79
67
84
23
19
80
75
60
81
Service
42
22
54
7
6
84
38
19
49
    Protective service
61
32
52
57
27
48
Sales and office
70
51
72
16
11
71
67
47
70
    Sales and related
67
41
61
11
7
59
63
38
59
    Office and administrative support
72
57
79
19
14
75
69
53
77
Natural resources, construction, and maintenance
63
48
77
22
21
96
57
41
72
    Construction, extraction, farming, fishing, and
     forestry
58
45
78
24
23
98
48
35
72
    Installation, maintenance, and repair
67
51
76
20
19
94
65
47
72
Production, transportation, and material moving
71
53
75
22
19
83
63
44
70
    Production
74
56
76
21
17
83
71
51
71
    Transportation and material moving
68
50
74
24
20
84
56
39
69
Full time
77
60
78
22
18
83
73
54
75
Part time
38
21
56
8
5
65
33
17
53
Union
92
82
90
71
66
93
55
44
80
Nonunion
64
47
73
13
9
74
63
45
71
Average wage within the following categories:3
                 
    Lowest 25 percent
42
21
51
6
3
57
39
19
50
        Lowest 10 percent
33
14
41
4
2
55
30
12
39
    Second 25 percent
66
46
70
13
10
78
62
41
66
    Third 25 percent
78
64
81
23
19
85
73
56
77
    Highest 25 percent
88
77
88
35
29
84
82
70
84
        Highest 10 percent
89
81
90
35
28
81
85
74
87
Establishment characteristics
                 
Goods-producing industries
75
60
80
25
21
85
71
54
76
    Construction
55
43
78
18
17
98
48
35
74
    Manufacturing
84
67
80
28
23
81
81
62
76
Service-providing industries
65
48
74
17
13
80
60
43
71
    Trade, transportation, and utilities
75
51
67
18
13
73
67
43
65
        Wholesale trade
77
63
82
11
10
90
74
59
80
        Retail trade
71
40
56
14
7
54
64
34
54
        Transportation and warehousing
82
65
79
34
29
85
64
47
74
        Utilities
97
94
97
76
67
88
97
82
85
    Information
89
80
90
38
35
92
89
75
84
    Financial activities
84
74
88
38
29
76
83
71
85
        Finance and insurance
92
84
91
48
36
75
91
80
88
            Credit intermediation and related activities
94
84
90
47
33
70
93
81
87
            Insurance carriers and related activities
89
82
92
48
42
88
89
78
88
        Real estate and rental and leasing
59
43
74
7
7
94
58
41
71
    Professional and business services
61
48
80
13
11
78
59
46
77
        Professional and technical services
77
66
86
14
11
81
76
63
84
        Administrative and waste services
39
25
64
5
4
86
37
23
62
    Education and health services
72
57
79
17
15
84
67
50
75
        Educational services
72
64
89
16
14
85
63
54
86
            Junior colleges, colleges, and universities
88
78
89
16
11
68
85
74
88
        Health care and social assistance
72
56
77
17
15
84
68
50
73
    Leisure and hospitality
33
14
43
4
4
100
30
11
37
        Accommodation and food services
31
12
38
3
3
100
29
10
33
    Other services
48
36
75
10
10
96
43
30
71
1 to 99 workers
53
37
71
9
7
81
50
35
69
    1 to 49 workers
49
34
71
7
6
82
47
32
69
    50 to 99 workers
65
46
70
14
11
79
60
41
68
100 workers or more
83
65
78
29
24
81
76
56
74
    100 to 499 workers
79
58
73
20
16
79
72
51
70
    500 workers or more
89
76
85
43
36
83
83
66
79
Geographic areas
                 
Northeast
68
55
80
22
18
84
62
48
77
    New England
71
55
78
19
16
84
66
50
75
    Middle Atlantic
67
54
81
23
19
83
60
47
78
South
67
47
71
17
13
79
63
43
68
    South Atlantic
68
50
74
20
15
78
63
45
71
    East South Central
68
44
64
14
11
77
66
40
61
    West South Central
65
45
69
14
12
83
62
41
66
Midwest
70
53
75
19
15
83
67
48
71
    East North Central
70
52
75
19
16
85
66
47
71
    West North Central
72
54
75
17
13
79
68
49
71
West
60
46
77
16
12
78
56
41
74
    Mountain
63
47
75
12
9
75
60
44
73
    Pacific
58
45
78
17
14
79
54
40
74
1The take-up rate is an estimate of the percentage of workers with access to a plan who participate in the plan, rounded for presentation.
2Includes defined benefit pension plans and defined contribution retirement plans. Workers are considered as having access or as participating if they have access to or are participating
in at least one of these plan types.
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 wage data for March 2017.

Note: 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/glossary20162017.htm.

Source: Bureau of Labor Statistics, National Compensation Survey.