Table 9. Defined benefit plans: Availability and eligibility requirements for open plans, private industry workers, 2017 (All workers participating in defined benefit plans = 100 percent)
Characteristics |
Plans open to
new employees |
Open to new employees |
Plans not
open to new
employees |
Not
determinable |
Minimum
age and
service
requirement |
Minimum
age only
requirement |
Minimum
service only
requirement |
No minimum
age or service
requirement |
Age and
service
requirement not
determinable |
Worker characteristics
|
|
All workers |
53 |
22 |
- |
20 |
10 |
- |
47 |
- |
Management, professional, and related |
50 |
29 |
- |
12 |
- |
- |
50 |
- |
Management, business, and financial |
49 |
27 |
- |
14 |
7 |
- |
51 |
- |
Professional and related |
51 |
30 |
- |
10 |
- |
- |
49 |
- |
Service |
60 |
- |
- |
37 |
- |
- |
40 |
- |
Sales and office |
49 |
25 |
- |
16 |
- |
- |
51 |
- |
Sales and related |
52 |
- |
- |
- |
- |
- |
48 |
- |
Office and administrative support |
48 |
25 |
- |
16 |
- |
- |
52 |
- |
Natural resources, construction, and maintenance |
68 |
7 |
- |
39 |
21 |
- |
32 |
- |
Construction, extraction, farming, fishing, and
forestry |
83 |
- |
- |
62 |
19 |
- |
- |
- |
Installation, maintenance, and repair |
52 |
- |
- |
- |
22 |
- |
48 |
- |
Production, transportation, and material moving |
52 |
16 |
- |
21 |
14 |
- |
48 |
- |
Production |
39 |
- |
- |
- |
- |
- |
61 |
- |
Transportation and material moving |
60 |
17 |
- |
29 |
- |
- |
40 |
- |
Full time |
51 |
19 |
- |
21 |
11 |
- |
49 |
- |
Part time |
70 |
45 |
- |
- |
- |
- |
30 |
- |
Union |
60 |
15 |
- |
33 |
11 |
- |
40 |
- |
Nonunion |
49 |
26 |
- |
12 |
10 |
- |
51 |
- |
Average wage within the following categories: |
|
Lowest 25 percent |
50 |
37 |
- |
- |
- |
- |
50 |
- |
Second 25 percent |
58 |
23 |
- |
30 |
- |
- |
42 |
- |
Third 25 percent |
52 |
24 |
- |
17 |
10 |
- |
48 |
- |
Highest 25 percent |
53 |
18 |
- |
21 |
13 |
- |
47 |
- |
Highest 10 percent |
56 |
22 |
- |
18 |
- |
- |
44 |
- |
Establishment characteristics
|
|
Goods-producing industries |
55 |
- |
- |
22 |
24 |
- |
45 |
- |
Construction |
92 |
- |
- |
60 |
32 |
- |
- |
- |
Manufacturing |
35 |
- |
- |
- |
15 |
- |
65 |
- |
Service-providing industries |
53 |
26 |
- |
20 |
6 |
- |
47 |
- |
Trade, transportation, and utilities |
52 |
26 |
- |
19 |
- |
- |
48 |
- |
Wholesale trade |
42 |
- |
- |
- |
- |
- |
58 |
- |
Transportation and warehousing |
53 |
- |
- |
31 |
- |
- |
47 |
- |
Utilities |
78 |
40 |
- |
- |
12 |
- |
22 |
- |
Information |
- |
- |
- |
- |
- |
- |
69 |
- |
Financial activities |
59 |
20 |
- |
28 |
11 |
- |
41 |
- |
Finance and insurance |
55 |
22 |
- |
26 |
- |
- |
45 |
- |
Credit intermediation and related activities |
53 |
- |
- |
37 |
- |
- |
47 |
- |
Insurance carriers and related activities |
63 |
36 |
- |
- |
- |
- |
37 |
- |
Professional and business services |
40 |
- |
- |
- |
- |
- |
60 |
- |
Education and health services |
64 |
42 |
- |
15 |
- |
- |
36 |
- |
Educational services |
48 |
- |
- |
- |
- |
- |
52 |
- |
Health care and social assistance |
65 |
46 |
- |
16 |
- |
- |
- |
- |
1 to 99 workers |
70 |
- |
- |
22 |
- |
- |
30 |
- |
1 to 49 workers |
74 |
- |
- |
20 |
- |
- |
26 |
- |
50 to 99 workers |
58 |
- |
- |
26 |
- |
- |
42 |
- |
100 workers or more |
49 |
19 |
- |
20 |
10 |
- |
51 |
- |
100 to 499 workers |
56 |
24 |
- |
24 |
- |
- |
44 |
- |
500 workers or more |
45 |
16 |
- |
18 |
11 |
- |
55 |
- |
Geographic areas
|
|
Northeast |
70 |
36 |
- |
23 |
9 |
- |
30 |
- |
New England |
74 |
- |
- |
- |
- |
- |
- |
- |
Middle Atlantic |
68 |
30 |
- |
- |
11 |
- |
32 |
- |
South |
39 |
9 |
- |
20 |
- |
- |
61 |
- |
South Atlantic |
45 |
- |
- |
26 |
- |
- |
55 |
- |
East South Central |
23 |
- |
- |
- |
- |
- |
77 |
- |
West South Central |
- |
5 |
- |
- |
- |
- |
63 |
- |
Midwest |
56 |
19 |
- |
20 |
17 |
- |
44 |
- |
East North Central |
55 |
16 |
- |
19 |
19 |
- |
45 |
- |
West North Central |
60 |
25 |
- |
22 |
13 |
- |
40 |
- |
West |
45 |
- |
- |
19 |
- |
- |
55 |
- |
Mountain |
34 |
- |
- |
- |
- |
- |
66 |
- |
Pacific |
50 |
- |
- |
19 |
- |
- |
50 |
- |
Last Modified Date: May 15, 2018
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