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Employee Benefits Survey
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Table 9. Standard errors for defined benefit plans: Availability and eligibility requirements for open plans, private industry workers, 2017
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

3.6 3.2 - 2.3 1.6 - 3.6 -

Management, professional, and related

6.0 6.0 - 2.0 - - 6.0 -

Management, business, and financial

5.9 6.0 - 3.4 1.7 - 5.9 -

Professional and related

7.2 7.1 - 1.8 - - 7.2 -

Service

9.0 - - 10.3 - - 9.0 -

Sales and office

4.3 3.2 - 3.1 - - 4.3 -

Sales and related

8.5 - - - - - 8.5 -

Office and administrative support

4.9 3.1 - 3.5 - - 4.9 -

Natural resources, construction, and maintenance

5.3 2.2 - 5.4 4.0 - 5.3 -

Construction, extraction, farming, fishing, and forestry

5.2 - - 6.2 4.9 - - -

Installation, maintenance, and repair

6.8 - - - 6.3 - 6.8 -

Production, transportation, and material moving

6.2 3.6 - 5.0 3.4 - 6.2 -

Production

9.6 - - - - - 9.6 -

Transportation and material moving

7.8 4.2 - 7.1 - - 7.8 -

Full time

3.8 3.0 - 2.5 1.7 - 3.8 -

Part time

5.6 6.9 - - - - 5.6 -

Union

5.3 3.0 - 4.7 2.4 - 5.3 -

Nonunion

5.0 4.8 - 1.7 2.3 - 5.0 -

Average wage within the following categories(1):

Lowest 25 percent

7.3 7.5 - - - - 7.3 -

Second 25 percent

5.8 4.2 - 7.7 - - 5.8 -

Third 25 percent

4.9 5.4 - 2.8 2.0 - 4.9 -

Highest 25 percent

4.8 3.6 - 2.7 2.6 - 4.8 -

Highest 10 percent

6.8 5.8 - 3.7 - - 6.8 -

Establishment characteristics

Goods-producing industries

6.2 - - 3.6 4.8 - 6.2 -

Construction

2.3 - - 5.4 6.1 - - -

Manufacturing

8.2 - - - 4.3 - 8.2 -

Service-providing industries

4.3 3.9 - 2.8 1.2 - 4.3 -

Trade, transportation, and utilities

5.6 4.0 - 4.0 - - 5.6 -

Wholesale trade

11.8 - - - - - 11.8 -

Transportation and warehousing

10.8 - - 7.9 - - 10.8 -

Utilities

6.6 9.2 - - 2.5 - 6.6 -

Information

- - - - - - 11.3 -

Financial activities

4.2 2.4 - 3.5 3.1 - 4.2 -

Finance and insurance

4.8 2.5 - 5.0 - - 4.8 -

Credit intermediation and related activities

6.4 - - 8.1 - - 6.4 -

Insurance carriers and related activities

5.0 6.4 - - - - 5.0 -

Professional and business services

11.2 - - - - - 11.2 -

Education and health services

9.8 12.0 - 3.1 - - 9.8 -

Educational services

11.1 - - - - - 11.1 -

Health care and social assistance

10.7 13.0 - 3.7 - - - -

1 to 99 workers

5.9 - - 4.5 - - 5.9 -

1 to 49 workers

6.5 - - 5.5 - - 6.5 -

50 to 99 workers

10.0 - - 7.5 - - 10.0 -

100 workers or more

3.9 2.8 - 3.0 1.8 - 3.9 -

100 to 499 workers

5.9 4.6 - 3.8 - - 5.9 -

500 workers or more

4.4 3.0 - 4.0 2.8 - 4.4 -

Geographic areas

Northeast

6.8 7.4 - 5.9 2.3 - 6.8 -

New England

9.7 - - - - - - -

Middle Atlantic

8.7 5.8 - - 2.8 - 8.7 -

South

5.7 2.7 - 3.0 - - 5.7 -

South Atlantic

7.5 - - 4.4 - - 7.5 -

East South Central

6.5 - - - - - 6.5 -

West South Central

- 1.5 - - - - 12.3 -

Midwest

5.7 3.4 - 3.9 2.8 - 5.7 -

East North Central

7.3 3.7 - 4.8 3.4 - 7.3 -

West North Central

6.3 6.7 - 5.5 3.5 - 6.3 -

West

8.5 - - 4.5 - - 8.5 -

Mountain

9.6 - - - - - 9.6 -

Pacific

10.7 - - 5.1 - - 10.7 -

Footnotes:
(1) Surveyed 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 2017."

Note: Dashes indicate that no data were reported or that data do 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: U.S. Bureau of Labor Statistics, National Compensation Survey.

 

Last Modified Date: May 15, 2018