Table 21. Defined benefit plans: Availability and eligibility requirements for open plans,1 private industry workers, National
Compensation Survey, 2014
(All workers participating in defined benefit plans = 100 percent)
Open to new employees
Characteristics
Plans open to
new
employees
Minimum
No minimum
Minimum
Minimum
age and
age or
age only
service only
service
service
requirement requirement
requirement
requirement
Age and
service
requirement
not
determinable
Plans not
open to new
employees
Not
determinable
Worker characteristics
All workers ...............................................................
57
14
–
25
16
–
43
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
47
50
45
69
62
63
61
77
12
–
–
–
22
31
19
–
–
–
–
–
–
–
–
–
17
11
21
51
26
29
24
42
15
17
13
–
–
–
–
26
–
–
2
–
2
( )
–
1
–
53
50
55
31
38
37
39
23
–
–
–
–
–
–
–
–
87
68
55
41
68
–
–
15
–
24
–
–
–
–
–
60
25
20
–
35
26
26
19
28
–
–
–
–
2
–
–
32
45
59
32
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
55
80
12
31
–
–
23
42
17
–
–
–
45
20
–
–
Union .......................................................................
Nonunion .................................................................
74
47
9
17
–
–
45
12
18
15
–
–
26
53
–
–
Average wage within the following categories3:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
82
90
57
59
54
49
23
–
22
15
10
–
–
–
–
–
–
–
53
–
24
24
23
17
–
–
–
19
18
17
–
–
1
–
–
–
18
–
43
41
46
51
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
50
88
37
–
–
–
–
–
–
20
66
–
24
–
24
–
–
–
50
–
63
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
60
72
69
72
72
78
44
62
61
50
81
48
58
17
23
–
28
–
–
–
28
30
–
36
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
27
33
–
–
37
–
–
24
21
–
23
–
33
13
13
–
–
–
30
–
9
10
–
20
–
13
–
–
–
–
–
–
–
–
–
–
–
1
2
40
28
–
28
28
–
56
38
39
50
19
52
42
–
–
–
–
–
–
–
–
–
–
–
–
–
68
54
42
–
–
–
–
38
–
–
–
–
32
46
–
–
Establishment characteristics
See footnotes at end of table.
Table 21. Defined benefit plans: Availability and eligibility requirements for open plans,1 private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in defined benefit plans = 100 percent)
Open to new employees
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Plans open to
new
employees
Minimum
No minimum
Minimum
Minimum
age and
age or
age only
service only
service
service
requirement requirement
requirement
requirement
Age and
service
requirement
not
determinable
Plans not
open to new
employees
Not
determinable
70
73
67
53
50
56
29
28
31
9
9
8
–
–
–
–
–
–
26
28
24
25
26
23
10
–
–
18
14
22
–
–
6
–
–
–
30
27
33
47
50
44
–
–
–
–
–
–
67
62
68
57
56
66
55
54
51
60
52
73
45
18
–
20
13
–
23
–
11
14
–
14
–
10
–
–
–
–
–
–
–
–
–
–
–
–
–
28
–
27
23
25
–
–
22
21
–
30
43
26
–
20
–
18
16
29
–
19
11
35
–
–
–
1
–
1
–
2
( )
–
4
–
–
–
–
–
–
33
38
32
43
44
34
45
46
49
40
48
27
55
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
A typical minimum age requirement is 21 years and service requirement is 12 months. See glossary for additional information on requirements.
Less than 0.5.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 21. Standard errors for defined benefit plans: Availability and eligibility requirements for open plans,1 private industry
workers, National Compensation Survey, 2014
Open to new employees
Characteristics
Plans open to
Minimum age Minimum age
new
and service
only
employees
requirement requirement
Minimum
service only
requirement
No minimum
age or
service
requirement
Age and
service
requirement
not
determinable
Plans not
open to new
employees
Not
determinable
Worker characteristics
All workers ...............................................................
2.1
1.7
–
2.2
2.3
–
2.1
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.7
4.0
5.2
8.3
3.0
5.3
3.8
4.2
3.5
–
–
–
3.6
7.6
3.3
–
–
–
–
–
–
–
–
–
2.9
2.1
4.4
9.1
2.8
7.0
2.5
5.1
2.9
4.2
3.0
–
–
–
–
4.0
–
–
1.3
–
0.3
–
0.4
–
3.7
4.0
5.2
8.3
3.0
5.3
3.8
4.2
–
–
–
–
–
–
–
–
4.4
7.3
4.1
5.6
4.8
–
–
3.3
–
5.4
–
–
–
–
–
8.5
7.0
3.8
–
6.0
7.7
4.9
3.5
4.4
–
–
–
–
1.5
–
–
7.3
4.1
5.6
4.8
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
2.2
3.5
1.8
4.7
–
–
2.3
5.0
2.4
–
–
–
2.2
3.5
–
–
Union .......................................................................
Nonunion .................................................................
3.6
2.7
1.4
2.7
–
–
4.7
1.6
3.2
2.5
–
–
3.6
2.7
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
5.3
4.5
4.1
3.9
3.0
3.8
5.0
–
3.5
2.3
2.5
–
–
–
–
–
–
–
7.5
–
4.1
3.4
2.7
3.2
–
–
–
2.4
3.1
4.4
–
–
1.2
–
–
–
5.3
–
4.1
3.9
3.0
3.8
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.9
4.6
4.9
–
–
–
–
–
–
3.6
8.7
–
3.5
–
4.5
–
–
–
3.9
–
4.9
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
2.6
3.3
10.8
6.1
6.5
7.5
9.5
3.9
3.8
7.3
4.0
9.0
8.1
2.2
3.0
–
4.6
–
–
–
4.5
4.5
–
6.5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
2.7
4.4
–
–
10.0
–
–
3.8
3.1
–
5.6
–
8.0
2.8
3.1
–
–
–
5.0
–
2.2
2.3
–
4.0
–
3.1
–
–
–
–
–
–
–
–
–
–
–
0.5
2.2
2.6
3.3
–
6.1
6.5
–
9.5
3.9
3.8
7.3
4.0
9.0
8.1
–
–
–
–
–
–
–
–
–
–
–
–
–
9.1
9.3
8.7
–
–
–
–
9.9
–
–
–
–
9.1
9.3
–
–
Establishment characteristics
See footnotes at end of table.
Table 21. Standard errors for defined benefit plans: Availability and eligibility requirements for open plans,1 private industry
workers, National Compensation Survey, 2014—continued
Open to new employees
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Plans open to
Minimum age Minimum age
new
and service
only
employees
requirement requirement
Minimum
service only
requirement
No minimum
age or
service
requirement
Age and
service
requirement
not
determinable
Plans not
open to new
employees
Not
determinable
3.5
3.8
6.2
2.7
4.6
4.0
4.9
6.8
5.8
1.6
2.1
2.1
–
–
–
–
–
–
4.3
5.9
5.2
2.8
4.0
3.4
2.2
–
–
2.8
2.8
5.0
–
–
3.4
–
–
–
3.5
3.8
6.2
2.7
4.6
4.0
–
–
–
–
–
–
3.0
5.8
3.5
4.2
5.6
2.4
8.2
4.1
4.9
7.8
5.5
3.8
6.5
4.7
–
5.7
2.8
–
4.1
–
2.6
3.4
–
2.9
–
1.9
–
–
–
–
–
–
–
–
–
–
–
–
–
4.2
–
4.0
4.5
6.2
–
–
3.7
3.4
–
5.7
7.4
6.8
–
5.8
–
2.3
2.0
4.2
–
3.6
2.9
7.2
–
–
–
0.7
–
0.8
–
0.3
–
3.5
–
–
–
–
–
–
3.0
5.8
3.5
4.2
5.6
2.4
8.2
4.1
4.9
7.8
5.5
3.8
6.5
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
A typical minimum age requirement is 21 years and service requirement is 12 months. See glossary for additional information on requirements.
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 2014."
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/glossary20142015.htm.
Table 22. Defined benefit plans: Plan sponsor,1 private industry workers, National Compensation Survey,
2014
(All workers participating in selected defined benefit plans = 100 percent)
Traditional defined benefit
plans4
All defined benefit plans2
Characteristics
Single
employer
sponsor
Multi-employer
sponsor3
Single
employer
sponsor
Non-traditional defined benefit
plans5
Multi-employer
sponsor3
Single
employer
sponsor
Multi-employer
sponsor3
Worker characteristics
All workers ...............................................................
78
17
68
25
99
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
90
96
86
49
77
58
83
57
–
–
–
48
20
40
13
38
83
91
78
43
60
41
69
52
–
–
–
53
34
56
24
42
100
99
100
100
100
100
100
100
–
–
–
–
–
–
–
–
24
87
83
93
73
75
–
13
–
19
–
85
76
88
67
76
–
19
–
25
–
100
98
100
93
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
81
50
13
48
72
38
20
59
99
100
–
–
Union .......................................................................
Nonunion .................................................................
51
95
41
–
47
91
45
–
100
99
–
–
Average wage within the following categories6:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
32
–
77
77
85
93
65
80
19
14
12
5
–
–
67
65
77
89
79
–
26
22
18
9
–
–
100
99
100
99
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
76
–
96
24
83
–
68
–
94
32
83
–
100
–
100
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
79
60
73
28
76
100
96
99
99
100
99
100
69
14
32
–
72
–
–
–
–
–
–
–
–
–
67
52
78
18
69
100
95
97
97
100
97
–
61
22
40
–
82
–
–
–
–
–
–
–
–
–
99
95
–
–
–
100
–
100
100
100
100
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
76
70
–
–
73
62
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 22. Defined benefit plans: Plan sponsor,1 private industry workers, National Compensation Survey,
2014—continued
(All workers participating in selected defined benefit plans = 100 percent)
Traditional defined benefit
plans4
All defined benefit plans2
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Single
employer
sponsor
Multi-employer
sponsor3
Single
employer
sponsor
Non-traditional defined benefit
plans5
Multi-employer
sponsor3
Single
employer
sponsor
Multi-employer
sponsor3
77
77
77
79
69
88
18
–
21
16
25
–
70
70
70
67
55
80
23
–
27
25
36
–
97
95
100
100
100
100
–
–
–
–
–
–
77
81
75
89
85
91
95
80
83
74
60
58
61
20
–
–
8
–
–
–
15
12
–
28
42
24
67
73
66
84
78
88
93
67
74
49
43
37
45
29
–
29
12
15
–
–
25
19
42
40
63
33
100
100
100
100
100
–
100
98
97
100
100
–
100
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Sum of single- and multi-employer sponsor may not equal 100 percent as other plan sponsor types are not included (e.g., employer associations, railroad retirement
boards).
2 All workers participating in defined benefit plans = 100 percent.
3 Plans established by a labor organization and provided to employees of two or more unrelated companies in accordance with a collective bargaining agreement.
4 All workers participating in traditional defined benefit plans = 100 percent. See glossary for definition of traditional plans.
5 All workers participating in non-traditional defined benefit plans = 100 percent. See glossary for definition of non-traditional plans.
6 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 2014."
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/glossary20142015.htm.
Table 22. Standard errors for defined benefit plans: Plan sponsor, private industry workers, National
Compensation Survey, 2014
Traditional defined benefit
plans2
All defined benefit plans
Characteristics
Single
employer
sponsor
Multi-employer
sponsor1
Single
employer
sponsor
Non-traditional defined benefit
plans3
Multi-employer
sponsor1
Single
employer
sponsor
Multi-employer
sponsor1
Worker characteristics
All workers ...............................................................
2.6
1.9
3.2
2.5
0.6
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
4.9
2.5
6.7
9.3
3.6
5.3
3.6
4.7
–
–
–
9.5
3.2
5.3
2.7
4.4
7.8
5.1
9.4
10.2
4.6
7.2
5.3
5.2
–
–
–
10.4
4.3
7.3
4.1
5.0
0.3
0.6
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
–
–
–
–
–
6.9
4.3
2.6
2.2
4.4
6.8
–
2.4
–
4.6
–
5.1
3.7
3.7
6.4
7.0
–
3.4
–
5.9
–
0.0
2.3
0.0
6.9
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
2.7
6.8
1.8
6.0
3.5
7.4
2.5
6.5
0.7
0.0
–
–
Union .......................................................................
Nonunion .................................................................
4.7
0.9
4.2
–
4.8
1.8
4.5
–
0.0
0.7
–
–
Average wage within the following categories4:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
7.0
–
4.7
4.4
2.1
1.6
6.4
6.8
3.9
2.3
2.0
1.3
–
–
6.0
6.0
3.0
2.8
5.8
–
5.0
3.8
2.7
2.3
–
–
0.0
1.4
0.3
0.6
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.5
–
2.0
3.5
7.6
–
4.4
–
3.0
4.4
7.6
–
0.0
–
0.0
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
3.4
5.0
10.0
5.4
6.5
0.0
3.8
0.5
0.6
0.0
0.8
0.4
12.1
2.5
5.0
–
5.4
–
–
–
–
–
–
–
–
–
4.4
6.7
11.2
4.6
8.9
0.0
5.6
1.8
1.9
0.0
2.0
–
13.7
3.3
6.1
–
4.6
–
–
–
–
–
–
–
–
–
0.8
4.9
–
–
–
0.0
–
0.0
0.0
0.0
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
10.9
14.7
–
–
11.8
17.0
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 22. Standard errors for defined benefit plans: Plan sponsor, private industry workers, National
Compensation Survey, 2014—continued
Traditional defined benefit
plans2
All defined benefit plans
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Single
employer
sponsor
Multi-employer
sponsor1
Single
employer
sponsor
Multi-employer
sponsor1
Non-traditional defined benefit
plans3
Single
employer
sponsor
Multi-employer
sponsor1
3.4
5.5
5.3
3.6
5.6
2.8
3.1
–
5.2
2.6
4.0
–
4.6
7.8
6.8
4.8
6.6
4.3
4.2
–
6.5
3.7
5.4
–
3.4
5.1
0.0
0.0
0.0
0.0
–
–
–
–
–
–
5.8
5.2
7.5
2.2
3.2
7.6
2.9
2.2
1.6
6.0
8.7
9.9
11.0
6.1
–
–
2.3
–
–
–
2.3
1.4
–
4.6
9.9
4.8
5.4
6.6
6.3
3.2
3.9
9.9
4.8
3.6
2.8
10.3
9.1
5.1
11.9
6.4
–
7.9
3.2
4.0
–
–
3.6
2.3
11.9
6.9
5.1
7.6
0.0
0.0
0.0
0.0
0.0
–
0.0
1.8
2.9
0.0
0.0
–
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
4
Plans established by a labor organization and provided to employees of two or more unrelated companies in accordance with a collective bargaining agreement.
See glossary for definition of traditional plans.
See glossary for definition of non-traditional plans.
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 2014."
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/glossary20142015.htm.
Table 23. Defined benefit plans: Primary formula, private industry workers, National Compensation Survey, 2014
(All workers participating in defined benefit plans = 100 percent)
Traditional plan formula
Characteristics
Traditional
Percent of
terminal
earnings
Percent of
career
earnings
Dollar
times
years1
Non-traditional plan formula
Nontraditional
Percent of
employer
contribution
Cash
balance
Pension
equity
Other
Worker characteristics
All workers ...............................................................
67
34
8
21
4
33
30
3
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
58
47
66
–
59
71
55
91
44
31
53
–
29
21
32
25
11
–
–
–
–
–
–
–
–
–
–
35
20
40
14
50
–
–
–
–
–
–
–
–
42
53
34
–
41
29
45
9
41
52
32
–
41
29
44
9
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
84
68
58
78
–
38
32
31
33
–
–
–
–
–
57
44
28
24
33
31
–
–
–
–
–
16
32
42
22
–
16
20
22
18
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
66
81
36
17
7
–
17
54
5
–
34
19
31
19
4
–
–
–
Union .......................................................................
Nonunion .................................................................
91
52
27
39
–
10
51
–
–
–
9
48
8
43
–
5
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
82
–
71
63
67
56
–
–
32
37
37
39
–
–
–
4
8
–
55
80
24
17
18
5
–
–
–
5
4
–
18
–
29
37
33
44
18
–
25
30
32
43
–
–
–
–
–
–
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
77
100
66
38
–
44
–
–
–
28
58
19
11
33
–
23
–
34
13
–
18
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
64
80
–
–
57
68
29
29
18
37
–
79
33
28
–
40
38
–
25
27
17
35
28
63
–
–
–
–
–
–
–
–
–
–
–
–
18
46
72
–
–
34
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
36
20
–
–
43
32
71
71
82
63
–
21
36
18
–
–
43
32
70
70
82
61
61
21
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
78
57
64
30
–
–
–
–
–
–
22
–
22
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 23. Defined benefit plans: Primary formula, private industry workers, National Compensation Survey,
2014—continued
(All workers participating in defined benefit plans = 100 percent)
Traditional plan formula
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Traditional
Percent of
terminal
earnings
Percent of
career
earnings
Dollar
times
years1
Non-traditional plan formula
Nontraditional
Percent of
employer
contribution
Cash
balance
Pension
equity
Other
76
74
79
64
70
59
29
30
29
36
29
43
–
–
–
6
–
–
28
27
28
18
27
10
–
–
–
4
–
–
24
26
21
36
30
41
21
26
–
33
29
36
–
–
–
–
–
–
–
–
–
–
–
–
71
–
–
70
69
77
70
58
62
51
70
–
–
31
37
29
48
50
47
47
23
27
–
32
23
–
–
–
17
–
–
–
–
–
–
–
–
–
–
24
–
22
10
–
–
–
24
26
–
29
44
24
–
–
–
–
–
–
–
–
–
9
–
–
–
29
–
–
30
31
23
30
42
38
49
30
–
–
29
–
–
30
31
23
30
32
25
49
26
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Benefits are based on a dollar amount per month for each year of service recognized by the plan.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 23. Standard errors for defined benefit plans: Primary formula, private industry workers, National Compensation
Survey, 2014
Traditional plan formula
Characteristics
Traditional
Percent of
terminal
earnings
Percent of
career
earnings
Dollar
times
years1
Non-traditional plan formula
Nontraditional
Percent of
employer
contribution
Cash
balance
Pension
equity
Other
Worker characteristics
All workers ...............................................................
2.9
2.9
1.4
2.2
0.7
2.9
2.7
0.8
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
4.9
6.5
4.9
–
4.6
8.0
4.9
1.9
4.5
4.7
5.7
–
3.1
6.0
3.5
4.4
3.1
–
–
–
–
–
–
–
–
–
–
9.6
3.3
5.3
2.5
5.8
–
–
–
–
–
–
–
–
4.9
6.5
4.9
–
4.6
8.0
4.9
1.9
4.8
6.4
4.8
–
4.6
8.0
4.9
1.9
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3.3
4.8
6.5
5.7
–
8.0
5.2
7.2
6.7
–
–
–
–
–
7.5
8.9
4.7
5.2
7.1
7.4
–
–
–
–
–
3.3
4.8
6.5
5.7
–
3.3
4.3
6.4
4.8
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
3.0
4.0
3.1
4.2
1.4
–
2.1
4.9
0.8
–
3.0
4.0
2.8
4.0
0.8
–
–
–
Union .......................................................................
Nonunion .................................................................
2.4
3.6
4.5
3.3
–
2.2
5.0
–
–
–
2.4
3.6
2.3
3.3
–
1.1
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
5.2
–
4.6
4.1
3.7
5.4
–
–
5.1
5.3
3.4
4.5
–
–
–
1.1
2.2
–
5.4
6.8
4.1
2.7
3.0
1.5
–
–
–
1.2
1.1
–
5.2
–
4.6
4.1
3.7
5.4
5.2
–
4.4
3.6
3.7
5.3
–
–
–
–
–
–
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
4.4
0.0
5.9
6.6
–
8.0
–
–
–
3.9
7.9
3.5
1.9
7.9
–
4.4
–
5.9
2.5
–
3.5
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
3.8
3.5
–
–
6.0
5.8
2.9
3.3
3.7
4.5
–
5.1
3.2
5.6
–
11.1
10.6
–
2.8
2.8
3.6
4.0
6.4
7.8
–
–
–
–
–
–
–
–
–
–
–
–
2.7
4.7
6.1
–
–
9.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3.8
3.5
–
–
6.0
5.8
2.9
3.3
3.7
4.5
–
5.1
3.7
3.0
–
–
6.0
5.8
3.2
3.5
3.7
4.9
13.1
5.1
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
6.2
9.0
9.0
8.9
–
–
–
–
–
–
6.2
–
6.2
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 23. Standard errors for defined benefit plans: Primary formula, private industry workers, National Compensation
Survey, 2014—continued
Traditional plan formula
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Traditional
Percent of
terminal
earnings
Percent of
career
earnings
Dollar
times
years1
Non-traditional plan formula
Percent of
employer
contribution
Nontraditional
Cash
balance
Pension
equity
Other
3.3
4.8
5.5
3.4
5.0
4.7
3.7
4.7
7.2
3.7
5.3
4.9
–
–
–
1.5
–
–
3.6
5.7
5.6
2.4
4.1
2.1
–
–
–
1.0
–
–
3.3
4.8
5.5
3.4
5.0
4.7
2.9
4.8
–
3.3
5.0
4.0
–
–
–
–
–
–
–
–
–
–
–
–
7.3
–
–
4.4
6.1
6.3
8.2
4.0
5.3
5.7
7.3
–
–
4.6
10.1
5.8
5.0
5.3
5.1
12.5
4.6
6.7
–
8.5
4.0
–
–
–
4.4
–
–
–
–
–
–
–
–
–
–
5.0
–
6.1
3.0
–
–
–
4.0
3.8
–
4.9
8.9
5.7
–
–
–
–
–
–
–
–
–
2.5
–
–
–
7.3
–
–
4.4
6.1
6.3
8.2
4.0
5.3
5.7
7.3
–
–
7.3
–
–
4.4
6.1
6.3
8.2
2.9
3.5
5.7
7.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Benefits are based on a dollar amount per month for each year of service recognized by the plan.
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 2014."
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/glossary20142015.htm.
Table 24. Defined benefit plans: Vesting requirements, private industry workers, National Compensation
Survey, 2014
(All workers participating in defined benefit plans = 100 percent)
Characteristics
Cliff vesting1
Years required for cliff
vesting
Mean
Graded
vesting2
Immediate
full vesting
Not
determinable
Median
Worker characteristics
All workers ...............................................................
95
4
5
3
–
–
3
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
95
97
94
93
96
95
97
93
4
4
4
5
4
4
4
5
5
–
5
5
5
5
–
5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
( )
(3)
1
(3)
3
( )
–
(3)
3
94
92
95
98
92
5
5
4
4
5
5
5
5
5
5
–
–
–
–
–
–
–
–
–
–
1
5
2
1
4
Full time ...................................................................
Part time ..................................................................
95
95
4
5
5
5
3
–
–
–
–
–
Union .......................................................................
Nonunion .................................................................
96
95
5
4
5
–
–
4
–
–
2
–
Average wage within the following categories4:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
98
100
94
96
94
94
5
5
4
4
4
4
5
5
5
5
5
5
–
–
–
–
–
–
–
–
–
–
–
–
(3)
–
–
1
2
1
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
95
95
95
5
5
4
5
5
5
–
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
95
94
100
98
87
94
94
97
97
99
94
100
91
4
5
5
5
4
4
4
4
4
3
4
4
5
5
5
5
5
5
5
5
3
3
3
3
–
5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1
5
–
–
13
–
–
–
–
–
–
–
1
83
92
5
5
5
5
–
–
–
–
8
–
Establishment characteristics
See footnotes at end of table.
Table 24. Defined benefit plans: Vesting requirements, private industry workers, National Compensation
Survey, 2014—continued
(All workers participating in defined benefit plans = 100 percent)
Characteristics
Cliff vesting1
Years required for cliff
vesting
Mean
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Graded
vesting2
Immediate
full vesting
Not
determinable
Median
93
92
94
96
97
94
4
4
5
4
4
4
5
5
5
5
5
5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1
–
3
92
90
93
96
96
100
96
95
94
96
97
98
96
4
4
4
4
4
5
4
4
4
4
4
4
4
5
5
5
5
5
5
5
5
5
–
5
5
5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3
(3)
3
1
2
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
4
An employee is not entitled to any accrued benefits until satisfying the requirement for 100 percent vesting.
An employee is entitled to a gradually increasing share of benefits determined by years of service, eventually reaching 100 percent vesting status.
Less than 0.5.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 24. Standard errors for defined benefit plans: Vesting requirements, private industry workers,
National Compensation Survey, 2014
Characteristics
Cliff vesting1
Years required for cliff
vesting
Mean
Graded
vesting2
Immediate
full vesting
Not
determinable
Median
Worker characteristics
All workers ...............................................................
1.1
0.1
0.0
0.8
–
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
1.4
1.2
2.1
4.1
0.8
2.0
0.9
2.9
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.4
–
0.0
0.0
0.0
0.0
–
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.2
(3)
0.3
(3)
(3)
–
(3)
2.1
3.3
4.1
2.2
0.9
4.2
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.4
0.0
–
–
–
–
–
–
–
–
–
–
0.7
3.7
1.7
0.6
2.9
Full time ...................................................................
Part time ..................................................................
1.2
2.9
0.1
0.1
0.0
0.0
0.8
–
–
–
–
–
Union .......................................................................
Nonunion .................................................................
1.8
1.0
0.1
0.1
0.0
–
–
1.0
–
–
1.4
–
Average wage within the following categories4:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
2.2
0.0
2.5
1.4
1.7
1.7
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
1.0
–
–
–
–
–
–
–
–
–
–
–
–
0.1
–
–
0.7
1.0
0.7
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
2.0
3.3
2.5
0.1
0.1
0.1
0.0
0.0
0.0
–
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
1.3
3.4
0.0
0.6
9.6
3.9
4.1
1.6
1.6
1.2
3.6
0.0
3.7
0.1
0.1
(3)
0.1
0.2
0.1
0.2
0.1
0.1
0.1
0.1
0.3
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.9
3.4
–
–
9.6
–
–
–
–
–
–
–
0.4
5.0
4.3
0.1
0.1
0.0
0.0
–
–
–
–
4.7
–
Establishment characteristics
See footnotes at end of table.
Table 24. Standard errors for defined benefit plans: Vesting requirements, private industry workers,
National Compensation Survey, 2014—continued
Characteristics
Cliff vesting1
Years required for cliff
vesting
Mean
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Graded
vesting2
Immediate
full vesting
Not
determinable
Median
1.8
2.0
3.6
1.3
1.2
2.2
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.9
–
1.7
3.2
7.7
3.5
1.8
2.6
0.0
3.1
1.1
1.2
2.6
1.9
1.4
2.5
0.2
0.2
0.3
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.2
0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
2.2
0.1
2.7
1.4
2.6
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
4
An employee is not entitled to any accrued benefits until satisfying the requirement for 100 percent vesting.
An employee is entitled to a gradually increasing share of benefits determined by years of service, eventually reaching 100 percent vesting status.
Less than 0.05.
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 2014."
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/glossary20142015.htm.
Table 25. Defined benefit plans: Integration with Social Security, private industry workers, National
Compensation Survey, 2014
(All workers participating in defined benefit plans = 100 percent)
Characteristics
Type of integrated formula
Benefits
integrated
with Social
Security
Social
Security
breakpoint1
Benefits not
integrated
with Social
Cash balance
Security
Offset by
Social
Security2
Not covered
under Social
Security
Worker characteristics
All workers ...............................................................
–
16
9
–
71
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
–
27
–
20
14
12
16
–
16
–
13
–
13
–
11
–
7
–
8
9
–
7
–
–
–
–
–
–
64
62
65
74
72
73
72
80
–
–
–
–
–
–
–
–
–
30
26
27
25
–
20
19
–
19
–
–
–
–
–
–
–
–
–
–
90
70
74
73
75
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
–
–
16
7
10
–
–
–
68
89
–
–
Union .......................................................................
Nonunion .................................................................
–
–
–
21
6
12
–
–
82
64
–
–
Average wage within the following categories3:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
16
–
–
–
–
–
–
–
24
15
15
15
–
–
–
5
13
–
–
–
2
–
–
4
84
90
66
72
69
64
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
35
–
40
20
–
29
–
–
–
–
–
–
65
91
60
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
–
23
–
–
–
–
–
30
31
13
49
–
–
14
11
–
–
–
–
–
15
15
–
18
–
–
7
–
–
–
–
–
–
6
6
–
13
–
–
–
–
–
–
–
–
–
9
10
–
18
–
–
73
77
54
83
75
90
87
70
69
87
51
67
65
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
71
60
–
–
Establishment characteristics
See footnotes at end of table.
Table 25. Defined benefit plans: Integration with Social Security, private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in defined benefit plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Benefits
integrated
with Social
Security
Type of integrated formula
Social
Security
breakpoint1
Offset by
Social
Security2
Benefits not
integrated
with Social
Cash balance
Security
Not covered
under Social
Security
31
30
33
–
–
–
23
19
–
13
11
14
–
–
–
10
–
17
–
–
–
–
–
–
69
70
67
71
78
64
–
–
–
–
–
–
29
–
31
–
–
44
50
20
23
–
–
21
–
14
–
17
24
23
–
–
12
–
5
9
18
6
–
–
–
–
11
–
–
–
6
–
–
–
–
–
–
–
3
–
–
–
–
–
–
–
–
–
71
80
69
58
63
56
50
80
77
86
76
79
75
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
Formula applies lower benefit rate to earnings subject to FICA (Social Security) taxes or below a specified dollar amount.
Benefit as calculated by formula is reduced by portion of primary Social Security payment.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 25. Standard errors for defined benefit plans: Integration with Social Security, private industry
workers, National Compensation Survey, 2014
Characteristics
Type of integrated formula
Benefits
integrated
with Social
Security
Social
Security
breakpoint1
Benefits not
integrated
with Social
Cash balance
Security
Offset by
Social
Security2
Not covered
under Social
Security
Worker characteristics
All workers ...............................................................
–
1.7
1.9
–
3.0
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
–
7.3
–
3.9
2.0
2.6
2.9
–
2.6
–
2.1
–
3.7
–
2.9
–
1.9
–
2.0
2.6
–
1.9
–
–
–
–
–
–
4.8
5.8
6.0
9.2
3.9
7.3
3.8
3.9
–
–
–
–
–
–
–
–
–
6.8
4.8
7.0
5.5
–
6.0
4.4
–
4.9
–
–
–
–
–
–
–
–
–
–
3.8
6.8
4.8
7.0
5.5
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
–
–
1.9
2.0
2.0
–
–
–
3.1
3.4
–
–
Union .......................................................................
Nonunion .................................................................
–
–
–
2.4
1.5
2.7
–
–
4.8
3.6
–
–
Average wage within the following categories3:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
4.7
–
–
–
–
–
–
–
4.7
3.5
1.7
3.0
–
–
–
1.1
3.2
–
–
–
0.7
–
–
1.1
4.7
4.9
4.8
5.1
3.3
5.4
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
6.3
–
7.5
4.8
–
6.7
–
–
–
–
–
–
6.3
4.6
7.5
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
–
4.3
–
–
–
–
–
4.4
4.3
3.1
6.2
–
–
1.7
3.0
–
–
–
–
–
2.7
2.7
–
4.1
–
–
1.9
–
–
–
–
–
–
1.5
1.6
–
3.4
–
–
–
–
–
–
–
–
–
2.2
2.2
–
3.6
–
–
3.3
4.3
10.2
4.7
9.4
2.7
4.5
4.4
4.3
3.1
6.2
13.1
10.4
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
6.1
12.0
–
–
Establishment characteristics
See footnotes at end of table.
Table 25. Standard errors for defined benefit plans: Integration with Social Security, private industry
workers, National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Benefits
integrated
with Social
Security
Type of integrated formula
Social
Security
breakpoint1
Offset by
Social
Security2
Benefits not
integrated
with Social
Cash balance
Security
Not covered
under Social
Security
5.1
7.0
8.6
–
–
–
4.3
4.2
–
2.1
2.4
3.3
–
–
–
2.2
–
3.9
–
–
–
–
–
–
5.1
7.0
8.6
3.5
5.5
4.5
–
–
–
–
–
–
5.8
–
6.8
–
–
13.1
12.3
4.4
5.7
–
–
4.4
–
3.2
–
4.0
4.0
4.4
–
–
3.6
–
1.3
2.0
4.2
1.7
–
–
–
–
3.4
–
–
–
1.4
–
–
–
–
–
–
–
0.9
–
–
–
–
–
–
–
–
–
5.8
8.9
6.8
5.4
4.9
13.1
12.3
4.4
5.7
6.1
8.7
4.4
11.3
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
Formula applies lower benefit rate to earnings subject to FICA (Social Security) taxes or below a specified dollar amount.
Benefit as calculated by formula is reduced by portion of primary Social Security payment.
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 2014."
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/glossary20142015.htm.
Table 26. Defined benefit plans: Availability of selected benefit features,1 private industry workers, National
Compensation Survey, 2014
(In percent)
Lump-sum payment at
normal retirement
Disability retirement
benefits
Joint-and-survivor
annuity
Preretirement survivor
benefits
Characteristics
Traditional
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
Worker characteristics
All workers ...............................................................
34
88
82
63
100
100
99
93
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
40
41
40
–
24
–
29
38
89
95
82
92
99
100
99
90
77
81
75
93
82
80
82
85
69
73
66
–
52
–
54
69
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
99
100
100
100
100
98
93
94
90
–
89
100
87
100
22
56
28
35
23
–
93
71
57
96
87
83
83
73
91
–
69
61
72
–
100
100
100
100
100
–
100
100
100
100
95
100
100
100
100
–
100
100
100
100
Full time ...................................................................
Part time ..................................................................
36
17
88
87
81
92
65
–
100
100
100
100
99
100
95
–
Union .......................................................................
Nonunion .................................................................
29
39
98
87
90
74
–
64
100
100
100
100
99
100
86
94
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
25
28
43
44
–
93
84
89
88
95
80
84
80
77
–
69
59
66
67
100
100
100
100
100
–
100
100
100
100
100
100
100
99
100
–
90
93
94
94
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
37
24
37
47
–
47
81
85
80
80
–
80
100
100
100
100
–
100
98
95
100
100
–
100
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
32
15
–
–
–
–
83
23
24
–
22
–
97
97
–
–
–
97
–
99
99
100
97
–
83
86
85
89
98
–
71
75
73
92
79
74
59
44
–
–
–
89
–
64
66
68
62
–
100
100
100
100
100
100
100
100
100
100
100
100
100
100
–
–
–
100
–
100
100
100
100
–
100
100
100
100
100
100
98
100
100
100
100
100
92
100
–
–
–
100
–
88
88
83
92
–
–
–
–
–
74
77
–
–
100
100
–
–
100
100
–
–
Establishment characteristics
See footnotes at end of table.
Table 26. Defined benefit plans: Availability of selected benefit features,1 private industry workers, National
Compensation Survey, 2014—continued
(In percent)
Lump-sum payment at
normal retirement
Disability retirement
benefits
Joint-and-survivor
annuity
Preretirement survivor
benefits
Characteristics
Traditional
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
35
41
27
33
28
39
99
98
100
86
100
75
74
73
76
86
86
85
66
67
64
62
65
60
100
100
100
100
100
100
100
100
100
100
100
100
98
97
100
100
100
100
90
87
96
94
99
90
31
48
26
46
45
42
49
28
30
–
24
44
–
92
94
91
94
91
–
99
77
66
97
96
–
94
88
79
90
75
76
71
74
84
81
92
85
90
84
–
61
–
70
67
–
75
68
73
–
68
–
65
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
–
100
100
100
100
100
–
100
98
91
100
100
100
100
100
100
100
100
100
100
99
81
–
83
93
92
–
93
100
100
100
96
–
96
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
See glossary for additional information on these selected benefit features.
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 2014."
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/glossary20142015.htm.
Table 26. Standard errors for defined benefit plans: Availability of selected benefit features,1 private industry
workers, National Compensation Survey, 2014
Lump-sum payment at
normal retirement
Disability retirement
benefits
Joint-and-survivor
annuity
Preretirement survivor
benefits
Characteristics
Traditional
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
Worker characteristics
All workers ...............................................................
3.0
3.3
1.8
5.6
0.0
0.0
0.5
1.3
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
6.5
9.1
7.9
–
3.9
–
5.1
4.9
4.0
2.2
6.7
8.5
0.3
0.0
0.4
6.7
3.8
4.0
4.8
3.8
4.0
6.6
4.2
4.0
6.2
6.9
7.2
–
7.9
–
7.8
9.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.3
0.0
0.5
0.0
0.0
0.0
0.0
2.4
2.4
3.0
3.1
–
3.6
0.0
4.3
0.0
6.2
4.9
4.2
4.8
5.9
–
6.4
7.8
9.6
3.7
7.0
3.6
3.3
5.4
3.0
–
10.3
10.9
13.4
–
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
4.5
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
Full time ...................................................................
Part time ..................................................................
3.2
5.1
3.2
12.5
2.1
2.5
5.6
–
0.0
0.0
0.0
0.0
0.5
0.4
1.3
–
Union .......................................................................
Nonunion .................................................................
3.9
4.2
1.6
3.6
1.8
3.1
–
5.0
0.0
0.0
0.0
0.0
0.9
0.0
12.6
1.9
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
4.4
3.7
4.3
7.2
–
7.3
7.4
3.5
5.3
2.3
4.6
3.5
2.6
3.9
–
7.1
8.2
6.7
8.7
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.9
0.3
–
3.8
2.6
1.5
3.5
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
5.7
7.0
5.4
8.5
–
8.5
3.4
7.2
4.4
5.8
–
5.8
0.0
0.0
0.0
0.0
–
0.0
1.5
4.6
0.0
0.0
–
0.0
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
3.7
3.7
–
–
–
–
3.0
5.6
5.5
–
6.5
–
1.8
2.0
–
–
–
2.3
–
1.0
1.0
0.0
2.8
–
2.5
2.6
9.6
3.2
2.1
–
10.7
6.7
6.4
4.9
8.3
6.5
6.7
10.4
–
–
–
5.8
–
5.2
4.9
7.1
6.5
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
0.0
–
0.0
0.0
0.0
0.0
–
0.1
0.0
0.0
0.0
0.0
0.0
1.3
0.0
0.0
0.0
0.0
0.0
1.6
0.0
–
–
–
0.0
–
3.4
3.5
4.9
5.4
–
–
–
–
–
6.7
7.3
–
–
0.0
0.0
–
–
0.0
0.0
–
–
Establishment characteristics
See footnotes at end of table.
Table 26. Standard errors for defined benefit plans: Availability of selected benefit features,1 private industry
workers, National Compensation Survey, 2014—continued
Lump-sum payment at
normal retirement
Disability retirement
benefits
Joint-and-survivor
annuity
Preretirement survivor
benefits
Characteristics
Traditional
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
Traditional
Nontraditional
4.4
5.8
7.0
4.1
4.8
6.7
1.2
1.8
0.0
4.1
0.2
6.3
5.3
7.3
5.8
1.8
2.9
2.7
7.3
7.5
14.5
6.5
9.1
8.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.6
2.9
0.0
0.1
0.2
0.2
2.9
4.3
3.6
1.2
1.1
1.8
5.0
11.9
6.0
6.2
7.0
11.6
13.6
4.7
5.9
–
6.6
9.5
–
6.8
5.0
8.2
2.7
4.7
–
0.5
7.1
9.2
1.9
1.8
–
2.7
3.6
10.9
3.0
2.9
3.1
10.6
5.9
4.2
5.1
4.8
3.2
4.7
4.1
–
15.8
–
8.2
11.5
–
13.2
8.4
4.3
–
9.7
–
12.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
–
0.0
1.9
8.1
0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.4
0.0
0.6
3.8
–
6.9
3.9
5.8
–
6.2
0.0
0.0
0.0
2.7
–
2.9
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
See glossary for additional information on these selected benefit features.
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 2014."
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/glossary20142015.htm.
Table 27. Cash balance plans: Employer contributions, private industry workers, National Compensation Survey, 2014
(All workers participating in cash balance plans = 100 percent)
Contributions vary by1
Characteristics
Flat rate
percentage
contribution
Mean flat rate
(in percent)
Variable
percentage
contribution
Social
Security
taxable
wage
base
Age
Service
Earnings
Other
Worker characteristics
All workers ...............................................................
12
3.79
88
8
73
77
–
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
100
10
13
–
–
9
–
10
–
–
–
–
–
73
68
79
–
69
84
65
42
43
94
96
92
76
73
80
91
76
64
79
55
58
91
85
100
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
12
–
3.85
–
88
–
9
–
74
56
77
87
–
–
–
–
Union .......................................................................
Nonunion .................................................................
–
13
–
3.70
–
87
–
8
65
73
84
77
–
–
–
–
Average wage within the following categories2:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
11
–
–
–
4.00
–
–
–
89
–
–
10
7
9
–
68
69
74
75
81
81
75
72
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Utilities .............................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
–
20
62
–
–
–
–
–
4.80
4.78
–
–
–
–
–
80
38
–
–
–
–
9
–
–
13
14
–
29
69
73
34
65
63
65
58
80
75
–
73
74
83
58
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
9
–
12
64
68
52
75
83
68
78
80
72
77
82
74
–
–
–
–
–
–
–
–
–
–
–
–
See footnotes at end of table.
Table 27. Cash balance plans: Employer contributions, private industry workers, National Compensation Survey,
2014—continued
(All workers participating in cash balance plans = 100 percent)
Contributions vary by1
Characteristics
Flat rate
percentage
contribution
Mean flat rate
(in percent)
Variable
percentage
contribution
Social
Security
taxable
wage
base
Age
Service
Earnings
Other
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
–
–
–
9
–
–
–
–
–
–
–
–
–
–
4.25
–
–
–
–
–
–
–
–
–
–
91
–
–
–
–
–
–
–
–
–
–
10
7
–
–
–
–
–
–
66
–
70
79
83
76
70
53
90
74
87
77
72
79
83
87
73
75
64
86
74
84
–
–
–
–
–
–
–
–
–
–
–
1
2
–
–
–
–
–
–
–
–
–
–
–
The sum of individual categories may exceed the total because many workers may be in plans in which contributions vary by more than one characteristic.
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
2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 27. Standard errors for cash balance plans: Employer contributions, private industry workers, National
Compensation Survey, 2014
Contributions vary by
Characteristics
Flat rate
percentage
contribution
Mean flat rate
(in percent)
Variable
percentage
contribution
Social
Security
taxable
wage
base
Age
Service
Earnings
Other
Worker characteristics
All workers ...............................................................
3.5
0.24
3.5
1.7
4.2
4.2
–
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.0
2.5
3.6
–
–
2.6
–
2.8
–
–
–
–
–
5.2
7.1
5.7
–
6.5
11.5
6.6
10.3
12.6
3.9
2.3
8.3
5.5
7.0
7.2
8.9
6.5
10.8
6.0
10.7
12.7
5.4
9.5
0.4
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
3.4
–
0.24
–
3.4
–
1.8
–
4.1
10.9
4.2
12.5
–
–
–
–
Union .......................................................................
Nonunion .................................................................
–
3.7
–
0.23
–
3.7
–
1.8
14.6
4.3
6.2
4.4
–
–
–
–
Average wage within the following categories1:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
2.7
–
–
–
0.23
–
–
–
2.7
–
–
2.9
2.0
2.2
–
8.7
5.4
5.1
5.2
8.1
4.3
5.4
6.8
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Utilities .............................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
–
5.0
8.3
–
–
–
–
–
0.31
0.33
–
–
–
–
–
5.0
8.3
–
–
–
–
1.9
–
–
3.4
3.5
–
6.1
4.7
7.1
7.9
6.0
6.0
9.9
7.3
4.4
7.0
–
6.7
6.7
11.5
6.2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1.8
–
2.8
5.7
7.0
13.7
4.8
7.0
6.4
6.2
7.7
13.3
4.9
7.0
6.3
–
–
–
–
–
–
–
–
–
–
–
–
See footnotes at end of table.
Table 27. Standard errors for cash balance plans: Employer contributions, private industry workers, National
Compensation Survey, 2014—continued
Contributions vary by
Characteristics
Flat rate
percentage
contribution
Mean flat rate
(in percent)
Variable
percentage
contribution
Social
Security
taxable
wage
base
Age
Service
Earnings
Other
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
–
–
–
2.2
–
–
–
–
–
–
–
–
–
–
0.40
–
–
–
–
–
–
–
–
–
–
2.2
–
–
–
–
–
–
–
–
–
–
3.1
2.2
–
–
–
–
–
–
7.5
–
7.3
4.8
5.2
8.6
9.8
15.7
6.0
12.9
7.1
8.8
15.4
9.0
4.9
6.5
9.7
8.4
11.6
9.2
13.0
8.2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
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
2014."
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/glossary20142015.htm.
Table 28. Traditional defined benefit plans: Availability of lump-sum benefits at retirement,
private industry workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans = 100 percent)
Type of lump-sum
Characteristics
Lump-sum
available
Full
lump-sum
Partial
lump-sum
with reduced
annuity
Lump-sum
not available
Not
determinable
Worker characteristics
All workers ...............................................................
34
29
5
66
(1)
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
40
41
40
–
24
–
29
38
–
–
40
–
–
–
–
–
–
–
–
–
–
–
–
–
59
59
59
67
76
90
71
62
(1)
–
1
–
–
–
–
–
22
56
28
35
23
–
–
–
35
–
–
–
–
–
–
78
44
72
65
77
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
36
17
32
–
4
–
64
82
(1)
(1)
Union .......................................................................
Nonunion .................................................................
29
39
21
–
8
–
71
61
(1)
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
25
28
43
44
–
–
22
–
–
–
–
6
–
–
93
75
72
56
56
–
–
–
(1)
(1)
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
37
24
37
–
–
–
–
–
–
63
76
63
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
32
15
–
–
–
–
83
23
24
–
22
–
–
–
–
–
–
–
83
–
–
–
22
–
–
–
–
–
–
–
–
–
–
–
–
–
67
85
78
90
84
79
–
77
76
63
78
71
(1)
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
54
71
–
–
Establishment characteristics
See footnotes at end of table.
Table 28. Traditional defined benefit plans: Availability of lump-sum benefits at retirement,
private industry workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Type of lump-sum
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Lump-sum
available
Full
lump-sum
Partial
lump-sum
with reduced
annuity
Lump-sum
not available
Not
determinable
35
41
27
33
28
39
–
–
–
27
–
–
–
–
–
6
–
–
65
59
73
67
72
61
–
–
–
(1)
1
( )
(1)
31
48
26
46
45
42
49
28
30
–
24
44
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
69
52
73
54
55
58
51
72
70
76
75
56
81
(1)
–
(1)
–
–
–
–
–
–
–
1
( )
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Less than 0.5.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 28. Standard errors for traditional defined benefit plans: Availability of lump-sum
benefits at retirement, private industry workers, National Compensation Survey, 2014
Type of lump-sum
Characteristics
Lump-sum
available
Full
lump-sum
Partial
lump-sum
with reduced
annuity
Lump-sum
not available
Not
determinable
Worker characteristics
All workers ...............................................................
3.0
2.9
1.1
3.0
0.1
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
6.5
9.1
7.9
–
3.9
–
5.1
4.9
–
–
7.9
–
–
–
–
–
–
–
–
–
–
–
–
–
6.5
9.1
8.0
10.4
3.9
3.7
5.1
4.9
0.3
–
0.5
–
–
–
–
–
6.2
4.9
4.2
4.8
5.9
–
–
–
4.8
–
–
–
–
–
–
6.2
4.9
4.2
4.8
5.9
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
3.2
5.1
3.2
–
1.1
–
3.2
5.0
0.1
0.4
Union .......................................................................
Nonunion .................................................................
3.9
4.2
3.4
–
1.7
–
3.9
4.2
0.2
–
Average wage within the following categories1:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
4.4
3.7
4.3
7.2
–
–
3.4
–
–
–
–
1.6
–
–
4.0
4.4
3.7
4.3
7.2
–
–
–
0.2
0.3
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
5.7
7.0
5.4
–
–
–
–
–
–
5.7
7.0
5.4
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
3.7
3.7
–
–
–
–
3.0
5.6
5.5
–
6.5
–
–
–
–
–
–
–
3.0
–
–
–
6.5
–
–
–
–
–
–
–
–
–
–
–
–
–
3.7
3.7
10.4
3.3
7.6
7.9
–
5.6
5.5
8.5
6.5
9.2
0.1
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
10.4
11.3
–
–
Establishment characteristics
See footnotes at end of table.
Table 28. Standard errors for traditional defined benefit plans: Availability of lump-sum
benefits at retirement, private industry workers, National Compensation Survey,
2014—continued
Type of lump-sum
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Lump-sum
available
Full
lump-sum
Partial
lump-sum
with reduced
annuity
Lump-sum
not available
Not
determinable
4.4
5.8
7.0
4.1
4.8
6.7
–
–
–
3.9
–
–
–
–
–
1.5
–
–
4.4
5.8
7.0
4.1
4.8
6.7
–
–
–
0.1
0.2
0.2
5.0
11.9
6.0
6.2
7.0
11.6
13.6
4.7
5.9
–
6.6
9.5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
5.1
11.9
6.2
6.2
7.0
11.6
13.6
4.7
5.9
8.0
6.7
9.5
7.8
0.2
–
0.2
–
–
–
–
–
–
–
0.4
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
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/glossary20142015.htm.
Table 29. Traditional defined benefit plans: Maximum benefit provisions, private industry workers, National Compensation
Survey, 2014
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
Maximum years of credited service
Subject to
maximum
years of
credited
service
10th
percentile
50th
percentile
(median)
25th
percentile
75th
percentile
Not subject to
maximum
years of
credited
service
90th
percentile
Not
determinable
Worker characteristics
All workers ...............................................................
34
30
30
35
35
40
66
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
39
42
38
–
37
35
38
26
30
30
30
–
30
25
30
30
30
30
30
–
30
30
30
30
35
35
35
–
35
35
35
30
40
35
40
–
40
35
40
35
40
40
40
–
40
40
40
–
61
58
62
78
63
65
62
74
–
–
–
–
–
–
–
–
–
–
37
26
46
–
–
25
35
25
–
–
30
35
30
–
–
35
35
35
–
–
35
35
35
–
–
35
35
35
82
66
63
74
54
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
35
24
30
30
30
35
35
35
35
35
40
40
65
76
–
–
Union .......................................................................
Nonunion .................................................................
31
38
30
30
30
30
35
35
35
35
40
40
69
62
–
–
Average wage within the following categories1:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
44
37
33
33
–
30
25
30
30
–
35
30
30
30
–
35
35
35
35
–
35
40
35
35
–
40
40
40
40
89
56
63
67
67
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
22
–
26
30
–
35
35
–
35
35
–
35
35
–
35
40
–
40
78
81
74
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
40
39
–
19
52
64
43
61
65
51
73
–
30
25
–
25
25
30
30
30
30
–
30
–
30
30
–
30
30
–
30
–
–
30
–
–
35
35
–
35
35
–
30
35
35
35
35
–
–
35
–
35
35
40
30
35
35
35
35
–
40
40
–
40
35
40
30
35
35
40
40
–
60
61
50
81
48
–
57
39
35
49
–
67
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
85
61
–
–
Establishment characteristics
See footnotes at end of table.
Table 29. Traditional defined benefit plans: Maximum benefit provisions, private industry workers, National Compensation
Survey, 2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Subject to
maximum
years of
credited
service
Maximum years of credited service
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not subject to
maximum
years of
credited
service
Not
determinable
40
39
42
32
36
26
30
30
30
30
30
25
30
30
35
30
35
30
35
30
35
35
35
35
35
35
35
40
40
40
35
–
35
40
40
40
60
61
58
68
64
74
–
–
–
–
–
–
28
–
–
38
39
51
30
23
25
18
49
46
30
–
–
30
30
30
30
30
30
30
25
25
30
–
–
30
30
35
30
35
35
30
30
30
35
–
–
35
35
35
35
35
35
35
35
37
35
–
–
35
35
35
35
40
40
35
40
40
40
–
–
35
35
35
–
40
40
35
40
40
72
63
74
62
61
49
70
77
75
82
51
54
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 29. Standard errors for traditional defined benefit plans: Maximum benefit provisions, private industry workers,
National Compensation Survey, 2014
Characteristics
Maximum years of credited service
Subject to
maximum
years of
credited
service
10th
percentile
50th
percentile
(median)
25th
percentile
75th
percentile
Not subject to
maximum
years of
credited
service
90th
percentile
Not
determinable
Worker characteristics
All workers ...............................................................
4.1
0.0
0.0
0.0
4.2
0.0
4.1
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
7.4
7.7
9.0
–
4.7
7.3
5.1
6.8
0.0
0.0
0.0
–
6.2
6.4
1.3
0.0
0.7
0.4
1.9
–
3.2
6.4
1.6
0.0
1.2
0.0
7.4
–
0.0
0.0
0.0
5.9
1.4
2.1
0.0
–
4.2
5.2
3.0
0.0
0.0
2.1
0.0
–
0.0
1.3
0.0
–
7.4
7.7
9.0
12.0
4.7
7.3
5.1
6.8
–
–
–
–
–
–
–
–
–
–
5.3
7.1
7.1
–
–
0.9
6.9
0.0
–
–
2.4
0.0
4.7
–
–
0.0
0.0
2.4
–
–
0.0
0.0
0.0
–
–
0.0
0.0
0.0
8.0
10.4
5.3
7.1
7.1
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
4.3
6.5
0.0
2.0
0.0
5.5
0.0
0.0
5.3
0.0
0.0
6.0
4.3
6.5
–
–
Union .......................................................................
Nonunion .................................................................
6.1
4.6
0.0
6.9
1.3
0.4
0.0
0.0
6.5
2.7
0.0
0.0
6.1
4.6
–
–
Average wage within the following categories1:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
7.6
6.1
4.7
5.8
–
2.3
5.2
0.0
0.0
–
0.0
2.8
0.0
0.0
–
0.0
0.0
1.8
1.8
–
5.5
7.1
0.5
3.1
–
0.0
0.0
1.2
0.0
4.9
7.6
6.1
4.7
5.8
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
4.5
–
5.7
2.2
–
6.9
1.3
–
0.0
0.0
–
0.0
0.0
–
0.0
6.4
–
4.7
4.5
9.0
5.7
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
5.3
5.5
–
5.4
10.2
16.0
9.5
6.5
6.6
11.4
9.5
–
4.7
1.3
–
4.7
1.3
6.8
0.0
0.0
0.0
–
0.0
–
0.0
0.0
–
0.0
1.3
–
0.0
–
–
2.6
–
–
0.0
0.0
–
5.8
3.8
–
0.0
0.0
0.0
1.3
0.0
–
–
2.0
–
2.6
0.0
3.5
0.0
0.0
0.0
0.0
0.0
–
0.0
1.3
–
6.3
0.0
0.0
1.8
6.5
6.5
7.1
7.1
–
5.3
5.5
11.9
5.4
10.2
–
9.5
6.5
6.6
11.4
–
14.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3.5
16.4
–
–
Establishment characteristics
See footnotes at end of table.
Table 29. Standard errors for traditional defined benefit plans: Maximum benefit provisions, private industry workers,
National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Subject to
maximum
years of
credited
service
Maximum years of credited service
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not subject to
maximum
years of
credited
service
Not
determinable
5.7
6.8
8.8
5.1
7.3
4.7
3.5
5.1
5.6
1.6
0.0
4.0
0.0
0.0
6.3
2.2
6.6
0.0
0.0
2.6
0.0
0.0
0.0
1.6
0.0
0.0
0.0
5.8
6.1
6.8
2.6
–
0.0
0.0
0.0
0.0
5.7
6.8
8.8
5.1
7.3
4.7
–
–
–
–
–
–
8.1
–
–
6.0
8.7
13.3
7.8
4.6
6.0
2.5
11.6
13.6
0.0
–
–
0.0
0.0
6.1
7.0
1.8
5.9
0.0
6.3
4.7
0.0
–
–
0.0
0.0
0.0
0.0
1.9
0.5
7.1
2.3
6.0
2.4
–
–
0.0
0.9
0.0
7.6
0.0
0.9
0.0
1.7
4.8
2.6
–
–
0.0
0.0
0.0
0.0
1.6
0.0
0.0
5.5
0.9
0.0
–
–
1.0
4.4
0.0
–
0.0
0.0
7.1
0.0
0.0
8.1
12.9
9.3
6.0
8.7
13.3
7.8
4.6
6.0
2.5
11.6
13.6
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
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 2014."
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/glossary20142015.htm.
Table 30. Traditional defined benefit plans: Terminal earnings formulas, private industry
workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans with a terminal earnings formula = 100 percent)
Characteristics
Flat percent per year of service
Flat
percent
50th
per year
10th
25th
75th
90th
percentile
of service percentile percentile
percentile percentile
(median)
Worker characteristics
All workers ...............................................................
52
1.00
1.25
1.60
2.00
2.00
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
58
55
59
65
–
–
51
–
–
–
–
46
1.20
1.20
1.20
1.00
–
–
1.00
–
–
–
–
0.70
1.45
1.25
1.45
–
–
–
1.45
–
–
–
–
0.70
1.60
1.60
1.60
1.50
–
–
1.67
–
–
–
–
–
2.00
1.60
2.00
1.60
–
–
2.00
–
–
–
–
2.00
–
2.00
–
1.60
–
–
2.00
–
–
–
–
2.00
Full time ...................................................................
Part time ..................................................................
50
78
1.00
1.00
1.25
1.00
1.60
1.45
2.00
1.50
2.00
2.00
Union .......................................................................
Nonunion .................................................................
74
–
0.70
–
1.35
–
1.50
–
1.85
–
2.00
–
Average wage within the following categories1:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
53
51
49
–
1.00
–
1.20
–
1.25
1.25
1.25
–
1.67
1.50
1.60
–
2.00
1.60
1.60
–
2.00
2.00
1.70
Goods-producing industries .....................................
Manufacturing ......................................................
–
–
–
–
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Insurance carriers and related activities ......
Education and health services .............................
Health care and social assistance ...................
58
66
–
–
–
74
76
–
0.70
–
–
–
1.00
1.20
1.20
0.70
–
–
–
1.25
1.45
1.60
–
–
–
–
1.60
1.60
2.00
2.00
–
–
–
2.00
2.00
2.00
2.00
–
–
–
2.00
2.00
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
–
–
–
55
63
49
–
–
–
–
1.20
0.70
–
–
–
1.25
1.45
1.25
–
–
–
1.60
1.67
1.50
–
–
–
1.85
2.00
1.60
–
–
–
2.00
–
1.67
Establishment characteristics
See footnotes at end of table.
Table 30. Traditional defined benefit plans: Terminal earnings formulas,
private industry workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans with a terminal earnings formula = 100
percent)
Percent per year varies by
Characteristics
Percent
per year
varies
Service Earnings
Earnings
and
service
Other
Worker characteristics
All workers ...............................................................
–
–
26
10
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
49
71
–
50
60
59
63
54
9
–
11
–
11
–
12
–
–
–
–
–
19
25
–
–
25
–
21
24
30
48
46
49
–
–
–
–
12
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
–
–
–
–
27
–
11
–
–
–
Union .......................................................................
Nonunion .................................................................
–
52
–
8
–
30
–
15
–
–
Average wage within the following categories1:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
54
–
–
–
–
7
–
–
37
29
23
21
–
–
12
–
–
–
–
–
Goods-producing industries .....................................
Manufacturing ......................................................
57
70
–
–
33
41
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Insurance carriers and related activities ......
Education and health services .............................
Health care and social assistance ...................
–
34
64
64
66
–
–
9
–
–
–
–
–
–
24
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
58
56
60
–
–
–
–
–
–
–
–
11
53
49
59
19
–
17
–
–
–
12
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 30. Traditional defined benefit plans: Terminal earnings formulas, private industry
workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans with a terminal earnings formula = 100 percent)
Characteristics
Flat percent per year of service
Flat
percent
50th
per year
10th
25th
75th
90th
percentile
of service percentile percentile
percentile percentile
(median)
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
See footnotes at end of table.
64
77
60
–
–
45
–
–
83
56
66
–
1.00
–
–
–
–
–
–
1.35
1.45
1.45
1.25
1.25
–
–
–
1.60
–
–
1.50
–
–
1.50
–
1.50
–
–
1.60
–
–
–
2.00
2.00
1.60
2.00
1.60
–
–
1.60
–
–
5.00
2.00
2.00
2.00
2.00
1.60
–
–
2.00
–
–
5.00
2.00
2.00
Table 30. Traditional defined benefit plans: Terminal earnings formulas,
private industry workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans with a terminal earnings formula = 100
percent)
Percent per year varies by
Characteristics
Percent
per year
varies
Service Earnings
Earnings
and
service
Other
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
–
–
–
49
52
–
56
66
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
36
36
–
19
20
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 30. Standard errors for traditional defined benefit plans: Terminal earnings
formulas, private industry workers, National Compensation Survey, 2014
Characteristics
Flat percent per year of service
Flat
percent
50th
per year
10th
25th
75th
90th
percentile
of service percentile percentile
percentile percentile
(median)
Worker characteristics
All workers ...............................................................
4.5
0.09
0.09
0.10
0.43
0.04
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
6.1
6.9
7.2
19.1
–
–
5.5
–
–
–
–
12.2
0.07
0.05
0.22
0.00
–
–
0.04
–
–
–
–
0.00
0.24
0.21
0.16
–
–
–
0.24
–
–
–
–
0.00
0.07
0.04
0.15
0.09
–
–
0.07
–
–
–
–
–
0.40
0.42
0.30
0.00
–
–
0.05
–
–
–
–
0.42
–
0.04
–
0.00
–
–
0.25
–
–
–
–
0.00
Full time ...................................................................
Part time ..................................................................
4.9
9.4
0.20
0.00
0.13
0.29
0.07
0.13
0.41
0.22
0.09
0.26
Union .......................................................................
Nonunion .................................................................
7.6
–
0.16
–
0.17
–
0.15
–
0.36
–
0.00
–
Average wage within the following categories1:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
8.3
4.6
6.6
–
0.10
–
0.18
–
0.24
0.10
0.23
–
0.29
0.10
0.12
–
0.00
0.00
0.00
–
0.22
0.23
0.43
Goods-producing industries .....................................
Manufacturing ......................................................
–
–
–
–
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Insurance carriers and related activities ......
Education and health services .............................
Health care and social assistance ...................
5.3
8.4
–
–
–
8.4
10.0
–
0.00
–
–
–
0.07
0.22
0.13
0.09
–
–
–
0.28
0.19
0.13
–
–
–
–
0.27
0.37
0.16
0.45
–
–
–
0.38
0.37
0.26
0.00
–
–
–
0.00
0.00
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
–
–
–
5.4
10.2
5.8
–
–
–
–
0.27
0.00
–
–
–
0.24
0.17
0.19
–
–
–
0.07
0.44
0.14
–
–
–
0.34
0.00
0.00
–
–
–
0.00
–
0.12
Establishment characteristics
See footnotes at end of table.
Table 30. Standard errors for traditional defined benefit plans: Terminal
earnings formulas, private industry workers, National Compensation
Survey, 2014—continued
Percent per year varies by
Characteristics
Percent
per year
varies
Service Earnings
Earnings
and
service
Other
Worker characteristics
All workers ...............................................................
–
–
4.0
2.7
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
5.6
13.1
–
9.0
9.2
8.6
9.7
12.2
2.0
–
2.7
–
3.1
–
3.6
–
–
–
–
–
4.7
6.6
–
–
5.4
–
4.3
6.8
7.8
9.5
12.3
12.3
–
–
–
–
3.4
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
–
–
–
–
4.2
–
2.8
–
–
–
Union .......................................................................
Nonunion .................................................................
–
4.9
–
1.5
–
4.7
–
3.7
–
–
Average wage within the following categories1:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
8.7
–
–
–
–
1.8
–
–
9.9
6.5
4.7
5.6
–
–
3.5
–
–
–
–
–
Goods-producing industries .....................................
Manufacturing ......................................................
9.7
7.3
–
–
8.0
8.4
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Insurance carriers and related activities ......
Education and health services .............................
Health care and social assistance ...................
–
8.4
6.1
6.1
9.0
–
–
1.8
–
–
–
–
–
–
4.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
7.4
8.9
13.9
–
–
–
–
–
–
–
–
2.1
7.7
9.6
14.0
3.8
–
4.6
–
–
–
3.3
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 30. Standard errors for traditional defined benefit plans: Terminal earnings
formulas, private industry workers, National Compensation Survey, 2014—continued
Characteristics
Flat percent per year of service
Flat
percent
50th
per year
10th
25th
75th
90th
percentile
of service percentile percentile
percentile percentile
(median)
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
See footnotes at end of table.
8.7
12.5
11.2
–
–
11.1
–
–
10.5
15.8
15.7
–
0.17
–
–
–
–
–
–
0.40
0.20
0.13
0.31
0.14
–
–
–
0.32
–
–
0.41
–
–
0.22
–
0.21
–
–
0.00
–
–
–
0.43
0.36
0.04
0.46
0.08
–
–
0.10
–
–
0.00
0.00
0.00
0.22
0.33
0.22
–
–
0.53
–
–
0.00
0.00
0.00
Table 30. Standard errors for traditional defined benefit plans: Terminal
earnings formulas, private industry workers, National Compensation
Survey, 2014—continued
Percent per year varies by
Characteristics
Percent
per year
varies
Service Earnings
Earnings
and
service
Other
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
–
–
–
7.0
6.9
–
8.6
6.2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
7.3
9.2
–
4.9
5.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
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 2014."
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/glossary20142015.htm.
–
–
–
–
–
–
–
–
–
–
–
Table 31. Traditional defined benefit plans: Definition of terminal earnings, private industry
workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans with a terminal earnings formula = 100 percent)
Five years
Characteristics
Total
High
consecutive
five
High five
Other period
Not
determinable
Worker characteristics
All workers ...............................................................
72
19
51
21
6
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
67
65
68
50
72
86
69
94
93
82
78
85
15
24
–
–
25
–
25
–
–
27
–
38
50
37
56
48
44
64
40
74
72
47
61
–
22
–
19
–
22
–
24
–
–
–
–
–
11
–
13
–
6
–
7
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
73
59
19
–
51
–
20
–
7
–
Union .......................................................................
Nonunion .................................................................
72
73
–
21
57
48
–
26
–
2
Average wage within the following categories1:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
74
71
73
66
19
20
19
19
49
48
53
46
–
–
25
34
–
–
2
–
Goods-producing industries .....................................
Manufacturing ......................................................
69
74
–
–
50
49
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Insurance carriers and related activities ......
74
79
95
95
94
21
43
40
40
–
51
35
47
47
58
17
–
–
–
–
9
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
500 workers or more ............................................
90
92
86
68
72
27
–
–
17
18
56
64
–
49
53
–
–
–
24
28
–
–
–
8
–
Establishment characteristics
See footnotes at end of table.
Table 31. Traditional defined benefit plans: Definition of terminal earnings, private industry
workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans with a terminal earnings formula = 100 percent)
Five years
Characteristics
Total
High
consecutive
five
High five
Other period
Not
determinable
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
94
90
96
68
74
55
80
82
74
–
–
–
24
32
–
–
–
–
65
72
63
43
42
46
60
69
–
–
–
–
32
–
–
–
–
–
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
–
–
–
–
–
–
–
–
–
Table 31. Standard errors for traditional defined benefit plans: Definition of terminal earnings,
private industry workers, National Compensation Survey, 2014
Five years
Characteristics
Total
High
consecutive
five
High five
Other period
Not
determinable
Worker characteristics
All workers ...............................................................
6.1
3.2
5.3
4.0
6.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
9.6
10.6
11.0
14.0
6.1
9.4
6.9
2.4
3.0
6.8
8.5
10.6
4.2
6.5
–
–
5.2
–
5.2
–
–
6.9
–
10.8
8.3
6.1
10.4
13.8
5.8
13.8
5.3
8.1
9.4
7.4
8.7
–
6.0
–
5.7
–
4.6
–
5.2
–
–
–
–
–
10.2
–
11.6
–
5.7
–
6.8
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
6.2
13.6
3.3
–
5.4
–
4.0
–
6.3
–
Union .......................................................................
Nonunion .................................................................
14.3
4.9
–
3.7
13.0
4.5
–
4.8
–
1.5
Average wage within the following categories1:
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
8.8
10.6
5.9
7.9
5.4
4.7
3.8
5.4
7.8
8.1
5.9
6.2
–
–
5.7
7.9
–
–
1.9
–
Goods-producing industries .....................................
Manufacturing ......................................................
7.5
7.0
–
–
6.4
6.6
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Insurance carriers and related activities ......
8.1
7.9
3.4
3.4
5.2
4.0
9.0
7.6
7.6
–
7.0
8.6
6.2
6.2
9.2
4.4
–
–
–
–
8.3
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
500 workers or more ............................................
6.3
6.3
10.9
7.3
6.4
5.7
–
–
3.6
4.4
7.2
8.5
–
6.4
6.1
–
–
–
4.8
6.4
–
–
–
7.6
–
Establishment characteristics
See footnotes at end of table.
Table 31. Standard errors for traditional defined benefit plans: Definition of terminal earnings,
private industry workers, National Compensation Survey, 2014—continued
Five years
Characteristics
Total
High five
High
consecutive
five
Other period
Not
determinable
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
2.7
7.2
3.0
7.0
8.8
11.0
7.4
9.0
9.7
–
–
–
4.8
7.1
–
–
–
–
8.8
12.6
11.0
6.4
9.6
9.2
8.4
5.5
–
–
–
–
7.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
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 2014."
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/glossary20142015.htm.
Table 32. Traditional defined benefit plans: Normal retirement age and service
requirements,1 private industry workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
With age and
service
requirement
With age only
requirement
With service
only
requirement
With age plus
service
requirement
Worker characteristics
All workers ...............................................................
82
11
4
3
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
82
76
85
78
77
79
82
–
–
–
12
–
12
5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
97
66
78
72
83
–
–
14
22
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
82
87
12
–
–
–
–
–
Union .......................................................................
Nonunion .................................................................
83
81
–
17
7
–
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
89
78
82
83
–
13
11
–
–
–
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
83
97
74
11
–
17
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
82
83
81
77
89
89
58
80
79
70
81
86
11
–
–
–
–
–
–
20
21
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
64
–
–
Establishment characteristics
See footnotes at end of table.
Table 32. Traditional defined benefit plans: Normal retirement age and service
requirements,1 private industry workers, National Compensation Survey,
2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
With age and
service
requirement
With age only
requirement
With service
only
requirement
With age plus
service
requirement
76
77
76
84
85
84
–
–
–
10
–
11
–
–
–
–
–
–
–
–
–
–
–
–
77
72
78
84
86
90
78
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
95
83
80
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest:
West North Central ............................................
West .........................................................................
Pacific ..................................................................
1 Normal retirement occurs when the specific age, length of service, or combination of age and length of service plan requirements are
satisfied and the participant may retire and receive all accrued benefits without a reduction or penalty. In some plans, participants must
satisfy a minimum service requirement to be vested in the plan. Typical vesting requirements are 3 or 5 years of services. These
requirements are not included in the service requirements for normal retirement.
2 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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 32. Standard errors for traditional defined benefit plans: Normal retirement age
and service requirements,1 private industry workers, National Compensation Survey,
2014
Characteristics
With age and
service
requirement
With age only
requirement
With service
only
requirement
With age plus
service
requirement
Worker characteristics
All workers ...............................................................
2.4
1.9
1.0
0.7
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
4.9
9.8
3.9
3.2
5.9
4.3
4.5
–
–
–
2.6
–
3.1
1.2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3.2
8.6
4.5
4.4
6.0
–
–
3.9
5.1
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
2.7
3.0
2.1
–
–
–
–
–
Union .......................................................................
Nonunion .................................................................
2.5
3.6
–
3.5
1.9
–
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
3.6
3.5
3.9
5.8
–
2.9
3.0
–
–
–
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.5
3.3
4.9
3.2
–
4.6
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
3.1
3.4
10.9
4.3
6.1
8.2
11.9
5.0
5.5
11.5
4.7
4.8
2.2
–
–
–
–
–
–
5.0
5.5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
11.2
–
–
Establishment characteristics
See footnotes at end of table.
Table 32. Standard errors for traditional defined benefit plans: Normal retirement age
and service requirements,1 private industry workers, National Compensation Survey,
2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
With age and
service
requirement
With age only
requirement
With service
only
requirement
With age plus
service
requirement
5.5
8.9
6.6
2.6
3.9
3.2
–
–
–
2.1
–
2.3
–
–
–
–
–
–
–
–
–
–
–
–
6.3
9.7
7.8
4.2
5.0
6.2
8.8
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
4.0
4.8
6.4
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest:
West North Central ............................................
West .........................................................................
Pacific ..................................................................
1 Normal retirement occurs when the specific age, length of service, or combination of age and length of service plan requirements are
satisfied and the participant may retire and receive all accrued benefits without a reduction or penalty. In some plans, participants must
satisfy a minimum service requirement to be vested in the plan. Typical vesting requirements are 3 or 5 years of services. These
requirements are not included in the service requirements for normal retirement.
2 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 2014."
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/glossary20142015.htm.
Table 33. Traditional defined benefit plans: Selected normal retirement age
requirements,1 private industry workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans = 100 percent)
Age less than 65
Characteristics
Less than 10
years of
service2
Age 65
10 years or
more of
service
Less than 10
years of
service2
10 years or
more of
service
Worker characteristics
All workers ...............................................................
16
21
57
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
15
–
–
–
19
18
19
–
17
–
22
32
56
52
58
63
59
66
57
55
–
–
–
–
–
–
–
–
–
–
15
–
–
26
39
21
–
24
52
57
58
66
52
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
17
–
23
–
55
72
–
–
Union .......................................................................
Nonunion .................................................................
18
–
25
16
52
64
–
–
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
16
–
15
–
–
14
17
28
24
84
64
58
51
53
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
–
–
–
20
27
18
54
48
65
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
–
–
–
–
–
–
–
–
–
–
–
–
21
21
–
–
34
–
63
27
29
–
40
–
59
59
55
73
–
59
36
61
59
72
39
59
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
63
58
–
–
Establishment characteristics
See footnotes at end of table.
Table 33. Traditional defined benefit plans: Selected normal retirement age
requirements,1 private industry workers, National Compensation Survey,
2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Normal retirement age requirements
Characteristics
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
60
62
65
65
65
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
60
60
60
62
60
60
60
60
60
60
60
62
62
62
62
62
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
60
60
60
62
60
62
65
62
65
62
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
Full time ...................................................................
Part time ..................................................................
60
62
62
65
65
65
65
65
65
65
Union .......................................................................
Nonunion .................................................................
60
60
62
62
65
65
65
65
65
65
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
65
60
60
60
60
65
62
62
62
60
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
60
60
60
62
62
65
65
65
65
65
65
65
65
65
65
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
60
60
60
62
60
55
55
60
60
62
60
60
62
62
60
65
60
57
55
62
62
62
62
62
65
65
65
65
62
65
65
65
65
65
62
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
55
60
62
60
65
65
65
65
65
65
Establishment characteristics
See footnotes at end of table.
Table 33. Traditional defined benefit plans: Selected normal retirement age
requirements,1 private industry workers, National Compensation Survey,
2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Age less than 65
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Less than 10
years of
service2
Age 65
10 years or
more of
service
Less than 10
years of
service2
10 years or
more of
service
–
–
–
21
–
–
19
25
–
22
22
22
75
69
82
50
51
50
–
–
–
–
–
–
–
–
–
–
–
–
–
13
–
–
–
–
–
28
48
–
–
–
–
–
26
24
33
14
–
–
63
50
66
61
64
–
63
58
63
–
44
–
45
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
See footnotes at end of table.
Table 33. Traditional defined benefit plans: Selected normal retirement age
requirements,1 private industry workers, National Compensation Survey,
2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Normal retirement age requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
62
60
65
60
60
60
65
65
65
62
62
62
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
60
60
60
60
60
60
60
60
60
60
60
62
60
62
62
–
62
62
60
60
62
62
62
62
62
60
65
65
65
65
65
62
65
65
65
62
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
65
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Normal retirement occurs when the specific age, length of service, or combination of age and length of service plan requirements
are satisfied and the participant may retire and receive all accrued benefits without a reduction or penalty.
2 Includes workers in plans with no minimum service requirements.
3 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 2014."
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/glossary20142015.htm.
Table 33. Standard errors for traditional defined benefit plans: Selected normal
retirement age requirements,1 private industry workers, National Compensation
Survey, 2014
Age less than 65
Characteristics
Less than 10
years of
service2
Age 65
10 years or
more of
service
Less than 10
years of
service2
10 years or
more of
service
Worker characteristics
All workers ...............................................................
3.6
2.6
3.5
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
–
–
–
–
3.9
–
–
–
4.3
4.7
5.6
–
3.3
–
4.4
5.6
7.5
9.7
8.9
10.4
4.5
6.6
5.2
6.8
–
–
–
–
–
–
–
–
–
–
4.0
–
–
6.2
9.2
4.5
–
5.8
8.8
9.3
6.0
7.5
6.9
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
3.9
–
2.9
–
3.8
4.7
–
–
Union .......................................................................
Nonunion .................................................................
4.8
–
3.8
3.1
4.8
4.7
–
–
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
4.8
–
4.1
–
–
3.3
3.6
3.8
5.0
5.6
6.5
6.0
4.7
7.2
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
–
–
–
3.9
7.2
5.2
6.6
9.5
6.5
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
–
–
–
–
–
–
–
–
–
–
–
–
3.1
3.7
–
–
10.0
–
10.7
7.5
8.0
–
9.8
–
4.2
4.3
13.2
5.8
–
15.3
10.6
7.8
8.5
12.5
8.4
13.3
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
11.0
16.1
–
–
Establishment characteristics
See footnotes at end of table.
Table 33. Standard errors for traditional defined benefit plans: Selected normal
retirement age requirements,1 private industry workers, National Compensation
Survey, 2014—continued
Normal retirement age requirements
Characteristics
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
0.0
0.0
0.0
0.0
0.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
0.0
1.6
0.0
2.7
0.0
2.6
2.0
1.0
2.2
2.2
2.5
2.0
0.0
3.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.5
5.1
0.5
2.7
0.0
0.0
2.6
0.0
3.5
1.0
2.2
0.0
0.0
0.0
1.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Full time ...................................................................
Part time ..................................................................
0.0
2.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Union .......................................................................
Nonunion .................................................................
0.0
0.0
0.0
1.5
0.0
0.0
0.0
0.0
0.0
0.0
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
4.3
0.8
0.0
0.0
2.7
0.0
1.3
0.0
0.9
1.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
0.0
1.8
2.6
0.3
0.0
2.2
0.0
3.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
0.0
0.0
5.4
0.9
0.0
0.0
0.0
1.9
1.7
2.7
3.6
0.0
0.0
0.9
2.3
0.0
2.0
3.0
1.8
0.0
0.0
3.3
0.6
3.5
0.0
0.0
1.5
0.0
2.6
5.3
6.4
0.0
0.9
0.0
0.0
0.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.3
0.0
0.8
4.6
0.0
0.9
0.0
0.0
0.0
0.0
Establishment characteristics
See footnotes at end of table.
Table 33. Standard errors for traditional defined benefit plans: Selected normal
retirement age requirements,1 private industry workers, National Compensation
Survey, 2014—continued
Age less than 65
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Less than 10
years of
service2
Age 65
10 years or
more of
service
Less than 10
years of
service2
10 years or
more of
service
–
–
–
4.9
–
–
3.2
5.1
–
3.3
4.6
4.0
3.9
5.8
5.9
4.4
6.2
5.7
–
–
–
–
–
–
–
–
–
–
–
–
–
3.5
–
–
–
–
–
5.8
10.0
–
–
–
–
–
4.0
4.3
9.9
3.8
–
–
5.5
10.2
6.7
6.4
8.6
–
13.0
5.8
6.6
–
9.9
–
12.3
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
See footnotes at end of table.
Table 33. Standard errors for traditional defined benefit plans: Selected normal
retirement age requirements,1 private industry workers, National Compensation
Survey, 2014—continued
Normal retirement age requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
2.3
1.7
3.9
0.0
0.8
0.0
0.0
2.6
0.0
1.0
1.9
1.1
0.0
0.0
0.0
0.0
0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
1.9
0.0
4.9
0.0
0.0
2.2
2.7
2.8
0.0
0.0
0.0
2.7
1.2
–
3.0
3.7
2.8
5.8
0.0
1.6
0.0
2.7
0.0
2.4
0.0
0.0
0.0
0.0
0.0
3.9
0.0
0.0
0.0
3.6
3.4
3.0
4.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Normal retirement occurs when the specific age, length of service, or combination of age and length of service plan requirements
are satisfied and the participant may retire and receive all accrued benefits without a reduction or penalty.
2 Includes workers in plans with no minimum service requirements.
3 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 2014."
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/glossary20142015.htm.
Table 34. Traditional defined benefit plans: Normal retirement1 service requirements, private
industry workers, National Compensation Survey, 2014
(Includes all workers in traditional defined benefit plans with a service requirement)
Normal retirement service requirements
Characteristics
10th
percentile
50th
percentile
(median)
25th
percentile
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
5
5
5
–
30
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
–
15
–
5
–
5
–
–
20
–
20
–
25
–
30
30
5
5
5
5
5
5
5
5
5
5
5
–
5
5
5
10
30
10
–
–
–
30
30
30
–
Full time ...................................................................
Part time ..................................................................
5
5
5
5
5
5
10
5
30
–
Union .......................................................................
Nonunion .................................................................
5
5
5
5
5
5
10
–
30
20
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
–
–
15
5
20
–
30
25
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
5
5
5
5
5
5
5
5
5
–
10
–
–
–
30
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
–
5
5
5
5
5
5
5
–
5
5
–
–
5
5
–
–
5
–
–
10
5
–
30
30
–
20
–
25
–
30
–
–
5
30
35
30
–
30
20
30
20
–
5
–
5
–
5
35
5
35
–
Establishment characteristics
See footnotes at end of table.
Table 34. Traditional defined benefit plans: Normal retirement1 service requirements, private
industry workers, National Compensation Survey, 2014—continued
(Includes all workers in traditional defined benefit plans with a service requirement)
Normal retirement service requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
50th
percentile
(median)
25th
percentile
75th
percentile
90th
percentile
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
–
–
5
10
–
–
30
30
–
25
–
30
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
–
5
5
5
5
5
5
5
5
5
5
5
–
–
–
–
–
5
–
–
–
–
–
–
–
30
30
–
20
25
–
–
30
30
30
–
30
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Normal retirement occurs when the specific age, length of service, or combination of age and length of service plan requirements are satisfied
and the participant may retire and receive all accrued benefits without a reduction or penalty.
2 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 2014."
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/glossary20142015.htm.
Table 34. Standard errors for traditional defined benefit plans: Normal retirement1 service
requirements, private industry workers, National Compensation Survey, 2014
Normal retirement service requirements
Characteristics
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
0.0
0.0
0.0
–
7.5
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
4.4
–
0.0
–
0.0
–
–
2.6
–
1.6
–
6.9
–
4.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
2.6
0.0
2.4
–
–
–
0.0
4.3
0.0
–
Full time ...................................................................
Part time ..................................................................
0.0
0.0
0.0
0.0
0.0
0.0
2.4
0.0
4.1
–
Union .......................................................................
Nonunion .................................................................
0.0
0.0
0.0
0.0
0.0
0.0
1.6
–
1.6
3.4
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
3.9
0.0
2.4
–
0.9
6.3
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
2.6
–
–
–
3.9
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
1.3
–
–
0.0
0.0
–
–
0.0
–
–
0.0
0.0
–
0.0
0.0
–
5.6
–
7.1
–
5.0
–
–
0.0
7.8
3.0
0.0
–
7.7
0.0
0.0
3.6
–
0.0
–
0.0
–
0.0
6.9
0.0
0.0
–
Establishment characteristics
See footnotes at end of table.
Table 34. Standard errors for traditional defined benefit plans: Normal retirement1 service
requirements, private industry workers, National Compensation Survey, 2014—continued
Normal retirement service requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
0.0
2.4
–
–
0.0
0.0
–
4.1
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
–
–
0.0
–
–
–
–
–
–
–
3.4
0.0
–
5.4
6.9
–
–
0.0
7.5
0.0
–
0.0
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Normal retirement occurs when the specific age, length of service, or combination of age and length of service plan requirements are satisfied
and the participant may retire and receive all accrued benefits without a reduction or penalty.
2 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 2014."
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/glossary20142015.htm.
Table 35. Traditional defined benefit plans: Availability of early retirement with selected
requirements,1 private industry workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans = 100 percent)
Early retirement age requirements
Characteristics
Early
retirement
available
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
99
50
55
55
55
55
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
100
100
100
100
99
100
98
99
50
50
50
55
50
50
50
50
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
60
99
99
98
100
97
55
50
50
50
50
55
50
50
55
50
55
55
55
55
55
55
55
55
55
55
62
55
55
55
57
Full time ...................................................................
Part time ..................................................................
99
100
50
50
55
55
55
55
55
55
55
55
Union .......................................................................
Nonunion .................................................................
99
100
50
50
52
55
55
55
55
55
55
55
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
100
99
99
99
100
52
50
50
50
55
55
55
52
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
100
100
100
50
55
50
55
55
55
55
55
55
55
55
55
55
60
55
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
99
98
100
100
94
100
100
98
97
100
95
100
50
50
50
50
47
55
50
50
50
50
50
50
55
50
55
52
50
55
50
55
55
55
55
55
55
55
55
55
50
55
50
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
58
55
62
55
55
55
55
55
55
55
99
100
45
50
55
55
55
55
55
55
60
55
Establishment characteristics
See footnotes at end of table.
Table 35. Traditional defined benefit plans: Availability of
early retirement with selected requirements,1 private
industry workers, National Compensation Survey,
2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Age 55
Characteristics
Less than 10
years of
service2
10 years or
more of
service
Worker characteristics
All workers ...............................................................
27
43
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
32
43
25
49
29
22
32
–
38
29
42
49
45
54
41
46
–
–
15
20
–
60
31
42
53
33
Full time ...................................................................
Part time ..................................................................
26
27
41
52
Union .......................................................................
Nonunion .................................................................
22
31
41
44
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
32
29
30
23
31
57
45
40
41
43
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
21
–
23
53
59
55
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
29
17
–
–
–
–
–
45
48
52
47
–
38
42
66
53
–
67
–
42
38
–
–
48
39
–
–
56
Establishment characteristics
See footnotes at end of table.
Table 35. Traditional defined benefit plans: Availability of early retirement with selected
requirements,1 private industry workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Early retirement age requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Early
retirement
available
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
100
100
100
99
100
98
50
50
50
50
50
50
55
55
55
55
52
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
57
55
55
55
100
100
100
98
97
96
100
100
100
100
100
100
100
50
50
50
50
55
50
50
50
50
50
50
55
50
55
55
55
55
55
55
55
52
52
52
50
55
50
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
60
55
55
55
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
See footnotes at end of table.
Table 35. Traditional defined benefit plans: Availability of
early retirement with selected requirements,1 private
industry workers, National Compensation Survey,
2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Age 55
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Less than 10
years of
service2
10 years or
more of
service
28
37
–
26
22
30
47
40
57
41
42
39
34
–
37
19
22
–
–
25
26
20
31
74
18
41
46
40
49
53
–
50
42
43
39
34
–
40
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Early retirement is the age at which plan participants may retire and receive all accrued
benefits, minus a reduction for the number of years by which their retirement age precedes their
normal retirement age.
2 Includes workers in plans with no minimum service requirements.
3 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 2014."
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/glossary20142015.htm.
Table 35. Standard errors for traditional defined benefit plans: Availability of early retirement
with selected requirements,1 private industry workers, National Compensation Survey, 2014
Early retirement age requirements
Characteristics
Early
retirement
available
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
0.5
0.0
0.0
0.0
0.0
0.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
0.1
0.2
(3)
(3)
0.8
0.0
1.2
0.7
0.8
6.9
0.0
0.0
0.0
2.0
0.0
0.0
0.8
0.0
3.5
0.0
0.9
2.5
1.2
2.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.1
0.7
0.7
1.8
0.0
3.2
0.0
0.0
0.0
0.0
3.4
0.0
0.0
2.3
0.0
0.0
0.0
1.6
0.0
0.0
1.6
0.0
0.0
0.0
0.0
0.0
2.7
4.6
1.5
0.0
2.4
Full time ...................................................................
Part time ..................................................................
0.6
0.0
0.0
0.5
0.0
2.0
0.0
0.0
0.0
0.0
0.0
0.0
Union .......................................................................
Nonunion .................................................................
1.0
0.4
0.0
3.0
3.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Average wage within the following categories4:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
0.3
0.9
0.8
0.6
0.4
3.4
0.4
0.0
0.0
2.6
0.0
1.9
4.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.9
0.0
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
0.0
0.0
0.0
5.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.4
0.0
0.0
2.7
0.0
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
0.7
2.1
0.0
0.0
6.0
0.0
0.0
2.4
2.6
0.0
4.9
0.1
0.0
0.0
3.3
0.0
3.9
0.0
0.0
5.2
4.0
6.7
3.5
2.3
3.8
2.2
3.6
4.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.8
0.0
0.0
0.0
0.0
6.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.6
0.0
2.9
0.0
0.0
0.0
0.0
0.0
0.0
3.0
4.1
0.0
5.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.8
0.0
0.0
2.9
10.8
4.7
0.0
0.0
1.8
0.0
4.9
0.0
Establishment characteristics
See footnotes at end of table.
Table 35. Standard errors for traditional defined benefit
plans: Availability of early retirement with selected
requirements,1 private industry workers, National
Compensation Survey, 2014—continued
Age 55
Characteristics
Less than 10
years of
service2
10 years or
more of
service
Worker characteristics
All workers ...............................................................
3.1
3.2
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
6.4
10.6
5.9
10.2
3.3
5.0
4.0
–
6.4
8.4
7.9
10.0
4.3
5.9
4.8
4.7
–
–
3.6
5.2
–
7.7
4.7
5.9
8.0
6.5
Full time ...................................................................
Part time ..................................................................
3.5
5.8
3.7
6.7
Union .......................................................................
Nonunion .................................................................
3.5
4.3
4.3
4.6
Average wage within the following categories4:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
6.6
5.7
4.1
4.8
7.1
5.7
5.3
4.9
4.4
6.6
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
4.6
–
5.5
5.3
8.2
7.1
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
4.1
2.9
–
–
–
–
–
8.3
7.3
13.2
10.4
–
3.9
4.2
11.9
4.9
–
14.6
–
8.3
7.0
–
–
12.6
9.3
–
–
16.6
Establishment characteristics
See footnotes at end of table.
Table 35. Standard errors for traditional defined benefit plans: Availability of early retirement
with selected requirements,1 private industry workers, National Compensation Survey,
2014—continued
Early retirement age requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Early
retirement
available
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
0.0
0.0
0.0
0.7
0.4
1.5
0.0
0.0
2.7
0.0
0.0
0.0
0.0
0.9
0.0
2.3
3.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.7
0.0
2.3
0.0
0.0
1.1
0.0
0.0
0.0
1.5
2.4
4.9
0.0
0.0
0.0
0.0
0.3
0.0
0.4
0.0
0.0
0.0
2.2
5.4
5.0
3.4
0.0
0.0
1.0
0.0
0.0
0.0
0.0
4.7
0.0
0.0
0.0
5.0
2.0
3.8
4.5
3.4
5.5
0.0
1.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.9
9.9
1.2
0.0
0.0
0.0
2.3
0.0
0.0
2.9
0.0
2.8
0.0
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
See footnotes at end of table.
Table 35. Standard errors for traditional defined benefit
plans: Availability of early retirement with selected
requirements,1 private industry workers, National
Compensation Survey, 2014—continued
Age 55
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Less than 10
years of
service2
10 years or
more of
service
4.9
8.3
–
3.4
4.5
5.0
5.4
8.1
8.9
3.9
5.6
5.1
8.5
–
10.0
3.5
4.9
–
–
3.2
4.2
3.9
6.8
5.8
5.2
6.2
8.8
7.4
6.2
7.4
–
12.5
3.9
3.9
10.1
7.4
–
10.2
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Early retirement is the age at which plan participants may retire and receive all accrued
benefits, minus a reduction for the number of years by which their retirement age precedes their
normal retirement age.
2 Includes workers in plans with no minimum service requirements.
3 Less than 0.05.
4 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 2014."
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/glossary20142015.htm.
Table 36. Traditional defined benefit plans: Early retirement service requirements,1 private
industry workers, National Compensation Survey, 2014
(Includes all workers in traditional defined benefit plans with early retirement coverage and a service requirement)
Early retirement service requirements
Characteristics
10th
percentile
50th
percentile
(median)
25th
percentile
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
5
5
10
10
20
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
5
5
5
5
5
5
5
5
5
5
5
5
5
10
5
–
–
5
–
–
10
10
10
10
10
10
10
10
10
10
10
–
15
–
15
10
15
15
15
25
5
5
5
5
5
–
–
5
–
5
10
–
10
10
10
10
25
–
–
15
–
25
–
–
–
Full time ...................................................................
Part time ..................................................................
5
5
5
–
10
10
10
10
20
–
Union .......................................................................
Nonunion .................................................................
5
5
5
5
10
10
10
10
25
15
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
5
5
5
5
5
5
5
5
5
5
10
10
10
10
–
10
10
10
–
10
15
15
–
25
15
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
5
5
5
5
–
5
10
10
10
–
10
–
20
–
20
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
5
5
5
5
5
–
5
5
5
5
5
5
5
5
–
10
5
10
–
5
5
5
5
5
10
10
10
10
–
10
25
–
–
–
–
–
10
10
10
10
–
10
25
10
10
10
10
10
20
–
–
15
–
–
25
15
15
–
15
15
5
5
5
5
–
–
–
10
15
–
Establishment characteristics
See footnotes at end of table.
Table 36. Traditional defined benefit plans: Early retirement service requirements,1 private
industry workers, National Compensation Survey, 2014—continued
(Includes all workers in traditional defined benefit plans with early retirement coverage and a service requirement)
Early retirement service requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
50th
percentile
(median)
25th
percentile
75th
percentile
90th
percentile
5
5
5
5
5
5
–
5
10
5
5
5
10
10
10
10
10
–
–
–
–
10
10
–
25
25
25
15
–
–
5
5
5
5
5
5
5
5
5
5
5
5
5
5
–
5
5
5
5
–
5
5
5
5
5
5
10
10
–
10
10
5
10
10
10
10
–
5
–
10
–
10
10
10
–
–
–
15
10
10
–
10
–
25
15
15
15
10
25
25
25
–
–
10
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Early retirement is the age at which plan participants may retire and receive all accrued benefits, minus a reduction for the number of years by
which their retirement age precedes their normal retirement age.
2 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 2014."
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/glossary20142015.htm.
Table 36. Standard errors for traditional defined benefit plans: Early retirement service
requirements,1 private industry workers, National Compensation Survey, 2014
Early retirement service requirements
Characteristics
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
0.0
0.0
0.0
0.0
2.6
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.3
0.0
–
–
0.0
–
–
0.0
0.0
0.0
0.0
0.0
0.9
0.0
0.0
0.0
0.0
0.0
–
0.0
–
0.9
0.0
0.0
2.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
0.0
–
0.0
0.0
–
0.0
0.0
0.0
1.8
0.0
–
–
3.8
–
0.0
–
–
–
Full time ...................................................................
Part time ..................................................................
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
3.4
–
Union .......................................................................
Nonunion .................................................................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.9
2.4
0.9
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
0.0
0.0
0.0
0.0
0.0
0.9
0.0
0.0
0.0
0.0
0.0
0.0
1.1
0.0
–
0.0
0.0
0.9
–
0.0
4.1
0.0
–
2.7
0.0
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
–
1.6
–
4.4
–
0.0
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
1.3
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
–
–
–
–
–
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
1.3
0.0
5.8
–
–
0.0
–
–
0.0
2.7
2.0
–
0.0
0.9
0.0
0.0
0.0
0.0
–
–
–
0.0
0.0
–
Establishment characteristics
See footnotes at end of table.
Table 36. Standard errors for traditional defined benefit plans: Early retirement service
requirements,1 private industry workers, National Compensation Survey, 2014—continued
Early retirement service requirements
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
0.0
0.0
0.0
0.0
0.0
0.0
–
1.0
1.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
–
0.0
0.0
–
0.0
0.0
3.9
2.9
–
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.9
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
–
0.0
–
0.0
1.8
1.8
–
–
–
1.8
2.6
0.0
–
0.0
–
0.0
4.0
4.0
0.0
0.0
7.1
4.3
6.6
–
–
0.0
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Early retirement is the age at which plan participants may retire and receive all accrued benefits, minus a reduction for the number of years by
which their retirement age precedes their normal retirement age.
2 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 2014."
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/glossary20142015.htm.
Table 37. Traditional defined benefit plans: Early retirement reductions,1 private industry
workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans with early retirement = 100 percent)
Characteristics
Flat percent
per year
reduction2
Reduction
varies by age
or service3
Actuarial
reduction4
Other
reduction5
Not
determinable
Worker characteristics
All workers ...............................................................
39
44
14
–
3
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
30
37
27
31
32
20
37
62
42
37
45
45
56
61
54
33
–
–
–
–
11
–
9
–
–
–
–
–
–
–
–
–
5
–
8
2
1
4
(6)
1
61
62
42
32
49
33
32
46
55
38
–
–
–
–
–
–
–
–
–
–
–
1
2
4
–
Full time ...................................................................
Part time ..................................................................
40
34
42
57
15
–
–
–
3
(6)
Union .......................................................................
Nonunion .................................................................
48
29
39
49
–
17
–
–
1
4
Average wage within the following categories7:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
29
43
43
37
60
52
42
40
46
–
–
–
13
–
–
–
–
–
–
(6)
1
1
4
3
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
40
60
29
47
34
59
–
–
–
–
–
–
1
–
2
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
39
37
–
–
63
69
56
39
35
–
33
39
42
53
64
75
–
–
–
46
49
68
46
33
16
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3
–
–
–
–
–
–
3
3
–
7
6
47
42
37
–
–
–
–
–
8
7
Establishment characteristics
See footnotes at end of table.
Table 37. Traditional defined benefit plans: Early retirement reductions,1 private industry
workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans with early retirement = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Flat percent
per year
reduction2
Reduction
varies by age
or service3
Actuarial
reduction4
Other
reduction5
Not
determinable
48
57
36
36
36
35
37
34
41
47
44
49
–
–
–
15
–
–
–
–
–
–
–
–
1
1
–
3
3
4
46
51
45
41
43
35
36
37
33
32
–
38
41
48
40
43
45
42
49
49
48
43
67
36
12
–
15
–
9
–
–
–
–
–
19
–
–
–
–
–
–
–
–
–
–
–
–
–
(6)
–
1
3
3
4
4
1
12
3
3
3
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Early retirement is the age, length of service, or combination of age and length of service, requirements at which plan participants may retire and
receive all accrued benefits, minus a reduction or penalty.
2 Formerly uniform reduction and reflects a reduction in the benefit amount for each year by which early retirement precedes normal retirement. In
specific cases, flat percent per year reductions may approximate actuarial reductions, such as early retirement at age 55 with a reduction of 6 percent
per year between age 55 and the plan’s normal retirement age of 62.
3 The rate of reduction is held constant within age brackets, but differs among brackets, sometimes in approximation of an actuarial table. For
example, benefits may be reduced by 6 percent for each year between age 60 and the plan’s normal retirement age, and by 3 percent for each year
retirement precedes age 60. Also includes some plans that reduce benefits arithmetically for each year immediately below normal retirement age and
actuarially below a specified age, usually 55.
4 The amount of the normal retirement benefit is reduced based on actuarial assumptions, so that on average, the beneficiary receives the same
total lifetime benefit regardless of retirement age.
5 Reduction not derived from normal retirement formula.
6 Less than 0.5.
7 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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 37. Standard errors for traditional defined benefit plans: Early retirement reductions,1
private industry workers, National Compensation Survey, 2014
Characteristics
Flat percent
per year
reduction2
Reduction
varies by age
or service3
Actuarial
reduction4
Other
reduction5
Not
determinable
Worker characteristics
All workers ...............................................................
2.7
2.9
2.8
–
1.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
5.4
9.6
6.0
8.9
4.0
5.9
4.9
5.8
6.5
9.7
7.0
12.3
4.1
7.0
5.2
5.3
–
–
–
–
2.8
–
2.7
–
–
–
–
–
–
–
–
–
2.7
–
4.0
1.6
1.2
3.7
(6)
0.5
6.9
8.5
6.5
7.3
8.9
7.2
7.5
6.4
8.7
8.2
–
–
–
–
–
–
–
–
–
–
–
1.0
1.6
3.5
–
Full time ...................................................................
Part time ..................................................................
3.0
5.9
3.2
6.2
3.0
–
–
–
1.2
0.2
Union .......................................................................
Nonunion .................................................................
4.0
3.9
3.8
4.5
–
3.6
–
–
0.8
1.9
Average wage within the following categories7:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
5.2
4.9
4.1
6.6
7.9
7.4
4.9
4.2
7.8
–
–
–
3.2
–
–
–
–
–
–
0.2
1.2
0.9
1.6
1.9
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
4.4
7.7
5.2
5.7
8.0
6.8
–
–
–
–
–
–
1.3
–
2.2
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
3.4
5.4
–
–
14.8
15.3
13.0
9.9
8.2
–
8.9
8.1
3.5
5.5
12.3
5.9
–
–
–
7.9
7.2
11.2
8.7
8.3
3.5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1.4
–
–
–
–
–
–
3.2
3.4
–
6.7
3.2
10.5
9.7
9.6
–
–
–
–
–
5.3
3.9
Establishment characteristics
See footnotes at end of table.
Table 37. Standard errors for traditional defined benefit plans: Early retirement reductions,1
private industry workers, National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Flat percent
per year
reduction2
Reduction
varies by age
or service3
Actuarial
reduction4
Other
reduction5
Not
determinable
6.6
6.7
9.8
3.6
4.7
4.9
4.5
5.9
6.8
4.1
5.8
5.9
–
–
–
3.6
–
–
–
–
–
–
–
–
0.7
1.3
–
1.4
2.2
1.7
5.9
12.6
6.7
4.8
6.6
5.8
4.0
4.7
7.7
6.0
–
7.6
4.9
11.9
5.3
5.6
6.6
10.6
5.4
6.2
11.4
7.3
8.2
7.4
3.5
–
4.4
–
2.4
–
–
–
–
–
5.4
–
–
–
–
–
–
–
–
–
–
–
–
–
0.3
–
0.4
1.8
2.1
4.1
3.1
1.2
9.8
2.1
3.0
2.6
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Reduction for each year prior to normal retirement.
Formerly uniform reduction and reflects a reduction in the benefit amount for each year by which early retirement precedes normal retirement. In
specific cases, flat percent per year reductions may approximate actuarial reductions, such as early retirement at age 55 with a reduction of 6 percent
per year between age 55 and the plan’s normal retirement age of 62.
3 The rate of reduction is held constant within age brackets, but differs among brackets, sometimes in approximation of an actuarial table. For
example, benefits may be reduced by 6 percent for each year between age 60 and the plan’s normal retirement age, and by 3 percent for each year
retirement precedes age 60. Also includes some plans that reduce benefits arithmetically for each year immediately below normal retirement age and
actuarially below a specified age, usually 55.
4 The amount of the normal retirement benefit is reduced based on actuarial assumptions, so that on average, the beneficiary receives the same
total lifetime benefit regardless of retirement age.
5 Reduction not derived from normal retirement formula.
6 Less than 0.05.
7 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 2014."
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/glossary20142015.htm.
Table 38. Traditional defined benefit plans: Disability retirement benefits, private industry workers, National
Compensation Survey, 2014
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
Disability
retirement
available
Disability retirement begins
Immediate1
Disability
retirement not
available
Not
determinable
Deferred
Not
determinable
Worker characteristics
All workers ...............................................................
82
53
29
1
16
2
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
77
81
75
93
82
80
82
85
40
30
45
66
55
62
52
71
36
50
29
–
25
–
29
13
1
1
1
–
1
–
1
1
20
19
21
–
15
–
16
15
3
(2)
4
–
3
–
2
(2)
87
83
83
73
91
82
60
48
44
51
–
–
35
–
40
–
–
–
–
–
–
17
16
26
–
–
(2)
1
1
–
Full time ...................................................................
Part time ..................................................................
81
92
50
73
30
–
1
–
17
–
2
–
Union .......................................................................
Nonunion .................................................................
90
74
73
31
17
41
(2)
1
9
24
1
3
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
95
80
84
80
77
73
46
60
48
34
–
34
24
31
42
–
1
1
1
1
–
19
15
18
19
–
1
1
2
4
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
81
85
80
57
85
48
24
–
32
–
–
–
19
–
20
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
83
86
85
89
98
–
71
75
73
92
79
74
51
53
–
80
–
–
67
32
27
–
42
56
31
30
–
–
63
–
–
43
46
81
37
17
1
3
18
–
–
–
–
–
–
–
–
1
15
12
–
–
–
–
–
22
23
–
–
21
2
2
–
–
–
3
–
3
3
–
–
5
74
77
–
63
–
–
10
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 38. Traditional defined benefit plans: Disability retirement benefits, private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Disability
retirement
available
Disability retirement begins
Immediate1
Disability
retirement not
available
Not
determinable
Deferred
Not
determinable
74
73
76
86
86
85
46
46
46
56
68
42
28
–
–
29
17
43
–
–
–
1
1
1
24
25
23
13
13
12
1
2
( )
2
1
3
88
79
90
75
76
71
74
84
81
92
85
90
84
50
56
48
33
37
–
29
66
59
84
72
69
73
36
–
42
42
39
–
44
–
–
–
–
20
–
2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
25
23
–
26
15
18
–
9
–
–
–
–
–
1
1
–
–
1
1
–
5
–
–
2
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
Immediate disability pensions may be supplemented by additional allowances until an employee reaches a specified age or becomes eligible for Social Security.
Less than 0.5.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 38. Standard errors for traditional defined benefit plans: Disability retirement benefits, private industry
workers, National Compensation Survey, 2014
Characteristics
Disability
retirement
available
Disability retirement begins
Immediate1
Disability
retirement not
available
Not
determinable
Deferred
Not
determinable
Worker characteristics
All workers ...............................................................
1.8
3.4
3.1
0.5
1.8
0.7
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.8
4.0
4.8
3.8
4.0
6.6
4.2
4.0
6.7
7.4
7.3
8.2
4.5
7.1
5.4
5.0
6.1
8.9
5.8
–
3.6
–
3.8
3.7
1.0
0.7
1.3
–
0.7
–
1.0
0.6
3.8
4.0
4.9
–
3.6
–
4.0
4.0
1.6
(2)
2.4
–
1.7
–
1.5
0.1
7.0
3.6
3.3
5.4
3.0
7.5
7.3
6.2
8.4
7.4
–
–
6.1
–
6.8
–
–
–
–
–
–
3.6
3.2
5.3
–
–
0.1
0.5
1.0
–
Full time ...................................................................
Part time ..................................................................
2.1
2.5
3.7
6.5
3.6
–
0.5
–
2.0
–
0.8
–
Union .......................................................................
Nonunion .................................................................
1.8
3.1
4.1
4.2
3.7
4.9
0.2
1.0
1.8
3.1
0.4
1.3
Average wage within the following categories3:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
2.3
4.6
3.5
2.6
3.9
7.4
5.7
6.0
4.1
6.3
–
6.7
4.8
4.3
7.2
–
0.8
0.4
0.8
1.0
–
4.6
3.5
2.6
3.4
–
0.7
0.7
1.1
2.5
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.4
7.2
4.4
6.5
7.2
7.0
6.2
–
8.2
–
–
–
3.4
–
4.4
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
2.5
2.6
9.6
3.2
2.1
–
10.7
6.7
6.4
4.9
8.3
6.5
4.1
5.7
–
4.5
–
–
10.7
8.4
5.9
–
9.2
9.4
3.7
5.5
–
–
12.6
–
–
6.5
6.1
9.5
8.0
5.0
0.7
1.9
11.8
–
–
–
–
–
–
–
–
0.2
2.4
2.6
–
–
–
–
–
6.1
5.8
–
–
6.0
1.0
0.8
–
–
–
1.9
–
3.1
3.3
–
–
3.9
6.7
7.3
–
9.9
–
–
2.2
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 38. Standard errors for traditional defined benefit plans: Disability retirement benefits, private industry
workers, National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Disability
retirement
available
Disability retirement begins
Immediate1
Deferred
Not
determinable
Disability
retirement not
available
Not
determinable
5.3
7.3
5.8
1.8
2.9
2.7
5.6
7.5
9.6
4.0
4.8
5.8
5.9
–
–
3.7
3.3
5.6
–
–
–
0.7
1.2
0.3
5.2
7.1
5.7
1.8
2.8
2.7
0.9
1.5
0.4
1.0
0.5
2.0
3.6
10.9
3.0
2.9
3.1
10.6
5.9
4.2
5.1
4.8
3.2
4.7
4.1
7.4
13.5
9.0
5.5
7.6
–
8.3
7.1
8.9
3.6
5.8
6.4
7.2
7.1
–
8.9
6.0
8.6
–
8.7
–
–
–
–
4.7
–
1.8
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
2.9
3.1
–
5.9
4.2
5.1
–
2.5
–
–
–
–
–
0.3
0.5
–
–
0.9
1.2
–
3.5
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
Immediate disability pensions may be supplemented by additional allowances until an employee reaches a specified age or becomes eligible for Social Security.
Less than 0.05.
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 2014."
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/glossary20142015.htm.
Table 39. Traditional defined benefit plans: Postretirement survivor benefits,
private industry workers, National Compensation Survey, 2014
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
Joint-andsurvivor
annuity1
Selected joint-and-survivor annuity
percentages
Other fixed
percentage
50 percent
Choice of
percentages
Worker characteristics
All workers ...............................................................
100
–
–
82
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
100
100
100
100
100
100
100
100
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
83
81
84
79
89
87
90
91
100
100
100
100
100
–
–
–
–
–
–
–
–
–
–
94
88
68
84
56
Full time ...................................................................
Part time ..................................................................
100
100
–
–
–
–
82
85
Union .......................................................................
Nonunion .................................................................
100
100
–
–
–
–
81
83
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
100
100
100
100
100
–
–
–
–
–
–
–
–
–
–
99
77
87
78
79
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
100
100
100
–
–
–
–
–
–
87
95
80
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
100
100
100
100
100
100
100
100
100
100
100
100
–
–
–
–
51
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
80
74
60
100
–
91
98
69
67
–
70
92
100
100
–
–
–
–
–
94
Establishment characteristics
See footnotes at end of table.
Table 39. Traditional defined benefit plans: Postretirement survivor benefits,
private industry workers, National Compensation Survey, 2014—continued
(All workers participating in traditional defined benefit plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Joint-andsurvivor
annuity1
Selected joint-and-survivor annuity
percentages
50 percent
Other fixed
percentage
Choice of
percentages
100
100
100
100
100
100
16
–
–
–
–
–
–
–
–
–
–
–
84
80
89
82
84
78
100
100
100
100
100
100
100
100
100
100
100
100
100
24
–
25
19
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
76
80
75
81
81
63
87
84
84
86
89
74
94
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
See glossary for additional information.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 39. Standard errors for traditional defined benefit plans: Postretirement
survivor benefits, private industry workers, National Compensation Survey, 2014
Characteristics
Joint-andsurvivor
annuity1
Selected joint-and-survivor annuity
percentages
Other fixed
percentage
50 percent
Choice of
percentages
Worker characteristics
All workers ...............................................................
0.0
–
–
2.6
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
4.8
9.8
4.8
10.1
2.2
4.7
2.0
3.6
0.0
0.0
0.0
0.0
0.0
–
–
–
–
–
–
–
–
–
–
4.5
5.2
6.1
7.2
8.1
Full time ...................................................................
Part time ..................................................................
0.0
0.0
–
–
–
–
2.9
5.8
Union .......................................................................
Nonunion .................................................................
0.0
0.0
–
–
–
–
3.5
3.2
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
0.0
0.0
0.0
0.0
0.0
–
–
–
–
–
–
–
–
–
–
0.6
5.3
3.1
4.0
6.2
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
0.0
0.0
0.0
–
–
–
–
–
–
3.6
4.6
5.9
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Education and health services .............................
Educational services:
Junior colleges, colleges, and universities
Health care and social assistance ...................
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
–
11.9
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3.4
5.7
14.9
0.0
–
5.8
1.4
5.8
6.1
–
10.9
3.5
0.0
0.0
–
–
–
–
–
3.8
Establishment characteristics
See footnotes at end of table.
Table 39. Standard errors for traditional defined benefit plans: Postretirement
survivor benefits, private industry workers, National Compensation Survey,
2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Joint-andsurvivor
annuity1
Selected joint-and-survivor annuity
percentages
50 percent
Other fixed
percentage
Choice of
percentages
0.0
0.0
0.0
0.0
0.0
0.0
4.4
–
–
–
–
–
–
–
–
–
–
–
4.4
6.4
6.2
3.3
4.2
4.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.4
–
5.1
4.7
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
4.4
8.0
5.1
4.7
6.0
15.2
6.8
6.0
7.5
9.7
5.3
19.1
3.8
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
See glossary for additional information.
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 2014."
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/glossary20142015.htm.
Table 40. Defined contribution plans: Type of plan,1 private industry workers, National
Compensation Survey, 2014
(All workers participating in defined contribution plans = 100 percent)
Characteristics
Savings and
thrift
Deferred
profit
sharing
Money
purchase
pension
Employee
stock
ownership
Simplified
employee
pension
(SEP)
Savings
incentive
match plan
(SIMPLE)
Worker characteristics
All workers ...............................................................
75
18
17
4
–
2
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
79
84
75
60
78
80
77
60
14
14
14
30
20
17
22
19
21
17
24
23
11
6
14
20
–
2
–
–
6
–
6
7
–
–
–
–
–
–
–
–
–
–
–
–
2
–
–
–
48
65
76
74
79
14
21
20
20
21
34
13
12
13
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
76
67
18
20
17
14
4
7
–
–
2
–
Union .......................................................................
Nonunion .................................................................
64
76
10
19
29
16
8
4
–
–
–
2
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
70
73
75
73
78
79
23
27
20
21
15
14
9
–
14
16
22
25
8
–
–
3
3
–
–
–
–
–
–
–
–
–
–
2
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
77
50
83
15
18
15
17
25
15
–
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
74
79
78
79
80
97
71
83
86
88
84
81
85
61
54
35
63
19
22
27
21
–
–
13
19
18
21
13
19
17
–
–
–
–
17
9
–
–
–
–
–
17
17
17
–
7
–
36
61
78
32
4
7
–
11
–
–
–
4
4
6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 40. Defined contribution plans: Type of plan,1 private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in defined contribution plans = 100 percent)
Characteristics
Savings and
thrift
Deferred
profit
sharing
Money
purchase
pension
Employee
stock
ownership
Simplified
employee
pension
(SEP)
Savings
incentive
match plan
(SIMPLE)
Leisure and hospitality .........................................
Other services ......................................................
83
55
–
–
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
68
66
71
80
81
79
25
27
20
14
17
10
11
9
14
22
14
31
6
–
–
3
4
–
–
–
–
–
–
–
5
5
–
–
–
–
74
71
75
77
76
72
82
70
69
74
78
74
80
18
–
16
15
18
8
13
24
25
22
–
–
–
16
16
17
17
18
–
11
18
20
15
16
–
21
–
–
–
5
–
–
–
–
–
5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Sum of individual items may be greater than total because multiple plans are available to some employees.
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 2014."
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/glossary20142015.htm.
Table 40. Standard errors for defined contribution plans: Type of plan, private industry workers,
National Compensation Survey, 2014
Characteristics
Savings and
thrift
Deferred
profit
sharing
Money
purchase
pension
Employee
stock
ownership
Simplified
employee
pension
(SEP)
Savings
incentive
match plan
(SIMPLE)
Worker characteristics
All workers ...............................................................
1.6
1.6
1.3
0.8
–
0.4
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
2.4
2.3
3.1
5.8
2.1
2.2
2.8
3.7
1.9
2.0
2.7
5.8
2.3
2.4
3.3
3.7
2.1
2.5
2.8
3.7
1.4
1.6
1.9
2.9
–
0.7
–
–
1.1
–
1.3
2.1
–
–
–
–
–
–
–
–
–
–
–
–
0.5
–
–
–
8.1
4.5
3.6
4.1
4.0
4.0
5.1
3.0
4.0
3.8
7.0
3.1
3.2
2.8
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
1.8
4.7
1.7
3.9
1.5
2.3
0.8
1.8
–
–
0.4
–
Union .......................................................................
Nonunion .................................................................
3.9
1.8
2.9
1.7
4.0
1.4
2.4
0.8
–
–
–
0.4
Average wage within the following categories1:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
4.5
8.7
2.1
3.0
2.1
3.1
3.6
5.7
2.2
3.0
1.8
2.2
2.1
–
2.2
2.1
1.8
2.9
2.4
–
–
0.8
1.0
–
–
–
–
–
–
–
–
–
–
0.7
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
2.3
5.6
2.6
2.8
4.6
2.9
2.4
5.0
2.8
–
–
–
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
2.0
2.0
4.5
2.3
4.3
1.2
6.7
2.0
1.6
1.8
3.9
5.6
6.4
4.8
8.1
3.8
5.7
1.9
2.6
5.6
4.8
–
–
3.3
2.2
2.1
3.1
3.3
4.2
4.9
–
–
–
–
1.6
2.4
–
–
–
–
–
2.7
2.7
3.3
–
1.8
–
5.1
10.8
4.6
5.8
0.9
2.0
–
2.2
–
–
–
0.8
0.9
1.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.4
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 40. Standard errors for defined contribution plans: Type of plan, private industry workers,
National Compensation Survey, 2014—continued
Characteristics
Savings and
thrift
Deferred
profit
sharing
Money
purchase
pension
Employee
stock
ownership
Simplified
employee
pension
(SEP)
Savings
incentive
match plan
(SIMPLE)
Leisure and hospitality .........................................
Other services ......................................................
7.6
9.8
–
–
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
2.5
2.9
4.9
1.9
2.7
3.1
2.9
3.9
3.7
1.5
2.3
1.6
1.7
1.6
3.9
1.7
1.6
3.5
1.6
–
–
0.6
1.0
–
–
–
–
–
–
–
1.0
1.2
–
–
–
–
2.8
9.2
1.9
2.4
2.1
11.8
2.0
4.1
4.5
7.9
4.0
7.3
4.4
3.9
–
3.4
0.9
1.4
0.9
1.7
3.2
4.3
4.0
–
–
–
1.9
2.9
2.1
2.7
2.8
–
2.8
2.5
3.1
3.6
3.0
–
3.7
–
–
–
1.3
–
–
–
–
–
1.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
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/glossary20142015.htm.
Table 41. Deferred profit-sharing plans: Method of employee contribution, private industry workers, National
Compensation Survey, 2014
(All workers participating in deferred profit sharing plans = 100 percent)
Characteristics
Employee
contributions
allowed1
Pre-tax employee contributions
allowed
Yes
Not
determinable
No
Post-tax2 employee
contributions allowed
Yes
Not
determinable
No
Employee
contributions
not allowed
Not
determinable
Worker characteristics
All workers ...............................................................
24
24
–
–
–
15
–
75
1
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
28
20
34
–
–
–
–
–
–
–
–
–
28
20
34
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3
3
3
(3)
1
1
3
( )
4
5
5
1
9
72
80
66
75
77
68
80
83
83
76
74
79
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
22
–
22
–
–
–
–
–
–
–
12
–
–
1
77
60
1
–
Nonunion .................................................................
25
25
–
–
8
15
2
74
1
Average wage within the following categories4:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
–
19
29
37
–
–
19
29
37
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
(3)
1
5
1
1
67
78
81
71
63
–
–
(3)
–
–
Goods-producing industries .....................................
–
–
–
–
–
–
–
92
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
27
–
27
–
–
–
–
–
–
–
17
–
–
5
72
75
1
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
25
30
–
22
26
–
25
30
–
22
26
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
13
16
–
–
–
–
–
–
3
1
1
–
74
69
90
78
74
87
1
1
–
–
–
–
40
27
28
–
29
–
–
–
–
40
27
28
–
28
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
18
–
–
–
–
–
–
–
7
–
1
1
3
(3)
1
2
4
57
69
72
70
71
86
81
82
71
2
4
–
–
–
–
–
–
–
Establishment characteristics
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Pacific ..................................................................
1
2
3
4
Sum of workers with pre-tax and post-tax contributions may be greater than total because both methods of contribution are available to some employees.
Under these plans, employees are allowed to have part or all of their post-tax retirement plan contributions grow tax free.
Less than 0.5.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 41. Standard errors for deferred profit-sharing plans: Method of employee contribution, private industry workers,
National Compensation Survey, 2014
Characteristics
Employee
contributions
allowed
Pre-tax employee contributions
allowed
Yes
Not
determinable
No
Post-tax1 employee
contributions allowed
Yes
Not
determinable
No
Employee
contributions
not allowed
Not
determinable
Worker characteristics
All workers ...............................................................
4.4
4.4
–
–
–
3.5
–
4.5
0.5
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
6.4
5.1
9.6
–
–
–
–
–
–
–
–
–
6.4
5.1
9.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1.6
1.8
2.3
0.1
0.4
0.9
0.3
2.7
3.6
3.6
0.9
7.3
6.4
5.1
9.6
11.1
7.2
12.8
7.3
5.3
6.7
8.3
11.2
9.5
–
–
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
4.5
–
4.5
–
–
–
–
–
–
–
3.1
–
–
0.7
4.6
11.7
0.4
–
Nonunion .................................................................
4.6
4.6
–
–
2.2
3.6
0.9
4.7
0.5
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
–
5.1
6.4
9.7
–
–
5.1
6.4
9.7
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.3
0.4
2.5
0.7
0.7
9.3
7.5
5.1
6.4
9.7
–
–
0.1
–
–
Goods-producing industries .....................................
–
–
–
–
–
–
–
3.3
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
5.1
–
5.1
–
–
–
–
–
–
–
4.1
–
–
2.6
5.3
8.3
0.6
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
5.7
7.1
–
6.1
7.6
–
5.7
7.1
–
6.1
7.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3.6
4.5
–
–
–
–
–
–
3.0
0.6
0.8
–
5.9
7.4
4.3
6.1
7.6
6.8
0.9
1.2
–
–
–
–
9.6
6.9
8.0
–
7.0
–
–
–
–
9.6
6.9
8.0
–
7.2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
4.5
–
–
–
–
–
–
–
3.5
–
0.8
0.6
2.7
0.4
0.6
1.9
3.0
10.0
9.5
8.0
12.1
7.0
6.7
9.2
10.2
14.3
2.2
3.1
–
–
–
–
–
–
–
Establishment characteristics
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Pacific ..................................................................
1
2
Under these plans, employees are allowed to have part or all of their post-tax retirement plan contributions grow tax free.
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 2014."
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/glossary20142015.htm.
Table 42. Deferred profit-sharing plans: Selected features, private
industry workers, National Compensation Survey, 2014
(All workers participating in deferred profit-sharing plans = 100 percent)
Employer contribution
Characteristics
Based on
Not based on
predetermined predetermined
formula
formula
Not
determinable
Worker characteristics
All workers ...............................................................
21
79
(1)
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
17
27
–
–
19
–
15
–
–
32
–
43
83
73
89
85
81
69
85
75
69
68
77
57
–
–
–
–
1
( )
–
(1)
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
21
–
79
79
(1)
–
Nonunion .................................................................
20
80
(1)
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
–
25
23
–
74
90
75
77
72
–
–
(1)
–
–
Goods-producing industries .....................................
–
70
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
19
31
81
69
(1)
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
24
20
36
17
–
–
76
80
64
83
88
72
(1)
(1)
–
–
–
–
–
–
–
–
–
–
–
–
36
80
78
76
82
53
82
84
78
64
–
–
–
–
–
–
–
–
–
Establishment characteristics
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Pacific ..................................................................
1
2
Less than 0.5.
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 2014."
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/glossary20142015.htm.
Table 42. Standard errors for deferred profit-sharing plans: Selected
features, private industry workers, National Compensation Survey, 2014
Employer contribution
Characteristics
Based on
Not based on
predetermined predetermined
formula
formula
Not
determinable
Worker characteristics
All workers ...............................................................
3.8
3.8
0.1
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
4.7
7.9
–
–
5.3
–
4.0
–
–
8.0
–
11.5
4.7
7.9
3.9
8.3
5.3
13.4
4.1
8.6
10.3
8.0
8.3
11.5
–
–
–
–
0.2
–
0.3
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
3.9
–
3.9
7.0
0.1
–
Nonunion .................................................................
3.6
3.6
0.1
Average wage within the following categories1:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
–
5.4
5.5
–
10.4
3.2
5.4
5.5
9.2
–
–
0.2
–
–
Goods-producing industries .....................................
–
9.3
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
4.0
7.6
4.0
7.6
0.1
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
4.8
4.9
10.4
4.9
–
–
4.8
4.9
10.4
4.9
4.2
10.4
0.1
0.2
–
–
–
–
–
–
–
–
–
–
–
–
6.9
6.2
7.4
8.6
11.6
14.3
6.7
7.4
8.5
6.9
–
–
–
–
–
–
–
–
–
Establishment characteristics
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Pacific ..................................................................
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 2014."
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/glossary20142015.htm.
Table 43. Money purchase pension plans: Method of employee contribution, private industry workers, National
Compensation Survey, 2014
(All workers participating in money purchase pension plans = 100 percent)
Characteristics
Employee
contributions
allowed1
Pre-tax employee contributions
allowed
Yes
Not
determinable
No
Post-tax2 employee
contributions allowed
Yes
Not
determinable
No
Employee
contributions
not allowed
Not
determinable
Worker characteristics
All workers ...............................................................
22
22
–
–
9
12
1
77
1
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
25
19
28
–
–
–
37
25
19
28
–
–
–
35
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
14
–
16
–
–
–
24
–
(3)
–
(3)
1
1
–
75
81
72
74
81
83
63
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
(3)
2
66
60
–
–
Full time ...................................................................
Part time ..................................................................
22
–
22
–
–
–
–
–
9
–
12
–
1
–
77
74
1
–
Union .......................................................................
Nonunion .................................................................
30
21
30
20
–
–
–
–
–
10
–
11
2
(3)
70
78
–
1
Average wage within the following categories4:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
19
25
21
24
–
–
24
21
24
–
–
–
–
–
–
–
–
–
–
–
–
–
8
–
–
–
11
13
12
–
1
–
1
–
74
81
71
78
76
–
–
4
(3)
–
Goods-producing industries .....................................
–
–
–
–
–
–
–
85
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
24
–
–
–
31
61
58
–
23
–
–
–
31
61
58
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
11
–
–
–
–
13
16
–
13
–
–
–
18
43
39
–
1
–
–
–
–
6
3
–
74
82
92
96
69
39
42
80
1
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
36
19
18
19
17
33
–
18
19
17
–
–
–
–
–
–
–
–
–
–
–
–
4
–
–
–
–
13
–
13
–
–
1
1
–
59
74
82
81
83
5
8
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 43. Money purchase pension plans: Method of employee contribution, private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in money purchase pension plans = 100 percent)
Characteristics
Employee
contributions
allowed1
Pre-tax employee contributions
allowed
Yes
Not
determinable
No
Post-tax2 employee
contributions allowed
Yes
Not
determinable
No
Employee
contributions
not allowed
Not
determinable
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Pacific ..................................................................
44
42
–
–
–
–
14
–
–
44
41
–
–
–
–
12
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
35
35
–
–
–
5
–
–
–
–
–
–
–
–
–
2
1
1
50
52
83
75
95
78
86
91
91
6
6
–
–
–
–
–
–
–
1
2
3
4
Sum of workers with pre-tax and post-tax contributions may be greater than total because both methods of contribution are available to some employees.
Under these plans, employees are allowed to have part or all of their post-tax retirement plan contributions grow tax free.
Less than 0.5.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 43. Standard errors for money purchase pension plans: Method of employee contribution, private industry workers,
National Compensation Survey, 2014
Characteristics
Employee
contributions
allowed
Pre-tax employee contributions
allowed
Yes
Not
determinable
No
Post-tax1 employee
contributions allowed
Yes
Not
determinable
No
Employee
contributions
not allowed
Not
determinable
Worker characteristics
All workers ...............................................................
3.2
3.3
–
–
2.6
2.2
0.4
3.4
0.8
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
4.2
4.5
5.4
–
–
–
8.6
4.2
4.5
5.4
–
–
–
8.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
2.9
–
3.7
–
–
–
6.9
–
0.1
–
0.1
0.5
0.6
–
4.2
4.5
5.4
8.1
5.4
4.7
8.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.3
1.7
11.4
13.1
–
–
Full time ...................................................................
Part time ..................................................................
3.3
–
3.3
–
–
–
–
–
2.6
–
2.3
–
0.4
–
3.4
8.2
0.9
–
Union .......................................................................
Nonunion .................................................................
7.7
3.5
7.7
3.5
–
–
–
–
–
3.0
–
2.1
1.6
0.3
7.7
3.6
–
0.9
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
5.6
5.3
3.7
5.2
–
–
5.2
3.7
5.2
–
–
–
–
–
–
–
–
–
–
–
–
–
2.3
–
–
–
2.8
2.6
3.1
–
0.5
–
0.5
–
10.1
5.6
5.9
3.6
5.2
–
–
2.8
0.1
–
Goods-producing industries .....................................
–
–
–
–
–
–
–
5.9
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
3.8
–
–
–
6.5
5.8
5.9
–
3.9
–
–
–
6.5
5.8
5.9
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3.2
–
–
–
–
3.6
4.7
–
2.6
–
–
–
4.3
5.5
5.7
–
0.5
–
–
–
–
3.4
1.9
–
4.0
6.7
6.2
2.3
6.5
5.8
5.9
8.2
1.0
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
8.1
5.6
3.1
4.9
4.1
8.1
–
3.1
4.9
4.1
–
–
–
–
–
–
–
–
–
–
–
–
1.1
–
–
–
–
2.8
–
3.7
–
–
0.5
1.3
–
8.2
7.5
3.1
4.9
4.1
3.3
5.2
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 43. Standard errors for money purchase pension plans: Method of employee contribution, private industry workers,
National Compensation Survey, 2014—continued
Characteristics
Employee
contributions
allowed
Pre-tax employee contributions
allowed
Yes
Not
determinable
No
Post-tax1 employee
contributions allowed
Yes
No
Not
determinable
Employee
contributions
not allowed
Not
determinable
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Pacific ..................................................................
6.7
7.5
–
–
–
–
3.8
–
–
6.8
7.6
–
–
–
–
3.3
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
6.3
7.9
–
–
–
1.5
–
–
–
–
–
–
–
–
–
1.9
0.9
1.1
7.3
8.5
5.4
7.9
2.1
6.5
3.8
4.3
4.9
1
2
3.9
5.1
–
–
–
–
–
–
–
Under these plans, employees are allowed to have part or all of their post-tax retirement plan contributions grow tax free.
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 2014."
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/glossary20142015.htm.
Table 44. Money purchase pension plans: Employer contributions, private industry workers, National
Compensation Survey, 2014
(All workers participating in money purchase pension plans = 100 percent)
Fixed percent of earnings
Characteristics
Fixed percent
of earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Other
Not
determinable
Worker characteristics
All workers ...............................................................
66
–
2.00
3.00
5.00
8.00
34
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
64
60
66
78
63
60
50
2.00
–
2.00
2.00
–
–
1.00
–
3.00
2.00
–
2.00
2.00
–
3.00
–
3.00
3.00
3.00
3.00
3.00
6.00
7.00
5.00
–
4.00
4.00
–
8.00
10.00
8.00
–
6.00
6.00
8.00
36
40
34
22
37
40
50
–
–
–
–
–
–
–
–
87
76
76
–
–
–
–
–
2.00
–
–
–
3.00
3.00
3.00
–
–
4.00
4.00
–
5.00
–
4.00
79
–
24
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
65
77
–
2.00
2.00
3.00
3.00
–
5.00
–
8.00
12.00
35
23
–
–
Union .......................................................................
Nonunion .................................................................
58
67
1.00
2.00
–
–
–
3.00
–
5.00
12.00
7.00
42
33
–
–
Average wage within the following categories1:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
79
76
71
58
61
2.00
–
–
2.00
2.00
3.00
2.50
2.00
–
–
–
3.00
3.00
3.00
3.00
–
4.00
4.00
6.00
6.00
12.00
5.00
6.50
9.50
10.00
–
24
29
42
39
–
–
–
–
–
Goods-producing industries .....................................
57
–
–
–
–
6.00
43
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
68
70
47
45
68
67
67
69
2.00
–
2.00
2.00
–
–
–
–
2.00
2.00
3.00
3.00
2.00
5.00
5.00
2.00
3.00
3.00
–
–
3.00
7.00
7.00
–
5.00
3.50
5.00
5.00
5.00
9.50
–
3.00
8.00
5.00
6.00
6.00
8.00
10.00
10.00
–
32
–
53
55
32
33
33
31
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
69
58
65
69
62
–
–
–
–
–
3.00
–
2.00
3.00
2.00
3.00
3.00
3.00
–
3.00
3.00
–
6.00
6.00
–
5.00
5.00
9.00
–
9.00
31
42
35
31
38
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 44. Money purchase pension plans: Employer contributions, private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in money purchase pension plans = 100 percent)
Fixed percent of earnings
Characteristics
Fixed percent
of earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Other
Not
determinable
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
48
54
77
78
67
68
61
87
60
54
–
–
–
–
–
–
–
–
2.00
–
–
–
2.00
–
3.00
–
–
3.00
–
–
–
3.00
3.00
3.00
4.00
3.00
3.00
–
–
–
7.00
6.00
–
5.00
–
4.00
–
4.00
6.00
5.00
9.50
8.00
–
–
10.00
8.00
8.00
–
6.50
6.00
52
46
23
22
–
32
39
–
40
46
–
–
–
–
–
–
–
–
–
–
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 44. Standard errors for money purchase pension plans: Employer contributions, private industry workers,
National Compensation Survey, 2014
Fixed percent of earnings
Characteristics
Fixed percent
of earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Other
Not
determinable
Worker characteristics
All workers ...............................................................
3.4
–
0.45
0.00
0.47
0.98
3.4
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
4.0
6.1
5.4
5.8
6.2
7.1
8.7
0.00
–
0.45
0.00
–
–
0.00
–
0.00
0.25
–
0.55
0.39
–
0.00
–
0.00
0.41
0.00
0.10
0.68
1.32
1.92
0.47
–
1.14
0.62
–
1.78
0.91
0.85
–
0.38
1.40
2.25
4.0
6.1
5.4
5.8
6.2
7.1
8.7
–
–
–
–
–
–
–
–
6.0
5.2
9.0
–
–
–
–
–
0.00
–
–
–
0.52
0.16
0.80
–
–
0.46
0.30
–
1.31
–
0.81
9.1
–
5.2
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
3.7
5.5
–
0.00
0.33
0.36
0.00
–
0.59
–
0.93
0.36
3.7
5.5
–
–
Union .......................................................................
Nonunion .................................................................
8.2
3.6
0.00
0.30
–
–
–
0.00
–
0.69
0.00
1.41
8.2
3.6
–
–
Average wage within the following categories1:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
8.4
4.8
5.0
4.2
5.0
0.39
–
–
0.00
0.00
0.79
0.71
0.00
–
–
–
0.00
0.07
0.35
0.63
–
0.30
0.76
1.20
0.52
0.00
0.75
1.12
1.66
0.84
–
4.8
5.0
4.2
5.0
–
–
–
–
–
Goods-producing industries .....................................
6.3
–
–
–
–
0.63
6.3
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
3.9
10.0
8.7
7.5
5.3
4.8
4.1
7.0
0.32
–
0.26
0.00
–
–
–
–
0.36
0.00
0.18
0.80
0.00
0.71
0.00
0.00
0.00
0.41
–
–
0.22
1.18
0.80
–
0.41
0.30
0.55
1.18
0.78
1.03
–
0.45
2.01
1.32
0.00
0.73
1.11
0.00
0.00
–
3.9
–
8.7
7.5
5.3
4.8
4.1
7.0
–
–
–
–
–
–
–
–
1 to 99 workers ........................................................
1 to 49 workers ....................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
6.3
8.6
3.9
5.8
5.7
–
–
–
–
–
0.58
–
0.14
0.18
0.00
0.00
0.00
0.68
–
0.74
0.62
–
1.25
1.21
–
1.19
0.00
1.76
–
1.51
6.3
8.6
3.9
5.8
5.7
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 44. Standard errors for money purchase pension plans: Employer contributions, private industry workers,
National Compensation Survey, 2014—continued
Fixed percent of earnings
Characteristics
Fixed percent
of earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Other
Not
determinable
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Pacific ..................................................................
10.1
12.9
4.4
5.8
10.7
4.7
5.8
5.9
8.4
9.4
–
–
–
–
–
–
–
–
0.18
–
–
–
0.00
–
0.73
–
–
0.00
–
–
–
0.54
0.29
0.41
0.88
0.16
0.00
–
–
–
1.43
0.71
–
1.05
–
0.89
–
1.03
1.46
1.33
1.02
2.21
–
–
2.46
1.87
2.03
–
1.43
0.47
10.1
12.9
4.4
5.8
–
4.7
5.8
–
8.4
9.4
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 2014."
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/glossary20142015.htm.
–
–
–
–
–
–
–
–
–
–
Table 45. Savings and thrift plans: Summary of provisions,1 private industry workers,
National Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
Pre-tax
contribution
Post-tax
contribution2
Automatic
enrollment
provision3
Employee
choice of
investment
for employee
funds
Employee
choice of
investment
for employer
funds
Worker characteristics
All workers ...............................................................
100
50
41
88
83
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
100
100
100
99
100
100
100
100
57
59
56
27
45
36
49
45
47
46
48
20
37
29
41
32
88
86
90
82
88
90
87
83
81
82
81
–
84
87
83
–
100
100
100
100
100
–
46
51
54
48
–
33
43
40
47
–
85
93
92
93
–
84
89
91
88
Full time ...................................................................
Part time ..................................................................
100
99
50
48
42
28
88
89
84
–
Union .......................................................................
Nonunion .................................................................
100
100
54
49
34
41
90
88
86
83
Average wage within the following categories4:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
100
100
100
100
100
100
34
38
38
47
61
69
20
–
38
42
46
50
89
81
85
89
89
91
85
–
82
84
82
86
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
100
100
100
56
31
59
45
11
50
89
87
89
85
–
87
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
99
48
40
30
34
60
–
63
72
74
68
72
58
57
34
43
52
32
39
35
35
23
53
57
40
40
42
36
57
56
65
33
–
30
37
88
92
91
90
100
–
89
–
96
94
99
93
91
–
85
98
–
82
88
87
87
94
–
87
89
89
89
86
90
91
–
84
98
–
Establishment characteristics
See footnotes at end of table.
Table 45. Savings and thrift plans: Summary of provisions,1 private industry workers,
National Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Pre-tax
contribution
Post-tax
contribution2
Automatic
enrollment
provision3
Employee
choice of
investment
for employee
funds
Employee
choice of
investment
for employer
funds
100
100
100
100
100
100
43
46
37
53
47
62
36
34
41
43
38
50
87
86
89
89
89
89
80
79
82
85
84
86
100
99
100
100
100
100
100
100
100
100
100
100
100
46
61
41
54
53
45
58
44
41
50
53
50
54
29
26
30
46
44
36
51
42
46
33
43
41
43
83
88
81
91
93
91
90
86
89
80
90
87
91
–
–
–
89
92
88
84
80
85
–
86
85
86
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 The remaining workers include both workers not receiving the benefit and workers for whom the availability of the benefit could not be
determined.
2 Under these plans, employees are allowed to have part or all of their post-tax retirement plan contributions grow tax free.
3 The employer automatically enrolls employees in the plan at a specified rate of contribution (e.g., 3 percent of earnings), unless the employee
opts out of the plan.
4 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 2014."
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/glossary20142015.htm.
Table 45. Standard errors for savings and thrift plans: Summary of provisions,1 private
industry workers, National Compensation Survey, 2014
Characteristics
Pre-tax
contribution
Post-tax
contribution2
Automatic
enrollment
provision3
Employee
choice of
investment
for employee
funds
Employee
choice of
investment
for employer
funds
Worker characteristics
All workers ...............................................................
0.1
2.1
2.0
1.5
1.9
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
0.1
(4)
0.1
0.4
0.0
0.0
(4)
(4)
2.9
4.6
3.4
3.9
2.6
3.2
3.3
5.5
3.5
4.0
3.9
3.8
2.9
2.9
3.5
3.9
2.2
4.3
2.0
5.1
2.0
2.7
2.6
3.3
3.1
4.3
3.7
–
2.0
2.8
2.8
–
0.0
(4)
(4)
(4)
0.0
–
5.1
3.7
4.3
6.7
–
4.1
4.0
4.5
6.8
–
3.3
1.3
1.7
1.7
–
3.4
1.9
1.9
3.4
Full time ...................................................................
Part time ..................................................................
(4)
0.4
2.3
4.9
2.1
4.0
1.6
2.2
1.9
–
Union .......................................................................
Nonunion .................................................................
(4)
0.1
4.5
2.2
6.0
2.1
2.6
1.6
3.4
2.0
Average wage within the following categories5:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
0.1
0.5
0.1
(4)
(4)
(4)
3.6
9.2
2.8
2.9
2.7
3.3
3.0
–
3.4
2.6
3.2
4.2
3.5
11.5
2.5
1.9
1.6
1.9
4.4
–
2.7
2.2
2.5
2.4
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
(4)
0.0
(4)
3.3
8.7
3.9
3.2
3.0
3.6
2.0
4.5
2.2
2.1
–
2.2
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
0.1
0.0
0.0
0.0
0.0
(4)
0.0
0.0
(4)
0.0
0.0
(4)
(4)
0.3
0.0
0.0
0.4
2.6
3.6
4.4
4.6
9.8
–
6.3
2.7
2.9
3.9
4.2
6.1
8.0
4.9
7.7
8.5
5.5
2.4
3.0
4.0
3.2
8.8
8.9
6.7
3.0
3.3
5.3
5.5
6.3
7.6
6.7
–
6.9
7.9
1.8
1.2
2.4
2.2
0.3
–
4.3
–
1.0
1.4
0.5
2.8
4.0
–
6.7
2.0
–
2.4
1.6
3.5
2.8
3.5
–
4.4
2.0
2.0
2.3
4.1
3.6
4.0
–
6.7
2.0
–
Establishment characteristics
See footnotes at end of table.
Table 45. Standard errors for savings and thrift plans: Summary of provisions,1 private
industry workers, National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Pre-tax
contribution
Post-tax
contribution2
Automatic
enrollment
provision3
Employee
choice of
investment
for employee
funds
Employee
choice of
investment
for employer
funds
0.0
0.0
0.0
0.1
0.2
0.0
3.7
4.3
5.2
2.5
3.9
3.2
2.9
3.4
5.0
2.7
3.9
3.4
1.7
2.2
3.2
2.2
3.4
2.0
2.5
3.2
4.1
2.4
3.7
2.1
0.3
1.0
0.1
(4)
(4)
0.0
0.0
(4)
0.0
(4)
(4)
0.0
(4)
5.8
8.9
6.4
2.7
3.0
6.3
6.0
3.8
5.4
4.4
5.3
6.4
7.2
3.6
6.5
4.3
3.6
3.8
9.2
7.9
2.8
3.4
4.2
5.1
11.8
5.0
5.0
4.2
6.3
1.8
2.1
5.2
3.5
2.8
2.8
5.7
2.3
5.5
2.3
–
–
–
2.3
2.1
5.8
5.5
3.5
3.0
–
3.3
6.4
3.8
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 The remaining workers include both workers not receiving the benefit and workers for whom the availability of the benefit could not be
determined.
2 Under these plans, employees are allowed to have part or all of their post-tax retirement plan contributions grow tax free.
3 The employer automatically enrolls employees in the plan at a specified rate of contribution (e.g., 3 percent of earnings), unless the employee
opts out of the plan.
4 Less than 0.05.
5 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 2014."
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/glossary20142015.htm.
Table 46. Savings and thrift plans: Automatic enrollment,1 private industry workers, National Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
With automatic enrollment
Characteristics
Automatic
enrollment
available
Default contribution as percent of earnings
Default
Default
Other
contribution
contribution
50th
default
as percent
10th
25th
75th
90th
not
percentile
contribution2
of earnings percentile percentile
percentile percentile
determinable
(median)
No automatic
enrollment
available
Not
determinable
Worker characteristics
All workers ...............................................................
41
36
2.0
–
3.0
4.0
6.0
–
–
52
7
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
47
46
48
20
37
29
41
32
33
43
40
47
43
40
45
20
32
25
35
24
27
41
36
47
2.0
2.0
2.0
–
2.0
2.0
2.0
–
2.0
2.0
2.0
–
2.0
2.0
–
2.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
–
3.0
4.0
4.0
–
4.0
4.0
4.0
4.0
4.0
4.0
4.0
6.0
–
6.0
6.0
5.0
4.0
6.0
–
6.0
–
–
6.0
6.0
4.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
3
( )
5
4
5
–
–
–
–
–
47
49
46
68
56
67
50
55
57
51
51
51
5
5
6
12
7
4
9
13
10
6
9
2
Full time ...................................................................
Part time ..................................................................
42
28
37
28
2.0
–
–
3.0
3.0
3.0
4.0
–
6.0
4.0
–
–
–
(3)
51
64
7
8
Union .......................................................................
Nonunion .................................................................
34
41
33
37
–
2.0
3.0
–
3.0
3.0
5.0
4.0
6.0
6.0
–
–
–
–
51
53
15
6
Average wage within the following categories4:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
20
–
38
42
46
50
19
–
34
37
41
44
2.0
–
2.0
2.0
2.0
2.0
2.0
–
3.0
3.0
–
–
3.0
–
3.0
3.0
3.0
3.0
4.0
–
4.0
4.0
4.0
4.0
4.0
–
–
6.0
6.0
6.0
–
–
–
–
–
–
(3)
–
–
–
–
–
76
78
55
49
48
45
4
–
7
9
6
5
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
45
11
50
39
–
43
2.0
–
2.0
3.0
–
–
3.0
–
3.0
5.0
–
6.0
6.0
–
6.0
–
–
–
–
1
–
44
73
39
11
16
11
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
39
35
35
23
53
57
40
40
42
36
57
56
65
33
–
30
37
36
33
32
21
53
57
32
37
39
36
51
50
58
28
–
30
31
2.0
2.0
2.0
2.0
–
3.0
–
2.0
2.0
2.0
2.0
2.0
2.0
2.0
–
–
2.0
–
3.0
3.0
3.0
3.0
3.0
–
3.0
3.0
3.0
3.0
2.0
2.0
2.0
–
–
2.0
3.0
3.0
3.0
3.0
3.0
3.0
–
3.0
3.0
3.0
–
3.0
–
3.0
–
3.0
3.0
–
4.0
–
4.0
4.0
3.0
3.0
5.0
6.0
–
6.0
–
–
3.0
–
–
3.0
–
–
6.0
4.0
5.0
–
3.0
6.0
6.0
6.0
6.0
–
4.0
4.0
–
5.0
4.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
4
2
3
2
–
–
7
3
3
1
6
6
7
5
–
–
6
55
61
63
71
46
35
55
57
55
59
42
38
25
59
75
70
56
6
4
2
6
1
8
6
3
3
4
1
6
10
8
–
–
7
Establishment characteristics
See footnotes at end of table.
Table 46. Savings and thrift plans: Automatic enrollment,1 private industry workers, National Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
With automatic enrollment
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Automatic
enrollment
available
Default contribution as percent of earnings
Default
Default
Other
contribution
contribution
50th
default
as percent
10th
25th
75th
90th
not
percentile
contribution2
of earnings percentile percentile
percentile percentile
determinable
(median)
No automatic
enrollment
available
Not
determinable
36
34
41
43
38
50
29
26
36
41
35
48
2.0
2.0
2.0
2.0
2.0
2.0
3.0
3.0
–
–
2.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
4.0
4.0
3.0
4.0
–
–
–
6.0
4.0
6.0
–
6.0
–
–
–
–
–
–
–
–
–
–
–
2
57
59
52
50
55
43
7
7
7
7
6
8
29
26
30
46
44
36
51
42
46
33
43
41
43
25
22
26
42
43
31
45
37
41
29
37
33
39
–
–
–
2.0
2.0
2.0
2.0
2.0
3.0
–
2.0
2.0
2.0
3.0
3.0
–
–
2.0
–
3.0
3.0
3.0
2.0
–
–
–
3.0
–
3.0
3.0
3.0
3.0
3.0
–
4.0
–
3.0
3.0
3.0
–
6.0
–
3.0
3.0
–
4.0
4.0
–
4.0
–
–
3.0
6.0
6.0
6.0
–
4.0
–
6.0
6.0
6.0
5.0
–
6.0
4.0
–
–
–
–
–
–
–
–
–
–
–
–
–
4
4
4
–
1
–
–
5
5
4
–
8
–
59
62
59
52
54
58
46
49
45
56
50
50
51
11
12
11
3
2
6
2
10
9
12
7
9
6
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
4
The employer automatically enrolls employees in the plan at a specified rate of contribution (e.g., 3 percent of earnings), unless the employee opts out of the plan.
Other default contributions are based on maximum dollar amounts specified by the employer, amounts based on employee length of service, or other methods.
Less than 0.5.
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 46. Standard errors for savings and thrift plans: Automatic enrollment,1 private industry workers, National Compensation Survey, 2014
With automatic enrollment
Characteristics
Automatic
enrollment
available
Default contribution as percent of earnings
No automatic
Default
Default
Other
enrollment
contribution
contribution
default
50th
available
as percent
10th
25th
75th
90th
not
contribution2
percentile
of earnings percentile percentile
percentile percentile
determinable
(median)
Not
determinable
Worker characteristics
All workers ...............................................................
2.0
2.0
0.0
–
0.0
0.0
0.0
–
–
1.9
0.8
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.5
4.0
3.9
3.8
2.9
2.9
3.5
3.9
4.1
4.0
4.5
6.8
3.5
4.0
4.0
3.8
2.7
2.6
3.3
2.9
4.1
3.8
4.1
6.8
0.0
0.0
0.0
–
0.0
0.0
0.0
–
0.5
0.0
0.5
–
0.5
0.5
–
0.0
0.0
0.0
0.4
0.0
0.0
0.0
0.0
0.6
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
–
0.0
1.0
0.3
–
0.0
0.0
0.0
0.4
0.9
0.9
0.3
0.0
–
0.9
0.3
1.3
0.0
0.0
–
0.0
–
–
0.0
0.0
0.2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.3
2.1
1.8
3.0
–
–
–
–
–
3.6
4.1
4.0
4.5
2.7
3.5
3.3
3.3
3.8
3.8
3.9
6.7
1.0
0.7
1.5
3.6
1.3
1.4
1.9
2.3
2.3
1.0
1.8
0.8
Full time ...................................................................
Part time ..................................................................
2.1
4.0
2.0
4.0
0.0
–
–
0.0
0.0
0.0
0.0
–
0.0
0.0
–
–
–
0.1
2.0
4.3
0.7
2.3
Union .......................................................................
Nonunion .................................................................
6.0
2.1
6.0
2.0
–
0.0
0.7
–
0.0
0.0
1.3
0.0
0.0
0.2
–
–
–
–
5.3
2.1
4.8
0.7
Average wage within the following categories3:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
3.0
–
3.4
2.6
3.2
4.2
2.9
–
3.1
2.5
3.2
4.2
0.0
–
0.0
0.0
0.0
0.0
0.5
–
0.3
0.0
–
–
0.0
–
0.0
0.0
0.0
0.0
0.3
–
1.2
0.0
0.3
0.8
0.0
–
–
0.0
0.4
0.6
–
–
–
–
–
–
0.2
–
–
–
–
–
3.4
5.7
3.4
2.6
3.2
4.2
1.5
–
1.3
1.3
1.2
1.2
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.2
3.0
3.6
3.4
–
4.0
0.0
–
0.0
0.4
–
–
0.4
–
0.4
1.3
–
1.1
0.0
–
0.0
–
–
–
–
0.8
–
3.1
5.4
3.3
1.1
4.2
1.2
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
2.4
3.0
4.0
3.2
8.8
8.9
6.7
3.0
3.3
5.3
5.5
6.3
7.6
6.7
–
6.9
7.9
2.2
2.9
4.1
2.7
8.8
8.9
5.8
3.2
3.6
5.3
6.0
6.1
7.7
5.2
–
6.9
6.1
0.0
0.4
0.0
0.0
–
0.0
–
0.4
0.2
0.5
0.0
0.0
0.0
0.0
–
–
0.0
–
0.0
0.9
0.3
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
–
0.0
0.0
0.0
0.0
0.0
0.3
0.0
–
0.0
0.0
0.0
–
0.3
–
0.0
–
0.8
0.0
–
0.8
–
0.8
0.6
0.0
0.0
1.4
1.4
–
0.3
–
–
0.3
–
–
0.3
–
–
1.3
0.0
1.2
–
0.0
0.0
0.0
0.0
0.0
–
0.0
0.8
–
0.9
1.0
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
1.0
0.7
1.8
1.3
–
–
3.8
1.0
1.1
0.4
3.0
3.3
4.8
3.4
–
–
3.9
2.3
3.2
4.0
3.6
8.8
7.9
7.5
3.0
3.1
5.3
5.5
5.7
6.1
6.8
7.4
6.9
7.8
1.0
0.8
1.4
1.7
0.8
2.9
2.3
0.8
1.0
1.6
1.2
2.6
4.2
2.2
–
–
2.4
Establishment characteristics
See footnotes at end of table.
Table 46. Standard errors for savings and thrift plans: Automatic enrollment,1 private industry workers, National Compensation Survey,
2014—continued
With automatic enrollment
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Automatic
enrollment
available
Default contribution as percent of earnings
No automatic
Default
Default
Other
enrollment
contribution
contribution
50th
default
available
as percent
10th
25th
75th
90th
not
2
percentile
contribution
of earnings percentile percentile
percentile percentile
determinable
(median)
Not
determinable
2.9
3.4
5.0
2.7
3.9
3.4
2.3
2.8
5.3
2.7
3.9
3.5
0.0
0.2
0.0
0.0
0.0
0.0
0.0
0.0
–
–
0.0
0.5
0.0
0.0
0.0
0.0
0.0
0.0
0.5
0.0
0.0
0.0
–
–
–
0.6
0.0
0.0
–
0.0
–
–
–
–
–
–
–
–
–
–
–
0.6
2.7
3.4
5.2
2.5
3.8
3.5
1.2
1.2
3.0
1.1
1.5
1.6
3.6
6.5
4.3
3.6
3.8
9.2
7.9
2.8
3.4
4.2
5.1
11.8
5.0
3.8
5.6
4.8
3.5
3.9
9.2
7.3
3.0
3.9
4.2
4.1
8.4
4.6
–
–
–
0.0
0.0
0.0
0.0
0.0
0.5
–
0.0
0.0
0.0
0.5
0.3
–
–
0.4
–
0.3
0.0
0.0
0.0
–
–
–
0.0
–
0.0
0.0
0.0
0.0
0.0
–
0.4
–
0.0
0.0
0.0
–
1.2
–
0.0
0.0
–
0.5
0.7
–
0.8
–
–
0.6
0.0
0.0
0.0
–
1.2
–
0.5
0.0
0.0
1.0
–
0.0
0.0
–
–
–
–
–
–
–
–
–
–
–
–
–
2.1
2.8
2.7
–
0.4
–
–
1.1
1.5
1.4
–
7.3
–
4.6
7.6
5.7
3.7
3.9
10.7
7.9
2.2
2.3
4.4
4.2
9.5
4.2
2.1
4.0
2.8
0.5
0.5
2.4
0.4
1.7
2.0
3.0
2.3
4.5
2.6
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
The employer automatically enrolls employees in the plan at a specified rate of contribution (e.g., 3 percent of earnings), unless the employee opts out of the plan.
Other default contributions are based on maximum dollar amounts specified by the employer, amounts based on employee length of service, or other methods.
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 2014."
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/glossary20142015.htm.
Table 47. Savings and thrift plans: Default enrollment amount as a percent of the employee maximum amount
matched by employer, private industry workers, National Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
Automatic
enrollment
available
Default enrollment amount as a percent of the employee
maximum amount matched by employer1
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Automatic
enrollment
not available
Not
determinable
Worker characteristics
All workers ...............................................................
41
38
50
60
100
100
52
7
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
47
46
48
20
37
29
41
32
33
43
40
47
50
33
50
–
40
44
40
44
44
33
–
33
50
50
50
50
50
–
50
50
50
50
50
–
50
60
–
50
67
67
60
50
50
–
–
–
100
100
100
100
100
100
100
–
60
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
47
49
46
68
56
67
50
55
57
51
51
51
5
5
6
12
7
4
9
13
10
6
9
2
Full time ...................................................................
Part time ..................................................................
42
28
38
50
50
50
60
60
100
67
100
100
51
64
7
8
Union .......................................................................
Nonunion .................................................................
34
41
38
38
50
50
–
60
100
100
100
100
51
53
15
6
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
20
–
38
42
46
50
33
–
33
40
–
–
50
–
50
50
50
50
67
–
60
50
–
–
100
–
100
100
100
100
100
–
100
100
100
100
76
78
55
49
48
45
4
–
7
9
6
5
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
45
11
50
–
–
–
50
–
50
–
–
–
100
–
100
100
–
100
44
73
39
11
16
11
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
39
35
35
23
53
57
40
40
42
36
57
56
65
33
–
30
37
38
38
33
40
50
–
–
33
33
–
33
–
–
50
–
20
50
50
50
38
50
50
50
–
50
50
50
50
50
50
50
–
–
50
50
60
50
67
–
50
–
–
–
60
100
75
–
50
–
50
50
100
–
–
67
100
50
–
100
100
100
100
100
100
100
–
–
100
100
100
100
100
100
–
–
100
100
100
100
100
100
–
–
100
–
55
61
63
71
46
35
55
57
55
59
42
38
25
59
75
70
56
6
4
2
6
1
8
6
3
3
4
1
6
10
8
–
–
7
Establishment characteristics
See footnotes at end of table.
Table 47. Savings and thrift plans: Default enrollment amount as a percent of the employee maximum amount
matched by employer, private industry workers, National Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Automatic
enrollment
available
Default enrollment amount as a percent of the employee
maximum amount matched by employer1
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Automatic
enrollment
not available
Not
determinable
36
34
41
43
38
50
33
33
33
44
38
50
50
50
–
50
50
50
60
–
50
50
60
50
100
100
60
100
100
100
100
–
–
100
100
100
57
59
52
50
55
43
7
7
7
7
6
8
29
26
30
46
44
36
51
42
46
33
43
41
43
–
50
–
44
–
44
50
50
50
50
33
33
33
50
–
50
50
50
50
50
50
50
50
44
50
38
–
100
–
50
50
–
50
100
100
67
–
–
50
100
100
75
100
100
100
–
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
–
–
–
59
62
59
52
54
58
46
49
45
56
50
50
51
11
12
11
3
2
6
2
10
9
12
7
9
6
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
The percentage is determined by the ratio of the default enrollment amount to the maximum employee contribution matched by the employer, for those plans that specify both values.
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
2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 47. Standard errors for savings and thrift plans: Default enrollment amount as a percent of the employee
maximum amount matched by employer, private industry workers, National Compensation Survey, 2014
Characteristics
Automatic
enrollment
available
Default enrollment amount as a percent of the employee
maximum amount matched by employer1
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Automatic
enrollment
not available
Not
determinable
Worker characteristics
All workers ...............................................................
2.0
5.5
0.0
10.8
0.0
0.0
1.9
0.8
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.5
4.0
3.9
3.8
2.9
2.9
3.5
3.9
4.1
4.0
4.5
6.8
6.2
4.4
0.0
–
4.2
12.4
5.6
1.4
0.0
0.0
–
1.5
0.0
0.0
0.0
0.0
0.0
–
0.0
1.0
6.6
0.0
0.0
–
14.4
16.9
–
5.3
8.7
6.5
5.1
0.0
0.0
–
–
–
0.0
0.0
0.0
23.6
0.0
0.0
0.0
–
4.5
0.0
0.0
20.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
23.3
0.0
0.0
0.0
3.6
4.1
4.0
4.5
2.7
3.5
3.3
3.3
3.8
3.8
3.9
6.7
1.0
0.7
1.5
3.6
1.3
1.4
1.9
2.3
2.3
1.0
1.8
0.8
Full time ...................................................................
Part time ..................................................................
2.1
4.0
5.5
0.0
0.0
0.0
11.7
8.1
0.0
15.5
0.0
0.0
2.0
4.3
0.7
2.3
Union .......................................................................
Nonunion .................................................................
6.0
2.1
8.5
7.0
0.0
0.0
–
10.8
18.8
0.0
0.0
0.0
5.3
2.1
4.8
0.7
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
3.0
–
3.4
2.6
3.2
4.2
6.0
–
6.3
6.3
–
–
4.5
–
0.0
0.0
0.0
0.0
7.7
–
16.3
5.2
–
–
18.0
–
4.6
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
3.4
5.7
3.4
2.6
3.2
4.2
1.5
–
1.3
1.3
1.2
1.2
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.2
3.0
3.6
–
–
–
0.0
–
0.0
–
–
–
0.0
–
0.0
0.0
–
0.0
3.1
5.4
3.3
1.1
4.2
1.2
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
2.4
3.0
4.0
3.2
8.8
8.9
6.7
3.0
3.3
5.3
5.5
6.3
7.6
6.7
–
6.9
7.9
5.0
3.7
0.0
8.2
0.0
–
–
3.4
3.4
–
0.0
–
–
0.0
–
0.0
0.0
0.0
0.0
6.3
2.6
12.6
7.2
–
0.0
0.0
0.0
10.0
5.3
13.9
0.0
–
–
0.0
13.9
10.0
11.7
12.6
–
0.0
–
–
–
12.9
27.4
20.9
–
0.0
–
0.0
0.0
0.0
–
–
4.6
0.0
6.3
–
0.0
0.0
29.8
0.0
23.7
0.0
10.3
–
–
10.3
0.0
0.0
0.0
11.2
0.0
–
–
0.0
0.0
0.0
0.0
0.0
0.0
–
–
0.0
–
2.3
3.2
4.0
3.6
8.8
7.9
7.5
3.0
3.1
5.3
5.5
5.7
6.1
6.8
7.4
6.9
7.8
1.0
0.8
1.4
1.7
0.8
2.9
2.3
0.8
1.0
1.6
1.2
2.6
4.2
2.2
–
–
2.4
Establishment characteristics
See footnotes at end of table.
Table 47. Standard errors for savings and thrift plans: Default enrollment amount as a percent of the employee
maximum amount matched by employer, private industry workers, National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Automatic
enrollment
available
Default enrollment amount as a percent of the employee
maximum amount matched by employer1
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Automatic
enrollment
not available
Not
determinable
2.9
3.4
5.0
2.7
3.9
3.4
0.0
9.8
0.0
8.5
6.4
0.0
0.0
0.0
–
0.0
0.0
0.0
12.0
–
0.0
14.8
17.9
14.4
0.0
0.0
15.6
0.0
0.0
0.0
12.9
–
–
0.0
0.0
0.0
2.7
3.4
5.2
2.5
3.8
3.5
1.2
1.2
3.0
1.1
1.5
1.6
3.6
6.5
4.3
3.6
3.8
9.2
7.9
2.8
3.4
4.2
5.1
11.8
5.0
–
0.0
–
7.7
–
8.7
6.1
3.2
5.1
10.6
0.0
4.1
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10.0
10.2
8.7
–
25.8
–
3.2
9.7
–
0.0
16.1
0.0
13.3
–
–
6.6
20.4
0.0
12.1
17.8
20.9
0.0
–
0.0
0.0
0.0
0.0
0.0
9.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
24.1
–
–
–
4.6
7.6
5.7
3.7
3.9
10.7
7.9
2.2
2.3
4.4
4.2
9.5
4.2
2.1
4.0
2.8
0.5
0.5
2.4
0.4
1.7
2.0
3.0
2.3
4.5
2.6
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
The percentage is determined by the ratio of the default enrollment amount to the maximum employee contribution matched by the employer, for those plans that specify both values.
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
2014."
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/glossary20142015.htm.
Table 48. Savings and thrift plans: Selected automatic escalation features, private industry workers, National
Compensation Survey, 2014
(All workers participating in savings and thrift plans with automatic enrollment = 100 percent)
Automatic escalation features1
Characteristics
Automatic
escalation
available
Employee
contribution
escalates for
predetermined
number of
years
Employee
contribution
escalates to
specified
percent of
earnings
Median
number of
years of
escalation
Median
percent of
earnings after
maximum
escalation
Automatic
Not
escalation
determinable
not available
Worker characteristics
All workers ...............................................................
36
17
3
25
7.0
52
13
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance:
Installation, maintenance, and repair ..................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
38
38
39
–
27
23
29
17
15
19
–
13
–
13
6
–
6
–
3
–
3
21
19
22
–
22
21
22
10.0
8.0
10.0
–
6.0
6.0
6.0
48
50
48
74
56
63
54
13
13
14
–
16
14
17
39
45
33
58
35
18
21
15
3
3
–
3
38
43
31
55
6.0
7.0
10.0
6.0
49
51
64
38
13
3
2
4
Full time ...................................................................
Part time ..................................................................
35
53
16
20
–
–
24
48
8.0
6.0
52
40
13
6
Union .......................................................................
Nonunion .................................................................
–
36
13
17
3
3
22
25
7.0
7.0
59
51
–
13
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
32
34
31
39
41
–
16
16
18
17
–
3
3
–
–
26
31
25
22
21
6.0
–
6.0
–
8.0
66
55
56
46
45
1
11
12
15
14
Goods-producing industries .....................................
Manufacturing ......................................................
43
42
27
24
3
4
35
32
8.0
8.0
45
48
11
10
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
33
43
34
36
41
29
44
13
17
23
24
–
–
–
–
3
–
–
–
–
–
22
42
31
32
35
27
–
6.0
6.0
–
–
–
–
–
54
53
59
57
54
63
39
13
3
7
7
5
8
17
Establishment characteristics
See footnotes at end of table.
Table 48. Savings and thrift plans: Selected automatic escalation features, private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans with automatic enrollment = 100 percent)
Automatic escalation features1
Characteristics
1 to 99 workers:
50 to 99 workers ................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Automatic
escalation
available
Employee
contribution
escalates for
predetermined
number of
years
Employee
contribution
escalates to
specified
percent of
earnings
Median
number of
years of
escalation
Median
percent of
earnings after
maximum
escalation
Automatic
Not
escalation
determinable
not available
18
42
44
41
–
19
18
21
–
3
–
–
18
27
24
30
6.0
7.0
7.0
6.0
72
50
47
52
10
8
8
7
–
–
39
39
–
41
32
34
–
–
–
19
13
–
28
17
22
–
–
–
3
3
–
3
–
–
–
–
–
26
20
–
35
28
33
–
–
–
6.0
6.0
–
7.0
10.0
10.0
–
56
48
55
56
63
49
55
53
62
–
–
6
4
–
10
13
14
–
44
–
–
27
6.0
37
19
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West:
Pacific ................................................................
1 The sum of the individual components may exceed the total because some workers may be in plans in which employee contribution is escalated based on both years of service and
as a specified percent of earnings.
2 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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 48. Standard errors for savings and thrift plans: Selected automatic escalation features, private industry
workers, National Compensation Survey, 2014
Automatic escalation features
Characteristics
Automatic
escalation
available
Employee
contribution
escalates for
predetermined
number of
years
Employee
contribution
escalates to
specified
percent of
earnings
Median
number of
years of
escalation
Median
percent of
earnings after
maximum
escalation
Automatic
Not
escalation
determinable
not available
Worker characteristics
All workers ...............................................................
3.3
2.1
0.5
2.5
1.1
2.9
2.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance:
Installation, maintenance, and repair ..................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
5.2
5.8
5.7
–
3.8
6.3
4.9
3.5
3.1
4.6
–
2.0
–
2.6
1.8
–
1.4
–
0.0
–
0.0
3.9
3.9
4.6
–
3.3
6.2
4.1
2.6
0.7
1.5
–
0.0
0.0
0.0
4.6
4.7
5.6
6.2
4.9
7.0
6.0
2.9
5.2
3.1
–
5.2
5.6
6.7
6.8
7.2
5.7
10.9
7.4
3.2
4.6
3.5
0.0
0.8
–
0.0
6.8
7.0
5.4
10.6
1.0
1.6
2.8
0.0
8.0
7.2
5.5
10.6
5.3
1.4
0.8
2.7
Full time ...................................................................
Part time ..................................................................
3.4
8.3
2.1
4.9
–
–
2.3
8.8
1.5
0.0
2.9
8.0
2.1
3.9
Union .......................................................................
Nonunion .................................................................
–
3.3
3.9
2.1
0.8
0.5
6.0
2.6
1.5
1.2
10.1
2.9
–
2.1
Average wage within the following categories1:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
8.1
6.9
4.1
5.3
6.9
–
3.1
2.6
3.4
4.0
–
0.0
0.5
–
–
7.8
6.8
3.1
3.8
4.4
0.0
–
0.0
–
2.4
8.2
6.8
4.4
4.3
5.7
1.0
4.9
2.8
2.9
4.2
Goods-producing industries .....................................
Manufacturing ......................................................
5.7
5.5
5.4
4.6
0.4
1.2
5.5
5.0
1.2
0.3
6.4
6.5
2.8
3.2
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
3.9
5.7
3.8
4.2
8.7
5.4
9.7
1.9
3.1
3.8
4.2
–
–
–
–
0.0
–
–
–
–
–
2.7
5.6
4.1
4.5
8.6
4.8
–
0.3
0.0
–
–
–
–
–
3.2
5.6
3.8
4.1
9.1
6.6
7.6
2.5
1.9
2.6
2.7
2.7
4.8
5.9
Establishment characteristics
See footnotes at end of table.
Table 48. Standard errors for savings and thrift plans: Selected automatic escalation features, private industry
workers, National Compensation Survey, 2014—continued
Automatic escalation features
Characteristics
1 to 99 workers:
50 to 99 workers ................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Automatic
escalation
available
Employee
contribution
escalates for
predetermined
number of
years
Employee
contribution
escalates to
specified
percent of
earnings
Median
number of
years of
escalation
Median
percent of
earnings after
maximum
escalation
Automatic
Not
escalation
determinable
not available
4.5
3.9
6.5
5.6
–
2.9
5.1
4.1
–
0.7
–
–
4.5
3.4
5.4
4.4
0.7
1.1
1.0
1.6
6.1
3.7
5.7
5.5
6.3
1.8
3.2
1.8
–
–
5.2
6.6
–
9.5
4.6
5.2
–
–
–
3.7
3.1
–
7.6
3.4
4.4
–
–
–
0.0
0.0
–
0.0
–
–
–
–
–
4.1
3.5
–
7.5
3.9
5.0
–
–
–
0.5
0.0
–
1.3
0.4
0.0
–
6.5
7.7
5.3
6.9
15.4
8.8
4.5
5.6
8.0
–
–
2.2
1.0
–
5.2
2.5
3.0
–
8.5
–
–
7.5
1.5
6.8
4.2
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West:
Pacific ................................................................
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 2014."
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/glossary20142015.htm.
Table 49. Savings and thrift plans: Maximum employee contributions, private industry workers, National Compensation Survey,
2014
(All workers participating in savings and thrift plans = 100 percent)
Percent of earnings, up to Internal Revenue Code limit
Characteristics
Percent of
earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Any amount
up to Internal
Revenue
Code limit
Not
determinable
Other
Worker characteristics
All workers ...............................................................
56
25
50
50
75
80
43
–
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
52
54
50
47
60
66
57
69
25
25
25
25
25
25
25
–
–
45
–
50
50
50
50
25
50
50
50
50
50
50
50
50
75
75
75
75
75
75
75
75
80
75
80
80
80
80
80
80
48
45
50
53
40
34
43
31
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
60
72
62
59
66
–
–
25
25
–
50
25
–
–
50
60
50
50
50
50
75
–
60
60
75
75
80
80
75
80
40
28
38
41
34
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
56
59
25
50
40
50
50
50
75
75
80
80
44
41
–
–
–
–
Union .......................................................................
Nonunion .................................................................
73
55
–
25
30
50
50
50
75
75
75
80
27
45
–
–
–
–
Average wage within the following categories1:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
57
51
52
56
59
60
25
–
25
25
25
25
50
50
50
50
30
–
50
–
50
50
50
50
75
75
70
75
75
75
80
80
80
80
75
75
43
49
48
43
41
39
–
–
–
–
–
–
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
61
39
62
25
–
25
25
25
25
50
–
50
60
50
60
75
50
75
39
61
38
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
55
64
52
63
77
87
84
67
70
69
66
55
40
29
–
–
30
25
25
25
25
40
–
–
–
–
50
–
25
25
–
–
–
–
50
50
–
50
50
50
25
50
50
50
50
–
–
50
–
–
50
50
50
50
50
50
50
–
50
50
50
50
–
–
70
–
–
70
75
60
60
–
60
75
50
75
75
–
75
75
75
75
–
–
75
80
80
75
80
80
85
80
75
75
75
75
80
–
90
–
–
80
45
36
48
37
–
–
–
31
28
31
28
45
60
71
76
85
70
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 49. Savings and thrift plans: Maximum employee contributions, private industry workers, National Compensation Survey,
2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Percent of earnings, up to Internal Revenue Code limit
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Percent of
earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Any amount
up to Internal
Revenue
Code limit
Not
determinable
Other
50
51
49
60
55
67
25
25
20
25
25
25
35
50
30
50
50
–
50
50
50
50
50
50
70
75
60
75
75
75
80
80
75
80
80
75
50
49
51
40
45
32
–
–
–
–
–
–
–
–
–
–
–
–
50
40
53
61
58
57
69
55
55
54
56
60
54
25
–
25
25
20
25
25
25
25
25
25
30
25
–
–
–
–
35
50
–
50
50
–
50
50
50
50
50
50
50
50
50
50
50
50
50
50
60
50
75
60
75
70
–
–
70
75
75
60
75
75
75
80
75
80
80
80
75
75
80
80
80
80
80
80
50
60
47
39
42
43
31
44
45
44
43
39
45
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 49. Standard errors for savings and thrift plans: Maximum employee contributions, private industry workers, National
Compensation Survey, 2014
Percent of earnings, up to Internal Revenue Code limit
Characteristics
Percent of
earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Any amount
up to Internal
Revenue
Code limit
Not
determinable
Other
Worker characteristics
All workers ...............................................................
2.2
0.0
13.7
0.0
0.9
0.0
2.2
–
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.2
4.6
3.6
5.2
2.2
3.8
2.7
5.5
0.0
0.0
0.0
0.0
0.9
1.8
3.5
–
–
10.3
–
14.2
0.0
0.0
0.0
6.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10.2
0.0
2.7
5.1
19.1
6.2
4.6
5.8
0.0
1.6
0.0
1.3
5.2
7.8
5.8
3.2
4.6
3.6
5.2
2.2
3.8
2.7
5.5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
10.5
5.8
4.6
7.3
4.5
–
–
0.0
1.3
–
14.1
2.2
–
–
0.0
14.6
0.0
0.0
0.0
0.0
0.0
–
0.0
1.8
19.7
0.0
5.0
1.6
7.5
12.1
10.5
5.8
4.6
7.3
4.5
–
–
–
–
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
2.2
4.9
0.0
10.6
7.6
0.0
0.0
0.0
0.9
0.0
1.6
0.0
2.2
4.9
–
–
–
–
Union .......................................................................
Nonunion .................................................................
4.5
2.2
–
0.0
6.9
9.5
0.0
0.0
13.7
0.9
13.1
0.0
4.5
2.2
–
–
–
–
Average wage within the following categories1:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
4.6
10.9
3.1
2.7
3.3
3.9
0.0
–
2.6
0.0
0.0
0.0
0.0
0.0
0.0
10.9
3.4
–
0.0
–
0.0
0.0
0.0
0.0
1.3
4.1
6.6
7.5
2.7
0.9
6.6
0.0
1.3
0.9
3.5
7.7
4.6
10.9
3.1
2.7
3.3
3.9
–
–
–
–
–
–
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
4.6
8.9
5.4
0.0
–
0.0
2.2
2.6
0.0
0.0
–
0.0
7.5
0.0
6.1
0.0
0.0
0.0
4.6
8.9
5.4
–
–
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
2.5
3.6
4.5
4.0
8.0
5.6
5.6
2.9
3.4
5.1
5.5
6.3
7.5
5.0
–
–
5.6
0.0
0.0
0.0
0.0
7.6
–
–
–
–
2.6
–
0.0
0.5
–
–
–
–
0.0
0.0
–
0.0
0.0
5.8
0.0
0.0
0.0
0.0
0.0
–
–
0.0
–
–
0.0
0.0
0.0
0.0
0.0
2.6
2.9
–
0.0
0.0
0.0
0.0
–
–
5.1
–
–
12.8
0.0
7.2
8.0
–
16.5
13.2
0.0
11.6
15.9
–
3.9
3.9
0.0
4.0
–
–
0.0
0.0
5.0
21.2
6.9
13.3
5.2
9.0
0.0
0.0
0.0
3.8
12.6
–
10.8
–
–
4.0
2.5
3.6
4.5
4.0
–
–
–
2.7
3.3
5.1
4.8
6.3
7.5
5.0
7.3
4.7
5.6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 49. Standard errors for savings and thrift plans: Maximum employee contributions, private industry workers, National
Compensation Survey, 2014—continued
Percent of earnings, up to Internal Revenue Code limit
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Percent of
earnings
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Any amount
up to Internal
Revenue
Code limit
Not
determinable
Other
2.9
3.4
5.6
2.6
3.8
2.7
0.9
0.0
3.5
0.0
2.0
0.0
8.7
10.5
6.5
7.5
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
6.4
3.4
11.8
0.9
0.0
8.2
5.2
8.5
0.0
0.9
0.0
5.5
2.9
3.4
5.6
2.6
3.8
2.7
–
–
–
–
–
–
–
–
–
–
–
–
6.2
11.7
7.4
3.0
3.7
12.4
3.3
3.8
4.8
5.8
4.9
7.2
6.4
0.0
–
0.0
1.6
2.2
0.0
0.0
0.0
5.2
0.0
0.4
8.7
0.0
–
–
–
–
7.6
0.0
–
13.8
1.8
–
2.6
0.0
10.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
12.0
0.0
0.9
12.0
0.0
12.3
–
–
10.0
0.0
0.0
17.1
0.0
0.0
0.0
11.1
7.5
14.6
6.7
10.9
0.0
7.1
0.0
6.1
12.9
3.6
6.4
1.6
6.2
11.7
7.4
3.0
3.7
12.4
3.3
3.8
4.8
5.9
4.9
7.1
6.4
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
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/glossary20142015.htm.
Table 50. Savings and thrift plans: Method of employer matching contributions, private industry workers, National
Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Specified matching percent
Characteristics
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
Worker characteristics
All workers ...............................................................
63
30
50
50
100
100
37
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
57
55
59
65
65
69
63
58
50
–
50
25
25
25
25
30
50
50
50
–
50
50
50
50
100
100
–
50
–
100
50
80
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
43
45
41
35
35
31
37
42
–
–
–
–
–
–
–
–
50
62
72
81
61
–
30
30
30
30
50
50
50
50
50
50
–
50
50
50
–
100
100
100
100
100
100
100
–
100
50
38
28
19
39
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
62
66
30
25
50
50
50
–
100
100
100
100
38
34
–
–
Union .......................................................................
Nonunion .................................................................
67
62
–
25
50
50
50
–
80
100
100
100
33
38
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
69
62
64
64
59
57
25
25
25
30
50
50
50
–
50
50
50
50
50
50
50
50
–
100
100
100
100
100
100
100
100
100
100
100
100
100
31
38
36
36
41
43
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
65
39
72
30
–
30
50
50
50
50
50
50
100
100
100
100
100
100
35
61
28
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
62
69
75
68
64
65
69
74
76
85
72
49
50
56
71
69
54
25
25
25
25
30
–
50
–
–
50
–
50
50
25
25
50
–
50
50
–
50
–
50
–
50
50
–
50
50
50
50
–
–
50
67
50
50
100
50
–
–
100
100
100
–
50
–
50
100
100
50
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
–
100
100
100
100
100
100
100
100
100
–
100
38
31
25
32
36
35
31
26
24
15
28
51
50
44
–
31
46
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 50. Savings and thrift plans: Method of employer matching contributions, private industry workers, National
Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Specified matching percent
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
67
68
65
60
61
59
25
25
30
30
30
30
50
50
50
50
50
50
–
–
–
50
50
60
100
100
100
100
100
100
100
100
100
100
100
100
33
32
35
40
39
41
–
–
–
–
–
–
66
69
65
58
54
67
61
67
67
68
61
55
64
30
–
25
25
25
25
50
25
30
25
–
–
50
50
50
50
50
50
50
50
50
50
50
50
50
50
–
100
–
–
–
50
–
50
50
67
50
50
–
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
34
31
35
42
46
33
39
33
33
32
39
45
36
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Other methods of employer matches include maximum dollar amounts specified by the employer, varying contributions by the employer based on employee contributions or service, and other
matching methods.
2 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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 50. Standard errors for savings and thrift plans: Method of employer matching contributions, private industry
workers, National Compensation Survey, 2014
Specified matching percent
Characteristics
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
Worker characteristics
All workers ...............................................................
2.0
5.5
0.0
6.9
0.0
0.0
2.0
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.0
3.5
3.9
4.2
3.0
3.5
3.8
3.7
0.0
–
0.0
0.0
0.0
0.0
3.3
5.8
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
23.8
27.3
–
0.0
–
0.0
0.0
18.9
0.0
0.0
0.0
12.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.0
3.5
3.9
4.2
3.0
3.5
3.8
3.7
–
–
–
–
–
–
–
–
6.4
4.1
3.3
3.6
5.4
–
6.9
0.0
2.7
0.0
0.0
4.5
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
–
0.0
19.9
26.8
19.1
0.0
0.0
10.9
–
0.0
6.4
4.1
3.3
3.6
5.4
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
2.2
4.2
3.6
4.4
0.0
0.0
5.9
–
0.0
0.0
0.0
0.0
2.2
4.2
–
–
Union .......................................................................
Nonunion .................................................................
5.2
2.1
–
5.8
0.0
0.0
0.0
–
13.5
0.0
8.7
0.0
5.2
2.1
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
3.9
6.7
3.6
2.8
2.7
3.6
0.0
0.0
0.9
5.6
9.0
0.0
8.8
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
20.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.9
6.7
3.6
2.8
2.7
3.6
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.1
7.4
3.0
5.2
–
6.3
0.0
0.0
0.0
0.0
3.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.1
7.4
3.0
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
2.4
3.4
4.7
3.8
10.6
7.4
6.7
2.9
2.6
2.9
3.4
6.1
8.5
6.6
10.4
6.8
7.1
2.2
0.0
0.0
3.9
0.0
–
0.0
–
–
7.2
–
0.0
0.0
2.2
2.2
0.0
–
0.0
0.0
–
0.0
–
0.0
–
0.0
4.7
–
0.0
0.0
0.0
0.0
–
–
0.0
18.9
8.4
0.0
0.0
4.4
–
–
0.0
0.0
0.0
–
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
17.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.5
0.0
0.0
0.0
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
0.0
2.4
3.4
4.7
3.8
10.6
7.4
6.7
2.9
2.6
2.9
3.4
6.1
8.5
6.6
–
6.8
7.1
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 50. Standard errors for savings and thrift plans: Method of employer matching contributions, private industry
workers, National Compensation Survey, 2014—continued
Specified matching percent
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
2.9
3.0
5.8
2.5
3.6
3.7
3.0
3.4
5.8
0.9
7.1
3.8
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
1.8
0.0
16.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.9
3.0
5.8
2.5
3.6
3.7
–
–
–
–
–
–
5.2
8.0
6.1
3.9
6.5
4.1
4.7
2.7
2.6
6.3
4.0
8.7
4.2
5.6
–
4.4
6.9
0.0
0.0
0.0
4.6
6.8
0.0
–
–
0.0
0.0
0.0
0.0
0.0
0.0
8.9
0.0
0.0
0.0
0.0
0.0
2.7
0.0
–
28.5
–
–
–
0.0
–
0.0
0.0
18.7
0.0
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.2
8.0
6.1
3.9
6.5
4.1
4.7
2.7
2.6
6.3
4.0
8.7
4.2
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Other methods of employer matches include maximum dollar amounts specified by the employer, varying contributions by the employer based on employee contributions or service, and other
matching methods.
2 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 2014."
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/glossary20142015.htm.
Table 51. Savings and thrift plans: Maximum employee contribution matched by employer, private industry workers,
National Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Maximum employee contribution matched by employer
Characteristics
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
Worker characteristics
All workers ...............................................................
63
3.0
4.0
6.0
6.0
6.0
37
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
57
55
59
65
65
69
63
58
3.0
4.0
3.0
4.0
4.0
4.0
3.0
4.0
4.0
4.0
4.0
4.0
4.0
4.0
4.0
6.0
6.0
6.0
5.0
6.0
6.0
6.0
5.5
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
–
6.0
6.0
6.0
6.0
43
45
41
35
35
31
37
42
–
–
–
–
–
–
–
–
50
62
72
81
61
–
4.0
4.0
4.0
–
6.0
5.0
5.0
6.0
4.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
–
6.0
7.0
–
6.0
50
38
28
19
39
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
62
66
3.0
3.0
4.0
4.0
6.0
6.0
6.0
6.0
6.0
6.0
38
34
–
–
Union .......................................................................
Nonunion .................................................................
67
62
–
3.0
5.0
4.0
6.0
6.0
6.0
6.0
8.0
6.0
33
38
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
69
62
64
64
59
57
4.0
4.0
3.0
4.0
3.0
3.0
4.0
4.0
4.0
5.0
4.0
4.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
31
38
36
36
41
43
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
65
39
72
–
–
–
5.0
4.0
5.0
6.0
–
6.0
6.0
6.0
6.0
8.0
–
8.0
35
61
28
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
62
69
75
68
64
65
69
74
76
85
72
49
50
56
71
69
54
3.0
4.0
4.0
4.0
–
–
4.0
4.0
4.0
4.0
4.0
–
3.0
–
3.0
4.0
–
4.0
4.0
5.0
4.0
4.0
6.0
–
5.0
5.0
5.0
5.0
–
4.0
3.0
4.0
5.0
3.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
4.0
5.0
5.0
4.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
5.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
8.0
6.0
6.0
6.0
6.0
6.0
8.0
–
6.0
6.0
6.0
6.0
38
31
25
32
36
35
31
26
24
15
28
51
50
44
–
31
46
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 51. Savings and thrift plans: Maximum employee contribution matched by employer, private industry workers,
National Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Maximum employee contribution matched by employer
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
67
68
65
60
61
59
3.0
3.0
3.0
3.5
4.0
3.0
4.0
4.0
4.0
4.0
4.5
4.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
33
32
35
40
39
41
–
–
–
–
–
–
66
69
65
58
54
67
61
67
67
68
61
55
64
3.0
3.0
3.0
3.0
3.0
3.0
4.0
4.0
4.0
4.0
3.0
–
–
4.0
–
4.0
4.0
4.0
4.0
5.0
5.0
4.0
5.0
4.0
4.0
4.0
6.0
6.0
6.0
6.0
6.0
5.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
–
6.0
–
6.0
6.0
6.0
6.0
–
–
6.0
6.0
6.0
6.0
34
31
35
42
46
33
39
33
33
32
39
45
36
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Other methods of employer matches include maximum dollar amounts specified by the employer, varying contributions by the employer based on employee contributions or service, and other
matching methods.
2 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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 51. Standard errors for savings and thrift plans: Maximum employee contribution matched by employer, private
industry workers, National Compensation Survey, 2014
Maximum employee contribution matched by employer
Characteristics
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
Worker characteristics
All workers ...............................................................
2.0
0.3
0.0
0.0
0.0
0.0
2.0
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.0
3.5
3.9
4.2
3.0
3.5
3.8
3.7
0.0
0.0
0.0
0.1
0.8
0.0
0.8
0.2
0.0
0.4
0.9
0.0
0.1
0.8
0.1
1.2
0.0
0.0
1.1
0.0
0.0
0.0
1.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.9
0.0
–
0.0
0.0
0.0
0.0
3.0
3.5
3.9
4.2
3.0
3.5
3.8
3.7
–
–
–
–
–
–
–
–
6.4
4.1
3.3
3.6
5.4
–
0.2
0.9
0.9
–
0.3
0.9
0.8
0.9
0.0
0.0
0.0
0.0
0.0
0.7
0.0
0.0
0.0
0.0
0.0
–
0.0
1.9
–
0.0
6.4
4.1
3.3
3.6
5.4
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
2.2
4.2
0.4
0.0
0.0
0.0
0.0
1.3
0.0
0.0
0.0
0.0
2.2
4.2
–
–
Union .......................................................................
Nonunion .................................................................
5.2
2.1
–
0.3
1.3
0.0
0.0
0.0
0.0
0.0
2.3
0.0
5.2
2.1
–
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
3.9
6.7
3.6
2.8
2.7
3.6
0.4
0.0
0.4
1.0
0.2
0.5
0.0
1.0
0.0
0.8
0.0
0.0
0.3
0.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.3
0.3
0.0
1.6
3.9
6.7
3.6
2.8
2.7
3.6
–
–
–
–
–
–
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.1
7.4
3.0
–
–
–
1.3
0.0
1.3
0.0
–
0.0
0.0
0.0
0.0
0.0
–
0.0
3.1
7.4
3.0
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
2.4
3.4
4.7
3.8
10.6
7.4
6.7
2.9
2.6
2.9
3.4
6.1
8.5
6.6
10.4
6.8
7.1
0.1
0.1
0.4
0.0
–
–
0.0
0.0
0.0
0.0
0.0
–
0.8
–
0.0
0.0
–
0.0
1.1
1.0
0.8
0.8
0.0
–
0.0
0.0
0.0
1.3
–
0.4
0.0
0.5
0.2
0.0
0.0
0.0
0.0
0.5
1.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.4
0.0
0.0
0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.6
1.0
0.0
0.0
0.0
0.0
0.0
0.0
1.5
1.7
0.0
0.0
0.0
0.0
1.2
–
0.0
0.3
0.0
0.0
2.4
3.4
4.7
3.8
10.6
7.4
6.7
2.9
2.6
2.9
3.4
6.1
8.5
6.6
–
6.8
7.1
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Establishment characteristics
See footnotes at end of table.
Table 51. Standard errors for savings and thrift plans: Maximum employee contribution matched by employer, private
industry workers, National Compensation Survey, 2014—continued
Maximum employee contribution matched by employer
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Specified
matching
percent
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Not
determinable
Other1
2.9
3.0
5.8
2.5
3.6
3.7
0.0
0.7
0.0
0.9
0.4
0.3
0.0
0.0
0.6
0.6
0.9
0.0
0.0
0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
2.9
3.0
5.8
2.5
3.6
3.7
–
–
–
–
–
–
5.2
8.0
6.1
3.9
6.5
4.1
4.7
2.7
2.6
6.3
4.0
8.7
4.2
0.0
0.0
0.0
0.6
0.1
0.7
0.0
0.0
0.0
0.0
0.8
–
–
0.0
–
0.0
0.0
0.0
0.0
0.6
0.3
0.6
0.0
0.0
0.5
0.2
0.7
0.5
1.2
0.0
0.0
1.4
0.0
0.0
0.0
0.0
0.3
0.7
0.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
–
1.2
–
0.0
0.0
0.0
0.0
–
–
1.0
0.0
0.3
0.0
5.2
8.0
6.1
3.9
6.5
4.1
4.7
2.7
2.6
6.3
4.0
8.7
4.2
–
–
–
–
–
–
–
–
–
–
–
–
–
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 Other methods of employer matches include maximum dollar amounts specified by the employer, varying contributions by the employer based on employee contributions or service, and other
matching methods.
2 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 2014."
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/glossary20142015.htm.
Table 52. Savings and thrift plans: Maximum potential employer contribution,1 private
industry workers, National Compensation Survey, 2014
(Includes all workers participating in savings and thrift plans that specify matching contributions)
Maximum potential employer contribution
Characteristics
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
1.5
2.5
3.0
5.0
6.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
1.8
2.0
1.5
–
1.5
1.5
1.3
1.5
3.0
3.0
3.0
1.8
2.0
3.0
2.0
–
3.0
4.0
3.0
3.0
3.4
4.0
3.0
4.0
5.0
5.0
4.5
4.0
5.0
6.0
5.0
5.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
1.8
1.5
1.8
1.8
1.5
3.0
–
2.0
–
2.0
3.0
4.5
3.0
3.0
3.0
–
5.0
4.0
4.5
4.0
6.0
6.0
6.0
–
5.0
Full time ...................................................................
Part time ..................................................................
1.5
1.2
2.5
–
3.0
3.0
5.0
5.0
6.0
6.0
Union .......................................................................
Nonunion .................................................................
–
1.5
–
2.5
3.0
3.0
4.0
5.0
4.9
6.0
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
–
1.5
1.5
1.8
2.0
1.8
1.5
2.0
–
3.0
3.0
3.0
3.0
3.0
3.0
4.0
4.0
5.0
4.0
5.0
5.0
5.0
6.0
6.0
5.0
6.0
6.0
6.0
6.0
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
1.8
–
1.8
2.0
2.0
2.0
3.0
–
3.0
4.5
5.0
4.5
6.0
6.0
6.0
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
1.5
1.5
1.3
1.3
1.8
–
3.0
–
–
3.0
–
–
–
1.0
–
3.0
1.2
2.5
2.0
1.5
2.5
1.8
3.6
4.0
3.0
3.0
3.5
3.0
3.0
3.0
2.0
–
–
2.0
3.0
3.0
3.0
4.0
–
4.5
4.8
5.0
5.0
5.0
4.0
–
3.0
3.0
–
5.0
3.0
5.0
5.0
4.0
6.0
5.0
6.0
6.0
6.0
6.0
6.0
5.0
5.0
–
3.0
5.0
5.0
3.0
6.0
6.0
6.0
6.0
6.0
–
6.0
6.0
6.0
6.0
6.0
6.0
6.0
5.0
5.0
–
4.0
Establishment characteristics
See footnotes at end of table.
Table 52. Savings and thrift plans: Maximum potential employer contribution,1 private
industry workers, National Compensation Survey, 2014—continued
(Includes all workers participating in savings and thrift plans that specify matching contributions)
Maximum potential employer contribution
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
1.5
1.5
1.5
1.5
1.5
1.5
–
–
–
2.4
3.0
2.0
3.0
3.0
3.0
3.0
3.0
–
4.9
5.0
4.0
5.0
5.0
5.0
6.0
6.0
6.0
6.0
6.0
6.0
1.5
2.0
1.5
1.5
1.5
–
2.0
1.5
1.5
1.5
1.5
–
–
2.5
3.0
2.0
2.0
2.0
2.0
3.0
–
2.0
3.0
3.0
2.0
3.0
3.0
–
3.0
3.0
3.0
3.0
4.0
3.0
3.0
4.0
3.0
3.0
3.0
4.9
5.0
4.9
6.0
5.0
4.0
6.0
5.0
5.0
5.0
4.5
4.0
4.8
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
6.0
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 The maximum potential employer contribution is determined by multiplying the maximum employee contribution subject to matching by the
employer matching percent, for those plans that specify both values.
2 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 2014."
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/glossary20142015.htm.
Table 52. Standard errors for savings and thrift plans: Maximum potential employer
contribution,1 private industry workers, National Compensation Survey, 2014
Maximum potential employer contribution
Characteristics
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
Worker characteristics
All workers ...............................................................
0.0
0.6
0.0
0.0
0.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
0.4
0.4
0.4
–
0.1
0.0
0.3
0.4
0.0
0.0
0.0
0.3
0.2
0.6
0.0
–
0.6
0.2
0.0
0.0
0.7
0.0
0.3
0.5
0.1
1.3
0.8
0.1
0.9
0.0
0.0
0.1
0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.0
0.4
0.4
0.3
0.2
0.4
0.5
–
0.0
–
0.1
0.0
0.7
0.0
0.0
0.1
–
0.3
0.5
0.8
0.2
0.3
0.0
0.3
–
1.1
Full time ...................................................................
Part time ..................................................................
0.0
0.3
0.6
–
0.0
0.0
0.0
0.0
0.0
0.0
Union .......................................................................
Nonunion .................................................................
–
0.0
–
0.5
0.0
0.0
0.9
0.0
(2)
0.0
Average wage within the following categories3:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
–
–
0.3
0.1
0.2
0.4
0.3
0.2
0.0
–
0.0
0.0
0.0
0.0
0.0
0.0
1.1
0.0
0.7
0.1
0.0
(2)
(2)
0.7
0.0
1.1
0.0
0.0
0.0
0.0
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
0.1
–
0.1
0.2
0.0
0.4
0.0
–
0.0
0.6
1.3
0.6
0.0
0.0
0.0
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
0.0
0.3
0.2
0.4
0.4
–
0.4
–
–
0.4
–
–
–
0.3
–
0.0
0.3
0.6
0.1
0.4
0.4
0.2
0.8
0.1
0.0
0.3
0.9
0.0
0.0
0.0
0.2
–
–
0.3
0.1
0.3
0.0
0.0
–
1.3
0.2
1.1
0.6
0.0
0.4
–
0.6
0.0
–
0.0
0.2
0.0
0.9
0.0
0.0
0.8
0.0
1.5
0.2
0.0
0.0
0.4
1.4
–
0.0
0.0
0.9
0.0
0.0
0.0
0.2
0.0
0.4
–
0.0
0.0
0.0
0.0
0.0
0.0
0.5
0.2
0.8
–
0.5
Establishment characteristics
See footnotes at end of table.
Table 52. Standard errors for savings and thrift plans: Maximum potential employer
contribution,1 private industry workers, National Compensation Survey, 2014—continued
Maximum potential employer contribution
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
0.0
(2)
0.4
0.0
0.1
0.3
–
–
–
0.6
0.7
0.1
0.0
0.1
0.0
0.3
0.2
–
0.5
0.2
0.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.4
0.3
0.0
0.0
–
0.2
0.0
0.3
0.2
0.4
–
–
0.6
0.0
0.3
0.5
0.0
0.5
0.0
–
0.2
0.0
0.3
0.4
0.0
0.1
–
0.3
0.7
0.1
0.0
0.8
0.0
0.0
1.0
0.0
0.2
0.6
0.2
0.3
0.8
1.3
0.4
0.8
0.3
0.2
0.8
0.0
0.7
0.5
0.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.9
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1 The maximum potential employer contribution is determined by multiplying the maximum employee contribution subject to matching by the
employer matching percent, for those plans that specify both values.
2 Less than 0.05.
3 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 2014."
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/glossary20142015.htm.
Table 53. Savings and thrift plans: Eligibility requirements, private industry workers,
National Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
With
minimum age
or service
requirement
Median age
requirement
(in years)
Median
service
requirement
(in months)
No minimum
Not
age or
determinable
service
requirement
Worker characteristics
All workers ...............................................................
63
21
6
30
7
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
53
56
51
75
69
76
65
58
21
21
21
21
21
21
21
18
–
–
–
6
6
12
6
3
38
36
41
20
25
21
26
29
8
8
8
4
6
3
8
13
74
53
75
76
73
18
18
21
21
21
3
–
3
3
3
–
34
20
22
18
–
13
5
1
9
Full time ...................................................................
Part time ..................................................................
61
84
21
21
6
–
31
13
8
3
Union .......................................................................
Nonunion .................................................................
56
64
21
21
12
6
35
29
9
7
Average wage within the following categories1:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
85
82
72
68
50
46
21
21
21
21
21
21
–
12
6
6
–
3
12
–
21
26
40
47
3
–
7
6
9
7
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
56
57
59
18
18
18
3
–
3
39
–
39
4
–
2
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
65
77
69
90
72
52
53
51
63
45
61
57
59
52
60
60
21
21
21
21
21
21
21
21
21
21
21
18
21
21
21
21
6
–
–
12
–
3
–
3
–
–
–
–
–
12
–
–
27
17
22
–
–
40
42
46
36
50
27
29
31
34
40
31
8
5
9
–
–
7
5
3
1
5
13
14
10
14
–
9
Establishment characteristics
See footnotes at end of table.
Table 53. Savings and thrift plans: Eligibility requirements, private industry workers,
National Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
With
minimum age
or service
requirement
Median age
requirement
(in years)
Median
service
requirement
(in months)
No minimum
Not
age or
determinable
service
requirement
68
69
65
61
73
44
21
21
21
21
21
21
6
6
–
6
–
–
24
22
28
33
21
48
8
8
7
7
6
8
67
57
70
59
53
75
60
64
60
70
68
73
65
21
21
21
21
21
21
21
21
21
21
21
21
18
–
–
–
6
6
6
–
–
–
–
–
–
–
25
34
22
35
39
20
36
27
31
21
26
17
31
8
9
8
6
8
5
4
9
9
9
6
9
4
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 53. Standard errors for savings and thrift plans: Eligibility requirements, private
industry workers, National Compensation Survey, 2014
Characteristics
With
minimum age
or service
requirement
Median age
requirement
(in years)
Median
service
requirement
(in months)
No minimum
age or
Not
determinable
service
requirement
Worker characteristics
All workers ...............................................................
1.8
0.0
0.0
1.5
0.8
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.0
3.8
3.6
5.0
2.5
3.3
3.0
3.9
0.0
1.4
0.0
0.0
0.0
0.0
0.0
0.0
–
–
–
0.0
0.0
1.9
0.0
0.8
2.9
3.5
3.5
4.8
2.1
3.0
2.6
3.9
1.3
1.6
1.7
1.4
1.5
0.9
2.1
2.7
7.0
4.4
2.8
3.6
4.7
0.0
1.8
0.4
1.5
0.0
0.0
–
0.0
0.5
0.0
–
5.2
2.6
3.8
4.4
–
3.3
1.4
0.6
2.8
Full time ...................................................................
Part time ..................................................................
2.0
2.1
0.0
0.0
1.4
–
1.7
1.6
0.9
1.4
Union .......................................................................
Nonunion .................................................................
5.4
1.9
0.5
0.0
2.2
0.0
5.2
1.6
3.4
0.9
Average wage within the following categories1:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
3.4
8.0
2.9
2.3
2.7
3.5
0.0
0.0
0.0
0.0
0.5
2.8
–
2.9
0.0
1.2
–
0.8
3.2
–
2.4
2.1
2.6
3.6
0.9
–
1.6
1.0
1.4
1.6
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
4.1
8.5
4.5
0.0
0.0
0.0
0.0
–
0.0
4.2
–
4.7
1.2
–
0.8
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
1.9
2.5
3.8
4.1
8.6
6.4
3.5
3.8
4.5
5.5
4.6
6.8
5.3
7.7
5.7
6.1
0.0
0.0
0.0
0.0
0.9
3.4
0.0
0.0
0.0
0.0
3.4
2.7
0.0
0.0
0.0
0.0
0.0
–
–
0.0
–
0.0
–
0.5
–
–
–
–
–
0.0
–
–
1.5
2.0
4.0
–
–
6.6
3.3
3.6
4.2
5.2
4.2
5.6
4.5
4.7
5.7
5.1
1.0
1.0
3.2
–
–
5.4
1.3
1.0
0.7
2.1
3.5
4.5
2.1
6.6
–
2.5
Establishment characteristics
See footnotes at end of table.
Table 53. Standard errors for savings and thrift plans: Eligibility requirements, private
industry workers, National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
With
minimum age
or service
requirement
Median age
requirement
(in years)
Median
service
requirement
(in months)
No minimum
age or
Not
determinable
service
requirement
3.0
4.2
4.5
2.6
3.7
3.2
0.0
0.0
2.5
0.0
0.0
0.0
1.4
1.1
–
0.0
–
–
2.5
3.6
3.6
2.3
2.8
3.3
1.3
1.7
3.0
1.0
1.6
1.4
2.9
7.1
3.0
3.5
4.3
4.9
7.5
3.2
4.0
4.8
4.4
8.2
5.0
0.0
0.0
0.0
0.0
3.5
0.0
0.0
0.2
0.9
0.0
3.0
1.2
4.1
–
–
–
0.0
0.0
0.0
–
–
–
–
–
–
–
2.9
5.2
3.2
2.7
3.0
4.2
6.3
2.5
3.0
4.2
3.8
5.1
4.8
1.8
4.0
2.0
1.6
2.3
3.6
2.3
1.7
2.3
2.1
1.7
4.5
1.3
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
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/glossary20142015.htm.
Table 54. Savings and thrift plans: Vesting requirements, private industry
workers, National Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
Immediate
full vesting
Cliff vesting
Graded
vesting
Not
determinable
Worker characteristics
All workers ...............................................................
27
28
36
9
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
26
27
26
19
31
34
29
28
31
28
34
29
22
23
22
31
33
39
29
40
38
34
40
31
9
6
11
12
9
8
9
10
–
34
26
28
23
–
37
26
25
27
60
21
40
41
40
15
7
8
6
10
Full time ...................................................................
Part time ..................................................................
27
28
27
30
37
31
9
12
Union .......................................................................
Nonunion .................................................................
28
27
30
27
30
36
11
9
Average wage within the following categories1:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
29
14
27
25
28
31
24
–
26
28
29
30
40
55
39
36
34
32
7
–
9
10
9
8
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
29
31
27
30
–
32
33
40
34
8
–
7
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
27
30
–
38
24
56
29
35
38
42
26
23
–
22
62
56
15
27
25
24
24
29
–
–
23
25
26
21
28
34
29
–
–
32
37
39
50
31
44
–
32
34
31
24
49
37
33
36
–
–
40
10
6
–
7
3
10
–
8
5
8
4
12
–
13
18
18
13
Establishment characteristics
See footnotes at end of table.
Table 54. Savings and thrift plans: Vesting requirements, private industry
workers, National Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Immediate
full vesting
Cliff vesting
Graded
vesting
Not
determinable
25
26
22
28
26
31
27
23
36
28
28
29
39
44
30
34
39
27
9
8
12
9
7
12
26
30
27
25
24
33
25
23
28
30
25
33
18
19
36
41
24
34
25
24
28
25
–
27
43
42
31
30
45
26
41
42
38
33
41
29
13
9
6
5
7
7
9
11
6
12
–
11
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
Note: Because of rounding, sums of individual items may not equal totals. 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/glossary20142015.htm.
Table 54. Standard errors for savings and thrift plans: Vesting requirements,
private industry workers, National Compensation Survey, 2014
Characteristics
Immediate
full vesting
Cliff vesting
Graded
vesting
Not
determinable
Worker characteristics
All workers ...............................................................
1.9
1.8
2.1
1.0
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Construction, extraction, farming, fishing, and
forestry ...............................................................
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
2.5
3.4
2.9
4.3
2.0
3.7
2.3
4.4
3.3
4.8
3.6
4.9
2.0
2.7
2.4
5.6
3.3
4.8
3.5
4.3
2.5
4.0
3.2
4.4
1.5
1.2
2.1
3.1
1.3
2.3
1.4
2.1
–
5.6
4.4
4.7
5.0
–
7.2
3.3
4.1
5.0
9.7
3.3
4.5
4.4
6.8
4.5
2.2
1.5
1.6
2.8
Full time ...................................................................
Part time ..................................................................
1.9
4.1
2.0
2.9
2.0
4.6
1.0
1.9
Union .......................................................................
Nonunion .................................................................
4.2
1.9
6.6
1.8
5.9
2.1
3.4
1.0
Average wage within the following categories1:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
4.4
4.1
2.9
2.4
3.0
4.1
3.9
–
2.6
2.4
3.2
4.5
4.2
8.9
3.8
2.9
2.9
4.1
1.8
–
1.2
1.3
1.5
1.9
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
3.5
8.9
3.7
3.8
–
4.5
3.1
6.9
3.6
1.7
–
1.9
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
2.1
3.8
–
4.0
6.7
10.9
4.9
3.4
3.5
4.4
5.0
4.5
–
3.3
7.7
8.4
2.4
2.0
2.6
4.0
2.7
7.3
–
–
3.3
3.5
4.3
4.7
6.6
8.4
4.4
–
–
5.2
2.5
4.2
5.3
3.7
9.3
–
5.5
4.1
3.8
5.5
5.8
6.4
6.9
7.2
–
–
7.7
1.1
0.9
–
2.0
2.1
3.7
–
1.7
1.4
2.2
1.9
3.5
–
2.9
6.8
8.2
3.2
Establishment characteristics
See footnotes at end of table.
Table 54. Standard errors for savings and thrift plans: Vesting requirements,
private industry workers, National Compensation Survey, 2014—continued
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Immediate
full vesting
Cliff vesting
Graded
vesting
Not
determinable
2.2
2.7
3.4
2.3
2.8
3.2
2.4
2.9
5.3
2.4
3.5
3.6
2.6
3.6
4.8
2.4
3.6
3.0
1.7
1.6
3.9
1.2
1.3
2.1
4.9
6.4
2.8
2.0
3.1
7.4
4.8
6.2
7.7
2.4
4.7
2.5
3.6
4.2
2.7
3.3
4.4
5.7
3.1
4.2
3.8
5.2
–
6.9
6.8
8.2
2.1
1.9
9.8
3.1
4.2
4.1
9.3
3.4
7.9
2.8
2.2
2.7
1.0
1.0
3.6
2.1
2.3
3.2
2.8
2.8
–
3.6
Geographic areas
Northeast .................................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
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 2014."
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/glossary20142015.htm.
Table 55. Savings and thrift plans: Investment choices for employee funds, private industry workers, National Compensation
Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Available investments
Characteristics
Investment
choice
available
Company
stock
Common Diversified
stock
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
Worker characteristics
All workers ...............................................................
88
28
66
79
63
21
9
–
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
88
86
90
82
88
90
87
83
85
93
92
93
31
35
28
–
28
31
26
30
38
31
29
33
68
69
67
60
65
62
66
60
68
70
65
76
79
80
79
77
80
83
78
72
76
82
79
85
66
66
66
49
66
72
63
56
59
58
52
66
19
21
17
12
24
24
24
24
27
21
17
27
9
6
11
4
7
6
8
10
9
11
13
8
–
–
–
–
–
–
–
–
–
–
–
–
–
–
10
18
–
10
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
88
89
29
23
67
57
79
79
63
64
21
13
9
9
–
–
–
11
Union .......................................................................
Nonunion .................................................................
90
88
34
28
68
66
82
79
62
63
29
20
8
9
–
–
10
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
89
81
85
89
89
91
23
20
22
24
37
39
66
64
58
69
69
73
83
73
75
80
80
82
66
52
57
63
66
70
15
–
23
19
22
21
7
8
9
9
9
9
–
–
–
–
–
–
–
19
–
–
–
9
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
89
87
89
36
–
39
67
66
68
77
71
78
59
57
57
24
–
22
11
15
11
–
–
–
–
13
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services:
Educational services ......................................
Junior colleges, colleges, and universities ...
88
92
91
90
100
89
–
96
94
99
93
91
27
29
14
33
40
48
40
44
46
31
39
39
66
67
67
59
85
75
80
82
84
79
71
71
80
85
82
84
92
82
87
88
87
90
85
85
64
70
61
75
72
65
75
77
72
79
70
70
20
22
15
19
39
29
27
30
29
35
16
–
8
6
9
4
7
7
9
7
6
9
8
6
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
(3)
11
–
4
6
1
7
9
85
98
–
–
72
86
75
90
60
59
32
34
9
7
–
–
15
2
Establishment characteristics
See footnotes at end of table.
Table 55. Savings and thrift plans: Investment choices for employee funds, private industry workers, National Compensation
Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Available investments
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Investment
choice
available
Company
stock
Common Diversified
stock
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
87
86
89
89
89
89
20
18
23
34
31
36
64
62
70
67
63
72
74
72
78
82
81
84
58
55
67
66
63
69
20
23
14
21
22
19
12
13
11
6
8
4
–
–
–
–
–
–
–
–
–
–
–
–
83
88
81
91
93
91
90
86
89
80
90
87
91
19
–
22
31
35
20
29
32
32
33
30
19
35
57
57
57
71
76
78
61
60
61
60
74
68
77
71
69
72
83
84
81
82
77
78
76
84
78
86
55
59
54
72
73
71
71
49
43
61
71
65
74
21
31
18
21
20
25
20
19
22
13
21
31
17
12
19
9
8
8
8
8
9
11
4
6
9
5
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
9
10
–
–
–
–
–
9
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Includes investment vehicles not separately estimated (e.g., U.S. government securities, guaranteed investment contracts, money market funds, and certificates of deposit).
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 2014."
3 Less than 0.5.
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/glossary20142015.htm.
Table 55. Standard errors for savings and thrift plans: Investment choices for employee funds, private industry workers, National
Compensation Survey, 2014
Available investments
Characteristics
Investment
choice
available
Company
stock
Common Diversified
stock
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
Worker characteristics
All workers ...............................................................
1.5
2.2
2.3
1.9
1.8
1.6
1.2
–
–
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
2.2
4.3
2.0
5.1
2.0
2.7
2.6
3.3
3.3
1.3
1.7
1.7
3.6
4.5
3.8
–
1.9
2.8
2.2
4.1
4.5
4.2
3.9
5.8
3.2
4.7
3.8
5.4
2.9
3.7
3.4
3.8
3.7
4.2
5.2
4.6
3.0
4.4
3.2
5.1
2.6
3.2
3.0
3.6
3.6
2.9
4.1
3.3
3.0
4.4
3.4
4.9
2.9
3.7
3.2
3.4
3.5
3.1
5.2
4.2
2.2
3.0
2.5
3.3
2.6
2.6
3.3
4.4
5.3
3.6
2.9
6.1
2.1
1.3
3.3
1.7
1.4
1.5
1.9
2.1
2.6
2.5
3.5
2.8
–
–
–
–
–
–
–
–
–
–
–
–
–
–
2.0
5.1
–
2.7
–
–
–
–
–
–
Full time ...................................................................
Part time ..................................................................
1.6
2.2
2.3
3.0
2.3
4.2
2.0
3.0
1.8
4.0
1.7
2.2
1.2
2.9
–
–
–
2.2
Union .......................................................................
Nonunion .................................................................
2.6
1.6
4.6
2.3
4.9
2.4
3.3
2.0
6.2
1.9
4.5
1.6
2.9
1.3
–
–
2.6
–
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
3.5
11.5
2.5
1.9
1.6
1.9
2.9
4.9
3.2
2.5
3.5
4.8
4.2
9.1
3.7
2.6
2.9
3.5
3.8
11.1
3.2
2.1
2.5
2.4
4.8
11.8
2.7
2.2
2.7
2.7
2.4
–
3.2
2.0
2.5
3.6
1.7
3.8
2.3
1.3
2.1
2.3
–
–
–
–
–
–
–
11.5
–
–
–
1.9
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
2.0
4.5
2.2
3.9
–
3.6
3.5
8.0
3.7
2.6
7.6
2.6
4.0
7.5
5.1
3.7
–
3.5
2.2
4.4
2.4
–
–
–
–
4.5
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services:
Educational services ......................................
Junior colleges, colleges, and universities ...
1.8
1.2
2.4
2.2
0.3
4.3
–
1.0
1.4
0.5
2.8
4.0
2.5
3.2
3.3
5.1
8.8
7.9
3.3
3.2
4.8
5.0
7.9
8.6
2.6
3.2
5.8
4.4
6.6
8.2
2.4
2.4
3.3
4.5
6.7
7.8
2.3
2.2
4.5
3.0
4.6
6.2
2.5
2.4
2.6
4.3
4.1
4.6
2.1
3.1
5.1
4.0
7.2
6.6
4.0
3.4
5.4
5.5
5.7
7.7
1.8
3.6
2.7
3.3
11.2
5.0
3.2
3.3
5.2
4.9
4.4
–
1.4
1.4
3.4
1.6
4.5
3.7
2.3
2.1
1.6
4.3
4.0
4.2
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
0.3
4.3
–
1.0
1.4
0.5
2.8
4.0
6.7
2.0
–
–
7.7
5.8
7.9
4.7
9.6
8.3
5.0
5.1
5.9
5.5
–
–
6.7
2.0
Establishment characteristics
See footnotes at end of table.
Table 55. Standard errors for savings and thrift plans: Investment choices for employee funds, private industry workers, National
Compensation Survey, 2014—continued
Available investments
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Investment
choice
available
Company
stock
Common Diversified
stock
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
1.7
2.2
3.2
2.2
3.4
2.0
2.1
2.7
4.2
2.8
3.7
3.4
3.0
3.9
4.6
2.8
3.7
3.2
2.8
3.6
3.4
2.3
3.6
2.4
2.7
3.3
5.0
2.3
3.6
2.4
2.5
3.6
2.8
2.0
2.4
2.8
2.4
3.2
2.8
1.1
1.8
1.4
–
–
–
–
–
–
–
–
–
–
–
–
5.0
4.2
6.3
1.8
2.1
5.2
3.5
2.8
2.8
5.7
2.3
5.5
2.3
3.2
–
4.2
4.0
6.3
4.6
7.1
4.9
5.9
9.0
4.9
3.3
6.9
6.1
9.8
7.4
2.8
4.5
5.5
4.3
5.5
7.9
5.3
3.4
5.9
4.2
6.0
10.2
7.3
2.8
4.9
5.1
3.5
3.0
3.9
4.8
3.1
7.9
2.9
5.4
8.2
6.5
1.9
2.4
5.3
3.6
3.9
4.6
6.2
3.1
5.8
3.7
2.9
7.1
2.9
3.1
4.7
2.8
5.6
3.1
4.4
3.2
3.5
6.9
3.7
3.8
11.4
3.1
1.9
3.3
4.3
2.2
2.0
2.7
1.9
1.3
3.9
0.7
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
5.2
3.5
–
–
–
–
–
2.3
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Includes investment vehicles not separately estimated (e.g., U.S. government securities, guaranteed investment contracts, money market funds, and certificates of deposit).
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 2014."
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/glossary20142015.htm.
Table 56. Savings and thrift plans: Investment choices for employer funds, private industry workers, National Compensation
Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Available investments
Characteristics
Investment
choice
available
Company Common
stock
stock
Diversified
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
Worker characteristics
All workers ...............................................................
83
28
64
76
60
20
7
2
15
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance:
Installation, maintenance, and repair ..................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
81
82
81
84
87
83
30
34
27
28
34
26
66
67
65
63
62
64
76
77
75
77
81
75
63
62
63
64
70
61
19
21
17
23
23
23
5
4
6
7
6
7
1
–
–
2
–
2
17
–
–
14
–
15
84
89
91
88
38
29
29
29
66
68
64
72
75
79
79
79
58
57
52
62
27
21
17
26
9
10
12
8
–
–
–
–
–
–
–
–
Full time ...................................................................
84
28
65
76
60
21
7
1
15
Union .......................................................................
Nonunion .................................................................
86
83
35
28
65
64
78
76
58
60
27
20
8
6
–
2
–
15
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
85
82
84
82
86
25
21
23
36
38
65
56
67
67
71
78
73
77
77
79
64
54
60
63
68
14
22
19
22
21
6
9
7
5
6
–
–
2
–
–
–
–
14
–
–
Goods-producing industries .....................................
Manufacturing ......................................................
85
87
35
39
66
67
77
78
57
57
24
22
9
9
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services:
Educational services ......................................
Junior colleges, colleges, and universities ...
82
88
87
87
94
87
89
89
89
86
90
91
26
29
14
35
35
48
39
42
45
28
37
37
64
66
67
59
81
73
75
78
82
70
69
69
76
82
81
81
87
80
80
83
84
79
82
83
61
68
59
74
68
62
70
73
71
69
68
70
19
22
17
18
38
29
27
29
29
34
16
–
6
5
6
4
7
7
8
5
5
7
8
6
2
–
–
–
–
–
–
–
–
–
–
–
16
–
–
–
6
13
–
–
–
–
10
9
84
98
–
–
72
86
75
88
60
59
32
34
8
7
–
–
–
2
Establishment characteristics
See footnotes at end of table.
Table 56. Savings and thrift plans: Investment choices for employer funds, private industry workers, National Compensation
Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Available investments
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Investment
choice
available
Company Common
stock
stock
Diversified
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
80
79
82
85
84
86
19
18
23
33
30
36
63
60
68
65
61
71
72
71
74
79
76
82
56
52
65
63
60
67
20
23
14
20
21
18
8
8
8
6
7
4
2
2
–
1
–
–
18
19
–
14
–
–
89
92
88
84
80
85
86
85
86
31
35
21
29
31
31
29
18
34
70
76
75
60
56
58
72
66
74
81
85
80
77
72
74
80
76
82
70
72
69
67
45
42
68
63
70
20
20
25
19
19
23
21
31
17
7
7
7
7
8
10
5
8
3
–
–
–
–
3
–
–
–
–
–
–
–
–
17
–
–
–
–
Geographic areas
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Includes investment vehicles not separately estimated (e.g., U.S. government securities, guaranteed investment contracts, money market funds, and certificates of deposit).
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 2014."
Table 56. Standard errors for savings and thrift plans: Investment choices for employer funds, private industry workers,
National Compensation Survey, 2014
Available investments
Characteristics
Investment
choice
available
Company Common
stock
stock
Diversified
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
Worker characteristics
All workers ...............................................................
1.9
2.3
2.3
2.0
1.9
1.6
0.9
0.3
1.9
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance:
Installation, maintenance, and repair ..................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
3.1
4.3
3.7
2.0
2.8
2.8
3.6
4.5
3.9
2.0
3.0
2.2
3.3
4.7
3.9
3.0
3.7
3.5
3.1
4.4
3.5
2.6
3.3
3.1
3.0
4.3
3.6
3.0
3.7
3.3
2.2
3.0
2.5
2.5
2.6
3.2
1.4
1.2
2.0
1.4
1.5
1.9
0.4
–
–
0.4
–
0.6
3.1
–
–
2.0
–
2.8
3.4
1.9
1.9
3.4
4.5
4.3
3.8
6.3
3.8
3.7
4.9
4.3
3.7
2.8
4.1
3.6
3.6
3.3
5.2
5.7
5.3
3.0
2.9
4.6
2.6
2.4
3.3
2.8
–
–
–
–
–
–
–
–
Full time ...................................................................
1.9
2.4
2.4
2.0
1.9
1.7
1.0
0.3
1.9
Union .......................................................................
Nonunion .................................................................
3.4
2.0
4.6
2.4
5.1
2.5
4.1
2.1
6.2
2.1
4.2
1.5
2.9
1.0
–
0.3
–
2.0
Average wage within the following categories2:
Lowest 25 percent ...............................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
4.4
2.7
2.2
2.5
2.4
3.0
3.1
2.5
3.6
4.8
4.1
3.5
2.7
3.1
3.6
4.7
3.2
2.3
2.6
2.5
5.1
2.8
2.3
2.7
2.8
2.3
2.9
2.1
2.5
3.6
1.7
2.2
1.2
1.3
1.9
–
–
0.5
–
–
–
–
2.3
–
–
Goods-producing industries .....................................
Manufacturing ......................................................
2.1
2.2
3.8
3.5
3.3
3.5
2.6
2.5
4.0
5.1
3.7
3.5
1.9
2.0
–
–
–
–
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services:
Educational services ......................................
Junior colleges, colleges, and universities ...
2.4
1.6
3.5
2.8
3.5
4.4
2.0
2.0
2.3
4.1
3.6
4.0
2.6
3.3
3.3
5.3
8.8
7.9
3.3
3.3
4.9
4.9
8.3
9.0
2.7
3.0
5.8
4.3
7.2
8.2
2.3
2.4
3.5
4.0
7.3
8.9
2.4
2.3
4.7
3.4
5.8
6.3
2.2
2.3
3.0
4.0
5.2
5.6
2.2
3.3
4.9
4.3
7.6
6.5
3.8
3.3
5.5
5.2
6.2
7.7
1.7
3.4
2.9
3.2
11.2
5.0
3.3
3.4
5.1
5.0
4.4
–
1.1
1.3
2.5
1.6
4.5
3.7
2.4
2.1
1.4
4.4
4.0
4.2
0.3
–
–
–
–
–
–
–
–
–
–
–
2.4
–
–
–
3.5
4.4
–
–
–
–
3.6
4.0
6.7
2.0
–
–
7.7
5.8
7.9
4.7
9.6
8.3
5.0
5.1
5.6
5.5
–
–
–
2.0
Establishment characteristics
See footnotes at end of table.
Table 56. Standard errors for savings and thrift plans: Investment choices for employer funds, private industry workers,
National Compensation Survey, 2014—continued
Available investments
Characteristics
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Investment
choice
available
Company Common
stock
stock
Diversified
investments
Lifecycle
funds
Other1
Investment
choice exists
but not
determinable
No
investment
choice
available
Not
determinable
2.5
3.2
4.1
2.4
3.7
2.1
2.2
2.8
4.3
2.8
3.7
3.4
2.9
3.7
5.1
2.9
4.0
3.1
2.8
3.6
4.1
2.5
3.8
2.3
2.8
3.4
5.4
2.4
3.8
2.4
2.3
3.2
2.7
1.9
2.4
2.9
1.6
2.1
2.2
1.0
1.6
1.3
0.4
0.6
–
0.4
–
–
2.5
3.2
–
2.4
–
–
2.3
2.1
5.8
5.5
3.5
3.0
3.3
6.4
3.8
4.0
6.4
5.1
7.2
5.6
6.7
4.9
3.2
6.9
2.7
4.3
5.2
4.3
5.9
8.1
3.6
6.0
4.5
2.8
4.2
5.3
5.3
3.5
3.8
3.6
8.1
3.8
2.2
2.4
5.3
5.1
4.4
4.7
3.5
5.8
4.3
3.0
4.6
3.1
5.5
2.6
3.8
3.5
6.9
3.7
1.7
2.9
3.7
2.0
1.9
2.6
1.3
3.8
0.8
–
–
–
–
0.8
–
–
–
–
–
–
–
–
3.4
–
–
–
–
Geographic areas
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Includes investment vehicles not separately estimated (e.g., U.S. government securities, guaranteed investment contracts, money market funds, and certificates of deposit).
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 2014."
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/glossary20142015.htm.
Table 57. Savings and thrift plans: Method of distribution of retirement benefits,
private industry workers, National Compensation Survey, 2014
(All workers participating in savings and thrift plans = 100 percent)
Method of distribution1
Characteristics
Lump sum
Installments
Not
determinable
Other2
Worker characteristics
All workers ...............................................................
87
41
11
12
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
86
86
87
83
89
91
88
81
89
90
89
92
45
46
45
38
37
31
40
42
49
35
36
34
9
12
6
4
18
28
13
12
15
5
–
–
13
13
13
16
11
9
11
17
10
9
10
8
Full time ...................................................................
Part time ..................................................................
86
95
41
34
10
20
13
5
Union .......................................................................
Nonunion .................................................................
88
87
54
40
11
11
9
12
Average wage within the following categories3:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
90
86
89
85
87
87
35
41
33
38
48
47
19
10
13
7
10
12
10
14
11
14
12
13
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
83
73
84
37
20
38
–
–
–
15
17
15
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
88
91
87
94
91
90
87
93
93
91
94
88
87
85
96
89
83
42
35
40
28
40
49
63
56
60
62
53
38
37
41
44
68
41
12
19
–
35
–
–
–
23
25
31
–
–
–
–
–
–
–
11
9
13
6
9
10
13
7
7
9
6
12
13
14
2
4
15
Establishment characteristics
See footnotes at end of table.
Table 57. Savings and thrift plans: Method of distribution of retirement benefits,
private industry workers, National Compensation Survey, 2014—continued
(All workers participating in savings and thrift plans = 100 percent)
Method of distribution1
Characteristics
Lump sum
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Installments
Not
determinable
Other2
84
84
83
89
91
87
37
41
28
42
39
46
8
8
–
12
15
7
15
14
16
10
8
13
86
86
86
87
87
90
86
86
86
87
90
85
92
52
55
51
37
41
34
32
36
36
36
40
37
42
8
–
7
14
15
10
13
7
–
–
13
12
13
13
14
13
12
12
9
14
14
14
12
9
11
7
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
3
Sum of individual items may be greater than total because multiple methods of distribution are available to some employees
Includes methods of distribution not calculated separately (e.g., employer stock).
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 2014."
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/glossary20142015.htm.
Table 57. Standard errors for savings and thrift plans: Method of distribution of
retirement benefits, private industry workers, National Compensation Survey,
2014
Method of distribution
Characteristics
Lump sum
Installments
Not
determinable
Other1
Worker characteristics
All workers ...............................................................
1.4
2.1
1.0
1.3
Management, professional, and related ..................
Management, business, and financial .................
Professional and related ......................................
Service .....................................................................
Sales and office .......................................................
Sales and related .................................................
Office and administrative support ........................
Natural resources, construction, and maintenance
Installation, maintenance, and repair ...................
Production, transportation, and material moving .....
Production ............................................................
Transportation and material moving ....................
2.2
3.1
2.1
4.6
1.9
2.5
2.2
3.3
3.1
2.0
3.0
2.9
3.6
4.6
3.9
4.3
2.5
3.4
3.3
4.3
4.8
3.2
3.6
5.3
1.4
2.0
1.3
1.2
1.6
3.3
1.2
2.9
3.8
1.3
–
–
2.1
3.0
2.0
4.5
1.9
2.5
2.2
3.4
3.0
2.0
2.9
2.9
Full time ...................................................................
Part time ..................................................................
1.5
1.6
2.2
4.5
0.9
2.8
1.5
1.6
Union .......................................................................
Nonunion .................................................................
4.9
1.3
5.6
2.1
2.6
1.0
4.6
1.3
Average wage within the following categories2:
Lowest 25 percent ...............................................
Lowest 10 percent ...........................................
Second 25 percent ...............................................
Third 25 percent ...................................................
Highest 25 percent ...............................................
Highest 10 percent ...........................................
2.9
10.2
2.1
1.8
2.3
3.2
3.4
10.3
2.4
2.6
3.2
4.4
2.8
2.1
1.5
1.1
1.5
2.3
2.9
10.2
2.1
1.7
2.2
3.2
Goods-producing industries .....................................
Construction .........................................................
Manufacturing ......................................................
2.1
7.4
2.3
2.9
5.0
2.9
–
–
–
1.9
4.4
2.4
Service-providing industries .....................................
Trade, transportation, and utilities .......................
Wholesale trade ...............................................
Retail trade ......................................................
Transportation and warehousing .....................
Utilities .............................................................
Information ...........................................................
Financial activities ................................................
Finance and insurance ....................................
Credit intermediation and related activities ..
Insurance carriers and related activities ......
Professional and business services .....................
Professional and technical services .................
Education and health services .............................
Educational services ........................................
Junior colleges, colleges, and universities ...
Health care and social assistance ...................
1.6
1.6
4.3
1.7
5.1
3.1
4.4
1.6
1.9
2.5
2.1
4.7
6.7
3.2
2.4
4.1
4.0
2.5
2.8
4.8
3.5
8.8
9.8
8.3
3.7
3.4
4.1
4.1
6.5
7.0
7.4
5.7
8.6
8.5
1.2
2.6
–
4.4
–
–
–
2.7
2.8
3.4
–
–
–
–
–
–
–
1.6
1.6
4.3
1.7
5.1
3.1
4.4
1.5
1.9
2.4
2.1
4.7
6.7
2.7
1.0
2.0
3.4
Establishment characteristics
See footnotes at end of table.
Table 57. Standard errors for savings and thrift plans: Method of distribution of
retirement benefits, private industry workers, National Compensation Survey,
2014—continued
Method of distribution
Characteristics
Lump sum
1 to 99 workers ........................................................
1 to 49 workers ....................................................
50 to 99 workers ..................................................
100 workers or more ................................................
100 to 499 workers ..............................................
500 workers or more ............................................
Installments
Not
determinable
Other1
2.1
2.6
3.8
1.5
1.8
1.9
2.9
3.5
4.0
2.5
3.1
3.5
1.3
1.6
–
1.2
1.7
1.6
2.0
2.5
3.7
1.5
1.8
1.9
4.2
4.7
5.2
2.0
2.8
1.0
3.9
2.5
2.9
4.6
2.8
6.9
2.5
6.2
8.7
7.4
2.9
4.6
6.1
3.9
3.6
4.2
6.6
4.5
8.8
5.1
1.9
–
1.5
1.6
2.5
1.4
2.9
1.6
–
–
2.8
3.6
3.7
4.0
4.7
4.9
2.0
2.9
1.3
3.9
2.5
2.9
4.5
2.5
5.8
2.5
Geographic areas
Northeast .................................................................
New England .......................................................
Middle Atlantic .....................................................
South .......................................................................
South Atlantic .......................................................
East South Central ...............................................
West South Central ..............................................
Midwest ....................................................................
East North Central ...............................................
West North Central ..............................................
West .........................................................................
Mountain ..............................................................
Pacific ..................................................................
1
2
Includes methods of distribution not calculated separately (e.g., employer stock).
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 2014."
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/glossary20142015.htm.