Defined benefit retirement plans: open and frozen plans Standard Errors

Table 4. Standard errors for defined benefit retirement
plans: Open and frozen plans, private industry workers, 
National Compensation Survey, March 2009

Characteristics

Open
plans1

Frozen
plans2

All workers

1.2

1.2

Worker characteristics

   

Management, professional, and related

1.7

1.7

    Management, business, and financial

1.9

1.9

    Professional and related

2.1

2.1

Service

3.4

3.4

Sales and office

1.7

1.7

    Sales and related

3.0

3.0

    Office and administrative support

2.0

2.0

Natural resources, construction, and maintenance

1.0

1.0

    Construction, extraction, farming, fishing, and
     forestry

0.6

0.6

    Installation, maintenance, and repair

1.7

1.7

Production, transportation, and material moving

1.8

1.8

    Production

2.6

2.6

    Transportation and material moving

2.0

2.0

Full time

1.1

1.1

Part time

2.6

2.6

Union

1.4

1.4

Nonunion

1.2

1.2

Wage percentiles:3

   

    Lowest 10 percent

9.3

9.3

    Lowest 25 percent

5.8

5.8

    Second 25 percent

1.6

1.6

    Third 25 percent

1.2

1.2

    Highest 25 percent

1.3

1.3

    Highest 10 percent

1.8

1.8

Establishment characteristics

   

Goods-producing industries

1.7

1.7

    Construction

0.0

    Manufacturing

2.3

2.3

Service-providing industries

1.5

1.5

    Trade, transportation, and utilities

1.6

1.6

        Wholesale trade

3.9

3.9

        Retail trade

3.4

3.4

        Transportation and warehousing

1.9

1.9

        Utilities

4.2

4.2

    Information

2.9

2.9

    Financial activities

2.0

2.0

        Finance and insurance

2.1

2.1

            Credit intermediation and related activities

2.9

2.9

            Insurance carriers and related activities

2.4

2.4

    Professional and business services

4.2

4.2

    Education and health services

3.9

3.9

            Junior colleges, colleges, and universities

        Health care and social assistance

4.1

4.1

        Accommodation and food services

1 to 99 workers

1.7

1.7

    1 to 49 workers

1.9

1.9

    50 to 99 workers

3.2

3.2

100 workers or more

1.4

1.4

    100 to 499 workers

2.5

2.5

    500 workers or more

1.3

1.3

Geographic areas

   

New England

3.3

3.3

Middle Atlantic

1.3

1.3

East North Central

2.3

2.3

West North Central

2.9

2.9

South Atlantic

2.5

2.5

West South Central

2.3

2.3

Pacific

1.7

1.7

Footnotes:

1Plans open to new participants.

2Plans closed to new workers or plans that cease accruals for some or all plan
participants.

3The percentile groupings are based on the average wage for each occupation
surveyed, which may include workers both above and below the threshold. The
percentile values are based on the estimates published in the "National Compensation
Survey: Occupational Earnings in the United States, 2008." See Technical Note for
more details.

NOTE: Dash indicates no workers in this category or data did not meet publication
criteria. For definitions of major plans, key provisions, and related terms, see the
"Glossary of Employee Benefit Terms" at www.bls.gov/ncs/ebs/glossary20082009.htm.