Standard Errors
Life insurance plans: Flat-dollar amount benefit formulas

Table 22. Standard errors for life insurance plans: Flat-dollar amount benefit formulas,1
civilian workers,2 National Compensation Survey, March 2011

Characteristics

Flat dollar amounts3

10th
percentile

25th
percentile

50th
percentile
(median)

75th
percentile

90th
percentile

All workers

$1,510.43

$0.00

$2,358.97

$3,838.96

$0.00

Worker characteristics

         

Management, professional, and related

1,642.01

0.00

781.02

0.00

0.00

    Management, business, and financial

1,087.84

1,194.74

2,469.82

2,209.07

0.00

    Professional and related

1,000.20

0.00

781.02

781.02

0.00

        Teachers:
           Primary, secondary, and special education
            school teachers

3,420.50

880.17

781.02

3,447.14

0.00

        Registered nurses

0.00

1,486.00

0.00

8,696.15

0.00

Service

0.00

0.00

0.00

5,634.22

7,961.86

Sales and office

2,294.41

0.00

5,494.58

0.00

0.00

    Sales and related

0.00

0.00

0.00

1,746.42

0.00

    Office and administrative support

2,668.09

0.00

0.00

1,760.34

0.00

Natural resources, construction, and maintenance

312.41

0.00

6,749.77

0.00

0.00

    Construction, extraction, farming, fishing, and
     forestry

2,920.24

0.00

0.00

156.20

0.00

    Installation, maintenance, and repair

0.00

0.00

0.00

0.00

6,440.50

Production, transportation, and material moving

0.00

0.00

4,169.72

0.00

0.00

    Production

312.41

0.00

4,396.00

883.63

1,288.10

    Transportation and material moving

541.11

0.00

2,217.68

0.00

2,972.00

Full time

2,354.76

0.00

0.00

1,823.32

0.00

Part time

0.00

0.00

2,102.97

1,913.11

0.00

Union

0.00

0.00

0.00

0.00

0.00

Nonunion

0.00

0.00

1,288.10

0.00

0.00

Average wage within the following categories:4

         

    Lowest 25 percent

0.00

0.00

5,566.14

0.00

5,966.54

        Lowest 10 percent

1,583.38

500.10

781.02

5,467.17

5,948.11

    Second 25 percent

800.31

0.00

0.00

0.00

781.02

    Highest 25 percent

1,608.23

1,199.83

1,269.02

0.00

0.00

        Highest 10 percent

2,882.39

781.02

5,192.60

0.00

11,100.45

Establishment characteristics

         

Goods-producing industries

0.00

0.00

841.19

2,734.70

0.00

Service-providing industries

413.28

0.00

4,981.75

3,112.36

0.00

    Education and health services

312.41

0.00

5,340.75

6,843.66

0.00

        Educational services

604.98

0.00

855.57

6,527.52

0.00

        Health care and social assistance

563.21

0.00

0.00

5,844.66

0.00

            Hospitals

156.20

0.00

6,763.87

3,744.05

0.00

    Public administration

0.00

0.00

0.00

3,124.10

0.00

1 to 99 workers

0.00

0.00

1,209.96

0.00

0.00

    1 to 49 workers

0.00

0.00

1,104.54

0.00

0.00

    50 to 99 workers

2,285.08

0.00

6,449.96

0.00

0.00

100 workers or more

0.00

0.00

0.00

2,696.61

0.00

    100 to 499 workers

2,521.15

0.00

4,067.33

5,126.29

0.00

    500 workers or more

0.00

0.00

0.00

1,838.34

0.00

Geographic areas

         

Middle Atlantic

715.82

0.00

4,103.91

11,203.29

0.00

East North Central

2,538.03

0.00

0.00

5,259.03

0.00

West North Central

4,822.16

0.00

1,746.42

6,115.48

0.00

South Atlantic

1,481.89

0.00

0.00

493.96

0.00

East South Central

0.00

0.00

2,209.07

156.20

5,535.92

West South Central

0.00

0.00

0.00

3,857.98

13,131.44

Mountain

0.00

2,816.03

2,816.03

6,980.46

0.00

Pacific

413.28

0.00

4,971.64

4,701.59

0.00

1Includes participants in plans providing a fixed benefit amount. Dollar amounts can be a flat amount or can vary by the
employeeís earnings or length of service.

2Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except
the federal government. See Technical Note for further explanation.

3The 10th, 25th, 50th, 75th, and 90th percentiles designate position within each published series. For example, at the 50th
percentile or median, half of participating workers receive the same as or more than the amount shown, and half receive the same as
or less than the amount shown. At the 25th percentile, one-fourth of participating workers receive the same or less than the amount
shown. The remaining percentiles follow the same logic.

4The categories are based on the average wage for each occupation surveyed, which may include workers with earnings both
above and below the threshold. The average wages are based on the estimates published in the "National Compensation Survey:
Occupational Earnings in the United States, 2010." See Technical Note for more details.


NOTE: For definitions of major plans, key provisions, and related terms, see the "Glossary of Employee Benefit Terms" at
www.bls.gov/ncs/ebs/glossary20102011.htm.