Defined contribution retirement plans: Selected attributes

Table 8. Defined contribution retirement plans: Selected attributes, private
industry workers,  National Compensation Survey, March 2013

(All workers participating in defined contribution plans = 100 percent)

Characteristics

Employee contribution

Employee contribution
option

Required

Not required

Pretax

Not pretax

All workers

67

33

82

18

Worker characteristics

       

Management, professional, and related

68

32

83

17

    Management, business, and financial

70

30

84

16

    Professional and related

67

33

83

17

Service

62

38

78

22

    Protective service

87

13

Sales and office

67

33

81

19

    Sales and related

73

27

84

16

    Office and administrative support

65

35

80

20

Natural resources, construction, and maintenance

63

37

79

21

    Construction, extraction, farming, fishing, and
     forestry

48

52

75

25

    Installation, maintenance, and repair

71

29

82

18

Production, transportation, and material moving

70

30

84

16

    Production

69

31

83

17

    Transportation and material moving

70

30

85

15

Full time

67

33

82

18

Part time

67

33

80

20

Union

62

38

82

18

Nonunion

68

32

82

18

Average wage within the following categories:1

       

    Lowest 25 percent

73

27

84

16

        Lowest 10 percent

71

29

84

16

    Second 25 percent

66

34

79

21

    Third 25 percent

65

35

81

19

    Highest 25 percent

67

33

84

16

        Highest 10 percent

67

33

84

16

Establishment characteristics

       

Goods-producing industries

66

34

82

18

    Construction

52

48

76

24

    Manufacturing

69

31

83

17

Service-providing industries

67

33

82

18

    Trade, transportation, and utilities

73

27

84

16

        Wholesale trade

71

29

84

16

        Retail trade

76

24

83

17

        Transportation and warehousing

67

33

86

14

        Utilities

80

20

89

11

    Information

77

23

87

13

    Financial activities

66

34

80

20

        Finance and insurance

66

34

80

20

            Credit intermediation and related activities

62

38

76

24

            Insurance carriers and related activities

75

25

87

13

        Real estate and rental and leasing

63

37

80

20

    Professional and business services

64

36

80

20

        Professional and technical services

66

34

81

19

        Administrative and waste services

61

39

    Education and health services

61

39

81

19

        Educational services

61

39

87

13

            Junior colleges, colleges, and universities

62

38

87

13

        Healthcare and social assistance

62

38

80

20

    Leisure and hospitality

72

28

86

14

        Accommodation and food services

72

28

85

15

    Other services

65

35

1 to 99 workers

63

37

79

21

    1 to 49 workers

62

38

78

22

    50 to 99 workers

65

35

82

18

100 workers or more

70

30

84

16

    100 to 499 workers

72

28

85

15

    500 workers or more

67

33

83

17

Geographic areas

       

New England

69

31

88

12

Middle Atlantic

66

34

87

13

East North Central

63

37

80

20

West North Central

64

36

76

24

South Atlantic

67

33

81

19

East South Central

76

24

87

13

West South Central

70

30

83

17

Mountain

70

30

84

16

Pacific

67

33

79

21

1Surveyed 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& nbsp;Compensation - March 2013."


NOTE: Because of rounding, sums of individual items may
not equal totals. 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/glossary20122013.htm.