Table 2. Percent of all employees participating in types of defined contribution plans by choice of payment options provided, National Compensation Survey, 2000
All defined contribution 401(k) Savings & thrift Profit sharing
Percent Number Percent Number Percent Number Percent Number

Total

100 45,091,000 100 32,104,000 100 28,597,000 100 8,364,000

With lump-sum option

83 37,320,000 88 28,397,000 87 25,010,000 83 6,928,000

No other option

30 13,466,000 28 9,078,000 29 8,371,000 36 3,029,000

With annuity option

5 2,087,000 6 1,829,000 4 1,248,000 7 586,000

With installment option

21 9,252,000 23 7,533,000 25 7,254,000 14 1,145,000

With annuity and installment option

28 12,515,000 31 9,956,000 28 8,136,000 26 2,167,000

With annuity and installment option

(1) 142,000 (1) 128,000 (1) 113,000 - -

Annuity only

1 339,000 1 339,000 1 339,000 - -

Other distribution options (2)

20 9,191,000 22 7,089,000 23 6,604,000 14 1,130,000

Distribution options not determinable

12 5,418,000 10 3,241,000 11 3,135,000 17 1,436,000

Total with annuity option available (3)

33 15,083,000 38 12,252,000 34 9,836,000 33 2,754,000

Total with installment option available (3)

49 21,909,000 55 17,617,000 54 15,503,000 40 3,313,000

Footnotes:
(1) Less than 0.5 percent.
(2) Other options such as rollover into an individual retirement account (IRA) were not tabulated separately.
(3) Total with annuity and installment also included in other rows of the table.

NOTE: Because of multiple payment options, sums of individual items may not equal totals. Dash indicates no employees in the row.