Table 3. Standard errors for defined benefit retirement plans: Employee contribution requirement and method of contribution, private industry workers, National Compensation Survey, March 2011
|
Characteristics
|
Employee contribution required
|
Fixed percent of annual earnings1
|
Employee contribution not required
|
Total
|
Mean fixed percent of annual earnings
|
Median fixed percent of annual earnings
|
|
|
|
|
|
|
|
|
|
|
|
|
Management, professional, and related
|
|
|
|
|
|
Management, business, and financial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Office and administrative support
|
|
|
|
|
|
Natural resources, construction, and maintenance
|
|
|
|
|
|
Construction, extraction, farming, fishing, and forestry
|
|
|
|
|
|
Installation, maintenance, and repair
|
|
|
|
|
|
Production, transportation, and material moving
|
|
|
|
|
|
|
|
|
|
|
|
Transportation and material moving
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average wage within the following categories:2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Establishment characteristics
|
|
|
|
|
|
Goods-producing industries
|
|
|
|
|
|
|
|
|
|
|
|
Service-providing industries
|
|
|
|
|
|
Trade, transportation, and utilities
|
|
|
|
|
|
|
|
|
|
|
|
Transportation and warehousing
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit intermediation and related activities
|
|
|
|
|
|
Professional and business services
|
|
|
|
|
|
Education and health services
|
|
|
|
|
|
|
|
|
|
|
|
Junior colleges, colleges, and universities
|
|
|
|
|
|
Health care and social assistance
|
|
|
|
|
|
|
|
|
|
|
|
Accommodation and food services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1The employee contributes a fixed percentage of his or her earnings to the retirement plan.
|
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/glossary20102011.htm.
|
2The 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.
|
|
|