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614. Percent of Full-Time Employees Participating in Retirement Plans

[Covers full-time employees in medium and large private nonfarm establishments. Based on a sample survey of establishments; for details, see source and headnote, Table 703]

 
Type of
retirement 1991 1993 1995 1997
plan
 
  Total 1 78 78 80 79
Defined benefit 59 56 52 50
Defined contribution 48 49 55 57
 
  401(k) plans 2 44 43 54 55



1 Some employees participate in both defined benefit and defined contribution plans, but are counted just once in total.
2 A 401(k) plan is a qualified retirement plan that allows participants to have a portion of their compensation (otherwise payable in cash) contributed pretax to a retirement account on their behalf.

Source: U.S. Bureau of Labor Statistics, News, USDL 99-02, January 7, 1999.

http://stats.bls.gov/newsrels.htm



https://allcountries.org/uscensus/614_percent_of_full_time_employees_participating.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.