November 1999

 

Retirement Income Plan Participation, Private Sector, 1996–1997

Any Retirement Income Plan Type/a

 

  • Medium and Large Private Establishments (with 100 or more employees), 1997.

Total number of employees in the scope of the survey: 45,996,960.

Total number of employees participating in any type of retirement income plan: 32,923,071.

Percentage of employees participating in any plan type: 71.6 percent.

  • Small Private Establishments (with 99 or fewer employees), 1996.

Total number of employees in the scope of the survey: 53,895,014.

Total number of employees participating in any type of retirement income plan: 20,145,689.

Percentage of employees participating in any plan type: 37.3 percent.

  • Total Private Sector, 1996–1997.

Total number of employees in the scope of the survey: 99,891,974.

Total number of employees participating in any type of retirement income plan: 53,068,760.

Percentage of employees participating in any plan type: 53.1 percent.

Defined Benefit Plans

  • Medium and Large Private Establishments (with 100 or more employees), 1997.

Total number of employees in the scope of the survey: 45,996,960.

Total number of employees participating in any type of retirement income plan: 20,494,493.

Percentage of employees participating in any plan type: 44.6 percent.

  • Small Private Establishments (with 99 or fewer employees), 1996.

Total number of employees in the scope of the survey: 53,895,014.

Total number of employees participating in any type of retirement income plan: 6,535,580.

Percentage of employees participating in any plan type: 12.1 percent.

  • Total Private Sector, 1996–1997.

Total number of employees in the scope of the survey: 99,891,974.

Total number employees participating in any type of retirement income plan: 27,030,073.

Percentage of employees participating in any plan type: 27.1 percent.

Defined Contribution Plans

  • Medium and Large Private Establishments (with 100 or more employees), 1997.

Total number of employees in the scope of the survey: 45,996,960.

Total number of employees participating in any type of retirement income plan: 23,638,401.

Percentage of employees participating in any plan type: 51.4 percent.

  • Small Private Establishments (with 99 or fewer employees), 1996.

Total number of employees in the scope of the survey: 53,895,014.

Total number of employees participating in any type of retirement income plan: 16,538,030.

Percentage of employees participating in any plan type: 30.7 percent.

  • Total Private Sector, 1996–1997

Total number of employees in the scope of the survey: 99,891,974.

Total number of employees participating in any type of retirement income plan: 40,176,431.

Percentage of employees participating in any plan type: 40.2 percent.

Source: Employee Benefit Research Institute tabulations of data from the U.S. Department of Labor, Bureau of Labor Statistics, Employee Benefits in Medium and Large Private Establishments, 1997 (U.S. Government Printing Office, Washington, DC, 1999); and Employee Benefits in Small Private Establishments, 1996 (U.S. Government Printing Office, Washington, DC, 1999).

a/Includes defined benefit and defined contribution retirement plans. The total is less than the sum of the individual items because many employees participate in both types of plans.

November 1997