Analysis of Retirement Plan Participation Among Different Industries

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Summary

This report provides an analysis of retirement plan participation among different industries based on the analysis database of PEO clients from Form 5500 records. The data has been adjusted to account for variance across industries in the provision of retirement plans. However, for industries with sample sizes too small to provide reliable estimates, the percentage values are listed as "Less than 0.5."

Finance and Insurance

The finance and insurance industry has the highest participation rate in retirement plans among the industries analyzed. The data shows that a significant percentage of employees in this industry have access to retirement plans and actively participate in them.

Educational Services

The educational services industry also has a relatively high participation rate in retirement plans. This indicates that employers in this industry prioritize providing retirement benefits to their employees.

Information

The information industry, which includes sectors such as telecommunications and publishing, also shows a decent participation rate in retirement plans. Employees in this industry have access to retirement benefits, although the participation rate may not be as high as in the finance and insurance industry.

Transportation and Warehousing

The transportation and warehousing industry has a moderate participation rate in retirement plans. While a significant percentage of employees in this industry have access to retirement benefits, the participation rate may vary across different companies within the industry.

Agriculture, Forestry, Fishing, Hunting

The participation rate in retirement plans for the agriculture, forestry, fishing, and hunting industry is too small to provide reliable estimates. The sample size for this industry is insufficient to draw meaningful conclusions about retirement plan participation.

Mining, Quarrying, Oil/Gas

Similar to the agriculture industry, the participation rate in retirement plans for the mining, quarrying, oil, and gas industry is also too small to provide reliable estimates. The sample size for this industry is insufficient to draw meaningful conclusions about retirement plan participation.

Management of Companies

The management of companies industry also has a participation rate that is too small to provide reliable estimates. The sample size for this industry is insufficient to draw meaningful conclusions about retirement plan participation.

Utilities

The participation rate in retirement plans for the utilities industry is also too small to provide reliable estimates. The sample size for this industry is insufficient to draw meaningful conclusions about retirement plan participation.

Please note that the data presented in this report is based on the analysis database of PEO clients from Form 5500 records and has been adjusted to account for variance across industries in the provision of retirement plans. However, for industries with sample sizes too small to provide reliable estimates, the percentage values are listed as "Less than 0.5."

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