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Table 3: Overlap of Diversified and Non-diversified
Pension Plans |
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Percent of participants who are in
companies that have: |
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Diversified |
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|
Defined |
defined |
Either |
Total |
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|
benefit |
contribution |
(1) or (2) |
participants |
|
|
|
pensions |
pensions^ |
|
|
| |
|
|
(1) |
(2) |
(3) |
(4) |
|
| 1 |
ESOP
participants |
66.2% |
34.7% |
75.0% |
7,927,401 |
|
|
|
|
|
|
| 2 |
Participants
in non-ESOP plans |
|
|
that
have more than 10% of |
67.7% |
24.9% |
70.4% |
8,771,335 |
|
| |
assets
in employer stock |
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|
Percent of employees who
are covered by |
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| |
|
|
defined benefit pensions |
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| 3 |
All companies |
|
32.0% |
|
|
| 4 |
Small establishments |
|
15.0% |
|
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| 5 |
Medium and large establishments |
|
50.0% |
|
|
|
|
|
|
|
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| ^ No more
than 10% of plan assets in employer stock |
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| Sources: |
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|
Rows 1-2: Calculations using federal
Form 5500 data for FY98 for large plans (100+ participants) |
|
Rows 3-5: 2001
Report on the American Workforce, U.S. Department of
Labor, Table 44. |
|
| Compiled by
Prof. Douglas Kruse, School of Management and Labor Relations, Rutgers
University |
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