Table 7. Employer-Sponsored Retirement Plan Coverage by Personal Characteristics, Full-Time Wage and Salary Workers, 2009 (%)
Any Retirement Plan
Participate,
among
Those
Offered Participate in
Plan
Plan
Offered
Defined Benefit Pension
Participate,
among
Those
Offered Participate in
Plan
Plan
Offered
Defined Contribution Plan
Participate,
among
Those
Offered Participate in
Plan
Plan
Offered
Sex
Men
Women
70.3
72.0
62.5
63.4
88.9
87.9
33.7
34.7
30.3
31.0
89.9
89.3
58.3
59.5
45.3
45.6
77.8
76.7
Age
25-34
35-44
45-54
55-64
64.5
71.1
74.5
75.5
53.9
62.3
67.7
69.7
83.6
87.6
90.8
92.3
27.3
33.1
37.7
40.6
23.9
29.1
34.1
37.8
87.8
87.9
90.3
93.0
56.0
59.2
61.0
58.9
39.4
46.0
49.3
47.5
70.4
77.6
80.8
80.6
Education
Not high school graduate
High school graduate
Some college
Bachelor's degree or more
37.4
62.9
72.2
81.1
27.5
53.2
63.0
75.1
73.6
84.5
87.2
92.5
14.7
28.9
32.9
42.1
12.6
25.9
29.4
38.0
85.5
89.7
89.2
90.3
30.9
51.2
60.7
66.8
18.6
36.5
46.3
55.0
60.2
71.3
76.2
82.3
Race and Hispanic origin
Non-Hispanic white
African American
Hispanic
Other
75.9
69.3
49.9
67.3
68.6
58.1
39.5
60.0
90.3
83.8
79.2
88.9
36.5
35.2
22.7
31.3
32.8
32.1
20.0
27.4
89.7
91.2
88.3
87.7
63.5
54.6
40.2
56.1
50.8
36.2
26.7
44.5
79.9
66.4
66.5
79.4
Annual Earnings ($2010)
Less than $25,000
$25,000 to $49,999
$50,000 to $99,999
$100,000 or more
44.1
71.6
84.5
86.8
32.9
61.4
79.6
83.6
74.5
85.8
94.1
96.2
18.0
32.5
44.9
43.1
15.1
29.5
40.9
37.4
83.9
90.8
91.0
86.8
38.6
58.8
68.4
74.8
22.8
43.1
58.0
67.1
59.0
73.4
84.8
89.7
Source: Urban Institute Program on Retirement Policy estimates from the Survey of Income and Program Participation (SIPP).
Note: Estimates are restricted to wage and salary workers ages 25 to 64 employed at least 35 hours per week. Annual earnings are reported in constant 2010 dollars
and estimated as four times quarterly earnings, as reported in SIPP. Workers classified as having some college did not earn a Bachelor's degree.