The Total View - (Page 19) Fast Fact Average Salary Deferral Rates by Years of Service Similar to average account balances, average deferral rates were highest at companies with fewer than 50 people. 1-2 Years 6.9% 6.4% 6.8% 6.6% 6.5% 6.5% 6.8% 6.6% 7.0% 6.9% 6.9% 7.0% 7.1% 7.1% 7.3% 7.3% 7.4% 7.6% 7.8% 7.9% 8.2% 2-3 Years Average salary deferral among employees with 16 or more years of service far exceeded that of relatively new hires. 3-4 Years 4-5 Years 5-9 Years 10-15 Years 16+ Years 2004 2005 2006 0% 2% 4% 6% 8% 10 % 12 % Average Salary Deferral Rates by Industry Category Transportation, Comm., Utilities, and Sanitary Services Other 6.8% 6.9% 7.0% 7.1% 7.8% 7.4% 7.0% 7.0% 7.1% 7.4% 7.6% 7.9% 7.4% 7.6% 8.0% 6.7% 6.7% 6.8% 7.0% 6.9% 7.0% 6.8% 6.7% 6.8% 6.8% 6.9% 7.2% 8.0% 7.9% 7.8% 6.5% 6.7% 7.1% Tax-Exempt Organization Mining led all industries for average deferral; agriculture, forestry, and fishing had the lowest average salary deferral rates. Services Finance, Insurance, and Real Estate Retail Trade Wholesale Trade Manufacturing Construction Mining Agriculture, Forestry, and Fishing 0% 1% 2% 3% 4% 5% 6% 2004 2005 2006 7% 8% 9% 10% 19
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