Retirement
» Retirement, Volume 5, Issue 3, 2005
If respondent is owner or expectant owner AND sponsors an employee pension plan.
6b. How long has this plan been in existence?
| Response | ||||
|---|---|---|---|---|
| 1 | < 5 years | 25 | ||
| 2 | 5 - 9 years | 30 | ||
| 3 | 10 - 19 years | 28 | ||
| 4 | 20 or more years | 14 | ||
| 5 | DK/Refuse | 3 | ||
| Total (%) | 100 | |||
| N | 262 | |||
Notes: Twenty-five (25) percent of all small-business owners and expectant owners, now managers, who sponsor an employee pension plan have a plan that is less than five years old (Q#6b).
