Retirement plan data

Description

The retire.plan data frame has data on "401(k)" retirement plans for employees of 92 firms managed by a company code-named Best Retirement Inc. (BRI).

Usage

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Format

This data frame contains the following columns:

contrib

contribution to retirement plan at end of first year

group

1=client has group life of group health insurance policy, 0=otherwise.

turnover

employee turnover rate.

eligible

number of employees eligible to participate in 401(k) plans.

vest

1=plan has immediate vesting of employer contributions, 0=otherwise.

failsafe

1=plan has a fail-safe provision, 0=otherwise.

match

percentage of contributions matched by the employer.

salary

average annual employee salary in dollars

.

estimate

underwriter's estimate of end-of-year contributions in dollars.

susan

1=plan was sold by a sales representative who has been specifically trained to deal exclusively with 401(k) plans (code-named Susan Shepard).

Source

Bryant, P.G. and Smith, M.A. (1995). Practical data analysis: case studies in business statistics. Chicago: Irwin.

References

Ruppert, D., Wand, M.P. and Carroll, R.J. (2003)
Semiparametric Regression Cambridge University Press.
http://stat.tamu.edu/~carroll/semiregbook/

Examples

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