Supplemental Tables

1

Table 1.--Input Data

Description	Small pension	Large pension	Customized welfare	Other welfare
Share of participants entering plan in the last year	0.07	0.07	0.07	0.07
Total number of pension plans or distinct group health products	594,939.00	86,216.00	4,940.00	10,000.00
Active participants	11,535,484.00	80,419,720.00	0.00	61,199,000.00
Retired or separated participants receiving benefits	39,303.00	12,816,895.00	0.00	8,385,000.00
Participants whose benefits were distributed in a single lump sum during year	9,927.00	1,347,809.00	0.00	0.00
Retired or separated participants entitled to future benefits	316,065.00	26,503,848.00	0.00	0.00
Deceased parts whose beneficiaries are receiving or entitled to benefits	7,204.00	2,338,647.00	0.00	0.00
Share of all plans with effective dates in the last 12 months	0.05	0.01	0.02	0.02
Number of hours required to create a new SPD	10.00	10.00	10.00	10.00
Number of hours required to update an existing SPD	4.00	4.00	4.00	4.00
Total labor cost per hour for lawyer to update an SPD	133.61	133.61	133.61	133.61
Cost of printing an SPD	1.75	1.75	4.00	4.00
Cost of mailing an SPD	1.99	1.99	3.46	3.46
Share of plans amended in a one-year period	0.18	0.37	0.36	0.20
Share of plans amended in a five-year period	0.66	0.89	0.65	0.40
Share of plans amended in a ten-year period	0.74	0.92	0.78	0.48

Label	Value
Share of participants with access to computers at work	0.33
Additional share of participants with access at home, without access at work	0.33
Share of plans that would seek consent to send disclosures to participants with access to computers at work	0.80
Share of plans that would seek consent to send disclosures to participants with access to computers at home only	0.60
Share of participants with access at home only who would consent	0.75
Share of plans using service providers	0.95
Share of plans preparing SPDs in house	0.05
Share of large plans using service providers to update SPD and to prepare SMM	0.75
Share of small plans using service providers to update SPD and to prepare SMM	1.00
Minute per part to distribute SPDs	0.50
Minute per part to distribute SMMs	0.50
Share of all distributions of paper documents done by mail	0.48
Average hours to prepare an SMM	3.00
Cost per participant to distribute SMMs	0.20
Cost per participant to mail SMMs	0.46
Share of participants entering plan in the last year	0.07
Share of participants requesting SPDs in an SMM year	0.20
Share of participants requesting SPDs in non-SMM years	0.05
Total labor cost per hour for secretaries	55.21
Average number of years that separated vesting participants remain in that status	20.00
Average number of years that retirees remain in that status	20.00
Average number of years that beneficiaries remain in that status	20.00
Share of health plan retirees in retiree only health plans	0.15

Burden Type	Small pension	Large pension	Welfare	All
Total Cost Burden (Thousands of dollars)	121,985	117,176	69,193	308,355
` Preparation	114,220	19,054	2,344	135,619
` SPDs	80,468	9,213	1,101	90,783
` SMMs	33,752	9,841	1,243	44,835
` Distribution	7,765	98,122	66,849	172,736
` SPDs	6,808	78,366	60,236	145,410
` SMMs	957	19,756	6,613	27,326
Total Hour Burden (Thousands)	56	164	59	279
` Preparation	45	8	1	53
` SPDs	32	4	*/	36
` SMMs	13	4	*/	18
` Distribution	11	157	58	226
` SPDs	7	81	33	120
` SMMs	4	76	25	105
Dollar Equivalent of Hour Burden (Thousands of dollars)	6,602	9,653	3,343	19,598

Type of Plan	SPDs for New Plans	SPDs for Amended Plans	Total SPDs Prepared	SMMs Prepared	Total Documents Prepared	Plans Distributing Unamended SPDs
Small pension	31,759	79,093	110,852	88,636	199,488	14,564
Large pension	1,122	15,342	16,464	25,843	42,307	701
Customized welfare	84	691	775	1,504	2,279	108
Other welfare	160	868	1,028	1,760	2,789	511
	33,125	95,994	129,119	117,744	246,863	15,884

Type of Plan	Participants receiving new SPDs						Participants receiving SMMs	Total responses (SPDs plus SMMs)	Total participants
	From new plans	From existing plans due to				Total
		Preparation of new SPD	Change of status/1	Participant request	Total
Small pension	425	1,611	661	666	2,938	3,363	1,773	5,136	11,898
Large pension	918	21,844	7,200	8,748	37,792	38,710	36,593	75,303	122,079
Welfare	1,531	6,006	3,791	4,451	14,248	15,779	12,248	28,027	69,584
Total	2,874	29,461	11,653	13,864	54,978	57,852	50,614	108,466	203,561

Type of plan	Number of Plans Preparing Documents Each Year/1	Plans Distributing Unamended SPDs Under 10-Year Rule	Plans Distributing to Requestors or Status Changers/2	Plans Obliged only to be Ready to Disclose	Total Number of Plans
Small pension	199	15	234	147	595
Large pension	42	1	43	0	86
Customized welfare	2	*/	3	0	5
Other welfare	635	116	954	572	2,278
	879	132	1,233	719	2,964