NAICS 113 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 493 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 493
Total assets: $2.1B
Total participants: 8,251
Median expense ratio: 0.47%
Median employer contribution per active participant: $1,803
Median account balance: $62,599
3-year asset growth (2022–2024): +29.8%

Expense ratio distribution

25th percentile: 0.19%
Median: 0.47%
75th percentile: 1.43%

Where the fees go (average mix)

Admin / Recordkeeping: 20.2%
Investment Management: 16.4%
Audit: 1.0%
Legal: 0.7%

Employer contribution generosity

Median per active participant: $1,803
Plans with $0 employer match: 98 (19.9%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	444	$1.6B	6,912	0.64%	$1,899
2023	499	$2.0B	8,369	0.54%	$1,790
2024	493	$2.1B	8,251	0.47%	$1,803

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 113" includes 493 plans for plan year 2024. Medians use percentile_cont over reported values; zero/null values are excluded from rate-style metrics.

Citation: PlanProvider.Pro, Form 5500 Benchmarks 2024. Free for editorial use with attribution + link to https://planprovider.pro/benchmarks/industry/113.