NAICS 211 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 1,220 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 1,220
Total assets: $54.9B
Total participants: 18,178
Median expense ratio: 0.31%
Median employer contribution per active participant: $4,539
Median account balance: $136,294
3-year asset growth (2022–2024): +19.9%

Expense ratio distribution

25th percentile: 0.07%
Median: 0.31%
75th percentile: 1.36%

Where the fees go (average mix)

Admin / Recordkeeping: 15.1%
Investment Management: 23.4%
Audit: 4.7%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $4,539
Plans with $0 employer match: 213 (17.5%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	1,194	$45.8B	16,912	0.33%	$4,355
2023	1,232	$51.7B	18,810	0.30%	$4,392
2024	1,220	$54.9B	18,178	0.31%	$4,539

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 211" includes 1,220 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/211.