NAICS 211 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 1,444 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 1,444
Total assets: $60.2B
Total participants: 453,223
Median expense ratio: 0.08%
Median employer contribution per active participant: $4,589
Median account balance: $151,272
3-year asset growth (2022–2024): +18.9%

Expense ratio distribution

25th percentile: 0.03%
Median: 0.08%
75th percentile: 0.28%

Where the fees go (average mix)

Admin / Recordkeeping: 23.5%
Investment Management: 60.4%
Audit: 5.8%
Legal: 0.7%

Employer contribution generosity

Median per active participant: $4,589
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	1,568	$50.7B	475,936	0.13%	—
2023	1,519	$57.0B	502,214	0.08%	—
2024	1,444	$60.2B	453,223	0.08%	$4,589

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 211" is served from the accepted-generation projection 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.