NAICS 213 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 1,089 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 1,089
Total assets: $12.4B
Total participants: 172,327
Median expense ratio: 0.30%
Median employer contribution per active participant: $2,662
Median account balance: $49,133
3-year asset growth (2022–2024): +22.9%

Expense ratio distribution

25th percentile: 0.10%
Median: 0.30%
75th percentile: 0.50%

Where the fees go (average mix)

Admin / Recordkeeping: 39.0%
Investment Management: 49.5%
Audit: 3.2%
Legal: 1.4%

Employer contribution generosity

Median per active participant: $2,662
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	1,094	$10.1B	191,148	0.41%	—
2023	1,126	$11.7B	196,031	0.27%	—
2024	1,089	$12.4B	172,327	0.30%	$2,662

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 213" 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/213.