NAICS 313 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 278 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 278
Total assets: $2.4B
Total participants: 6,033
Median expense ratio: 0.48%
Median employer contribution per active participant: $1,488
Median account balance: $50,162
3-year asset growth (2022–2024): +19.5%

Expense ratio distribution

25th percentile: 0.22%
Median: 0.48%
75th percentile: 0.92%

Where the fees go (average mix)

Admin / Recordkeeping: 21.5%
Investment Management: 21.0%
Audit: 1.6%
Legal: 0.0%

Employer contribution generosity

Median per active participant: $1,488
Plans with $0 employer match: 63 (22.7%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	260	$2.0B	4,961	0.47%	$1,423
2023	285	$2.3B	5,986	0.43%	$1,532
2024	278	$2.4B	6,033	0.48%	$1,488

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 313" includes 278 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/313.