NAICS 315 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 1,390 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 1,390
Total assets: $11.8B
Total participants: 25,914
Median expense ratio: 0.39%
Median employer contribution per active participant: $1,739
Median account balance: $55,078
3-year asset growth (2022–2024): +32.9%

Expense ratio distribution

25th percentile: 0.20%
Median: 0.39%
75th percentile: 0.90%

Where the fees go (average mix)

Admin / Recordkeeping: 24.1%
Investment Management: 20.6%
Audit: 2.2%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $1,739
Plans with $0 employer match: 410 (29.5%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	1,343	$8.8B	22,887	0.49%	$1,731
2023	1,416	$11.0B	25,830	0.41%	$1,826
2024	1,390	$11.8B	25,914	0.39%	$1,739

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 315" includes 1,390 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/315.