NAICS 315 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 1,518 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 1,518
Total assets: $11.6B
Total participants: 277,130
Median expense ratio: 0.28%
Median employer contribution per active participant: $1,807
Median account balance: $49,213
3-year asset growth (2022–2024): +17.2%

Expense ratio distribution

25th percentile: 0.12%
Median: 0.28%
75th percentile: 0.53%

Where the fees go (average mix)

Admin / Recordkeeping: 38.4%
Investment Management: 50.4%
Audit: 7.2%
Legal: 0.5%

Employer contribution generosity

Median per active participant: $1,807
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	1,599	$9.9B	317,007	0.38%	—
2023	1,600	$11.2B	320,487	0.27%	—
2024	1,518	$11.6B	277,130	0.28%	$1,807

Methodology

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