NAICS 325 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 5,476 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 5,476
Total assets: $547.4B
Total participants: 3,848,589
Median expense ratio: 0.15%
Median employer contribution per active participant: $3,336
Median account balance: $85,841
3-year asset growth (2022–2024): +14.6%

Expense ratio distribution

25th percentile: 0.04%
Median: 0.15%
75th percentile: 0.35%

Where the fees go (average mix)

Admin / Recordkeeping: 25.2%
Investment Management: 58.7%
Audit: 6.5%
Legal: 1.1%

Employer contribution generosity

Median per active participant: $3,336
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	5,751	$477.6B	4,049,680	0.22%	—
2023	5,775	$525.2B	3,971,860	0.16%	—
2024	5,476	$547.4B	3,848,589	0.15%	$3,336

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 325" 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/325.