NAICS 325 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 4,501 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 4,501
Total assets: $533.2B
Total participants: 75,646
Median expense ratio: 0.25%
Median employer contribution per active participant: $3,220
Median account balance: $85,568
3-year asset growth (2022–2024): +28.0%

Expense ratio distribution

25th percentile: 0.08%
Median: 0.25%
75th percentile: 0.67%

Where the fees go (average mix)

Admin / Recordkeeping: 16.2%
Investment Management: 28.5%
Audit: 2.2%
Legal: 0.3%

Employer contribution generosity

Median per active participant: $3,220
Plans with $0 employer match: 965 (21.4%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	4,225	$416.5B	68,267	0.30%	$3,028
2023	4,544	$503.0B	78,113	0.25%	$3,159
2024	4,501	$533.2B	75,646	0.25%	$3,220

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 325" includes 4,501 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/325.