NAICS 335 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 3,410 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 3,410
Total assets: $179.9B
Total participants: 65,006
Median expense ratio: 0.35%
Median employer contribution per active participant: $2,379
Median account balance: $78,052
3-year asset growth (2022–2024): -1.3%

Expense ratio distribution

25th percentile: 0.11%
Median: 0.35%
75th percentile: 1.02%

Where the fees go (average mix)

Admin / Recordkeeping: 21.0%
Investment Management: 19.1%
Audit: 2.0%
Legal: 0.2%

Employer contribution generosity

Median per active participant: $2,379
Plans with $0 employer match: 713 (20.9%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	3,148	$182.3B	55,346	0.39%	$2,227
2023	3,472	$168.2B	64,954	0.33%	$2,318
2024	3,410	$179.9B	65,006	0.35%	$2,379

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 335" includes 3,410 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/335.