NAICS 441 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 11,066 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 11,066
Total assets: $72.9B
Total participants: 243,604
Median expense ratio: 0.45%
Median employer contribution per active participant: $1,256
Median account balance: $55,262
3-year asset growth (2022–2024): +32.3%

Expense ratio distribution

25th percentile: 0.23%
Median: 0.45%
75th percentile: 0.75%

Where the fees go (average mix)

Admin / Recordkeeping: 28.7%
Investment Management: 21.4%
Audit: 2.0%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $1,256
Plans with $0 employer match: 2,628 (23.7%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	10,703	$55.1B	206,704	0.48%	$1,250
2023	11,295	$65.4B	246,613	0.43%	$1,258
2024	11,066	$72.9B	243,604	0.45%	$1,256

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 441" includes 11,066 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/441.