NAICS 452 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 420 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 420
Total assets: $124.3B
Total participants: 5,120
Median expense ratio: 0.37%
Median employer contribution per active participant: $1,104
Median account balance: $31,876
3-year asset growth (2022–2024): +110.1%

Expense ratio distribution

25th percentile: 0.13%
Median: 0.37%
75th percentile: 0.87%

Where the fees go (average mix)

Admin / Recordkeeping: 25.2%
Investment Management: 19.0%
Audit: 1.1%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $1,104
Plans with $0 employer match: 140 (33.3%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	364	$59.2B	4,355	0.41%	$1,132
2023	416	$109.4B	5,265	0.38%	$1,008
2024	420	$124.3B	5,120	0.37%	$1,104

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 452" includes 420 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/452.