NAICS 482 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 186 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 186
Total assets: $29.4B
Total participants: 3,460
Median expense ratio: 0.21%
Median employer contribution per active participant: $2,206
Median account balance: $68,606
3-year asset growth (2022–2024): +20.1%

Expense ratio distribution

25th percentile: 0.09%
Median: 0.21%
75th percentile: 0.56%

Where the fees go (average mix)

Admin / Recordkeeping: 23.2%
Investment Management: 14.5%
Audit: 0.8%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $2,206
Plans with $0 employer match: 46 (24.7%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	181	$24.5B	2,696	0.28%	$2,029
2023	184	$27.6B	3,073	0.23%	$2,069
2024	186	$29.4B	3,460	0.21%	$2,206

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 482" includes 186 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/482.