NAICS 482 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 294 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 294
Total assets: $30.4B
Total participants: 776,546
Median expense ratio: 0.13%
Median employer contribution per active participant: $2,302
Median account balance: $67,054
3-year asset growth (2022–2024): +43.4%

Expense ratio distribution

25th percentile: 0.05%
Median: 0.13%
75th percentile: 0.59%

Where the fees go (average mix)

Admin / Recordkeeping: 46.0%
Investment Management: 40.4%
Audit: 4.3%
Legal: 0.4%

Employer contribution generosity

Median per active participant: $2,302
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	302	$21.2B	765,722	0.28%	—
2023	290	$23.8B	781,287	0.15%	—
2024	294	$30.4B	776,546	0.13%	$2,302

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 482" is served from the accepted-generation projection 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.