NAICS 483 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 566 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 566
Total assets: $28.0B
Total participants: 9,627
Median expense ratio: 0.31%
Median employer contribution per active participant: $3,626
Median account balance: $110,751
3-year asset growth (2022–2024): +52.3%

Expense ratio distribution

25th percentile: 0.09%
Median: 0.31%
75th percentile: 0.85%

Where the fees go (average mix)

Admin / Recordkeeping: 18.7%
Investment Management: 27.4%
Audit: 10.7%
Legal: 1.4%

Employer contribution generosity

Median per active participant: $3,626
Plans with $0 employer match: 100 (17.7%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	520	$18.4B	8,138	0.34%	$3,170
2023	564	$25.5B	9,456	0.31%	$3,324
2024	566	$28.0B	9,627	0.31%	$3,626

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 483" includes 566 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/483.