NAICS 483 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 659 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 659
Total assets: $25.5B
Total participants: 277,818
Median expense ratio: 0.25%
Median employer contribution per active participant: $3,862
Median account balance: $96,255
3-year asset growth (2022–2024): -3.2%

Expense ratio distribution

25th percentile: 0.07%
Median: 0.25%
75th percentile: 0.54%

Where the fees go (average mix)

Admin / Recordkeeping: 26.3%
Investment Management: 39.1%
Audit: 15.9%
Legal: 7.5%

Employer contribution generosity

Median per active participant: $3,862
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	725	$26.3B	325,468	0.37%	—
2023	732	$29.2B	343,023	0.32%	—
2024	659	$25.5B	277,818	0.25%	$3,862

Methodology

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