NAICS 484 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 7,999 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 7,999
Total assets: $241.2B
Total participants: 153,366
Median expense ratio: 0.52%
Median employer contribution per active participant: $1,299
Median account balance: $33,043
3-year asset growth (2022–2024): +24.2%

Expense ratio distribution

25th percentile: 0.25%
Median: 0.52%
75th percentile: 1.02%

Where the fees go (average mix)

Admin / Recordkeeping: 25.5%
Investment Management: 22.6%
Audit: 2.5%
Legal: 0.6%

Employer contribution generosity

Median per active participant: $1,299
Plans with $0 employer match: 1,954 (24.4%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	7,166	$194.2B	107,523	0.58%	$1,247
2023	8,108	$229.5B	149,725	0.49%	$1,232
2024	7,999	$241.2B	153,366	0.52%	$1,299

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 484" includes 7,999 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/484.