NAICS 486 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 122 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 122
Total assets: $11.6B
Total participants: 1,513
Median expense ratio: 0.18%
Median employer contribution per active participant: $6,503
Median account balance: $123,059
3-year asset growth (2022–2024): +21.2%

Expense ratio distribution

25th percentile: 0.05%
Median: 0.18%
75th percentile: 0.69%

Where the fees go (average mix)

Admin / Recordkeeping: 9.5%
Investment Management: 29.1%
Audit: 2.5%
Legal: 1.1%

Employer contribution generosity

Median per active participant: $6,503
Plans with $0 employer match: 16 (13.1%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	121	$9.6B	1,679	0.15%	$6,507
2023	124	$11.0B	1,556	0.17%	$6,363
2024	122	$11.6B	1,513	0.18%	$6,503

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 486" includes 122 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/486.