NAICS 486 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 165 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 165
Total assets: $11.9B
Total participants: 114,011
Median expense ratio: 0.18%
Median employer contribution per active participant: $6,503
Median account balance: $114,097
3-year asset growth (2022–2024): +19.7%

Expense ratio distribution

25th percentile: 0.04%
Median: 0.18%
75th percentile: 0.46%

Where the fees go (average mix)

Admin / Recordkeeping: 15.5%
Investment Management: 45.8%
Audit: 7.7%
Legal: 2.3%

Employer contribution generosity

Median per active participant: $6,503
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	168	$10.0B	84,262	0.19%	—
2023	166	$11.4B	92,985	0.13%	—
2024	165	$11.9B	114,011	0.18%	$6,503

Methodology

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