NAICS 519 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 2,704 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 2,704
Total assets: $111.4B
Total participants: 710,348
Median expense ratio: 0.12%
Median employer contribution per active participant: $3,184
Median account balance: $69,525
3-year asset growth (2022–2024): +58.2%

Expense ratio distribution

25th percentile: 0.03%
Median: 0.12%
75th percentile: 0.28%

Where the fees go (average mix)

Admin / Recordkeeping: 33.6%
Investment Management: 59.2%
Audit: 4.3%
Legal: 0.4%

Employer contribution generosity

Median per active participant: $3,184
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	2,594	$70.4B	750,376	0.18%	—
2023	2,588	$92.1B	736,799	0.08%	—
2024	2,704	$111.4B	710,348	0.12%	$3,184

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 519" 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/519.