NAICS 519 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 2,826 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 2,826
Total assets: $110.8B
Total participants: 37,970
Median expense ratio: 0.22%
Median employer contribution per active participant: $2,926
Median account balance: $50,200
3-year asset growth (2022–2024): +59.0%

Expense ratio distribution

25th percentile: 0.08%
Median: 0.22%
75th percentile: 0.54%

Where the fees go (average mix)

Admin / Recordkeeping: 21.1%
Investment Management: 22.3%
Audit: 1.5%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $2,926
Plans with $0 employer match: 821 (29.1%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	2,223	$69.7B	33,205	0.26%	$3,152
2023	2,466	$91.6B	35,191	0.21%	$3,121
2024	2,826	$110.8B	37,970	0.22%	$2,926

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 519" includes 2,826 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/519.