NAICS 522 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 14,410 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 14,410
Total assets: $420.1B
Total participants: 6,197,570
Median expense ratio: 0.17%
Median employer contribution per active participant: $3,036
Median account balance: $96,582
3-year asset growth (2022–2024): +21.7%

Expense ratio distribution

25th percentile: 0.06%
Median: 0.17%
75th percentile: 0.32%

Where the fees go (average mix)

Admin / Recordkeeping: 44.8%
Investment Management: 44.7%
Audit: 4.7%
Legal: 0.6%

Employer contribution generosity

Median per active participant: $3,036
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	15,496	$345.1B	6,393,478	0.24%	—
2023	15,253	$392.7B	6,345,378	0.18%	—
2024	14,410	$420.1B	6,197,570	0.17%	$3,036

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 522" 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/522.