NAICS 525 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 1,990 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 1,990
Total assets: $141.8B
Total participants: 22,875
Median expense ratio: 0.61%
Median employer contribution per active participant: $5,000
Median account balance: $105,151
3-year asset growth (2022–2024): +106.0%

Expense ratio distribution

25th percentile: 0.25%
Median: 0.61%
75th percentile: 1.89%

Where the fees go (average mix)

Admin / Recordkeeping: 19.0%
Investment Management: 22.2%
Audit: 3.3%
Legal: 3.0%

Employer contribution generosity

Median per active participant: $5,000
Plans with $0 employer match: 503 (25.3%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	1,695	$68.8B	20,173	0.60%	$4,731
2023	1,939	$128.1B	22,403	0.64%	$4,789
2024	1,990	$141.8B	22,875	0.61%	$5,000

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 525" includes 1,990 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/525.