NAICS 525 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 2,560 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 2,560
Total assets: $307.8B
Total participants: 2,997,322
Median expense ratio: 0.65%
Median employer contribution per active participant: $5,802
Median account balance: $85,652
3-year asset growth (2022–2024): +25.5%

Expense ratio distribution

25th percentile: 0.21%
Median: 0.65%
75th percentile: 3.21%

Where the fees go (average mix)

Admin / Recordkeeping: 36.3%
Investment Management: 33.7%
Audit: 12.0%
Legal: 7.5%

Employer contribution generosity

Median per active participant: $5,802
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	2,783	$245.4B	3,325,536	0.96%	—
2023	2,815	$294.3B	3,488,948	0.85%	—
2024	2,560	$307.8B	2,997,322	0.65%	$5,802

Methodology

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