NAICS 533 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 189 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 189
Total assets: $31.7B
Total participants: 3,036
Median expense ratio: 0.34%
Median employer contribution per active participant: $2,598
Median account balance: $61,828
3-year asset growth (2022–2024): -2.3%

Expense ratio distribution

25th percentile: 0.17%
Median: 0.34%
75th percentile: 0.96%

Where the fees go (average mix)

Admin / Recordkeeping: 17.4%
Investment Management: 17.7%
Audit: 0.4%
Legal: 0.0%

Employer contribution generosity

Median per active participant: $2,598
Plans with $0 employer match: 36 (19.0%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	169	$32.4B	2,840	0.40%	$2,406
2023	183	$33.5B	3,010	0.34%	$2,628
2024	189	$31.7B	3,036	0.34%	$2,598

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 533" includes 189 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/533.