NAICS 533 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 188 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 188
Total assets: $31.7B
Total participants: 3,027
Median expense ratio: 0.34%
Median employer contribution per active participant: $2,632
Median account balance: $63,136
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: $2,632
Plans with $0 employer match: 36 (19.1%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	168	$32.4B	2,834	0.40%	$2,410
2023	182	$33.5B	3,005	0.34%	$2,639
2024	188	$31.7B	3,027	0.34%	$2,632

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 533" includes 188 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.