NAICS 811 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 12,949 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 12,949
Total assets: $27.6B
Total participants: 158,999
Median expense ratio: 0.42%
Median employer contribution per active participant: $1,752
Median account balance: $40,555
3-year asset growth (2022–2024): +45.8%

Expense ratio distribution

25th percentile: 0.12%
Median: 0.42%
75th percentile: 1.36%

Where the fees go (average mix)

Admin / Recordkeeping: 21.9%
Investment Management: 11.8%
Audit: 0.7%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $1,752
Plans with $0 employer match: 3,368 (26.0%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	11,209	$18.9B	126,670	0.48%	$1,613
2023	12,617	$24.1B	151,691	0.41%	$1,662
2024	12,949	$27.6B	158,999	0.42%	$1,752

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 811" includes 12,949 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/811.