NAICS 812 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 35,724 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 35,724
Total assets: $46.1B
Total participants: 367,250
Median expense ratio: 0.53%
Median employer contribution per active participant: $1,228
Median account balance: $14,762
3-year asset growth (2022–2024): +42.3%

Expense ratio distribution

25th percentile: 0.12%
Median: 0.53%
75th percentile: 1.85%

Where the fees go (average mix)

Admin / Recordkeeping: 27.9%
Investment Management: 9.4%
Audit: 0.7%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $1,228
Plans with $0 employer match: 13,594 (38.1%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	24,330	$32.4B	245,619	0.56%	$1,489
2023	27,378	$41.1B	294,908	0.44%	$1,426
2024	35,724	$46.1B	367,250	0.53%	$1,228

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 812" includes 35,724 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/812.