NAICS 812 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 35,701 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 35,701
Total assets: $46.1B
Total participants: 366,836
Median expense ratio: 0.53%
Median employer contribution per active participant: $1,227
Median account balance: $14,758
3-year asset growth (2022–2024): +42.2%

Expense ratio distribution

25th percentile: 0.12%
Median: 0.53%
75th percentile: 1.86%

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: $1,227
Plans with $0 employer match: 13,583 (38.0%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	24,312	$32.4B	245,444	0.56%	$1,489
2023	27,350	$41.1B	294,507	0.44%	$1,426
2024	35,701	$46.1B	366,836	0.53%	$1,227

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 812" includes 35,701 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.