NAICS 812 Retirement Plan Benchmarks

Industry benchmarks aggregated by NAICS classification. Sourced from 28,746 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 28,746
Total assets: $43.9B
Total participants: 1,408,570
Median expense ratio: 0.31%
Median employer contribution per active participant: $1,496
Median account balance: $19,781
3-year asset growth (2022–2024): +19.4%

Expense ratio distribution

25th percentile: 0.13%
Median: 0.31%
75th percentile: 0.62%

Where the fees go (average mix)

Admin / Recordkeeping: 46.9%
Investment Management: 44.4%
Audit: 4.3%
Legal: 1.3%

Employer contribution generosity

Median per active participant: $1,496
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	25,027	$36.7B	1,295,160	0.52%	—
2023	25,735	$42.6B	1,357,447	0.31%	—
2024	28,746	$43.9B	1,408,570	0.31%	$1,496

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "NAICS 812" is served from the accepted-generation projection 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.