Arizona Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 16,421 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 16,421
Total assets: $109.7B
Total participants: 221,689
Median expense ratio: 0.52%
Median employer contribution per active participant: $2,072
Median account balance: $44,560
3-year asset growth (2022–2024): +38.2%

Expense ratio distribution

25th percentile: 0.16%
Median: 0.52%
75th percentile: 1.33%

Where the fees go (average mix)

Admin / Recordkeeping: 26.7%
Investment Management: 14.7%
Audit: 1.0%
Legal: 0.2%

Employer contribution generosity

Median per active participant: $2,072
Plans with $0 employer match: 3,965 (24.1%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	14,511	$79.4B	172,208	0.60%	$2,064
2023	15,895	$97.9B	208,312	0.50%	$2,042
2024	16,421	$109.7B	221,689	0.52%	$2,072

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Arizona" includes 16,421 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/state/arizona.