Arizona Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 16,204 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 16,204
Total assets: $115.2B
Total participants: 3,080,655
Median expense ratio: 0.30%
Median employer contribution per active participant: $2,125
Median account balance: $43,141
3-year asset growth (2022–2024): +28.5%

Expense ratio distribution

25th percentile: 0.09%
Median: 0.30%
75th percentile: 0.58%

Where the fees go (average mix)

Admin / Recordkeeping: 44.2%
Investment Management: 47.5%
Audit: 3.6%
Legal: 0.6%

Employer contribution generosity

Median per active participant: $2,125
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	15,420	$89.6B	3,020,534	0.48%	—
2023	16,022	$115.9B	3,207,630	0.30%	—
2024	16,204	$115.2B	3,080,655	0.30%	$2,125

Methodology

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