Connecticut Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 14,287 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 14,287
Total assets: $497.5B
Total participants: 3,789,717
Median expense ratio: 0.15%
Median employer contribution per active participant: $2,839
Median account balance: $83,728
3-year asset growth (2022–2024): -6.6%

Expense ratio distribution

25th percentile: 0.04%
Median: 0.15%
75th percentile: 0.38%

Where the fees go (average mix)

Admin / Recordkeeping: 34.7%
Investment Management: 48.0%
Audit: 9.1%
Legal: 1.1%

Employer contribution generosity

Median per active participant: $2,839
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	14,080	$532.7B	3,909,205	0.23%	—
2023	14,613	$517.5B	3,992,587	0.17%	—
2024	14,287	$497.5B	3,789,717	0.15%	$2,839

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Connecticut" 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/connecticut.