Connecticut Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 14,317 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 14,317
Total assets: $342.0B
Total participants: 204,475
Median expense ratio: 0.31%
Median employer contribution per active participant: $2,797
Median account balance: $78,458
3-year asset growth (2022–2024): +35.3%

Expense ratio distribution

25th percentile: 0.09%
Median: 0.31%
75th percentile: 0.88%

Where the fees go (average mix)

Admin / Recordkeeping: 22.4%
Investment Management: 17.1%
Audit: 2.4%
Legal: 0.3%

Employer contribution generosity

Median per active participant: $2,797
Plans with $0 employer match: 3,552 (24.8%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	12,346	$252.8B	164,295	0.33%	$2,901
2023	14,094	$319.9B	198,052	0.30%	$2,823
2024	14,317	$342.0B	204,475	0.31%	$2,797

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Connecticut" includes 14,317 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/connecticut.