Indiana Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 12,997 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 12,997
Total assets: $168.4B
Total participants: 223,358
Median expense ratio: 0.39%
Median employer contribution per active participant: $2,046
Median account balance: $59,398
3-year asset growth (2022–2024): +35.7%

Expense ratio distribution

25th percentile: 0.14%
Median: 0.39%
75th percentile: 0.93%

Where the fees go (average mix)

Admin / Recordkeeping: 26.0%
Investment Management: 23.6%
Audit: 2.2%
Legal: 0.3%

Employer contribution generosity

Median per active participant: $2,046
Plans with $0 employer match: 2,314 (17.8%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	11,647	$124.1B	180,498	0.43%	$2,026
2023	12,750	$153.3B	213,188	0.39%	$2,020
2024	12,997	$168.4B	223,358	0.39%	$2,046

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Indiana" includes 12,997 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/indiana.