Indiana Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 13,787 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 13,787
Total assets: $221.3B
Total participants: 2,767,384
Median expense ratio: 0.24%
Median employer contribution per active participant: $2,105
Median account balance: $57,728
3-year asset growth (2022–2024): +27.0%

Expense ratio distribution

25th percentile: 0.07%
Median: 0.24%
75th percentile: 0.47%

Where the fees go (average mix)

Admin / Recordkeeping: 38.6%
Investment Management: 48.3%
Audit: 6.1%
Legal: 1.1%

Employer contribution generosity

Median per active participant: $2,105
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	15,106	$174.3B	2,954,704	0.37%	—
2023	15,221	$196.9B	2,838,192	0.24%	—
2024	13,787	$221.3B	2,767,384	0.24%	$2,105

Methodology

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