Iowa Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 9,711 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 9,711
Total assets: $261.6B
Total participants: 1,388,575
Median expense ratio: 0.35%
Median employer contribution per active participant: $2,344
Median account balance: $82,802
3-year asset growth (2022–2024): +24.2%

Expense ratio distribution

25th percentile: 0.17%
Median: 0.35%
75th percentile: 0.62%

Where the fees go (average mix)

Admin / Recordkeeping: 27.1%
Investment Management: 67.0%
Audit: 2.6%
Legal: 0.5%

Employer contribution generosity

Median per active participant: $2,344
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	9,710	$210.6B	1,289,812	0.44%	—
2023	9,869	$246.2B	1,374,204	0.35%	—
2024	9,711	$261.6B	1,388,575	0.35%	$2,344

Methodology

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