Iowa Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 7,028 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 7,028
Total assets: $84.1B
Total participants: 125,135
Median expense ratio: 0.35%
Median employer contribution per active participant: $2,301
Median account balance: $79,538
3-year asset growth (2022–2024): +45.2%

Expense ratio distribution

25th percentile: 0.17%
Median: 0.35%
75th percentile: 0.76%

Where the fees go (average mix)

Admin / Recordkeeping: 33.3%
Investment Management: 16.8%
Audit: 1.6%
Legal: 0.3%

Employer contribution generosity

Median per active participant: $2,301
Plans with $0 employer match: 918 (13.1%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	6,126	$57.9B	102,375	0.41%	$2,145
2023	6,975	$76.1B	124,719	0.34%	$2,261
2024	7,028	$84.1B	125,135	0.35%	$2,301

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Iowa" includes 7,028 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/iowa.