Kentucky Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 7,346 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 7,346
Total assets: $86.7B
Total participants: 124,160
Median expense ratio: 0.39%
Median employer contribution per active participant: $2,047
Median account balance: $61,467
3-year asset growth (2022–2024): +39.9%

Expense ratio distribution

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

Where the fees go (average mix)

Admin / Recordkeeping: 25.4%
Investment Management: 19.2%
Audit: 1.6%
Legal: 0.2%

Employer contribution generosity

Median per active participant: $2,047
Plans with $0 employer match: 1,263 (17.2%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	6,549	$61.9B	100,907	0.41%	$2,041
2023	7,201	$78.7B	122,072	0.38%	$2,071
2024	7,346	$86.7B	124,160	0.39%	$2,047

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Kentucky" includes 7,346 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/kentucky.