Kentucky Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 10,884 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 10,884
Total assets: $83.2B
Total participants: 1,774,530
Median expense ratio: 0.23%
Median employer contribution per active participant: $3,408
Median account balance: $25,191
3-year asset growth (2022–2024): +19.3%

Expense ratio distribution

25th percentile: 0.07%
Median: 0.23%
75th percentile: 0.51%

Where the fees go (average mix)

Admin / Recordkeeping: 40.2%
Investment Management: 48.7%
Audit: 5.2%
Legal: 1.0%

Employer contribution generosity

Median per active participant: $3,408
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	10,680	$69.7B	1,790,296	0.36%	—
2023	11,197	$80.7B	1,791,249	0.23%	—
2024	10,884	$83.2B	1,774,530	0.23%	$3,408

Methodology

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