Montana Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 3,019 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 3,019
Total assets: $13.1B
Total participants: 229,899
Median expense ratio: 0.25%
Median employer contribution per active participant: $2,455
Median account balance: $64,759
3-year asset growth (2022–2024): +12.5%

Expense ratio distribution

25th percentile: 0.08%
Median: 0.25%
75th percentile: 0.51%

Where the fees go (average mix)

Admin / Recordkeeping: 44.2%
Investment Management: 48.3%
Audit: 2.5%
Legal: 1.9%

Employer contribution generosity

Median per active participant: $2,455
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	2,851	$11.7B	238,613	0.36%	—
2023	2,961	$13.3B	251,052	0.24%	—
2024	3,019	$13.1B	229,899	0.25%	$2,455

Methodology

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