Pennsylvania Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 34,275 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 34,275
Total assets: $663.6B
Total participants: 565,428
Median expense ratio: 0.37%
Median employer contribution per active participant: $2,322
Median account balance: $69,411
3-year asset growth (2022–2024): +34.0%

Expense ratio distribution

25th percentile: 0.12%
Median: 0.37%
75th percentile: 0.89%

Where the fees go (average mix)

Admin / Recordkeeping: 26.3%
Investment Management: 20.1%
Audit: 2.3%
Legal: 0.4%

Employer contribution generosity

Median per active participant: $2,322
Plans with $0 employer match: 6,961 (20.3%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	31,117	$495.3B	476,532	0.43%	$2,273
2023	34,050	$610.6B	554,266	0.37%	$2,308
2024	34,275	$663.6B	565,428	0.37%	$2,322

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Pennsylvania" includes 34,275 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/pennsylvania.