Rhode Island Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 3,731 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 3,731
Total assets: $116.4B
Total participants: 1,796,119
Median expense ratio: 0.18%
Median employer contribution per active participant: $2,448
Median account balance: $73,206
3-year asset growth (2022–2024): +16.1%

Expense ratio distribution

25th percentile: 0.05%
Median: 0.18%
75th percentile: 0.37%

Where the fees go (average mix)

Admin / Recordkeeping: 39.4%
Investment Management: 47.4%
Audit: 7.3%
Legal: 1.8%

Employer contribution generosity

Median per active participant: $2,448
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	3,716	$100.3B	1,750,588	0.28%	—
2023	3,760	$110.4B	1,740,202	0.18%	—
2024	3,731	$116.4B	1,796,119	0.18%	$2,448

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Rhode Island" 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/rhode-island.