South Carolina Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 9,786 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 9,786
Total assets: $70.9B
Total participants: 1,211,671
Median expense ratio: 0.25%
Median employer contribution per active participant: $2,118
Median account balance: $49,786
3-year asset growth (2022–2024): +16.5%

Expense ratio distribution

25th percentile: 0.09%
Median: 0.25%
75th percentile: 0.50%

Where the fees go (average mix)

Admin / Recordkeeping: 43.7%
Investment Management: 47.3%
Audit: 6.4%
Legal: 0.0%

Employer contribution generosity

Median per active participant: $2,118
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	9,262	$60.8B	1,208,883	0.42%	—
2023	9,644	$69.6B	1,245,547	0.25%	—
2024	9,786	$70.9B	1,211,671	0.25%	$2,118

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "South Carolina" 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/south-carolina.