South Carolina Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 9,794 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 9,794
Total assets: $68.8B
Total participants: 139,670
Median expense ratio: 0.41%
Median employer contribution per active participant: $2,040
Median account balance: $50,215
3-year asset growth (2022–2024): +36.5%

Expense ratio distribution

25th percentile: 0.13%
Median: 0.41%
75th percentile: 1.04%

Where the fees go (average mix)

Admin / Recordkeeping: 27.3%
Investment Management: 16.3%
Audit: 1.7%
Legal: 0.1%

Employer contribution generosity

Median per active participant: $2,040
Plans with $0 employer match: 1,948 (19.9%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	8,485	$50.4B	113,474	0.47%	$2,037
2023	9,355	$63.1B	132,816	0.40%	$2,064
2024	9,794	$68.8B	139,670	0.41%	$2,040

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "South Carolina" includes 9,794 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/south-carolina.