Peer benchmarks

Reported administrative expense ratios across plans of similar size, plan year 2025. Compare your employer's figure against the median for its bracket.

Admin expense ratio by plan size

Under $1M · 55 plans

p25 0.64%median 1.39%p75 2.54%

$1M–$10M · 809 plans

p25 0.24%median 0.56%p75 0.87%

$10M–$50M · 1,620 plans

p25 0.13%median 0.28%p75 0.43%

$50M–$250M · 605 plans

p25 0.06%median 0.12%p75 0.20%

$250M–$1B · 230 plans

p25 0.05%median 0.07%p75 0.11%

Over $1B · 141 plans

p25 0.03%median 0.04%p75 0.07%

What do these fees cost you? Look up your employer's plan

Computed from Schedule H administrative expenses over average net assets, across all large-plan filings in our database. Methodology: how these figures are calculated.