Custom DC Plan Benchmark Analysis for Retail Trade

This technical report presents a comprehensive analysis of custom defined contribution (DC) plan benchmarks specifically for the retail trade sector, based on data sourced from Vanguard as of December 31, 2024. The report categorizes DC plans by participant size, detailing the number of plans, participant counts, and asset amounts for groups with fewer than 1,000 participants and those with 1,000 or more participants. It outlines average and median participant balances, as well as the average and median assets held within these plans. Additionally, the report examines the variety of investment options available to participants, including the percentage of plans offering various fund types and the corresponding usage rates among participants. The findings also cover automatic enrollment options, participation rates, deferral rates, and employer contribution types, providing a detailed overview of the retirement savings landscape within the retail trade industry.