Ranking of CY 2024 401(k) Industry Groups
by their Average Account Balance

Ranks the 272 industry groups (first four digits from the six-digit NAICS business code, Line 2d in Form 5500) of 401(k) plans by their average account balance, i.e., total assets (Line 1f of Schedule H) divided by total participants (Line 6f of Form 5500).  Each plan's contribution is weighted by its total participants.  Covers 52,185 401(k) plans that filed a Schedule H, whose plan year is 2024, had at least 1 participant, and had at least $1 in total assets.  Uses DOL EBSA data release of 12/25/2025.

 

   Industry Group | Number of 401(k) Plans | Average Account Balance

​1. Petroleum and Coal Products Manufacturing | #plans=128 | avg=$336,956
2. Securities and Commodity Exchanges | #plans=9 | avg=$303,708
3. Legal Services | #plans=1,125 | avg=$279,944
4. Pharmaceutical and Medicine Manufacturing | #plans=314 | avg=$257,944
5. Tobacco Manufacturing | #plans=25 | avg=$253,870
6. Electric Power Generation, Transmission and Distribution | #plans=226 | avg=$243,652
7. Aerospace Product and Parts Manufacturing | #plans=174 | avg=$242,720
8. Pipeline Transportation | #plans=27 | avg=$227,936
9. Communications Equipment Manufacturing | #plans=82 | avg=$225,202
10. Securities and Commodity Contracts Intermediation and Brokerage | #plans=191 | avg=$219,297
11. Semiconductor and Other Electronic Component Manufacturing | #plans=212 | avg=$218,093
12. Basic Chemical Manufacturing | #plans=133 | avg=$217,363
13. Sound Recording Industries | #plans=9 | avg=$211,453
14. Software Publishers | #plans=438 | avg=$209,739
15. Other Financial Investment Activities | #plans=561 | avg=$209,456
16. Other Investment Pools and Funds | #plans=80 | avg=$208,246
17. Computer and Peripheral Equipment Manufacturing | #plans=125 | avg=$193,831
18. Other Information Services | #plans=275 | avg=$183,635
19. Other Chemical Product and Preparation Manufacturing | #plans=161 | avg=$182,894
20. Oil and Gas Extraction | #plans=184 | avg=$181,451
21. Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | #plans=116 | avg=$169,818
22. Natural Gas Distribution | #plans=66 | avg=$167,626
23. Iron and Steel Mills and Ferroalloy Manufacturing | #plans=77 | avg=$167,062
24. Other Miscellaneous Manufacturing | #plans=841 | avg=$159,457
25. Agriculture, Construction, and Mining Machinery Manufacturing | #plans=136 | avg=$158,651
26. Other Electrical Equipment and Component Manufacturing | #plans=346 | avg=$156,968
27. Insurance Carriers | #plans=435 | avg=$154,662
28. Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing | #plans=69 | avg=$153,624
29. Telecommunications | #plans=309 | avg=$153,359
30. Air Transportation | #plans=172 | avg=$148,616
31. Farm Product Raw Material Merchant Wholesalers | #plans=47 | avg=$147,871
32. Paint, Coating, and Adhesive Manufacturing | #plans=65 | avg=$147,379
33. Timber Tract Operations | #plans=5 | avg=$145,703
34. Management of Companies and Enterprises | #plans=603 | avg=$145,314
35. Manufacturing and Reproducing Magnetic and Optical Media | #plans=16 | avg=$144,088

36. Industrial Machinery Manufacturing | #plans=270 | avg=$144,004
37. Soap, Cleaning Compound, and Toilet Preparation Manufacturing | #plans=81 | avg=$143,427
38. Motor Vehicle Manufacturing | #plans=83 | avg=$142,924
39. Cable and Other Subscription Programming | #plans=29 | avg=$142,055
40. Scientific Research and Development Services | #plans=485 | avg=$140,764
41. Medical Equipment and Supplies Manufacturing | #plans=317 | avg=$139,576
42. Newspaper, Periodical, Book, and Directory Publishers | #plans=255 | avg=$135,222
43. Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing | #plans=49 | avg=$134,312
44. Data Processing, Hosting, and Related Services | #plans=266 | avg=$131,448
45. Depository Credit Intermediation | #plans=1,726 | avg=$129,858
46. Metal Ore Mining | #plans=44 | avg=$127,825
47. Lime and Gypsum Product Manufacturing | #plans=14 | avg=$126,900
48. Computer Systems Design and Related Services | #plans=2,061 | avg=$126,449
49. Architectural, Engineering, and Related Services | #plans=1,471 | avg=$125,852
50. Audio and Video Equipment Manufacturing | #plans=34 | avg=$124,707
51. Grain and Oilseed Milling | #plans=44 | avg=$121,950
52. Paper and Paper Product Merchant Wholesalers | #plans=65 | avg=$121,604
53. Engine, Turbine, and Power Transmission Equipment Manufacturing | #plans=78 | avg=$121,020
54. Direct Selling Establishments | #plans=110 | avg=$118,656
55. Offices of Physicians | #plans=1,727 | avg=$118,058
56. Pulp, Paper, and Paperboard Mills | #plans=82 | avg=$116,484
57. Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers | #plans=194 | avg=$115,640
58. Hardware Manufacturing | #plans=22 | avg=$115,442
59. Electrical Equipment Manufacturing | #plans=77 | avg=$114,338
60. Metalworking Machinery Manufacturing | #plans=74 | avg=$114,050
61. Agencies, Brokerages, and Other Insurance Related Activities | #plans=589 | avg=$112,718
62. Rail Transportation | #plans=46 | avg=$112,373
63. Household Appliances and Electrical and Electronic Goods Merchant Wholesalers | #plans=194 | avg=$112,011
64. Veneer, Plywood, and Engineered Wood Product Manufacturing | #plans=55 | avg=$111,123
65. Management, Scientific, and Technical Consulting Services | #plans=1,024 | avg=$110,699
66. Electric Lighting Equipment Manufacturing | #plans=39 | avg=$109,384
67. Other General Purpose Machinery Manufacturing | #plans=211 | avg=$108,153
68. Radio and Television Broadcasting | #plans=81 | avg=$107,305
69. Activities Related To Credit Intermediation | #plans=84 | avg=$106,811
70. Professional and Commercial Equipment and Supplies Merchant Wholesalers | #plans=113 | avg=$105,631
71. Water Transportation | #plans=87 | avg=$105,584
72. Nondepository Credit Intermediation | #plans=334 | avg=$104,436
73. Household Appliance Manufacturing | #plans=31 | avg=$100,216
74. Travel Arrangement and Reservation Services | #plans=54 | avg=$100,110
75. Other Heavy and Civil Engineering Construction | #plans=203 | avg=$99,116
76. Alumina and Aluminum Production and Processing | #plans=68 | avg=$98,932
77. Metal and Mineral (Except Petroleum) Merchant Wholesalers | #plans=74 | avg=$98,130
78. Rubber Product Manufacturing | #plans=122 | avg=$96,825
79. Nonferrous Metal (Except Aluminum) Production and Processing | #plans=80 | avg=$96,355
80. Cutlery and Handtool Manufacturing | #plans=47 | avg=$93,075
81. Beverage Manufacturing | #plans=197 | avg=$92,928
82. Other Nonmetallic Mineral Product Manufacturing | #plans=54 | avg=$92,670
83. Glass and Glass Product Manufacturing | #plans=72 | avg=$92,358
84. Coal Mining | #plans=58 | avg=$92,159
85. Agents and Managers For Artists, Athletes, Entertainers, and Other Public Figures | #plans=18 | avg=$91,389
86. Nonmetallic Mineral Mining and Quarrying | #plans=94 | avg=$90,655
87. Converted Paper Product Manufacturing | #plans=158 | avg=$89,250
88. Nonresidential Building Construction | #plans=568 | avg=$88,640
89. Motor Vehicle Parts Manufacturing | #plans=372 | avg=$88,458
90. Chemical and Allied Products Merchant Wholesalers | #plans=63 | avg=$88,105
91. Forging and Stamping | #plans=145 | avg=$87,281
92. Support Activities For Mining | #plans=95 | avg=$85,616
93. Dairy Product Manufacturing | #plans=118 | avg=$85,133
94. Water, Sewage and Other Systems | #plans=63 | avg=$85,088
95. Fruit and Vegetable Preserving and Specialty Food Manufacturing | #plans=108 | avg=$84,556
96. Advertising, Public Relations, and Related Services | #plans=352 | avg=$84,246
97. Other Food Manufacturing | #plans=317 | avg=$81,506
98. Foundries | #plans=48 | avg=$81,142
99. Spectator Sports | #plans=166 | avg=$81,021
100. Machinery, Equipment, and Supplies Merchant Wholesalers | #plans=359 | avg=$80,902
101. Printing and Related Support Activities | #plans=310 | avg=$80,459
102. Commercial and Service Industry Machinery Manufacturing | #plans=76 | avg=$80,253
103. Other Fabricated Metal Product Manufacturing | #plans=814 | avg=$80,093
104. Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers | #plans=219 | avg=$79,523
105. Clay Product and Refractory Manufacturing | #plans=31 | avg=$78,524
106. Hardware and Plumbing and Heating Equipment and Supplies Merchant Wholesalers | #plans=188 | avg=$77,455
107. Support Activities For Water Transportation | #plans=41 | avg=$77,425
108. Drugs and Druggists' Sundries Merchant Wholesalers | #plans=69 | avg=$77,307
109. Other Transportation Equipment Manufacturing | #plans=107 | avg=$77,154
110. Ship and Boat Building | #plans=57 | avg=$76,705
111. Residential Building Construction | #plans=273 | avg=$76,692
112. Sugar and Confectionery Product Manufacturing | #plans=86 | avg=$76,464
113. Spring and Wire Product Manufacturing | #plans=45 | avg=$76,374
114. Electronic Shopping and Mail-Order Houses | #plans=178 | avg=$75,996
115. Commercial and Industrial Machinery and Equipment Rental and Leasing | #plans=101 | avg=$75,614
116. Highway, Street, and Bridge Construction | #plans=265 | avg=$75,442
117. Outpatient Care Centers | #plans=468 | avg=$74,003
118. Support Activities For Animal Production | #plans=20 | avg=$73,490
119. Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing | #plans=86 | avg=$73,361
120. Miscellaneous Durable Goods Merchant Wholesalers | #plans=511 | avg=$72,546
121. Logging | #plans=9 | avg=$72,496
122. Railroad Rolling Stock Manufacturing | #plans=15 | avg=$71,729
123. Religious, Grantmaking, Civic, Professional, and Similar Organizations | #plans=770 | avg=$71,115
124. Sawmills and Wood Preservation | #plans=59 | avg=$70,936
125. Footwear Manufacturing | #plans=18 | avg=$70,918
126. Steel Product Manufacturing From Purchased Steel | #plans=146 | avg=$70,431
127. Other Specialty Trade Contractors | #plans=599 | avg=$70,355
128. Building Equipment Contractors | #plans=794 | avg=$70,199
129. Plastics Product Manufacturing | #plans=558 | avg=$69,598
130. Accounting, Tax Preparation, Bookkeeping, and Payroll Services | #plans=479 | avg=$68,953
131. Boiler, Tank, and Shipping Container Manufacturing | #plans=30 | avg=$68,784
132. Miscellaneous Nondurable Goods Merchant Wholesalers | #plans=269 | avg=$68,583
133. Hospitals | #plans=568 | avg=$66,038
134. Motion Picture and Video Industries | #plans=73 | avg=$64,928
135. Furniture and Related Product Manufacturing | #plans=183 | avg=$64,535
136. Lessors of Nonfinancial Intangible Assets (Except Copyrighted Works) | #plans=22 | avg=$64,407
137. Architectural and Structural Metals Manufacturing | #plans=109 | avg=$64,203
138. Medical and Diagnostic Laboratories | #plans=156 | avg=$63,331
139. Waste Management and Remediation Services | #plans=151 | avg=$63,286
140. Offices of Real Estate Agents and Brokers | #plans=110 | avg=$63,094
141. Apparel Accessories and Other Apparel Manufacturing | #plans=82 | avg=$62,680
142. Support Activities For Crop Production | #plans=117 | avg=$62,663
143. Specialized Design Services | #plans=75 | avg=$62,598
144. Apparel, Piece Goods, and Notions Merchant Wholesalers | #plans=97 | avg=$60,814
145. Fishing | #plans=8 | avg=$60,751
146. Leather and Hide Tanning and Finishing | #plans=1 | avg=$59,936
147. Scenic and Sightseeing Transportation | #plans=11 | avg=$59,802
148. Cement and Concrete Product Manufacturing | #plans=137 | avg=$59,651
149. Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing | #plans=160 | avg=$58,352
150. Promoters of Performing Arts, Sports, and Similar Events | #plans=30 | avg=$58,122
151. Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance | #plans=142 | avg=$57,836
152. Utility System Construction | #plans=88 | avg=$57,435
153. Health and Personal Care Stores | #plans=199 | avg=$57,081
154. Grocery and Related Product Merchant Wholesalers | #plans=256 | avg=$56,659
155. Death Care Services | #plans=27 | avg=$55,926
156. Lumber and Other Construction Materials Merchant Wholesalers | #plans=163 | avg=$54,886
157. Petroleum and Petroleum Products Merchant Wholesalers | #plans=143 | avg=$54,634
158. General Rental Centers | #plans=7 | avg=$54,158
159. Specialized Freight Trucking | #plans=127 | avg=$53,932
160. Furniture and Home Furnishing Merchant Wholesalers | #plans=67 | avg=$53,886
161. Seafood Product Preparation and Packaging | #plans=33 | avg=$53,832
162. Activities Related To Real Estate | #plans=905 | avg=$52,460
163. Business, Professional, Labor, Political, and Similar Organizations | #plans=58 | avg=$52,411
164. Other Animal Production | #plans=23 | avg=$52,322
165. Facilities Support Services | #plans=86 | avg=$51,853
166. Electronic and Precision Equipment Repair and Maintenance | #plans=45 | avg=$50,417
167. Drycleaning and Laundry Services | #plans=59 | avg=$49,780
168. Land Subdivision | #plans=29 | avg=$49,475
169. Other Wood Product Manufacturing | #plans=160 | avg=$48,800
170. Automotive Equipment Rental and Leasing | #plans=25 | avg=$48,590
171. Other Support Services | #plans=93 | avg=$48,377
172. Textile Product Mills | #plans=72 | avg=$48,327
173. Support Activities For Road Transportation | #plans=38 | avg=$48,289
174. Jewelry, Luggage, and Leather Goods Stores | #plans=34 | avg=$48,132
175. Business Support Services | #plans=228 | avg=$47,762
176. Other Professional, Scientific, and Technical Services | #plans=1,924 | avg=$47,073
177. Coating, Engraving, Heat Treating, and Allied Activities | #plans=81 | avg=$46,610
178. Executive, Legislative, and Other General Government Support | #plans=59 | avg=$46,319
179. Freight Transportation Arrangement | #plans=127 | avg=$46,221
180. Book Stores and News Dealers | #plans=12 | avg=$45,241
181. Fruit and Tree Nut Farming | #plans=47 | avg=$44,959
182. Office Supplies, Stationery, and Gift Stores | #plans=33 | avg=$44,509
183. Educational Services | #plans=657 | avg=$44,409
184. Community Food and Housing and Emergency and Other Relief Services | #plans=152 | avg=$44,331
185. Animal Food Manufacturing | #plans=79 | avg=$44,173
186. Museums, Historical Sites, and Similar Institutions | #plans=73 | avg=$43,886
187. Textile Mills | #plans=42 | avg=$43,472
188. Furniture Stores | #plans=115 | avg=$42,729
189. Other Motor Vehicle Dealers | #plans=112 | avg=$41,548
190. Bakeries and Tortilla Manufacturing | #plans=129 | avg=$41,062
191. Motor Vehicle Body and Trailer Manufacturing | #plans=64 | avg=$40,271
192. Automobile Dealers | #plans=1,189 | avg=$39,179
193. Lessors of Real Estate | #plans=329 | avg=$39,163
194. Florists | #plans=7 | avg=$38,987
195. Support Activities For Rail Transportation | #plans=14 | avg=$38,686
196. Consumer Goods Rental | #plans=25 | avg=$38,298
197. Apparel Knitting Mills | #plans=6 | avg=$38,237
198. Personal and Household Goods Repair and Maintenance | #plans=30 | avg=$38,059
199. Other Leather and Allied Product Manufacturing | #plans=8 | avg=$38,010
200. Building Finishing Contractors | #plans=110 | avg=$37,851
201. Electronics and Appliance Stores | #plans=61 | avg=$37,569
202. Vegetable and Melon Farming | #plans=40 | avg=$37,193
203. Other Support Activities For Transportation | #plans=98 | avg=$37,104
204. Greenhouse, Nursery, and Floriculture Production | #plans=68 | avg=$37,035
205. Cut and Sew Apparel Manufacturing | #plans=60 | avg=$36,631
206. General Merchandise Stores, Including Warehouse Clubs and Supercenters | #plans=39 | avg=$36,152
207. Hog and Pig Farming | #plans=13 | avg=$35,548
208. Gambling Industries | #plans=153 | avg=$35,518
209. Social Advocacy Organizations | #plans=1 | avg=$35,502
210. Support Activities For Forestry | #plans=12 | avg=$34,801
211. Other Miscellaneous Store Retailers | #plans=182 | avg=$34,580
212. Oilseed and Grain Farming | #plans=69 | avg=$34,288
213. General Freight Trucking | #plans=510 | avg=$34,229
214. Offices of Dentists | #plans=161 | avg=$34,154
215. Warehousing and Storage | #plans=166 | avg=$34,040
216. Other Ambulatory Health Care Services | #plans=132 | avg=$33,664
217. Other Transit and Ground Passenger Transportation | #plans=43 | avg=$32,714
218. Support Activities For Air Transportation | #plans=66 | avg=$32,453
219. Wholesale Electronic Markets and Agents and Brokers | #plans=58 | avg=$32,316
220. Foundation, Structure, and Building Exterior Contractors | #plans=171 | avg=$32,243
221. Department Stores | #plans=17 | avg=$32,014
222. Building Material and Supplies Dealers | #plans=205 | avg=$31,279
223. Offices of Other Health Practitioners | #plans=553 | avg=$31,279
224. Traveler Accommodation | #plans=448 | avg=$30,661
225. Grocery Stores | #plans=346 | avg=$30,457
226. Vending Machine Operators | #plans=13 | avg=$29,885
227. Interurban and Rural Bus Transportation | #plans=13 | avg=$29,444
228. Forest Nurseries and Gathering of Forest Products | #plans=2 | avg=$28,265
229. Continuing Care Retirement Communities and Assisted Living Facilities For The Elderly | #plans=1 | avg=$27,445
230. Office Administrative Services | #plans=207 | avg=$27,135
231. Poultry and Egg Production | #plans=38 | avg=$27,060
232. Automotive Parts, Accessories, and Tire Stores | #plans=121 | avg=$26,922
233. Performing Arts Companies | #plans=39 | avg=$26,505
234. Personal Care Services | #plans=65 | avg=$25,277
235. Animal Slaughtering and Processing | #plans=88 | avg=$24,965
236. Other Personal Services | #plans=423 | avg=$24,451
237. Other Crop Farming | #plans=60 | avg=$23,951
238. Independent Artists, Writers, and Performers | #plans=8 | avg=$23,832
239. Cattle Ranching and Farming | #plans=31 | avg=$23,303
240. Home Furnishings Stores | #plans=51 | avg=$23,276
241. Rv (Recreational Vehicle) Parks and Recreational Camps | #plans=7 | avg=$23,233
242. Insurance and Employee Benefit Funds | #plans=64 | avg=$22,322
243. Automotive Repair and Maintenance | #plans=120 | avg=$20,555
244. Local Messengers and Local Delivery | #plans=60 | avg=$20,537
245. Aquaculture | #plans=3 | avg=$20,418
246. Clothing Stores | #plans=119 | avg=$20,320
247. Shoe Stores | #plans=28 | avg=$19,907
248. Lawn and Garden Equipment and Supplies Stores | #plans=48 | avg=$19,824
249. Services To Buildings and Dwellings | #plans=180 | avg=$19,237
250. Specialty Food Stores | #plans=80 | avg=$19,119
251. Taxi and Limousine Service | #plans=12 | avg=$18,353
252. Individual and Family Services | #plans=573 | avg=$17,989
253. Sporting Goods, Hobby, and Musical Instrument Stores | #plans=60 | avg=$17,821
254. Other Amusement and Recreation Industries | #plans=269 | avg=$17,729
255. Drinking Places (Alcoholic Beverages) | #plans=14 | avg=$17,514
256. Charter Bus Industry | #plans=11 | avg=$16,777
257. Employment Services | #plans=456 | avg=$16,185
258. Vocational Rehabilitation Services | #plans=110 | avg=$16,007
259. Amusement Parks and Arcades | #plans=30 | avg=$15,697
260. Beer, Wine, and Liquor Stores | #plans=11 | avg=$14,919
261. Child Day Care Services | #plans=71 | avg=$14,860
262. Used Merchandise Stores | #plans=20 | avg=$14,192
263. Gasoline Stations | #plans=83 | avg=$13,681
264. Nursing and Residential Care Facilities | #plans=826 | avg=$13,527
265. Urban Transit Systems | #plans=11 | avg=$13,509
266. Couriers and Express Delivery Services | #plans=53 | avg=$12,536
267. Restaurants and Other Eating Places | #plans=576 | avg=$11,990
268. Special Food Services | #plans=127 | avg=$11,640
269. Home Health Care Services | #plans=440 | avg=$10,848
270. Rooming and Boarding Houses, Dormitories, and Workers' Camps | #plans=8 | avg=$9,444
271. School and Employee Bus Transportation | #plans=29 | avg=$9,406
272. Investigation and Security Services | #plans=101 | avg=$8,271