Plan Ledger DOL Form 5500 · updated monthly

Board of Jewish Education, Inc.401(k)

BOARD OF JEWISH EDUCATION, INC SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Board of Jewish Education, Inc. reported $18,194 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,505 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.11% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,391st-largest of 5,648 plans among New York employers on file, and the 1,535th of 3,091 in educational services. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 53 to 67 since 2022.

Plan summary
Net assets, end of year$21,878,579
Participants with balances149
Active participants67
Employer contributions$569,852
Employee contributions$972,909
Employer contribution per active participant$8,505
Average account balance$146,836
Benefits paid to participants$1,665,626
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 149 accts · $570K emplr
2023$19.7M · 154 accts · $436K emplr
2022$16.6M · 149 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,194
Total administrative$18,194
The Board of Jewish Education, Inc. 401(k) match · 2024
Employer contribution per active participant$8,505
Median for plans this size$2,416
2024$8,505 per active participant
2023$7,263 per active participant
2022$6,610 per active participant

Board of Jewish Education, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
SENTINEL PENSION ADVISORS · Contract administrator$18,194

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$18,194 · 0.09%
2023$10,073 · 0.06%
2022$17,039 · 0.11%
Similar plansEducational Services · New York
The New York Preparatory NY$22.2M · 0.39%
Icahn Charter School 1 NY$21.9M · 0.19%
St. Luke's School NY$21.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131632519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.