Plan Ledger DOL Form 5500 · updated monthly

Bonnie Brae403(b)

BONNIE BRAE RETIREMENT PLAN · LIBERTY CORNER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Bonnie Brae reported $87,287 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,386 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 902nd-largest of 2,419 plans among New Jersey employers on file, and the 3,053rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 254 to 317 since 2022.

Plan summary
Net assets, end of year$26,277,838
Participants with balances431
Active participants317
Employer contributions$1,073,511
Employee contributions$832,292
Employer contribution per active participant$3,386
Average account balance$60,969
Benefits paid to participants$2,541,562
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH AND BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 431 accts · $1.1M emplr
2023$23.5M · 458 accts · $1.2M emplr
2022$19.0M · 384 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,287
Total administrative$87,287
Employer contributions to the Bonnie Brae plan · 2024
Employer contribution per active participant$3,386
Median for plans this size$2,416
2024$3,386 per active participant
2023$4,160 per active participant
2022$2,877 per active participant

Bonnie Brae's 2024 employer contribution ran above the $2,416 median for plans its size. 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
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment management$86,972

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$87,287 · 0.35%
2023$77,511 · 0.36%
2022$77,554 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Atlas Healthcare, LLC NJ$27.5M · 0.28%
Parker Health Group, Inc. NJ$25.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221500479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.