Plan Ledger DOL Form 5500 · updated monthly

Braille Institute of America, Inc.403(b)

BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 403(B) SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Braille Institute of America, Inc. reported $4,704 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,641 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 rose from 0.01% to 0.02%. 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 2,817th-largest of 9,483 plans among California employers on file, and the 1,336th of 3,091 in educational services. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,157,779
Participants with balances303
Active participants199
Employer contributions$923,480
Employee contributions$924,071
Employer contribution per active participant$4,641
Average account balance$92,930
Benefits paid to participants$6,508,999
Plan auditUnmodified (clean) audit opinion
AuditorGRANT THORTON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 303 accts · $923K emplr
2023$21.5M · 318 accts
2022$21.5M · 309 accts
Employer contributions to the Braille Institute of America, Inc. plan · 2024
Employer contribution per active participant$4,641
Median for plans this size$2,416

Braille Institute of America, 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
THE VANGUARD GROUP, INC. · Recordkeeping · Custodial (securities)$4,704

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,704 · 0.02%
2023$2,200 · 0.01%
2022$1,751 · 0.01%
All plans at this employer2
BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 401(M) SAVINGS PLANProfit-sharing plan
BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 403(B) SAVINGS PLAN403(b)
Same employer
Similar plansEducational Services · California
Sage Hill School CA$29.0M · 0.10%
Holy Names University CA$28.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951641426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.