Plan Ledger DOL Form 5500 · updated monthly

Brilla College Preparatory Charter Schools403(b)

BRILLA COLLEGE PREP 403(B) RETIREMENT PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Brilla College Preparatory Charter Schools reported $55,837 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $2,588 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 0.64% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,879th of 5,648), and 2,240th of 3,091 in educational services. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,279,030
Participants with balances521
Active participants255
Employer contributions$659,956
Employee contributions$1,377,762
Employer contribution per active participant$2,588
Average account balance$15,891
Benefits paid to participants$1,039,018
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 521 accts · $660K emplr
2023$6.2M · 440 accts · $624K emplr
2022$4.0M · 338 accts · $518K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,837
Total administrative$55,837
Employer contributions to the Brilla College Preparatory Charter Schools plan · 2024
Employer contribution per active participant$2,588
Median for plans this size$1,313
2024$2,588 per active participant
2023$2,268 per active participant
2022$2,141 per active participant

Brilla College Preparatory Charter Schools's 2024 employer contribution ran above the $1,313 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 · 20243
VOYA RETIREMENT INS. & ANNUITY CO. · Contract administrator · Investment advisory (plan)$52,537
THE BENEFIT PRACTICE · Loan processing · Other services$3,300
MERIT FINANCIAL GROUP, LLCindirect comp

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$55,837 · 0.77%
2023$34,240 · 0.67%
2022$23,878 · 0.64%
Similar plansEducational Services · New York
Alcott School NY$8.7M · 1.47%
Hta NY$8.4M · 0.85%
Shefa School NY$8.1M · 0.08%
Poughkeepsie Day School NY$7.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813081969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.