Plan Ledger DOL Form 5500 · updated monthly

Brixmor Employment Company, LLC401(k)

BRIXMOR EMPLOYMENT COMPANY LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Brixmor Employment Company, LLC reported $43,525 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,005 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 0.02% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 736th-largest of 5,648 plans among New York employers on file, and the 112th of 2,096 in real estate & leasing. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$109,788,510
Participants with balances710
Active participants455
Employer contributions$2,277,141
Employee contributions$4,947,291
Employer contribution per active participant$5,005
Average account balance$154,632
Benefits paid to participants$11,260,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$109.8M · 710 accts · $2.3M emplr
2023$97.7M · 743 accts · $2.0M emplr
2022$79.3M · 733 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,800
Investment management$41,725
Total administrative$43,525
The Brixmor Employment Company, LLC 401(k) match · 2024
Employer contribution per active participant$5,005
Median for plans this size$3,635
2024$5,005 per active participant
2023$3,940 per active participant
2022$3,747 per active participant

Brixmor Employment Company, LLC's 2024 employer contribution ran above the $3,635 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 · 20245
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$9,222
APRIO WEALTH MANAGEMENT LLC · Investment advisory (participants)$11,424
CAPITAL ADVISORS INC · Investment advisory (participants)$6,312
ABOUND WEALTH MANAGEMNET LLC · Investment advisory (participants)$5,126
CHARLES SCHWAB & CO., INC. · Securities brokerage$417

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$43,525 · 0.04%
2023$28,908 · 0.03%
2022$18,206 · 0.02%
Same employer
Similar plansReal Estate & Leasing · New York
Clarion Partners, LLC NY$166.8M · 0.08%
Wework Management LLC NY$161.8M · 0.15%
W. P. Carey Management LLC NY$108.9M · 0.16%
Sl Green Realty Corp NY$107.1M · 0.06%
Arnav Industries Inc NY$92.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261381083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.