Plan Ledger DOL Form 5500 · updated monthly

Broadwall Management Corp.401(k)

FEIL ORGANIZATION 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Broadwall Management Corp. reported $58,997 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,983 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 0.17% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,049th-largest of 5,648 plans among New York employers on file, and the 487th of 2,096 in real estate & leasing. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 145 to 257 since 2022.

Plan summary
Net assets, end of year$28,065,407
Participants with balances206
Active participants257
Employer contributions$509,757
Employee contributions$1,634,030
Employer contribution per active participant$1,983
Average account balance$136,240
Benefits paid to participants$2,758,680
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 206 accts · $510K emplr
2023$25.5M · 210 accts · $391K emplr
2022$15.5M · 116 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,997
Investment management$35,000
Total administrative$58,997
The Broadwall Management Corp. 401(k) match · 2024
Employer contribution per active participant$1,983
Median for plans this size$2,416
2024$1,983 per active participant
2023$1,643 per active participant
2022$1,431 per active participant

Broadwall Management Corp.'s 2024 employer contribution ran below 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 · 20242
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$35,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,997

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$58,997 · 0.22%
2023$45,495 · 0.22%
2022$28,570 · 0.17%
Same employer
Similar plansReal Estate & Leasing · New York
Bldg Management Co, Inc. NY$29.6M · 0.02%
Fairfield Properties NY$29.0M · 0.42%
Rose Associates, Inc. NY$28.1M · 0.03%
Phipps Houses NY$27.1M · 0.32%
Conifer Realty LLC NY$24.6M · 0.62%
Rockrose Development, LLC NY$24.5M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133010137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.