Plan Ledger DOL Form 5500 · updated monthly

Bronx Arts & Science Charter School401(k)

ISAVE 401(K) RETIREMENT PLAN · FAIR LAWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Bronx Arts & Science Charter School reported $12,410 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,670 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.

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 Jersey (2,014th of 2,419), and 2,669th of 3,091 in educational services. In 2024, the employer put in $7.86 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,459,300
Participants with balances403
Active participants883
Employer contributions$1,474,721
Employee contributions$187,619
Employer contribution per active participant$1,670
Average account balance$8,584
Benefits paid to participants$58,014
Plan auditUnmodified (clean) audit opinion
AuditorOLUGBENGA OLABINTAN, CPA
Administrative expenses, itemized · 2024
Investment management$12,410
Total administrative$12,410
The Bronx Arts & Science Charter School 401(k) match · 2024
Employer contribution per active participant$1,670
Median for plans this size$1,313

Bronx Arts & Science Charter School's 2024 employer contribution ran above the $1,313 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
PRIMERICA FINANCIAL SERVICES · Investment advisory (plan)$12,010

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

Administrative cost history1
2024$12,410 · 0.49%
Similar plansEducational Services · New Jersey
Durand, Inc. NJ$4.6M · 0.08%
The Calais School NJ$3.5M · 0.71%
Banyan School NJ$3.0M · 0.03%
Burn Brae Education, Inc. NJ$2.9M · 0.52%
First Children, LLC. NJ$2.7M · 0.60%
Golden Steps Aba Nj LLC NJ$2.1M · 2.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832495004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.