Plan Ledger DOL Form 5500 · updated monthly

Bronx Community Charter School401(k)

BRONX COMMUNITY CHARTER SCHOOL 401(K) RETIREMENT PLAN · BRONX, NY · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Bronx Community Charter School reported $41,585 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. Employer contributions averaged $3,582 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 has held roughly steady near 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (4,420th of 5,648), and 2,486th of 3,091 in educational services. In 2023, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,323,124
Participants with balances95
Active participants74
Employer contributions$265,035
Employee contributions$296,728
Employer contribution per active participant$3,582
Average account balance$56,033
Benefits paid to participants$1,163,095
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.3M · 95 accts · $265K emplr
2022$5.1M · 102 accts · $557K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,585
Total administrative$41,585
The Bronx Community Charter School 401(k) match · 2023
Employer contribution per active participant$3,582
Median for plans this size$1,308
2023$3,582 per active participant
2022$5,803 per active participant

Bronx Community Charter School's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MARK GAJOWSKI, II · Contract administrator$28,677
CAPITAL GROUP RETIREMENT PLAN$12,652

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

Administrative cost history2
2023$41,585 · 0.80%
2022$37,140 · 0.79%
Similar plansEducational Services · New York
Metschools, LLC NY$5.7M · 0.83%
Knox School NY$4.8M · 0.00%
Private Prep Nyc LLC NY$4.8M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611551201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.