Bronx Family Network, Inc.401(k)
BRONX FAMILY NETWORK 401(K) PLAN · YONKERS, NY · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Bronx Family Network, Inc. reported $25,578 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,362 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 1 year on file its reported administrative ratio rose from 0.38% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,768th of 5,648), and 2,538th of 3,341 in other services. In 2024, the employer put in $2.34 for every $1.00 employees contributed themselves.
Bronx Family Network, Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 824893510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.