Plan Ledger DOL Form 5500 · updated monthly

Bronx Parent Housing Network, Inc.403(b)

BRONX PARENT HOUSING NETWORK 403(B) PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
1.29%

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

Bronx Parent Housing Network, Inc. reported $61,503 in plan administrative expenses for 2024: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,994 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 0.93% to 1.29%. 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 (4,447th of 5,648), and 2,271st of 3,341 in other services. In 2024, the employer put in $1.92 for every $1.00 employees contributed themselves; active participation has grown from 397 to 439 since 2022.

Plan summary
Net assets, end of year$5,134,890
Participants with balances399
Active participants439
Employer contributions$875,382
Employee contributions$455,850
Employer contribution per active participant$1,994
Average account balance$12,869
Benefits paid to participants$1,028,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 399 accts · $875K emplr
2023$4.4M · 321 accts · $725K emplr
2022$3.5M · 303 accts · $609K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,503
Total administrative$61,503
Employer contributions to the Bronx Parent Housing Network, Inc. plan · 2024
Employer contribution per active participant$1,994
Median for plans this size$1,313
2024$1,994 per active participant
2023$1,751 per active participant
2022$1,533 per active participant

Bronx Parent Housing Network, Inc.'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 · 20244
THE BENEFIT PRACTICE · Contract administrator$25,713
EMPOWER ADVISORY GROUP, LLC · Investment management$9,893
LPL FINANCIAL LLCindirect comp

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$61,503 · 1.29%
2023$45,772 · 1.17%
2022$32,947 · 0.93%
Same employer
Similar plansOther Services · New York
St. Anne Institute NY$5.6M · 0.90%
Northside Collision, Inc. NY$5.5M · 0.50%
Scott Miller Salon NY$5.0M · 0.27%
Shannon Marie Enterprises NY$5.0M · 0.03%
Educators for Excellence NY$4.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134100758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.