Plan Ledger DOL Form 5500 · updated monthly

Brookdale Hospital Medical Center403(b)

BROOKDALE HOSPITAL MEDICAL CENTER 403(B) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Brookdale Hospital Medical Center reported $336,898 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $688 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 fell from 0.14% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 285th-largest of 5,648 plans among New York employers on file, and the 409th of 11,911 in health care & social assistance. In 2024, employees put in $4.94 for every $1.00 the employer contributed; active participation has grown from 2,001 to 6,075 since 2022.

Plan summary
Net assets, end of year$374,046,982
Participants with balances5,505
Active participants6,075
Employer contributions$4,181,332
Employee contributions$20,648,571
Employer contribution per active participant$688
Average account balance$67,947
Benefits paid to participants$24,254,597
Plan auditUnmodified (clean) audit opinion
AuditorCOHREZNICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$374.0M · 5,505 accts · $4.2M emplr
2023$198.4M · 2,925 accts · $3.7M emplr
2022$171.8M · 2,630 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$143,315
Investment management$56,502
Total administrative$336,898
Employer contributions to the Brookdale Hospital Medical Center plan · 2024
Employer contribution per active participant$688
Median for plans this size$4,294
2024$688 per active participant
2023$901 per active participant
2022$110 per active participant

Brookdale Hospital Medical Center's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$336,898 · 0.12%
2023$86,918 · 0.05%
2022$261,097 · 0.14%
All plans at this employer2
BROOKDALE HOSPITAL MEDICAL CENTER 403(B) PLAN403(b)
INTERFAITH MEDICAL CENTER 403(B) RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · New York
New York Blood Center NY$505.2M · 0.11%
United Health Services, Inc. NY$391.3M · 0.27%
Medisys Health Network, Inc. NY$386.7M · 0.25%
Saratoga Hospital NY$367.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111631746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.