Plan Ledger DOL Form 5500 · updated monthly

Brooklyn Conservatory of MusicProfit-sharing plan

BROOKLYN CONSERVATORY OF MUSIC 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.06%

Brooklyn Conservatory of Music reported $2,056 in plan administrative expenses for 2024: 1.06% of average plan assets, above the peer median. 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 fell from 2.61% to 1.06%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (5,502nd of 5,648), and 1,285th of 1,311 in arts, entertainment & recreation.

Plan summary
Net assets, end of year$328,259
Participants with balances200
Active participants175
Employer contributions—
Employee contributions$250,142
Employer contribution per active participant—
Average account balance$1,641
Benefits paid to participants$3,418
Plan history2
Yearassets · accounts · employer contribution
2024$328K · 200 accts
2023$61K · 172 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,056
Total administrative$2,056
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 history2
2024$2,056 · 1.06%
2023$1,593 · 2.61%
Similar plansArts, Entertainment & Recreation · New York
Usfl League, LLC NY$1.4M · 2.23%
Elsewhere Group, Inc NY$252K · 2.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111532426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.