Plan Ledger DOL Form 5500 · updated monthly

Brooklyn Defender Services403(b)

BROOKLYN DEFENDER SERVICES 2014 403B PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Brooklyn Defender Services reported $223,643 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,915 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 0.33% to 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,211th-largest of 5,648 plans among New York employers on file, and the 2,402nd of 11,654 in professional & technical services. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,310,900
Participants with balances915
Active participants562
Employer contributions$2,762,342
Employee contributions$3,267,476
Employer contribution per active participant$4,915
Average account balance$64,821
Benefits paid to participants$1,339,784
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI & CO., CPAS, P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$59.3M · 915 accts · $2.8M emplr
2023$46.2M · 867 accts · $2.7M emplr
2022$38.8M · 776 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$223,643
Total administrative$223,643
Employer contributions to the Brooklyn Defender Services plan · 2024
Employer contribution per active participant$4,915
Median for plans this size$3,635
2024$4,915 per active participant
2023$4,977 per active participant
2022$4,147 per active participant

Brooklyn Defender Services's 2024 employer contribution ran above the $3,635 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 · 20241
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$86,960

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$223,643 · 0.42%
2023$214,445 · 0.50%
2022$115,309 · 0.33%
Same employer
Similar plansProfessional & Technical Services · New York
Medical Knowledge Group LLC NY$60.2M · 0.26%
Flextrade Systems, Inc. NY$57.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113305406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.