Brooklyn Laboratory Charter Schools401(k)
BROOKLYN LABORATORY CHARTER SCHOOLS 403(B) PLAN · BROOKLYN, NY · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Brooklyn Laboratory Charter Schools reported $16,234 in plan administrative expenses for 2022: 2.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $972 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 3.63% to 2.62%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (5,408th of 5,648), and 3,016th of 3,091 in educational services. In 2022, the employer put in $1.01 for every $1.00 employees contributed themselves.
Brooklyn Laboratory Charter Schools's 2022 employer contribution ran above the $331 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 2022 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 464341617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.