Plan Ledger DOL Form 5500 · updated monthly

Brookwood Companies Incorporated401(k)

BROOKWOOD COMPANIES INC. TAX FAVORED SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Brookwood Companies Incorporated reported $73,041 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,313 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 0.22% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,598th-largest of 5,648 plans among New York employers on file, and the 3,672nd of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed; active participation has grown from 185 to 208 since 2022.

Plan summary
Net assets, end of year$40,040,206
Participants with balances269
Active participants208
Employer contributions$481,030
Employee contributions$1,603,821
Employer contribution per active participant$2,313
Average account balance$148,848
Benefits paid to participants$2,617,570
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.0M · 269 accts · $481K emplr
2023$35.2M · 231 accts · $428K emplr
2022$29.8M · 174 accts · $359K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,491
Total administrative$73,041
The Brookwood Companies Incorporated 401(k) match · 2024
Employer contribution per active participant$2,313
Median for plans this size$2,416
2024$2,313 per active participant
2023$2,253 per active participant
2022$1,940 per active participant

Brookwood Companies Incorporated's 2024 employer contribution ran below the $2,416 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 · 20242
WELLS FARGO CLEARING SERVICES, LLCindirect comp
THE ANGELL PENSION GROUP, INC. · Other servicesindirect 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$73,041 · 0.19%
2023$65,396 · 0.20%
2022$70,738 · 0.22%
Same employer
Similar plansManufacturing · New York
Sumitovant Biopharma, Inc. NY$42.6M · 0.13%
Atalys LLC NY$39.9M · 0.31%
Rosina Food Products, Inc. NY$39.8M · 0.05%
Teamsters Local No. 264 NY$39.7M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222958309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.