Plan Ledger DOL Form 5500 · updated monthly

Building Blocks Developmental Pre School Inc.403(b)

BUILDING BLOCKS DEVELOPMENTAL PRE SCHOOL, INC. 403(B) PLAN · COMMACK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Building Blocks Developmental Pre School Inc. reported $850 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,809 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 0.004% to 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,354th-largest of 5,648 plans among New York employers on file, and the 1,515th of 3,091 in educational services. In 2024, the employer put in $2.49 for every $1.00 employees contributed themselves; active participation has grown from 157 to 175 since 2022.

Plan summary
Net assets, end of year$22,299,936
Participants with balances127
Active participants175
Employer contributions$1,016,509
Employee contributions$408,934
Employer contribution per active participant$5,809
Average account balance$175,590
Benefits paid to participants$1,972,649
Plan auditUnmodified (clean) audit opinion
AuditorNAWROCKI SMITH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 127 accts · $1.0M emplr
2023$20.6M · 117 accts · $1.0M emplr
2022$17.0M · 109 accts · $709K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$850
Total administrative$850
Employer contributions to the Building Blocks Developmental Pre School Inc. plan · 2024
Employer contribution per active participant$5,809
Median for plans this size$2,416
2024$5,809 per active participant
2023$5,869 per active participant
2022$4,518 per active participant

Building Blocks Developmental Pre School Inc.'s 2024 employer contribution ran above the $2,416 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.

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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$850
PURSHE KAPLAN STERLING INVESTMENTS · 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$850 · 0.00%
2023$400 · 0.00%
2022$600 · 0.00%
Similar plansEducational Services · New York
Afs USA NY$24.0M · 0.18%
Allendale Columbia School NY$23.7M · 0.03%
The New York Preparatory NY$22.2M · 0.39%
Icahn Charter School 1 NY$21.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112682219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.