Plan Ledger DOL Form 5500 · updated monthly

South Bronx Overall Economic Develo403(b)

SOBRO TAX DEFERRED ANNUITY PLAN · BRONX, NY · plan year 2022

Reported admin expense ratio · 2022
0.29%

South Bronx Overall Economic Develo reported $5,252 in plan administrative expenses for 2022: 0.29% of average plan assets, below 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 2 years on file its reported administrative ratio rose from 0.29% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,204th of 5,648), and 10,356th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,635,973
Participants with balances190
Active participants198
Employer contributions—
Employee contributions$112,434
Employer contribution per active participant—
Average account balance$8,610
Benefits paid to participants$272,456
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO., LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.6M · 265 accts
2022$1.6M · 190 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,252
Total administrative$5,252
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$4,916 · 0.32%
2022$5,252 · 0.29%
Similar plansHealth Care & Social Assistance · New York
Aids Community Resource NY$1.7M · 2.22%
Cnyhhn, Inc. NY$1.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132736022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.