Plan Ledger DOL Form 5500 · updated monthly

The Browning School403(b)

THE BROWNING SCHOOL 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The Browning School reported $62,619 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,258 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 0.11% to 0.13%. 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 1,367th-largest of 5,648 plans among New York employers on file, and the 909th of 3,091 in educational services. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,219,735
Participants with balances327
Active participants197
Employer contributions$641,750
Employee contributions$1,197,661
Employer contribution per active participant$3,258
Average account balance$153,577
Benefits paid to participants$2,370,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.2M · 327 accts · $642K emplr
2023$45.0M · 326 accts · $596K emplr
2022$37.9M · 314 accts · $528K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,619
Total administrative$62,619
Employer contributions to the The Browning School plan · 2024
Employer contribution per active participant$3,258
Median for plans this size$2,416
2024$3,258 per active participant
2023$3,073 per active participant
2022$2,762 per active participant

The Browning School's 2024 employer contribution ran above 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 · 20243
TIAA$28,419
CARON & BLETZER, PLLC · Accounting / audit$26,900
PLANPILOT, LLC · Pension consulting$7,300

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$62,619 · 0.13%
2023$35,796 · 0.09%
2022$39,163 · 0.11%
Same employer
Similar plansEducational Services · New York
The Hewitt School NY$52.7M · 0.04%
The Town School NY$52.1M · 0.09%
Tiegerman School NY$51.3M · 0.26%
Russell Sage Foundation NY$50.7M · 0.02%
World Economic Forum LLC NY$49.3M · 0.05%
The League School NY$46.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131623918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.