Plan Ledger DOL Form 5500 · updated monthly

University Physicians of Brooklyn, Inc.401(k)

UNIVERSITY PHYSICIANS OF BROOKLYN, INC. INCENTIVE SAVINGS TRUST · BROOKLYN, NY · plan year 2021

Reported admin expense ratio · 2021
0.06%

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

University Physicians of Brooklyn, Inc. reported $34,187 in plan administrative expenses for 2021: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $895 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 7 years on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 32 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,227th-largest of 5,648 plans among New York employers on file, and the 1,651st of 11,911 in health care & social assistance. In 2021, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,552,211
Participants with balances810
Active participants492
Employer contributions$440,199
Employee contributions$1,218,982
Employer contribution per active participant$895
Average account balance$72,287
Benefits paid to participants$3,106,648
Plan auditUnmodified (clean) audit opinion
Plan history8
Yearassets · accounts · employer contribution
2024$57.7M · 861 accts · $306K emplr
2023$56.7M · 849 accts · $344K emplr
2022$50.8M · 841 accts · $392K emplr
2021$58.6M · 810 accts · $440K emplr
2020$53.4M · 829 accts · $986K emplr
2019$47.4M · 814 accts · $1.2M emplr
2018$39.8M · 816 accts · $939K emplr
2017$39.9M · 780 accts · $1.4M emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$715
Investment management$33,472
Total administrative$34,187
The University Physicians of Brooklyn, Inc. 401(k) match · 2021
Employer contribution per active participant$895
Median for plans this size$2,545
2024$700 per active participant
2023$664 per active participant
2022$771 per active participant
2021$895 per active participant
2020$1,908 per active participant

University Physicians of Brooklyn, Inc.'s 2021 employer contribution ran below the $2,545 median for plans its size, in the bottom 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history8
2024$31,998 · 0.06%
2023$31,350 · 0.06%
2022$30,943 · 0.06%
2021$34,187 · 0.06%
2020$23,638 · 0.05%
2019$24,062 · 0.06%
2018$23,250 · 0.06%
2017$25,473 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · New York
People, Inc. NY$60.8M · 0.34%
Acld, Inc. NY$59.9M · 0.48%
The McGuire Group NY$58.3M · 0.27%
Northwell Health Inc. NY$58.1M · 0.04%
Young Adult Institute, Inc. NY$57.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113190652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.