Retirement plan

BRONX CHARTER SCHOOL FOR EXCELLENCE 403(B) DEFERRED COMPENSATION PLAN

Name: BRONX CHARTER SCHOOL FOR EXCELLENCE - BRONX CHARTER SCHOOL FOR EXCELLENCE 403(B) DEFERRED COMPENSATION PLAN (2025) Form 5500
Creator: BRONX CHARTER SCHOOL FOR EXCELLENCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRONX CHARTER SCHOOL FOR EXCELLENCE 403(B) DEFERRED COMPENSATION PLAN, BRONX CHARTER SCHOOL FOR EXCELLENCE

BRONX CHARTER SCHOOL FOR EXCELLENCEEIN 45-0507998Plan #001PY 2025

1960 BENEDICT AVENUE - BRONX, NY 10462718-828-7301bronxexcellence.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$12.7M

+25.2% from 2024

Total participants

589

+23.0% from 2024

Average account balance

$24,040

+13.5% from 2024

Annual return

8.25%

-3.95 pp from 2024

Benchmarks

See 195 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort195 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$12.67M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$24K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

527

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

82.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.25%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$135

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$64,663
NFP RETIREMENT INC5 years Filed as: NFP RETIREMENT, INC. Service code 27 · EIN 33-0905143 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689	Advisory (Plan)	$38,252
ECONOMIC GROUP PENSION SERVICES3 years Filed as: ECONOMIC GROUP PENSION SERVICES INC Service code 13 · EIN 13-3180178	Contract Administrator	$7,160
ECONOMIC GROUP PENSION SERVICES1 year Filed as: ECONOMIC GROUP PENSION SERVICES LLC Service code 13 · EIN 13-3180178	Contract Administrator	$1,500

Plan features & details

Pension benefit codes2G2K2L2M3H3D

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$71K

$205 / participant

Contract admin$71K100.0%

% of EOY assets

0.561%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MENGEL METZGER BARR & CO. LLP
Auditor EIN: 161092347
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,040

$83,575-71.2%

$66,439-63.8%

$65,191-63.1%

Participation rate

82.1%

71.6%+10.6pp

74.5%+7.6pp

63.0%+19.1pp

Annual return

8.25%

12.38%-4.1pp

757.66%-749.4pp

51.24%-43.0pp

Employer contribution / active EE

$2,591

$2,903-10.7%

$2,637-1.7%

$2,400+7.9%

Participant deferral / active EE

$3,351

$3,365-0.4%

$3,876-13.5%

$2,671+25.5%

Admin fee / account holder

$135

$234-42.4%

$6,173-97.8%

$907-85.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER LIFE & ANNUITY INSURANCE

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$64,663

NFP RETIREMENT INC5 years

Filed as: NFP RETIREMENT, INC.

Service code 27 · EIN 33-0905143

120 VANTIS STE 400 · ALISO VIEJO, CA 926562689

Advisory (Plan)

$38,252

ECONOMIC GROUP PENSION SERVICES3 years

Filed as: ECONOMIC GROUP PENSION SERVICES INC

Service code 13 · EIN 13-3180178

Contract Administrator

$7,160

ECONOMIC GROUP PENSION SERVICES1 year

Filed as: ECONOMIC GROUP PENSION SERVICES LLC

Service code 13 · EIN 13-3180178

Contract Administrator

$1,500

BRONX CHARTER SCHOOL FOR EXCELLENCE 403(B) DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRONX CHARTER SCHOOL FOR EXCELLENCE 403(B) DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion