Plan Snapshot
- Plan Sponsor: Brixmor Employment Company, LLC
- Sponsor EIN: 261381083
- Sponsor Address: 100 PARK AVE, NEW YORK, NY, 10017
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 716
- Total Assets: $125.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 716 | $125.6M | $0 | $0 |
| 2024 | 455 | $109.8M | $2.3M | $4.9M |
| 2023 | 512 | $97.7M | $2.0M | $4.7M |
| 2022 | 502 | $79.3M | $1.9M | $4.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Other Service Provider | $13,254 | — | $13,254 |
| APRIO WEALTH MANAGEMENT LLC | Other Service Provider | $12,259 | — | $12,259 |
| CAPITAL ADVISORS INC | Other Service Provider | $7,429 | — | $7,429 |
| NORTHSTAR ADVISORY GROUP LLC | Other Service Provider | $5,326 | — | $5,326 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,268
- Estimated Expense Ratio: 0.030% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $9,309,279 | $43,698 | — | — | — |
| 2024 | $43,525 | $41,725 | — | — | — |
| 2023 | $28,908 | $26,883 | — | — | — |
| 2022 | $18,206 | $13,929 | — | — | — |