Brooklyn Emerging Leaders Academy Charter School Awards Financial Services Contract to IMPLOVA (February 2026)

The BELA board unanimously approved a switch of its 401k provider to Implova following a comparative analysis with TruStage. The new arrangement is projected to save up to $13,000 annually as the plan grows and reduce fiduciary and administrative burdens.

Document date · February 24, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

New 401k provider engagement approved; specific term and renewal options were not stated in the minutes.

Document type

Minutes

Source document

BELA Board Meeting Minutes February 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Brooklyn Emerging Leaders Academy Charter School?

IMPLOVA was awarded this financial services contract by Brooklyn Emerging Leaders Academy Charter School, as recorded on February 24, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in BELA Board Meeting Minutes February 2026 (Minutes), dated February 24, 2026 from Brooklyn Emerging Leaders Academy Charter School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does IMPLOVA hold?

IMPLOVA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View IMPLOVA's profile

What is Brooklyn Emerging Leaders Academy Charter School currently buying?

Explore Brooklyn Emerging Leaders Academy Charter School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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