Plan Ledger DOL Form 5500 · updated monthly

24/7 Brightstar Operations, LLC401(k)

BRIGHTSTAR OPERATIONS, LLC 401(K) PLAN · BANNOCKBURN, IL · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

24/7 Brightstar Operations, LLC reported $74,338 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,133 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 0.44% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,114th of 3,702), and the 4,822nd of 11,911 in health care & social assistance. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 397 to 612 since 2022.

Plan summary
Net assets, end of year$13,421,222
Participants with balances237
Active participants612
Employer contributions$693,293
Employee contributions$1,619,714
Employer contribution per active participant$1,133
Average account balance$56,630
Benefits paid to participants$710,628
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 237 accts · $693K emplr
2023$9.4M · 205 accts · $566K emplr
2022$6.0M · 156 accts · $382K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,312
Investment management$2,120
Total administrative$74,338
The 24/7 Brightstar Operations, LLC 401(k) match · 2024
Employer contribution per active participant$1,133
Median for plans this size$2,416
2024$1,133 per active participant
2023$1,099 per active participant
2022$963 per active participant

24/7 Brightstar Operations, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$2,115
WELLS FARGO CLEARING SERVICES, LLCindirect comp
HESSEL & ASSOCIATES, LLC · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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$74,338 · 0.65%
2023$35,891 · 0.47%
2022$26,486 · 0.44%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Aperion Care, Inc. IL$13.8M · 1.46%
Tapestry 360 Health IL$13.0M · 0.03%
Kaskaskia Workshop, Inc. IL$12.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271405185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.