Plan Ledger DOL Form 5500 · updated monthly

Bright Horizons Children's Centers LLC401(k)

BRIGHT HORIZONS 401(K) PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Bright Horizons Children's Centers LLC reported $597,570 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $321 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 fell from 0.17% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 126th-largest of 2,726 plans among Massachusetts employers on file, and the 345th of 11,911 in health care & social assistance. In 2024, employees put in $5.46 for every $1.00 the employer contributed; active participation has grown from 15,998 to 18,958 since 2022.

Plan summary
Net assets, end of year$465,745,563
Participants with balances9,581
Active participants18,958
Employer contributions$6,087,862
Employee contributions$33,269,044
Employer contribution per active participant$321
Average account balance$48,611
Benefits paid to participants$37,760,131
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$465.7M · 9,581 accts · $6.1M emplr
2023$410.2M · 10,848 accts · $5.2M emplr
2022$338.5M · 10,467 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$597,570
Total administrative$597,570
The Bright Horizons Children's Centers LLC 401(k) match · 2024
Employer contribution per active participant$321
Median for plans this size$4,294
2024$321 per active participant
2023$307 per active participant
2022$279 per active participant

Bright Horizons Children's Centers LLC's 2024 employer contribution ran below the $4,294 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$597,569

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$597,570 · 0.14%
2023$550,007 · 0.15%
2022$631,525 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Tufts Medical Center, Inc. MA$629.8M · 0.06%
Mount Auburn Hospital MA$588.4M · 0.03%
Cha General Services, Inc. MA$411.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042949680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.