Plan Ledger DOL Form 5500 · updated monthly

Brighton Center, Inc.403(b)

BRIGHTON CENTER, INC. EMPLOYEE PENSION PLAN · NEWPORT, KY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Brighton Center, Inc. reported $7,085 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,089 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 0.23% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (557th of 871), and 6,648th of 11,911 in health care & social assistance. In 2024, the employer put in $1.33 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,526,698
Participants with balances350
Active participants156
Employer contributions$325,920
Employee contributions$245,303
Employer contribution per active participant$2,089
Average account balance$21,505
Benefits paid to participants$662,692
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNING
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 350 accts · $326K emplr
2023$6.7M · 325 accts · $394K emplr
2022$5.4M · 292 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,085
Total administrative$7,085
Employer contributions to the Brighton Center, Inc. plan · 2024
Employer contribution per active participant$2,089
Median for plans this size$1,313
2024$2,089 per active participant
2023$2,389 per active participant
2022$1,878 per active participant

Brighton Center, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
NATIONWIDE · Accounting / audit$30,147
LATITUDE SERVICE COMPANY, INC. · Accounting / audit$4,158
HORAN SECURITIES INC. · Investment advisory (plan)indirect comp
CREATIVE RETIREMENT SYSTEMS · Accounting / auditindirect 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$7,085 · 0.10%
2023$70,850 · 1.17%
2022$14,137 · 0.23%
Same employer
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Sterling Health Care KY$8.2M · 0.43%
Lifeskills, Inc. KY$7.5M · 0.73%
Gravity Diagnostics LLC KY$7.3M · 0.74%
Communicare, Inc KY$7.0M · 0.96%
Ramey-Estep Homes, Inc. KY$7.0M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610673886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.