Plan Ledger DOL Form 5500 · updated monthly

Brighton G&B Holdings Inc.401(k)

BRIGHTON G&B HOLDINGS INC. 401K PLAN · SANDY, UT · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Brighton G&B Holdings Inc. reported $95,037 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,092 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 0.75% to 0.80%. 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 the 384th-largest of 848 plans among Utah employers on file, and the 4,754th of 11,911 in health care & social assistance. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 635 to 871 since 2022.

Plan summary
Net assets, end of year$13,711,796
Participants with balances517
Active participants871
Employer contributions$951,437
Employee contributions$2,045,595
Employer contribution per active participant$1,092
Average account balance$26,522
Benefits paid to participants$1,464,492
Plan auditUnmodified (clean) audit opinion
AuditorVALENTINE & CALDWELL CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 517 accts · $951K emplr
2023$9.9M · 445 accts · $814K emplr
2022$6.6M · 356 accts · $669K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,700
Investment management$60,337
Total administrative$95,037
The Brighton G&B Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$1,092
Median for plans this size$2,416
2024$1,092 per active participant
2023$1,140 per active participant
2022$1,053 per active participant

Brighton G&B Holdings Inc.'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 · 20241
LPL FINANCIAL · Investment advisory (participants)$60,337

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$95,037 · 0.80%
2023$63,614 · 0.77%
2022$46,146 · 0.75%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Donorconnect UT$15.0M · 0.48%
Gold Cross Services Inc. UT$15.0M · 0.49%
Utah Youth Village, Inc. UT$13.6M · 0.59%
Community Nursing Services UT$13.4M · 0.55%
Mt. Ogden Eye Center, LLC UT$11.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822548498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.