Plan Ledger DOL Form 5500 · updated monthly

Brightside Benefit Inc.401(k)

BRIGHTSIDE BENEFIT INC. 401(K) PLAN · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Brightside Benefit Inc. reported $7,083 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.11% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Arizona (749th of 1,285), and 1,767th of 2,199 in information & media.

Plan summary
Net assets, end of year$6,416,530
Participants with balances282
Active participants229
Employer contributions$0
Employee contributions$1,182,676
Employer contribution per active participant$0
Average account balance$22,754
Benefits paid to participants$1,137,104
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.4M · 282 accts
2023$5.3M · 206 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,452
Investment management$4,631
Total administrative$7,083
The Brightside Benefit Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Brightside Benefit Inc.'s 2024 employer contribution ran below the $1,313 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
GUIDELINE, INC. · Plan administrator · Recordkeeping$6,441

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$7,083 · 0.12%
2023$4,801 · 0.11%
Same employer
Similar plansInformation & Media · Arizona
Wick Communications Co. AZ$10.0M · 0.34%
Accountabilit, LLC AZ$8.2M · 0.79%
Stodge Inc AZ$8.1M · 0.10%
Theskimm, Inc. AZ$7.8M · 0.12%
Virtuous Software, Inc. AZ$6.3M · 0.18%
Western News&Info, Inc. AZ$5.7M · 0.48%
Opentech Alliance, Inc. AZ$4.9M · 1.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 815108781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.