Plan Ledger DOL Form 5500 · updated monthly

Brightside Health, Inc.401(k)

BRIGHTSIDE HEALTH, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Brightside Health, Inc. reported $6,121 in plan administrative expenses for 2024: 0.11% 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 0.107% to 0.115%. 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 California (6,389th of 9,483), and 6,951st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$6,828,118
Participants with balances277
Active participants249
Employer contributions$0
Employee contributions$1,754,666
Employer contribution per active participant$0
Average account balance$24,650
Benefits paid to participants$660,957
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL CPAS
Plan history2
Yearassets · accounts · employer contribution
2024$6.8M · 277 accts
2023$3.8M · 189 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,836
Investment management$4,285
Total administrative$6,121
The Brightside Health, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Brightside Health, 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$5,433

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$6,121 · 0.11%
2023$3,040 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · California
Predicine, Inc. CA$6.9M · 0.36%
Mfi Recovery Center CA$6.9M · 0.07%
O'Connor Woods CA$6.9M · 0.00%
Community Bridges CA$6.9M · 0.11%
Peninsula Family Service CA$6.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823567923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.