Plan Ledger DOL Form 5500 · updated monthly

Brightspace Senior Living, LLC401(k)

BRIGHTSPACE SENIOR LIVING LLC 401(K) PROFIT SHARING · CHATTANOOGA, TN · plan year 2022

Reported admin expense ratio · 2022
0.45%

Brightspace Senior Living, LLC reported $5,181 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,399th of 1,496), and 10,879th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,039,624
Participants with balances33
Active participants229
Employer contributions—
Employee contributions$56,589
Employer contribution per active participant—
Average account balance$31,504
Benefits paid to participants$58,545
Plan auditUnmodified (clean) audit opinion
AuditorKRAFT CPAS, PLLC
Administrative expenses, itemized · 2022
Investment management$5,181
Total administrative$5,181
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,181 · 0.45%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
New Horizons Corporation TN$1.0M · 1.90%
Martha O'Bryan Center TN$974K · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465686533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.