Plan Ledger DOL Form 5500 · updated monthly

Brightspring Health Services401(k)

BRIGHTSPRING HEALTH SERVICES RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Brightspring Health Services reported $769,726 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $175 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 0.12% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 13th-largest of 871 plans among Kentucky employers on file, and the 66th of 4,246 in wholesale trade. In 2024, employees put in $6.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$794,243,965
Participants with balances14,074
Active participants43,434
Employer contributions$7,593,912
Employee contributions$50,081,235
Employer contribution per active participant$175
Average account balance$56,433
Benefits paid to participants$85,495,792
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$794.2M · 14,074 accts · $7.6M emplr
2023$721.6M · 14,544 accts · $9.1M emplr
2022$614.1M · 14,266 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$540,290
Investment management$182,961
Audit (IQPA)$46,475
Total administrative$769,726
The Brightspring Health Services 401(k) match · 2024
Employer contribution per active participant$175
Median for plans this size$4,294
2024$175 per active participant
2023$216 per active participant
2022$208 per active participant

Brightspring Health Services's 2024 employer contribution ran below the $4,294 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$540,473
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$120,461
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$62,500
CHERRY BEKAERT · Accounting / audit$30,975
MCM CPAS & ADVISORS LLP · Accounting / audit$15,500

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$769,726 · 0.10%
2023$721,153 · 0.11%
2022$778,727 · 0.12%
Same employer
Similar plansWholesale Trade · Kentucky
Acosta, Inc. FL$838.9M · 0.09%
Pvh Corp NJ$827.6M · 0.06%
Ralph Lauren Corporation NJ$826.6M · 0.07%
Ergon, Inc. MS$770.8M · 0.08%
C&S Wholesale Grocers, Inc. NH$750.2M · 0.19%
Ingram Micro Inc. CA$741.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610875371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.