Plan Ledger DOL Form 5500 · updated monthly

Brightview Landscapes, LLC401(k)

THE BRIGHTVIEW 401(K) PLAN · BLUE BELL, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Brightview Landscapes, LLC reported $62,086 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $721 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 0.16% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 188th-largest of 3,651 plans among Pennsylvania employers on file, and the 62nd of 2,534 in administrative & support services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 16,675 to 14,899 since 2022.

Plan summary
Net assets, end of year$378,377,286
Participants with balances5,569
Active participants14,899
Employer contributions$10,735,709
Employee contributions$22,426,274
Employer contribution per active participant$721
Average account balance$67,943
Benefits paid to participants$61,275,090
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$378.4M · 5,569 accts · $10.7M emplr
2023$358.0M · 5,849 accts · $11.4M emplr
2022$308.4M · 5,934 accts · $11.4M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$23,637
Total administrative$62,086
The Brightview Landscapes, LLC 401(k) match · 2024
Employer contribution per active participant$721
Median for plans this size$4,294
2024$721 per active participant
2023$704 per active participant
2022$683 per active participant

Brightview Landscapes, LLC'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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$93,971
MERCER (US) INC. · Consulting$42,127
BAKER TILLY US, LLP · Accounting / audit$23,637
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$62,086 · 0.02%
2023$77,282 · 0.02%
2022$536,112 · 0.16%
Same employer
Similar plansAdministrative & Support Services · Pennsylvania
Asplundh Tree Expert, LLC PA$342.7M · 0.06%
Vector Security, Inc PA$151.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421724313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.