Plan Ledger DOL Form 5500 · updated monthly

Brightview Senior Living, LLC401(k)

THE BRIGHTVIEW SENIOR LIVING 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Brightview Senior Living, LLC reported $444,817 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $533 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 0.52% to 0.47%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 170th-largest of 1,671 plans among Maryland employers on file, and the 124th of 2,096 in real estate & leasing. In 2024, employees put in $4.51 for every $1.00 the employer contributed; active participation has grown from 4,231 to 4,852 since 2022.

Plan summary
Net assets, end of year$102,983,551
Participants with balances5,984
Active participants4,852
Employer contributions$2,583,847
Employee contributions$11,653,566
Employer contribution per active participant$533
Average account balance$17,210
Benefits paid to participants$10,245,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.0M · 5,984 accts · $2.6M emplr
2023$87.5M · 5,549 accts · $2.2M emplr
2022$68.9M · 5,214 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$422,812
Audit (IQPA)$22,005
Total administrative$444,817
The Brightview Senior Living, LLC 401(k) match · 2024
Employer contribution per active participant$533
Median for plans this size$3,635
2024$533 per active participant
2023$482 per active participant
2022$477 per active participant

Brightview Senior Living, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$422,812
SC&H ATTEST SERVICES, P.C. · Accounting / audit$22,005
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$444,817 · 0.47%
2023$401,168 · 0.51%
2022$368,215 · 0.52%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 522124576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.