Plan Ledger DOL Form 5500 · updated monthly

Burrell-Preferred, Inc. dba Brightli403(b)

BRIGHTLI RETIREMENT SAVINGS PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Burrell-Preferred, Inc. dba Brightli reported $160,458 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $1,064 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 198th-largest of 1,393 plans among Missouri employers on file, and the 1,146th of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$94,774,368
Participants with balances3,976
Active participants6,519
Employer contributions$6,937,660
Employee contributions$11,029,707
Employer contribution per active participant$1,064
Average account balance$23,837
Benefits paid to participants$4,780,962
Plan auditUnmodified (clean) audit opinion
AuditorKMP CPAS & ADVISORS
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,458
Total administrative$160,458
Employer contributions to the Burrell-Preferred, Inc. dba Brightli plan · 2024
Employer contribution per active participant$1,064
Median for plans this size$3,635

Burrell-Preferred, Inc. dba Brightli'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · 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 history1
2024$160,458 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Missouri

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Source: U.S. Department of Labor, Form 5500 series, EIN 872756443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.