Plan Snapshot
- Plan Sponsor: Bright Development
- Sponsor EIN: 941741340
- Sponsor Address: 1620 N CARPENTER ROAD, MODESTO, CA, 95351
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 85
- Total Assets: $10.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
| 2024 | 85 | $10.2M | $96,607 | $372,017 |
| 2023 | 77 | $8.8M | $93,883 | $372,957 |
| 2022 | 74 | $7.2M | $92,034 | $409,909 |
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