Plan Snapshot
- Plan Sponsor: Bright Horizons Children'S Centers LLC
- Sponsor EIN: 042949680
- Sponsor Address: 2 WELLS AVENUE, NEWTON, MA, 02459
- Plan Type: 401(k)
- Total Participants: 18,958
- Total Assets: $465.7M
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 | 18,958 | $465.7M | $6.1M | $33.3M |
| 2023 | 17,032 | $410.2M | $5.2M | $30.7M |
| 2022 | 15,998 | $338.5M | $4.5M | $27.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GRAY, GRAY & GRAY LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $597,570 | — | — | — | — |
| 2023 | $550,007 | — | $600 | — | — |
| 2022 | $631,525 | — | — | — | — |