# Bright Horizons Children&#39;S Centers LLC 401(k) Plan
Source: https://planprovider.pro/companies/bright-horizons-children-s-centers-llc-401k-plan

> Bright Horizons Children&#39;S Centers LLC&#39;s 401(k) plan: 18,958 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$597,569|—|$597,569|

| GRAY, GRAY & GRAY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $597,569

- **Estimated Expense Ratio:** 0.128% of plan assets

### 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|—|—|—|—|

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