# Bright Mls, INC. 401(k) Plan
Source: https://planprovider.pro/companies/bright-mls-inc-401k-plan

> Bright Mls, INC.'s 401(k) plan: 154 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bright Mls, INC.

- **Sponsor EIN:** 521845913

- **Sponsor Address:** 909 ROSE AVE, NORTH BETHESDA, MD, 20852

- **Plan Type:** 401(k)

- **Total Participants:** 154

- **Total Assets:** $39.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|154|$39.6M|$773,023|$1.3M|

| 2023|137|$32.4M|$671,452|$1.1M|

| 2022|141|$27.7M|$655,167|$1.0M|

## 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|

| FAW CASSON & CO., LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [FAW CASSON & CO., LLP](https://planprovider.pro/provider/faw-casson-and-co-llp) — Auditor

## 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|$116,253|—|$116,253|—|—|

| 2023|$93,155|—|$93,155|—|—|

| 2022|$121,786|$31,887|$89,899|—|—|

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