Plan Snapshot
- Plan Sponsor: Brightkey, INC.
- Sponsor EIN: 521574418
- Sponsor Address: 60 WEST STREET, ANNAPOLIS, MD, 21401
- Plan Type: 401(k)
- Total Participants: 420
- Total Assets: $10.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 420 | $10.7M | $210,602 | $737,844 |
| 2023 | 433 | $10.3M | -$39 | $717,790 |
| 2022 | 426 | $9.7M | $312,236 | $696,268 |
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 |
|---|---|---|---|---|
| RUBINO AND COMPANY, CHARTERED | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUBINO AND COMPANY, CHARTERED — 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 | $74,475 | $15,983 | $58,492 | — | — |
| 2023 | $66,193 | $14,156 | $52,037 | — | — |
| 2022 | $67,391 | $14,678 | $52,713 | — | — |