Plan Snapshot
- Plan Sponsor: Brighton Health Plan Solutions, LLC
- Sponsor EIN: 113410766
- Sponsor Address: 1600 STEWART AVENUE SUITE 700, WESTBURY, NY, 11590
- Plan Type: 401(k)
- Total Participants: 520
- Total Assets: $51.9M
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 | 520 | $51.9M | $2.1M | $2.8M |
| 2023 | 492 | $43.0M | $1.5M | $2.3M |
| 2022 | 318 | $34.5M | $1.3M | $1.8M |
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 |
|---|---|---|---|---|
| ASSOCIATED PENSION CONSULTANTS, INC | CONTRACT ADMIN | $36,301 | $1,478 | $37,779 |
| LILLING & COMPANY LLP | AUDITOR | $16,165 | — | $16,165 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $13,278 | — | $13,278 |
| EMPOWER LIFE & ANNUITY INS CO OF NY | RECORDKEEPER | $12,253 | — | $12,253 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LILLING & COMPANY LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,475
- Estimated Expense Ratio: 0.153% 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 | $77,997 | $13,278 | $36,301 | $16,165 | — |
| 2023 | $83,771 | — | $2,700 | $53,250 | — |
| 2022 | $44,606 | $9,073 | $1,995 | — | — |