# Brightspace Senior Living, LLC 401(k) Plan
Source: https://planprovider.pro/companies/brightspace-senior-living-llc-465686533-001

> Brightspace Senior Living, LLC's 401(k) plan: 319 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Brightspace Senior Living, LLC

- **Sponsor EIN:** 465686533

- **Sponsor Address:** 7042 LEE HIGHWAY, CHATTANOOGA, TN, 37421

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

- **Plan Number:** 001

- **Total Participants:** 319

- **Total Assets:** $1.3M

## 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.|

| 2025|319|$1.3M|$0|$0|

| 2024|261|$1.1M|$0|$237,148|

| 2023|238|$829,778|$0|$89,653|

| 2022|229|$1.0M|$0|$56,589|

## 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|

| CAPITAL GROUP RETIREMENT PLAN SVCS.|Recordkeeper|$15,645|—|$15,645|

| EDWARD JONES|Investment Advisor|$5,931|—|$5,931|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $21,576

- **Estimated Expense Ratio:** 1.714% 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|

| 2025|$347,391|$5,931|—|—|—|

| 2024|$55,839|—|—|—|—|

| 2023|$449,243|—|—|—|—|

| 2022|$5,181|$5,181|—|—|—|

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