Plan Snapshot
- Plan Sponsor: Brightsphere INC.
- Sponsor EIN: 042714625
- Sponsor Address: 200 STATE STREET, 13 FLOOR, BOSTON, MA, 02109
- Plan Type: 401(k)
- Total Participants: 337
- Total Assets: $284.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 337 | $284.3M | $7.3M | $5.4M |
| 2023 | 348 | $258.8M | $5.8M | $5.6M |
| 2022 | 362 | $220.2M | $5.4M | $5.3M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES, IN | NONE | $48,878 | — | $48,878 |
| BDMP ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES, IN — NONE
- BDMP ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,878
- Estimated Expense Ratio: 0.017% 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 | $52,100 | — | — | — | — |
| 2023 | $56,944 | — | — | — | — |
| 2022 | $104,177 | — | — | — | $104,177 |