Plan Snapshot
- Plan Sponsor: Brightspring Health Services
- Sponsor EIN: 610875371
- Sponsor Address: 805 WHITTINGTON PARKWAY, LOUISVILLE, KY, 40222
- Plan Type: 401(k)
- Total Participants: 43,434
- Total Assets: $794.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 43,434 | $794.2M | $7.6M | $50.1M |
| 2023 | 42,281 | $721.6M | $9.1M | $48.1M |
| 2022 | 42,866 | $614.1M | $8.9M | $45.7M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | $46,475 | — | $46,475 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,475
- Estimated Expense Ratio: 0.006% 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 | $769,726 | $182,961 | $2,700 | $46,475 | — |
| 2023 | $721,153 | $123,777 | $1,800 | — | — |
| 2022 | $778,727 | $76,636 | — | — | — |