2023 Form 5500 filing — Brightline 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009145936NAL0037426562001) for Brightline 401(K) Plan, reported by Brightline Inc. under EIN 84-3102803 and plan number 001. It reports 344 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009145936NAL0037426562001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Brightline Inc.
- EIN
- 84-3102803
- Plan number
- 001
- Location
- San Mateo, CA
- Participants
- 344
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,538,015
- Total liabilities (EOY)
- $62,704
- Net assets (EOY)
- $6,475,311
- Participant contributions
- $2,144,721
- Total income / additions
- $3,620,762
- Benefits paid
- $1,089,299
- Administrative expenses
- $52,325
- Total expenses
- $1,142,164
- Net increase / (decrease)
- $2,478,598
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $45,584 | $0 |
| Ameriprise Financial Services | BROKER/ADVISOR | $0 | $23,310 |
| Erisa Services Inc | CONTRACT ADMINISTRATOR | $3,700 | $2,540 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,504 | not reported in the loaded dataset |