Bright Futures Management Grou 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Bright Futures Management Grou)
Plain-English plan 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, Bright Futures Management Grou 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Bright Futures Management Grou under EIN 81-4030557 and plan number 001. The latest loaded filing year is 2023. The filing reports 483 participants and $1,838,150 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bright Futures Management Grou
- EIN
- 81-4030557
- Plan number
- 001
- Plan type
- 2
- Location
- Poughkeepsie, NY
- Latest filing year
- 2023
- Participants
- 483
- End-of-year plan assets
- $1,838,150
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 483 | H, C | 20241016104506NAL0030459505001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,838,150
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,838,150
- Net assets (BOY)
- $1,361,912
Income & contributions
- Employer contributions
- $49,141
- Participant contributions
- $244,166
- Total contributions
- $325,351
- Total income / additions
- $572,585
Expenses & distributions
- Benefits paid
- $75,356
- Administrative expenses
- $20,991
- Total expenses
- $96,347
- Net increase / (decrease)
- $476,238
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Erisa Fiduciary Services, Inc. | CONTRACT ADMINISTRATOR | $11,110 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $9,280 | not reported in the loaded dataset | 2023 |