Brightline 401(K) Plan — Form 5500 plan (Brightline Inc.)
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, Brightline 401(K) Plan is a benefit plan reported by Brightline Inc. under EIN 84-3102803 and plan number 001. The latest loaded filing year is 2023. The filing reports 344 participants and $6,538,015 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Brightline Inc.
- EIN
- 84-3102803
- Plan number
- 001
- Plan type
- 3
- Location
- San Mateo, CA
- Latest filing year
- 2023
- Participants
- 344
- End-of-year plan assets
- $6,538,015
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 344 | H, C | 20241009145936NAL0037426562001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,538,015
- Total liabilities (EOY)
- $62,704
- Net assets (EOY)
- $6,475,311
- Net assets (BOY)
- $3,996,713
Income & contributions
- Participant contributions
- $2,144,721
- Total contributions
- $2,650,777
- Total income / additions
- $3,620,762
Expenses & distributions
- Benefits paid
- $1,089,299
- Administrative expenses
- $52,325
- Total expenses
- $1,142,164
- Net increase / (decrease)
- $2,478,598
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $45,584 | $0 | 2023 |
| Ameriprise Financial Services | BROKER/ADVISOR | $0 | $23,310 | 2023 |
| Erisa Services Inc | CONTRACT ADMINISTRATOR | $3,700 | $2,540 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,504 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Brightline Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Mateo, CA
- Empower Annuity Insurance Co — Schedule C compensation
- Ameriprise Financial Services — Schedule C compensation
- Erisa Services Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation