Brightspeed 401(K) Savings Plan — Form 5500 plan (Connect Holding Ii, LLC)

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, Brightspeed 401(K) Savings Plan is a benefit plan reported by Connect Holding Ii, LLC under EIN 87-3811759 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,909 participants and $292,442,467 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Connect Holding Ii, LLC
EIN
87-3811759
Plan number
001
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
3,909
End-of-year plan assets
$292,442,467

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,909H, C20241011130727NAL0010943683001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$292,442,467
Total liabilities (EOY)
$0
Net assets (EOY)
$292,442,467
Net assets (BOY)
$211,284,408

Income & contributions

Employer contributions
$9,767,623
Participant contributions
$25,867,341
Total contributions
$62,963,575
Total income / additions
$102,672,835

Expenses & distributions

Benefits paid
$21,029,486
Administrative expenses
$417,615
Total expenses
$21,514,776
Net increase / (decrease)
$81,158,059

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$376,703$02023
Prime Capital Investment AdvisINV ADV, PARTICIPANTS$26,188not reported in the loaded dataset2023

Related Form 5500 pages