2023 Form 5500 filing — Brightspeed 401(K) Savings 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 20241011130727NAL0010943683001) for Brightspeed 401(K) Savings Plan, reported by Connect Holding Ii, LLC under EIN 87-3811759 and plan number 001. It reports 3,909 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$292.4MReported net assets$292,442,467
Participants3.9K3,909
Provider compensation$402.9K2 Schedule C row(s)$402,891
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011130727NAL0010943683001
- Plan sponsor
- Connect Holding Ii, LLC
- EIN
- 87-3811759
- Plan number
- 001
- Location
- Charlotte, NC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$292.4M total assets
Net assets$292.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $292,442,467
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $292,442,467
- Employer contributions
- $9,767,623
- Participant contributions
- $25,867,341
- Total income / additions
- $102,672,835
- Benefits paid
- $21,029,486
- Administrative expenses
- $417,615
- Total expenses
- $21,514,776
- Net increase / (decrease)
- $81,158,059
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $376,703 | $0 |
| Prime Capital Investment Advis | INV ADV, PARTICIPANTS | $26,188 | not reported in the loaded dataset |