2023 Form 5500 filing — Bright Futures Management Grou 401(K) Profit Sharing Plan & Trust
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 20241016104506NAL0030459505001) for Bright Futures Management Grou 401(K) Profit Sharing Plan & Trust, reported by Bright Futures Management Grou under EIN 81-4030557 and plan number 001. It reports 483 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)$1.8MReported net assets$1,838,150
Participants483
Provider compensation$20.4K2 Schedule C row(s)$20,390
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241016104506NAL0030459505001
- Plan sponsor
- Bright Futures Management Grou
- EIN
- 81-4030557
- Plan number
- 001
- Location
- Poughkeepsie, NY
- 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)$1.8M total assets
Net assets$1.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $1,838,150
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,838,150
- Employer contributions
- $49,141
- Participant contributions
- $244,166
- Total income / additions
- $572,585
- Benefits paid
- $75,356
- Administrative expenses
- $20,991
- Total expenses
- $96,347
- Net increase / (decrease)
- $476,238
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Erisa Fiduciary Services, Inc. | CONTRACT ADMINISTRATOR | $11,110 | not reported in the loaded dataset |
| Paychex, Inc. | RECORDKEEPER | $9,280 | not reported in the loaded dataset |