Brightland Homes, Ltd 401(K) Plan — Form 5500 plan (Brightland Homes, Ltd)

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, Brightland Homes, Ltd 401(K) Plan is a benefit plan reported by Brightland Homes, Ltd under EIN 75-2551989 and plan number 001. The latest loaded filing year is 2023. The filing reports 709 participants and $34,863,468 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Brightland Homes, Ltd
EIN
75-2551989
Plan number
001
Plan type
2
Location
Addison, TX
Latest filing year
2023
Participants
709
End-of-year plan assets
$34,863,468

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023709H, C20240913102507NAL0005903203001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$34,863,468
Total liabilities (EOY)
$0
Net assets (EOY)
$34,863,468
Net assets (BOY)
$27,973,143

Income & contributions

Employer contributions
$1,211,688
Participant contributions
$3,392,255
Total contributions
$5,101,693
Total income / additions
$10,435,651

Expenses & distributions

Benefits paid
$3,401,398
Administrative expenses
$143,928
Total expenses
$3,545,326
Net increase / (decrease)
$6,890,325

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$143,928$02023
Woodbury Financial SvcsINVESTMENT ADVISORY$0$45,9882023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages