Brighton G&b Holdings Inc. 401(k) Review & Grade
Brighton G&b Holdings Inc. 401k Plan
Sandy, UTHealth Care & Social Assistance792 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,201Employer $ per active participant
$2,581Employee $ saved per active participant
0.80%Direct admin cost, % of plan assets
$13.7MNet plan assets, end of year
$26,522Average balance per account
Score breakdown
- Employer generosity27.7 / 5055th percentile for employer $ per participant
- Low cost2.5 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving7.6 / 1551th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 55th |
| Lower admin cost | 10th |
| Employee saving | 51th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Brighton G&b Holdings put in about $1,201 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.80% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $951,437 |
| Participant (employee) contributions | $2,045,595 |
| Other contributions (incl. rollovers in) | $867,826 |
| Administrative expenses paid from the plan | $95,037 |
| Contract administrator fees | $7,315 |
| Investment advisory & management fees | $60,337 |
| Benefits paid out | $1,464,492 |
| Net assets, start / end of year | $9.9M / $13.7M |
| Active participants, start / end of year | 714 / 871 |
| Participants with account balances | 517 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Valentine & Caldwell Cpas, PC |
Largest service providers (Schedule C)
| LPL Financial | $60,337 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009115745NAL0011397344001, received 2025-10-09, EIN 82-2548498, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.