Connect Holding II LLC D/B/A Brightspeed 401(k) match, vesting and fees
What Connect Holding II LLC D/B/A Brightspeed's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Crowe, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 235 defined-contribution plans in information with 1,000 to 4,999 participants.
| Connect Holding II LLC D/B/A Brightspeed: employer contribution per participant | $2,742 | |
| Peer median | $2,212 |
| Connect Holding II LLC D/B/A Brightspeed: average balance | $86,356 | |
| Peer median | $99,173 |
| Connect Holding II LLC D/B/A Brightspeed: admin expenses ÷ assets | 0.14% | |
| Peer median | 0.09% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $211M at the end of plan year 2022 to $351M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,339 | $351M | $11.2M | $2,742 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 4,290 | $292M | $9.8M | $2,439 | 0.17% | Not published | Form 5500 ↗ |
| 2022 | 3,925 | $211M | $2.6M | $735 | 0.06% | Not published | Form 5500 ↗ |
Other Connect Holding II LLC D/B/A Brightspeed plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Brightspeed Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Willis Towers Watson US LLC | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Connect Holding II LLC D/B/A Brightspeed match 401(k) contributions?
The match terms for the Brightspeed 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $11.2M in employer contributions, about $2,742 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Connect Holding II LLC D/B/A Brightspeed 401(k) match vested?
The vesting schedule for the Brightspeed 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Connect Holding II LLC D/B/A Brightspeed 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Connect Holding II, LLC.
I left Connect Holding II LLC D/B/A Brightspeed. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Connect Holding II, LLC, (704) 314-2400) or the recordkeeper, Principal Life Insurance Company. The Connect Holding II LLC D/B/A Brightspeed old 401(k) page lists the contacts from every plan filing. Find an old Connect Holding II LLC D/B/A Brightspeed 401(k)
Data from the public Form 5500 annual reports Connect Holding II LLC D/B/A Brightspeed filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Connect Holding II LLC D/B/A Brightspeed. Not financial advice. Report a correction · Methodology