401(k) · DOL Form 5500 · 2022

Brightly Software, Inc 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
474
Participants Below avg headcount
84th
Percentile by assets National rank
$68,052
Avg per participant Below avg balance/head
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Official DOL plan name: Brightly Software, Inc. 401(k) Plan · Sponsored by Brightly Software, Inc · North Carolina · Professional & Technical Services

$32M in assets, 474 participants

Brightly Software, Inc's Brightly Software, Inc. 401(k) Plan reported $32M in total assets and 474 participants in its 2022 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,187 in Professional & Technical Services (21,562 peers)

Where Brightly Software, Inc. 401(k) Plan sits by assets

Brightly Software, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $32M for 474 participants (~$68,052/participant), down 13.5% in 2022.

#18,187
in Professional & Technical Services (21,562 peers)
-13.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Brightly Software, Inc. 401(k) Plan's outsized position by total assets

Brightly Software, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$32,256,532 Top 16% higher than 84% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Brightly Software, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Brightly Software, Inc. 401(k) Plan sits mid-pack in the medium band (474 participants).

EBSA filing schedule strip

Filing strip 562174429 · Brightly Software, Inc PY 2022 · 401(k)

Brightly Software, Inc. 401(k) Plan · $32M · 474 · 84th

  • RANK $32M
  • PHOTO 474
  • IND 84th
  • EOY 401(k)
  • 5500 near Vectorworks, Inc. 401(k) Plan
  • ASSETS ind #18187

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in North Carolina →

Brightly Software, Inc. 401(k) Plan in the asset neighbourhood

Brightly Software, Inc. 401(k) PlanBrightly Software, Inc. 401(…$32MC. F. Martin & Co., Inc. 401(k) Plan for Hourly EmployeesC. F. Martin & Co., Inc. 401…$32MVectorworks, Inc. 401(k) Plan$32MKayem Foods, Inc. Employees Retirement PlanKayem Foods, Inc. Employees …$32MGreylock 401(k) Plan$32M
End-of-year total assets ($M) among Brightly Software, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$32M
Net Income-$5M
Employer EIN562174429
Plan Effective Date2008-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Brightly Software, Inc)

Sponsor-wide plan assets over time

All Brightly Software, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$43M 33.63770476007774% vs 2022
2023 filing year
$30M$35M$40M$45M 20222023 $32.3M $43.1M ▲ +33.6%
Year Plans Participants Total Assets
2022 1 474 $32M
2023 2 1,083 $43M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Brightly Software, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Brightly Software, Inc. 401(k) Plan, Total assets ($B): 0.032256532 · Participants: 474Brightly Software, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Brightly Software, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Brightly Software, Inc. 401(k) Plan side-by-side with 3 peers →

Brightly Software, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Vectorworks, Inc. 401(k) Plan in MD ($32M); by covered participants it is Staffmark Group, LLC Retirement Savings Plan for Staff Employees in OH (474 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (474 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Brightly Software, Inc. 401(k) Plan assets move in 2022? ▼
Brightly Software, Inc. 401(k) Plan pulled back noticeably - down 13.5% during 2022, from $37M to $32M. Reported net income was -$5M.
How have Brightly Software, Inc plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Brightly Software, Inc's sponsor-wide assets grew 33.6%, from $32M to $43M.
Where does Brightly Software, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Brightly Software, Inc. 401(k) Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Brightly Software, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vectorworks, Inc. 401(k) Plan in MD ($32M, 216 participants).
Which 401(k) plans cover a similar participant headcount to Brightly Software, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Staffmark Group, LLC Retirement Savings Plan for Staff Employees in OH (474 participants, $43M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 562174429.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.