Defined Benefit (Pension) · DOL Form 5500 · 2022
Connect Holding II LLC D/B/a Brightspeed Pension Plan
Data updated 2026-08-11
- $1.9B
- Total assets
- 2,294
- Participants
- 99th
- Percentile by assets
- $836,116
- Avg per participant
Official DOL plan name: Brightspeed Pension Plan · Sponsored by Connect Holding II LLC D/B/a Brightspeed · North Carolina · Information & Media
$1.9B in assets, 2,294 participants
Connect Holding II LLC D/B/a Brightspeed's Brightspeed Pension Plan reported $1.9B in total assets and 2,294 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #2,869 in Information & Media (2,911 peers)
Coverage in North Carolina
Brightspeed Pension Plan covers 2,294 participants in North Carolina, 2.8x the typical North Carolina plan (state average ~819 per filing). Assets: $1.9B.
- $1.9B
- total plan assets (2022 EOY)
- 2,294
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $836,116
- avg assets per participant
The plan reported a net loss of $337M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Brightspeed Pension Plan reports 2,294 participants - 2.8x that state average ($1.9B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | $1.9B |
| Net Income | -$337M |
| Employer EIN | 873811759 |
| Plan Effective Date | 2022-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Connect Holding II LLC D/B/a Brightspeed)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 6,003 | $2.1B |
| 2023 | 2 | 5,896 | $2.2B |
| 2024 | 2 | 6,095 | $2.1B |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Brightspeed Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Brightspeed Pension Plan by total assets, not by location.
- Genuine Parts Company Pension Plan (GA) $1.9B · 5,106
- The Aerospace Employees' Retirement Plan (Aerp) (CA) $1.9B · 2,767
- Unisys Pension Plan (PA) $1.9B · 466
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan (WI) $1.9B · 7,278
Frequently Asked Questions
How have Connect Holding II LLC D/B/a Brightspeed plan assets changed over time? ▼
Where does Brightspeed Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Brightspeed Pension Plan? ▼
Next read for Brightspeed Pension Plan
Filing takeaways
Ways to act on Brightspeed Pension Plan's numbers.
- By total assets, Brightspeed Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Connect Holding II LLC D/B/a Brightspeed's sponsor-wide assets have declined 3.7% since 2022 across 3 plan years on file. More Information & Media plans