Defined Benefit (Pension) · DOL Form 5500 · 2022

Connect Holding II LLC D/B/a Brightspeed Pension Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
2,294
Participants Above avg headcount
99th
Percentile by assets National rank
$836,116
Avg per participant High balance/head
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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.

  • #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.

#2,869
in Information & Media (2,911 peers)
-$337M
reported net income
19×
vs typical plan assets (national mean)

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.

Brightspeed Pension Plan's outsized position by total assets

Brightspeed Pension Plan vs every filed plan by assets

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

$1,918,050,772 Top 1% higher than 99% 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

Brightspeed Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Brightspeed Pension Plan lands in the large band (2,294 participants).

Plan-year Form 5500 strip

Filing strip 873811759 · Connect Holding II LLC D/B/a Brightspeed PY 2022 · Defined Benefit (Pension)

Brightspeed Pension Plan · $1.9B · 2,294 · 99th

  • NET $1.9B
  • NET 2,294
  • NET 99th
  • NET Defined Benefit (Pension)
  • NET near Genuine Parts Company Pension Plan
  • NET ind #2869

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 Information & Media retirement plans → · Plans in North Carolina →

Brightspeed Pension Plan in the asset neighbourhood

Unisys Pension Plan$1.9BThe Northwestern Mutual Life Insurance Company Agents Retirement PlanThe Northwestern Mutual Life…$1.9BBrightspeed Pension Plan$1.9BGenuine Parts Company Pension PlanGenuine Parts Company Pensio…$1.9BThe Aerospace Employees' Retirement Plan (Aerp)The Aerospace Employees' Ret…$1.9B
End-of-year total assets ($B) among Brightspeed Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$1.9B
Net Income-$337M
Employer EIN873811759
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Connect Holding II LLC D/B/a Brightspeed)

Sponsor-wide plan assets over time

All Connect Holding II LLC D/B/a Brightspeed plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 3.705664272169683% vs 2022
2024 filing year
$2B$2.05B$2.1B$2.15B$2.2B 202220232024 $2.13B $2.05B ▼ -3.8%
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 Scatter plot of 6 data points. -10000010000200003000040000 05101520 Total assets ($B) Participants Brightspeed Pension Plan, Total assets ($B): 1.918050772 · Participants: 2294Brightspeed Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
Brightspeed Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Brightspeed Pension Plan side-by-side with 3 peers →

Brightspeed Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Genuine Parts Company Pension Plan in GA ($1.9B); by covered participants it is Olin Corporation Employees Pension Plan in MO (2,293 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,294 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 have Connect Holding II LLC D/B/a Brightspeed plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Connect Holding II LLC D/B/a Brightspeed's sponsor-wide assets declined 3.7%, from $2.1B to $2.1B.
Where does Brightspeed Pension Plan rank by assets among Form 5500 filers? ▼
Brightspeed Pension Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Brightspeed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Genuine Parts Company Pension Plan in GA ($1.9B, 5,106 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Brightspeed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Olin Corporation Employees Pension Plan in MO (2,293 participants, $1.8B 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 873811759.

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.