401(k) · DOL Form 5500 · 2023

Bright Health Management, Inc. 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
1,344
Participants Near avg headcount
88th
Percentile by assets National rank
$49,006
Avg per participant Low balance/head
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Official DOL plan name: Bright Health Management, Inc. 401(k) Plan · Sponsored by Bright Health Management, Inc. · Minnesota · Finance & Insurance

$66M in assets, 1,344 participants

Bright Health Management, Inc.'s Bright Health Management, Inc. 401(k) Plan reported $66M in total assets and 1,344 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,247 in Finance & Insurance (8,869 peers)

Where Bright Health Management, Inc. 401(k) Plan sits by assets

Bright Health Management, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $66M for 1,344 participants (~$49,006/participant), up 43.8% in 2023.

#7,247
in Finance & Insurance (8,869 peers)
+43.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Bright Health Management, Inc. 401(k) Plan's outsized position by total assets

Bright Health Management, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$65,864,202 Top 12% higher than 88% of 127,068 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 2023

Bright Health Management, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bright Health Management, Inc. 401(k) Plan lands in the large band (1,344 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bright Health Management, Inc. 401(k) Plan end-of-year assets rose from $46M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Bright Health Management, Inc. 401(k) Plan reported net income fell from $8M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Bright Health Management, Inc. 401(k) Plan reported participants rose from 1,327 in the plan year 2022 filing to 1,344 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 811108911 · Bright Health Management, Inc. PY 2023 · 401(k)

Bright Health Management, Inc. 401(k) Plan · $66M · 1,344 · 88th

  • PHOTO $66M
  • IND 1,344
  • EOY 88th
  • 5500 401(k)
  • ASSETS near General Rv 401(k) Plan & Trust
  • PCT ind #7247

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Bright Health Management, Inc. 401(k) Plan in the asset neighbourhood

Island Capital Group LLC 401(k) PlanIsland Capital Group LLC 401…$66MThe Deer Management Co. LLC Profit Sharing PlanThe Deer Management Co. LLC …$66MGeneral Rv 401(k) Plan & TrustGeneral Rv 401(k) Plan & Tru…$66MBright Health Management, Inc. 401(k) PlanBright Health Management, In…$66MYanmar Group 401(k) Savings PlanYanmar Group 401(k) Savings …$66M
End-of-year total assets ($M) among Bright Health Management, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$66M
Net Income$6M
Employer EIN811108911
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bright Health Management, Inc.)

Sponsor-wide plan assets over time

All Bright Health Management, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 10.660327088680132% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $45.8M $50.7M ▲ +10.7%
Year Plans Participants Total Assets
2022 1 1,327 $46M
2023 1 1,344 $66M
2024 1 294 $51M

Nearby 401(k) Plans in Minnesota

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

Bright Health Management, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Bright Health Management, Inc. 401(k) Plan, Total assets ($B): 0.065864202 · Participants: 1344Bright Health Management, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Bright Health Management, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Bright Health Management, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is General Rv 401(k) Plan & Trust in MI ($66M); by covered participants it is Great Northern Corporation Retirement Savings Plan in WI (1,344 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($66M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,344 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bright Health Management, Inc. 401(k) Plan assets move in 2023?
Bright Health Management, Inc. 401(k) Plan surged - up 43.8% during 2023, from $46M to $66M. Reported net income was $6M.
How have Bright Health Management, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bright Health Management, Inc.'s sponsor-wide assets grew 10.7%, from $46M to $51M.
Where does Bright Health Management, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Bright Health Management, Inc. 401(k) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bright Health Management, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is General Rv 401(k) Plan & Trust in MI ($66M, 1,628 participants).
Which 401(k) plans cover a similar participant headcount to Bright Health Management, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Great Northern Corporation Retirement Savings Plan in WI (1,344 participants, $306M in assets).