401(k) · DOL Form 5500 · 2023

Brightly Software, Inc 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
534
Participants Below avg headcount
84th
Percentile by assets National rank
$80,725
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

$43M in assets, 534 participants

Brightly Software, Inc's Brightly Software, Inc. 401(k) Plan reported $43M in total assets and 534 participants in its 2023 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.

  • #17,260 in Professional & Technical Services (20,321 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, $43M for 534 participants (~$80,725/participant), up 33.6% in 2023.

#17,260
in Professional & Technical Services (20,321 peers)
+33.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$43,106,889 Top 16% higher than 84% 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

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

Plan-year 2023 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 (534 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brightly Software, Inc. 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Brightly Software, Inc. 401(k) Plan end-of-year assets rose from $32M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Brightly Software, Inc. 401(k) Plan reported participants rose from 474 in the plan year 2022 filing to 534 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 562174429 · Brightly Software, Inc PY 2023 · 401(k)

Brightly Software, Inc. 401(k) Plan · $43M · 534 · 84th

  • NET $43M
  • NET 534
  • NET 84th
  • NET 401(k)
  • NET near Ariel Investments, LLC Employees' Profit Sharing and Savings Plan and Trust
  • NET ind #17260

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

Blue Umbrella 401(k) Plan$43MBrightly Software, Inc. 401(k) PlanBrightly Software, Inc. 401(…$43MAriel Investments, LLC Employees' Profit Sharing and Savings Plan and TrustAriel Investments, LLC Emplo…$43MAmc 401(k) Plan$43MQuality Carriers, Inc. 401(k) PlanQuality Carriers, Inc. 401(k…$43M
End-of-year total assets ($M) among Brightly Software, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$43M
Net Income$11M
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. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Brightly Software, Inc. 401(k) Plan, Total assets ($B): 0.043106889 · Participants: 534Brightly Software, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings 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 Ariel Investments, LLC Employees' Profit Sharing and Savings Plan and Trust in IL ($43M); by covered participants it is Hagerty Consulting Inc 401(k) Plan in IL (534 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (534 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 Brightly Software, Inc. 401(k) Plan assets move in 2023? ▼
Brightly Software, Inc. 401(k) Plan surged - up 33.6% during 2023, from $32M to $43M. Reported net income was $11M.
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 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 Brightly Software, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ariel Investments, LLC Employees' Profit Sharing and Savings Plan and Trust in IL ($43M, 122 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 Hagerty Consulting Inc 401(k) Plan in IL (534 participants, $19M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.