401(k) · DOL Form 5500 · 2024

Connect Holding II, LLC 401(k) Plan

Data updated 2026-08-25

$351M
Total assets Above avg plan size
4,167
Participants Above avg headcount
96th
Percentile by assets National rank
$84,345
Avg per participant Below avg balance/head
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Official DOL plan name: Brightspeed 401(k) Savings Plan · Sponsored by Connect Holding II, LLC · North Carolina · Information & Media

$351M in assets, 4,167 participants

Connect Holding II, LLC's Brightspeed 401(k) Savings Plan reported $351M in total assets and 4,167 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #2,651 in Information & Media (2,822 peers)

Coverage in North Carolina

Brightspeed 401(k) Savings Plan covers 4,167 participants in North Carolina, 5.1x the typical North Carolina plan (state average ~819 per filing). Assets: $351M.

#2,651
in Information & Media (2,822 peers)
+20.2%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Brightspeed 401(k) Savings Plan's outsized position by total assets

Brightspeed 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$351,467,071 Top 4% higher than 96% of 123,620 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 2024

Brightspeed 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Brightspeed 401(k) Savings Plan lands in the large band (4,167 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Brightspeed 401(k) Savings Plan reported net income fell from $81M in the plan year 2023 filing to $59M in the plan year 2024 filing.
  • Brightspeed 401(k) Savings Plan end-of-year assets rose from $292M in the plan year 2023 filing to $351M in the plan year 2024 filing.
  • Brightspeed 401(k) Savings Plan reported participants rose from 3,839 in the plan year 2023 filing to 4,167 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 873811759 · Connect Holding II, LLC PY 2024 · 401(k)

Brightspeed 401(k) Savings Plan · $351M · 4,167 · 96th

  • TYPE $351M
  • NET 4,167
  • BOOK 96th
  • VS-ST 401(k)
  • BOY near Athene Savings & Retirement Plan
  • SCH ind #2651

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 401(k) Savings Plan in the asset neighbourhood

Aristocrat Technologies, Inc. 401(k) Savings PlanAristocrat Technologies, Inc…$352MRetirement Savings Plan$352MAthene Savings & Retirement PlanAthene Savings & Retirement …$352MBrightspeed 401(k) Savings PlanBrightspeed 401(k) Savings P…$351MLa-Z-Boy Incorporated Retirement Savings PlanLa-Z-Boy Incorporated Retire…$351M
End-of-year total assets ($M) among Brightspeed 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$292M
Net Assets (End of Year)$351M
Net Income$59M
Employer EIN873811759
Plan Effective Date2022-10-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Connect Holding II, LLC)

Sponsor-wide plan assets over time

All Connect Holding II, LLC 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 401(k) Plans in North Carolina

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

Brightspeed 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Brightspeed 401(k) Savings Plan, Total assets ($B): 0.351467071 · Participants: 4167Brightspeed 401(k) Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Brightspeed 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Brightspeed 401(k) Savings Plan side-by-side with 3 peers →

Brightspeed 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Athene Savings & Retirement Plan in IA ($352M); by covered participants it is Thyssenkrupp Materials NA, Inc. 401(k)Plan in MI (4,167 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($351M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,167 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Brightspeed 401(k) Savings Plan assets move in 2024? ▼
Brightspeed 401(k) Savings Plan grew sharply - up 20.2% during 2024, from $292M to $351M. Reported net income was $59M.
How have Connect Holding II, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Connect Holding II, LLC's sponsor-wide assets declined 3.7%, from $2.1B to $2.1B.
Where does Brightspeed 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Brightspeed 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Brightspeed 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Athene Savings & Retirement Plan in IA ($352M, 1,862 participants).
Which 401(k) plans cover a similar participant headcount to Brightspeed 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Thyssenkrupp Materials NA, Inc. 401(k)Plan in MI (4,167 participants, $388M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.