401(k) · DOL Form 5500 · 2024

Bright Health Management, Inc. 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
294
Participants Below avg headcount
84th
Percentile by assets National rank
$172,354
Avg per participant Above avg 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

$51M in assets, 294 participants

Bright Health Management, Inc.'s Bright Health Management, Inc. 401(k) Plan reported $51M in total assets and 294 participants in its 2024 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.

  • #6,470 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Bright Health Management, Inc. 401(k) Plan covers 294 participants in Minnesota, about 26% of the average Minnesota filer (state average ~1,126 per filing). Assets: $51M.

#6,470
in Finance & Insurance (8,549 peers)
-23.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$50,672,072 Top 16% higher than 84% 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

Bright Health Management, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bright Health Management, Inc. 401(k) Plan sits mid-pack in the medium band (294 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bright Health Management, Inc. 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to -$15M in the plan year 2024 filing.
  • Bright Health Management, Inc. 401(k) Plan reported participants fell from 1,344 in the plan year 2023 filing to 294 in the plan year 2024 filing.
  • Bright Health Management, Inc. 401(k) Plan end-of-year assets fell from $66M in the plan year 2023 filing to $51M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 811108911 · Bright Health Management, Inc. PY 2024 · 401(k)

Bright Health Management, Inc. 401(k) Plan · $51M · 294 · 84th

  • BOOK $51M
  • VS-ST 294
  • BOY 84th
  • SCH 401(k)
  • EBSA near W&w Steel 401(k) Savings Plan
  • PART ind #6470

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

Intercept Pharma 401(k) Plan$51MBright Health Management, Inc. 401(k) PlanBright Health Management, In…$51MW&w Steel 401(k) Savings Plan$51MMascaro Services, Inc. 401(k)/Profit Sharing PlanMascaro Services, Inc. 401(k…$51MBirkey's Farm Store, Inc. 401(k) Profit Sharing PlanBirkey's Farm Store, Inc. 40…$51M
End-of-year total assets ($M) among Bright Health Management, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$51M
Net Income-$15M
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 -20020406080 Total assets ($B) Participants Bright Health Management, Inc. 401(k) Plan, Total assets ($B): 0.050672072 · Participants: 294Bright Health Management, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Bright Health Management, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Bright Health Management, Inc. 401(k) Plan side-by-side with 3 peers →

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 W&w Steel 401(k) Savings Plan in OK ($51M); by covered participants it is Topographic Om, Inc. Retirement Plan in TX (294 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($51M here).

Similar participant headcount

Nearest other-state filings by covered participants (294 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 Bright Health Management, Inc. 401(k) Plan assets move in 2024? ▼
Bright Health Management, Inc. 401(k) Plan declined sharply - down 23.1% during 2024, from $66M to $51M. Reported net income was -$15M.
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 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 W&w Steel 401(k) Savings Plan in OK ($51M, 507 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 Topographic Om, Inc. Retirement Plan in TX (294 participants, $21M 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 811108911.

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.