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BRIGHTSTAR CARE OF RICHMOND 401(K) PLAN 401k Plan overview

Plan NameBRIGHTSTAR CARE OF RICHMOND 401(K) PLAN
Plan identification number 001

BRIGHTSTAR CARE OF RICHMOND 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

RESSARG VENTURES, LLC D/B/A/ BRIGHTSTAR CARE OF RICHMOND has sponsored the creation of one or more 401k plans.

Company Name:RESSARG VENTURES, LLC D/B/A/ BRIGHTSTAR CARE OF RICHMOND
Employer identification number (EIN):274407858
NAIC Classification:621610
NAIC Description:Home Health Care Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BRIGHTSTAR CARE OF RICHMOND 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARK GRASSER2024-05-30
0012022-01-01MARK GRASSER2023-06-27
0012021-01-01MARK GRASSER2022-06-01
0012020-01-01MARK GRASSER2021-04-23
0012019-01-01MARK GRASSER2020-06-26

Financial Data on BRIGHTSTAR CARE OF RICHMOND 401(K) PLAN

Measure Date Value
2025 : BRIGHTSTAR CARE OF RICHMOND 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-240
Total liabilities as of the end of the plan year2025-06-240
Total liabilities as of the beginning of the plan year2025-06-240
Total expenses incurred by plan in this plan year2025-06-24129868
Net assets as of the end of the plan year2025-06-24320884
Total assets as of the beginning of the plan year2025-06-24350171
Value of plan covered by a fidelity bond2025-06-2450000
Participant contributions to plan in this plan year2025-06-2446652
Other expenses paid from plan in this plan year2025-06-240
Other contributions to plan in this plan year2025-06-240
Other income to plan in this plan year2025-06-2441097
Plan net income in this plan year2025-06-24-29287
Net assets as of the end of the plan year2025-06-24320884
Net assets as of the beginning of the plan year2025-06-24350171
Employer contributions to plan in this plan year2025-06-2412832
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-24735
2024 : BRIGHTSTAR CARE OF RICHMOND 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-303703
Net assets as of the end of the plan year2024-05-30350171
Total assets as of the beginning of the plan year2024-05-30229083
Value of plan covered by a fidelity bond2024-05-3050000
Participant contributions to plan in this plan year2024-05-3058646
Other income to plan in this plan year2024-05-3052670
Plan net income in this plan year2024-05-30121088
Net assets as of the end of the plan year2024-05-30350171
Net assets as of the beginning of the plan year2024-05-30229083
Employer contributions to plan in this plan year2024-05-3013475
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-30375
2022 : BRIGHTSTAR CARE OF RICHMOND 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-01190
Net assets as of the end of the plan year2022-06-01178538
Total assets as of the beginning of the plan year2022-06-0189231
Value of plan covered by a fidelity bond2022-06-0150000
Participant contributions to plan in this plan year2022-06-0160567
Other income to plan in this plan year2022-06-0116977
Plan net income in this plan year2022-06-0189307
Net assets as of the end of the plan year2022-06-01178538
Net assets as of the beginning of the plan year2022-06-0189231
Employer contributions to plan in this plan year2022-06-0111953
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-01190

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