Rescare, Inc. Dba Brightspring Health Services 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Rescare, Inc. Dba Brightspring Health Services 401(k) Plan Facts (plan year 2021)

Plan name
BRIGHTSPRING HEALTH SERVICES RETIREMENT SAVINGS PLAN FOR PUERTO RICO EMPLOYEES
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RES-CARE, INC. DBA BRIGHTSPRING HEALTH SERVICES
Participants
250 (239 active employees)
Former employees with a balance
85
Plan assets
$1,807,937 at Dec 31, 2021
Average account balance
$9,177 across 197 accounts
Employer contributions
$110,894 in plan year 2021 (43% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 1996
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 12, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $260,617 went into the plan in contributions, $110,894 of it from the employer (43%).
  • $42,102 was paid out to participants.
  • Investment and other income added $186,596.
  • Administrative expenses were $10,445, about $53 per account.

How the Rescare, Inc. Dba Brightspring Health Services 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016303$1.96 million$90,439$20,954
2017301$1.99 million$87,888$388,803
2018301$1.09 million$42,879$967,897
2019208$1.38 million$67,891$23,956
2020192$1.41 million$86,380$269,483
2021250$1.81 million$110,894$42,102

Rescare, Inc. Dba Brightspring Health Services 401(k) Contact Information

Phone
502-630-7262
Mailing address
805 WHITTINGTON PKWY, LOUISVILLE KY 40222
Plan sponsor
RES-CARE, INC. DBA BRIGHTSPRING HEALTH SERVICES
Employer identification number (EIN)
61-0875371
Plan number
003

Questions about the Rescare, Inc. Dba Brightspring Health Services 401(k)

Is the Rescare, Inc. Dba Brightspring Health Services 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Rescare, Inc. Dba Brightspring Health Services contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $110,894, 43% of all contributions.

Does the Rescare, Inc. Dba Brightspring Health Services 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Rescare, Inc. Dba Brightspring Health Services 401(k) plan?

250 participants at the start of plan year 2021, 239 of them active employees, and 85 former employees who still had money in the plan.

What is the average 401(k) balance at Rescare, Inc. Dba Brightspring Health Services?

About $9,177 per account: $1.81 million in plan assets across 197 accounts with a balance at the end of plan year 2021.

Who manages the Rescare, Inc. Dba Brightspring Health Services 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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