Press Releases
BrightScope Releases The Top 10 Sacramento Area-Based Companies With The Best 401k Plans
Companies Ranging from Medical Groups to Newspaper Services are Apart of the Region's List
"The BrightScope Rating shows companies what they are doing right and how they can improve, which is something that's not offered anywhere else," said Mike Alfred, CEO and co-founder of BrightScope. "The companies on the Sacramento list are taking the steps needed to deliver a strong 401k plan to their employees." Download PDF
"The BrightScope Rating shows companies what they are doing right and how they can improve, which is something that's not offered anywhere else," said Mike Alfred, CEO and co-founder of BrightScope. "The companies on the Sacramento list are taking the steps needed to deliver a strong 401k plan to their employees." Download PDF
BrightScope Uncovers The Top 10 Tampa Area-Based Companies With The Best 401k Plan
The Diversity of Businesses Proves that Providing a Well-Balanced 401k Plan for Employees is Possible in Any Industry
"Variations in 401k plans such as the company generosity, menu quality and the amount paid in fees, have a significant impact on a plan's success over the course of a participant's career," said Mike Alfred, CEO of BrightScope. "The Tampa area companies on the Top 10 list have well managed plans, which in the long-run will translate into an earlier, more successful retirement for enrolled employees." Download PDF
"Variations in 401k plans such as the company generosity, menu quality and the amount paid in fees, have a significant impact on a plan's success over the course of a participant's career," said Mike Alfred, CEO of BrightScope. "The Tampa area companies on the Top 10 list have well managed plans, which in the long-run will translate into an earlier, more successful retirement for enrolled employees." Download PDF
BrightScope Names The Top 10 Detroit Area-Based Companies With The Best 401k Plans
Transportation Companies in the Region Dominate the List, Including: General Motors Corporation, Lear Corporation and Ford Motor Company
"Over the past few years, workers across the country have been hit hard by the financial crisis and employer mismanagement of 401k plans," said Mike Alfred, CEO of BrightScope. "By taking time to fully understand the components of their 401k plan, the Detroit-area companies on the Top 10 List prove that they value the financial well-being of the people that work so hard to make their businesses successful." Download PDF
"Over the past few years, workers across the country have been hit hard by the financial crisis and employer mismanagement of 401k plans," said Mike Alfred, CEO of BrightScope. "By taking time to fully understand the components of their 401k plan, the Detroit-area companies on the Top 10 List prove that they value the financial well-being of the people that work so hard to make their businesses successful." Download PDF
BrightScope Identifies The Top 10 Portland Area-Based Companies With The Best 401k Plans
Nike, Inc., PacifiCorp, Tektronix, Inc. and Portland General Electric Are Included in The List
"By analyzing the structure of 401k plans, BrightScope is able to help sponsors and employees more easily comprehend their plan's strengths and opportunities for improvement," said Mike Alfred, CEO of BrightScope. "Because plan ranking directly correlates to its participants' chance of achieving a successful retirement, the fact that these Portland area companies rank highly shows that they are doing their part to ensure their employees' financial future." Download PDF
"By analyzing the structure of 401k plans, BrightScope is able to help sponsors and employees more easily comprehend their plan's strengths and opportunities for improvement," said Mike Alfred, CEO of BrightScope. "Because plan ranking directly correlates to its participants' chance of achieving a successful retirement, the fact that these Portland area companies rank highly shows that they are doing their part to ensure their employees' financial future." Download PDF
BrightScope Names The Top 10 Minneapolis Area-Based Companies With The Best 401k Plans
The Mosaic Company, Fair Isaac Corporation, Imation Corp. and St. Jude Medical Inc. Provide Employees with Highest Rated Plans and the Best Path to Successful Retirement
"The diversity of the companies in the Minneapolis area validates the fact that companies in all industries have the ability to provide employees with the foundation for a successful retirement," said Mike Alfred, CEO and co-founder of BrightScope. "Our ultimate goal is to provide every plan sponsor and participant a window into the structure of their 401k plan, and empower those with inadequate plans to push for change." Download PDF
"The diversity of the companies in the Minneapolis area validates the fact that companies in all industries have the ability to provide employees with the foundation for a successful retirement," said Mike Alfred, CEO and co-founder of BrightScope. "Our ultimate goal is to provide every plan sponsor and participant a window into the structure of their 401k plan, and empower those with inadequate plans to push for change." Download PDF
BrightScope Announces The Top 10 Denver Area-Based Companies With The Best 401k Plans
Notable Companies Include Time Warner Telecom Holdings, Inc., The Western Union Company and CH2M HILL Companies, Ltd.
"Denver is home to many great companies and we're pleased to recognize the companies that made our Top 10 List," said Mike Alfred, CEO and co-founder of BrightScope. "We hope that those companies that are looking to improve their 401k structure will emulate the companies we've highlighted to date." Download PDF
"Denver is home to many great companies and we're pleased to recognize the companies that made our Top 10 List," said Mike Alfred, CEO and co-founder of BrightScope. "We hope that those companies that are looking to improve their 401k structure will emulate the companies we've highlighted to date." Download PDF
CalSTRS Selects the BrightScope On Target Indexes to Strengthen Its Target Date Funds
CalSTRS will use the indexes to benchmark target date fund performance and risk
SAN DIEGO, CA, July 14, 2010 –– BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced that the California State Teachers' Retirement System (CalSTRS) has chosen the BrightScope On Target Index to benchmark its target date portfolios, and analyze the CalSTRS Pension2® Easy Choice Portfolios... Download PDF
SAN DIEGO, CA, July 14, 2010 –– BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced that the California State Teachers' Retirement System (CalSTRS) has chosen the BrightScope On Target Index to benchmark its target date portfolios, and analyze the CalSTRS Pension2® Easy Choice Portfolios... Download PDF
BrightScope Reveals The Top 10 Dallas Area-Based Companies With The Best 401k Plans
The Travel Industry Dominates the List with Southwest Airlines Co., American Airlines, Inc., and Sabre Inc.
"The Dallas based companies included in the region's Top 10 List exemplify what companies should strive for to ensure their employees have a prosperous retirement," said Mike Alfred, CEO and co-founder of BrightScope. "If employers took into account the importance of all the individual components that make up the 401k plan the financial future of America’s workforce would be exponentially more secure." Download PDF
"The Dallas based companies included in the region's Top 10 List exemplify what companies should strive for to ensure their employees have a prosperous retirement," said Mike Alfred, CEO and co-founder of BrightScope. "If employers took into account the importance of all the individual components that make up the 401k plan the financial future of America’s workforce would be exponentially more secure." Download PDF
BrightScope Discloses The Top 10 Seattle Area-Based Companies With The Best 401k Plans
Law Firms Davis Wright Tremaine, LLP and Perkins Coie, LLP Top the Chart While Alaska Airlines, Inc. and Microsoft Corporation Rate Highly
"Similar to BrightScope's goal of providing value and insight into America's workplace, these Seattle companies solidify their dedication and commitment to their employees by offering some of the best 401k plans in the area," said Mike Alfred, CEO and co-founder of BrightScope. "We are pleased to recognize such companies for the positive impact they are making on the financial futures of their employees." Download PDF
"Similar to BrightScope's goal of providing value and insight into America's workplace, these Seattle companies solidify their dedication and commitment to their employees by offering some of the best 401k plans in the area," said Mike Alfred, CEO and co-founder of BrightScope. "We are pleased to recognize such companies for the positive impact they are making on the financial futures of their employees." Download PDF
BrightScope Reveals The Top 10 Philadelphia Area-Based Companies With The Best 401k Plans
Companies Include: Penn Mutual Life Insurance Company, Cephalon, Inc., and The Vanguard Group
"The diversity in Philadelphia's Top 10 List proves that great 401k plans can be implemented in any type of business," said Mike Alfred, CEO and co-founder of BrightScope. "Every company should be focused on the components that make up its plan in order to maximize their employee's chance of a successful retirement." Download PDF
"The diversity in Philadelphia's Top 10 List proves that great 401k plans can be implemented in any type of business," said Mike Alfred, CEO and co-founder of BrightScope. "Every company should be focused on the components that make up its plan in order to maximize their employee's chance of a successful retirement." Download PDF
BrightScope Recognizes The Top 10 Phoenix Area-Based Companies With The Highest Rated 401k Plans
US Airways, Inc., Avnet, Inc., RSC Equipment Rental, Inc. and Banner Health are Just Some of the Companies Topping the List
"We continue to announce the Top 10 companies in various markets because we are committed to help employers and employees from large to small businesses establish and maintain a healthy retirement plan," said Mike Alfred, CEO and co-founder of BrightScope. "Whether you are 55 or 25 it's never too late to focus on the big picture of retirement." Download PDF
"We continue to announce the Top 10 companies in various markets because we are committed to help employers and employees from large to small businesses establish and maintain a healthy retirement plan," said Mike Alfred, CEO and co-founder of BrightScope. "Whether you are 55 or 25 it's never too late to focus on the big picture of retirement." Download PDF
BrightScope Names The Top 10 San Diego Area-Based Companies With The Highest Rated 401k Plans
Medical, Energy and Technology Companies in the Region Dominate the List, Including: Scripps Clinic Medial Group, Sempra Energy and Qualcomm Incorporated
"As a native of San Diego, I would like to extend my gratitude to companies on BrightScope's Top 10 List for offering the very best benefits to their local employees," said Mike Alfred, the CEO of BrightScope. "There is room for tremendous growth in the county as we currently have more than $50 million of available salaried jobs in the software industry alone. There is a great need of talented software developers and engineers such as the folks behind BrightScope, which has established itself as the industry standard 401k quality rating and a leader in San Diego's growing analytics cluster." Download PDF
"As a native of San Diego, I would like to extend my gratitude to companies on BrightScope's Top 10 List for offering the very best benefits to their local employees," said Mike Alfred, the CEO of BrightScope. "There is room for tremendous growth in the county as we currently have more than $50 million of available salaried jobs in the software industry alone. There is a great need of talented software developers and engineers such as the folks behind BrightScope, which has established itself as the industry standard 401k quality rating and a leader in San Diego's growing analytics cluster." Download PDF
BrightScope Identifies The Top 10 Boston Area-Based Companies With The Highest Rated 401k Plans
Companies Include: Wellington Management Company, Waters Corporation and Boston Consulting Group
"With a strong economy, and a diverse workforce, Boston is home to successful companies like the ones listed on our Top 10 list," said Mike Alfred, CEO and co-founder of BrightScope. "In this new era of 401k transparency, BrightScope is providing great companies with the data and analytics they need to operate the very best benefits plans." Download PDF
"With a strong economy, and a diverse workforce, Boston is home to successful companies like the ones listed on our Top 10 list," said Mike Alfred, CEO and co-founder of BrightScope. "In this new era of 401k transparency, BrightScope is providing great companies with the data and analytics they need to operate the very best benefits plans." Download PDF
BrightScope Reveals The Top 10 Bay Area-Based Companies With The Highest Rated 401k Plans
Chevron Takes the No.1 Spot While Leaders Like Google, Genentech, Charles Schwab and Sun Microsystems Round Out the List
"Retirement plans are complicated. The majority of Americans who rely on the 401k for retirement savings have very little idea of how their plan is performing," said Eddie Alfred, Vice President, Research and Data, of BrightScope. "But the BrightScope Rating has come to the rescue, serving as the industry standard for 401k quality and as a vital resource for both participants and decision-makers." Download PDF
"Retirement plans are complicated. The majority of Americans who rely on the 401k for retirement savings have very little idea of how their plan is performing," said Eddie Alfred, Vice President, Research and Data, of BrightScope. "But the BrightScope Rating has come to the rescue, serving as the industry standard for 401k quality and as a vital resource for both participants and decision-makers." Download PDF
BrightScope Reveals The Top 10 Houston-Based Companies With The Best 401k Plans
Notable Companies Include: Exxon Mobil Corporation, Reliant Energy, Inc., Huntsman International LLC and Continental Airlines, Inc
SAN DIEGO, Calif. (May 25, 2010) – BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced the Top 10 Houston-based companies with the highest ranked 401k plans containing more than $100 million in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry... Download PDF
SAN DIEGO, Calif. (May 25, 2010) – BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced the Top 10 Houston-based companies with the highest ranked 401k plans containing more than $100 million in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry... Download PDF
BrightScope Reveals The Top 10 Washington, D.C.-Based Companies With The Best 401k Plans
Notable Companies Include: Lockheed Martin Corporation, Federal Home Mortgage Corporation and Financial Industry Regulatory Authority, Inc.
"It's important for us to highlight and praise those companies that are going above and beyond when it comes to their 401k plan," said Mike Alfred, CEO and co-founder of BrightScope. "We're pleased to recognize these well-known D.C.-based companies and the notable mentions like AARP and Capital One." Download PDF
"It's important for us to highlight and praise those companies that are going above and beyond when it comes to their 401k plan," said Mike Alfred, CEO and co-founder of BrightScope. "We're pleased to recognize these well-known D.C.-based companies and the notable mentions like AARP and Capital One." Download PDF
BrightScope Reveals The Top 10 Atlanta-Based Companies With The Best 401k Plans
BrightScope and Michael Kane to Host 401k Focused Seminar: Attributes of Top Rated 401K Plans
"We're pleased to announce the Top 10 companies with the best 401k plans in the Atlanta area, and we are looking forward to detailing this list and the BrightScope Rating during the upcoming seminar," said Mike Alfred, CEO and co-founder of BrightScope. "Attendees will learn how top plan sponsors design and run their plans, and what they can do to improve their own plan's BrightScope Rating." Download PDF
"We're pleased to announce the Top 10 companies with the best 401k plans in the Atlanta area, and we are looking forward to detailing this list and the BrightScope Rating during the upcoming seminar," said Mike Alfred, CEO and co-founder of BrightScope. "Attendees will learn how top plan sponsors design and run their plans, and what they can do to improve their own plan's BrightScope Rating." Download PDF
BrightScope Announces The Top 10 Chicago-Based Companies With The Best 401k Plans
United Airlines Secures No.1 Spot While The Boeing Company Rounds Out the List at No. 10
"It is encouraging to see that companies, regardless of the number of participants, are actively evaluating their plans to make certain that they are effectively helping employees reach their retirement objectives," said Mike Alfred, CEO and co-founder of BrightScope. "Many of the companies that use our data have made small improvements to their plans that will lead to huge financial gains over time." Download PDF
"It is encouraging to see that companies, regardless of the number of participants, are actively evaluating their plans to make certain that they are effectively helping employees reach their retirement objectives," said Mike Alfred, CEO and co-founder of BrightScope. "Many of the companies that use our data have made small improvements to their plans that will lead to huge financial gains over time." Download PDF
BrightScope Announces The Top 10 Los Angeles-Based Companies With The Best 401k Plans
Los Angeles is the Second City Featured in BrightScope’s Top 10 Series
SAN DIEGO, CA, April 27, 2010 –– BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced the Top 10 Los Angeles-based companies with the highest ranked 401k plans containing more than $100 million in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry. Download PDF
SAN DIEGO, CA, April 27, 2010 –– BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced the Top 10 Los Angeles-based companies with the highest ranked 401k plans containing more than $100 million in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry. Download PDF
BrightScope Identifies Top 10 New York-Based Companies With The Best 401k Plans
Company to Issue Additional Top 10 401k Ratings Lists Nationwide
SAN DIEGO, CA, April 21, 2010 –– BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced the Top 10 New York-based companies with the highest ranked 401k plans containing more than $100 million in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry... Download PDF
SAN DIEGO, CA, April 21, 2010 –– BrightScope (www.brightscope.com), the leading independent provider of retirement plan ratings, today announced the Top 10 New York-based companies with the highest ranked 401k plans containing more than $100 million in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry... Download PDF
BrightScope Partners With Acceleration Retirement To Create Most Powerful Prospecting Solution Ever For Retirement Plan Advisors
Plan Advisors Will Now Have Unprecedented Capability to Broaden Customer Base.
San Diego, CA (March 9, 2009) - BrightScope (www.brightscope.com), a leading provider of independent retirement plan ratings and investment research, today announced a strategic partnership with Acceleration Retirement (www.accelerationretirement.com), a respected provider of practice management, marketing, and lead generation services for advisors. The joint effort creates the most complete end-to-end prospecting and client acquisition solution for retirement plan advisors ever assembled... Download PDF
San Diego, CA (March 9, 2009) - BrightScope (www.brightscope.com), a leading provider of independent retirement plan ratings and investment research, today announced a strategic partnership with Acceleration Retirement (www.accelerationretirement.com), a respected provider of practice management, marketing, and lead generation services for advisors. The joint effort creates the most complete end-to-end prospecting and client acquisition solution for retirement plan advisors ever assembled... Download PDF
Consumers Get First-Ever Look at 401k Fees With Personal 401k Fee Report
BrightScope Shows Millions of Americans with 401k Plans Exactly How Much They Are Paying in Retirement Fees. For Free.
San Diego CA (January 19, 2010) - BrightScope (www.brightscope.com), a leading provider of independent retirement plan ratings and investment research, today launched its Personal 401k Fee Report. For the first time ever, 401k plan participants can easily figure out exactly how much they are paying in fees, with more than 30,000 rated plans, in as little as two minutes... Download PDF
San Diego CA (January 19, 2010) - BrightScope (www.brightscope.com), a leading provider of independent retirement plan ratings and investment research, today launched its Personal 401k Fee Report. For the first time ever, 401k plan participants can easily figure out exactly how much they are paying in fees, with more than 30,000 rated plans, in as little as two minutes... Download PDF
BrightScope Releases The 2009 Top 30 401k Plans List
Lockheed Martin, Southwest Airlines, IBM, FedEx, Bayer, and Chevron are Among the Top 401k Plans in BrightScope's First Year-End Ratings List
San Diego CA (December 8, 2009) - BrightScope (www.brightscope.com), a leading provider of independent retirement plan ratings and investment research, is proud to announce its first BrightScope Year-End Top 30 Ratings List covering 401k plans with more than $1B in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and recordkeepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry... Download PDF
San Diego CA (December 8, 2009) - BrightScope (www.brightscope.com), a leading provider of independent retirement plan ratings and investment research, is proud to announce its first BrightScope Year-End Top 30 Ratings List covering 401k plans with more than $1B in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and recordkeepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry... Download PDF
401k Ratings Firm BrightScope Partners with Target Date Analytics to Unveil the BrightScope On Target Index
Partnership Enables BrightScope to Establish a National Standard Target Date Benchmark for the 401k Industry - to Help Millions of Americans Retire on Time
San Diego CA (November 2, 2009) - BrightScope (www.brightscope.com), today announced a strategic partnership with Target Date Analytics LLC (www.ontargetindex.com), a consulting and research firm that designs target date fund indexes. Together they announce the BrightScope On Target Index, designed to assist 401k plan sponsors, advisors and participants in measuring the performance and risk attributes of their target date funds... Download PDF
San Diego CA (November 2, 2009) - BrightScope (www.brightscope.com), today announced a strategic partnership with Target Date Analytics LLC (www.ontargetindex.com), a consulting and research firm that designs target date fund indexes. Together they announce the BrightScope On Target Index, designed to assist 401k plan sponsors, advisors and participants in measuring the performance and risk attributes of their target date funds... Download PDF
BrightScope Welcomes Leading 401k Executive Michael Falcon as Advisor
Leading 401k ratings and analytics firm taps Merrill Lynch Retirement Group veteran to improve country's retirement
New York, NY - FINOVATE, September 29, 2009 - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced that Michael Falcon, a recognized leader in the retirement industry, has joined its Advisory Board and will serve in an ongoing capacity as an Advisor to the company and its executives. The decision cements BrightScope's role as a game-changer and leader in the retirement planning industry... Download PDF
New York, NY - FINOVATE, September 29, 2009 - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced that Michael Falcon, a recognized leader in the retirement industry, has joined its Advisory Board and will serve in an ongoing capacity as an Advisor to the company and its executives. The decision cements BrightScope's role as a game-changer and leader in the retirement planning industry... Download PDF
BrightScope Launches Advisor Central to Provide 401k Plan Advisors and Consultants Tools to Identify and Service Plans
New Product Gives Advisors All They Need to Successfully Get Plan Participants to Retirement
New York, NY - FINOVATE, September 29, 2009 - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced the launch of Advisor Central 1.0, adding an advisor and consultant optimized interface to its unique suite of 401k-based products. Brightscope now enables advisors and consultants to search by critical plan design and investment criteria among over 12,000 data rich plan evaluations to find new plan sponsor clients in need of their services and to provide the best possible advice to those clients... Download PDF
New York, NY - FINOVATE, September 29, 2009 - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced the launch of Advisor Central 1.0, adding an advisor and consultant optimized interface to its unique suite of 401k-based products. Brightscope now enables advisors and consultants to search by critical plan design and investment criteria among over 12,000 data rich plan evaluations to find new plan sponsor clients in need of their services and to provide the best possible advice to those clients... Download PDF
401k Ratings Firm BrightScope Secures $2 Million in Series B Funding
Investment Round Led by Jim Caccavo to Bring Greater Transparency to the 401k Industry
San Diego CA (Sept 02, 2009) - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced that the company has raised $2 million in Series B funding, led by an angel investment from Jim Caccavo of Steelpoint Capital Partners. He is joined in the investment by a group of experienced operating executives as well as principals of several hedge funds and private equity firms. BrightScope will use the capital to build out its unparalleled database of 401k plan data and analytics, and further develop its robust suite of products and services. The company and its offerings enhance transparency of 401k plan performance and fees for plan sponsors, advisors and participants...
San Diego CA (Sept 02, 2009) - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced that the company has raised $2 million in Series B funding, led by an angel investment from Jim Caccavo of Steelpoint Capital Partners. He is joined in the investment by a group of experienced operating executives as well as principals of several hedge funds and private equity firms. BrightScope will use the capital to build out its unparalleled database of 401k plan data and analytics, and further develop its robust suite of products and services. The company and its offerings enhance transparency of 401k plan performance and fees for plan sponsors, advisors and participants...
BrightScope Launches 401k Plan Management Dashboard to Shed Light Into the Future of American Retirement
Groundbreaking Web Application for Plan Sponsors and Their Advisors Aims to Improve 401k Performance for Small to Large Companies
San Diego, CA (July 29, 2009) - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced the launch of its Plan Management Dashboard, a new groundbreaking Web application for 401k decision makers at companies of every size, from small businesses to the Fortune 100. The Plan Management Dashboard benchmarks a plan's BrightScope Rating(TM) and all six component Ratings against a group of similar companies, enables viewing and verification of the underlying data and calculations, and provides for direct plan to plan comparisons - an industry first in an otherwise opaque 401k marketplace. The Plan Management Dashboard uses real data, from real plans - not survey data or other less precise methods... Download PDF
San Diego, CA (July 29, 2009) - BrightScope (www.brightscope.com), a 401k ratings and analytics firm, today announced the launch of its Plan Management Dashboard, a new groundbreaking Web application for 401k decision makers at companies of every size, from small businesses to the Fortune 100. The Plan Management Dashboard benchmarks a plan's BrightScope Rating(TM) and all six component Ratings against a group of similar companies, enables viewing and verification of the underlying data and calculations, and provides for direct plan to plan comparisons - an industry first in an otherwise opaque 401k marketplace. The Plan Management Dashboard uses real data, from real plans - not survey data or other less precise methods... Download PDF
BrightScope Flooded with 401k Data Uploads from Plan Sponsors
San Diego, CA (April 2, 2009) - BrightScope, an online 401k ratings company, announced today that its public disclosure website (www.brightscope.com) has been flooded with 401k data uploads from plan sponsors and participants. In celebration of Employee Benefits Day, BrightScope encourages all employers and employees to upload documents and data about their plan so that the plan can be rated. Uploading information is free, as is the resulting 'score' BrightScope issues following its analysis of data received...
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BrightScope Launches First Online 401k Rating System and 401k Ratings Disclosure Website
San Diego, CA (January 29, 2009) - BrightScope, Inc. (www.brightscope.com), an independent data analytics firm that provides 401k ratings and financial intelligence to plan sponsors and participants in all 50 states, today announced the launch of their 401k ratings disclosure website featuring the BrightScope RatingTM, the nation's first online 401k rating system. The new BrightScope Rating debuted today at the 2009 Los Angeles Benefits Conference, co-sponsored by the Internal Revenue Service (IRS), the American Society of Pension Professionals & Actuaries (ASPPA) and the National Institute of Pension Administrators (NIPA)...
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