Announcing BrightScope Beacon

This week BrightScope announced the launch of BrightScope Beacon, a revolutionary new way for asset managers to understand the retirement marketplace. We are proud to announce that MFS is the first asset manager to begin using the Beacon product. We are also happy to be working with the team at Mercatus Partners who are helping us refine and distribute Beacon. …

Announcing the BrightScope Personal 401k Fee Report

BrightScope is pleased to announce the launch of the Personal 401k Fee Report, a revolutionary free tool to help all 401k participants better understand the fees they are paying within their 401k plans. The tool starts by asking participants for some basic information that we need to show participants the impact of fees on their retirement balance: Next the tool …

BrightScope Hits a Major Milestone

BrightScope recently released new ratings for over 10,000 plans, and updated ratings for thousands of previously-rated plans. In so doing, we hit a major milestone: We now have over 30,000 plans rated. Our rating and analytics become more valuable to our clients and partners when there are more plans included in our system. Due to this fact, we are proud …

Announcing the BrightScope On Target Index

BrightScope is pleased to announce our partnership with Target Date Analytics and the launch of the BrightScope On Target IndexTM.  We encourage you to read today’s Press Release and related coverage: Press Release Investment News – BrightScope Launches Target Date Benchmarking Tool Associated Press – BrightScope, Target Date Analytics form new index Fund Action – BrightScope, Target Date Analytics, To …

The Plan Management Dashboard

After months of development and lots of great feedback from hundreds of plan sponsors, advisers, and consultants, BrightScope is proud to announce the launch of the Plan Management Dashboard. We believe that the Dashboard represents a giant step forward in the quest for transparency and high quality benchmarking within the defined contribution marketplace. Learn more about the Plan Management Dashboard: …

New Feature: Form 5500 Data

Each year pension plans are required to file an annual report documenting their financial condition, investments, and operations. This requirement is satisfied by filing the Form 5500 Annual Return/Report and any required attachments with the Department of Labor. While the Department of Labor makes the data contained in the Form 5500 filings “publicly available”, BrightScope understands that “publicly available” doesn’t …