# Thing5, LLC Dba Cloud5 Communications 401(k) Plan
Source: https://planprovider.pro/companies/thing5-llc-dba-cloud5-communications-plan-001

> Thing5, LLC Dba Cloud5 Communications&#39;s 401(k) plan: 151 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Thing5, LLC Dba Cloud5 Communications

- **Sponsor EIN:** 760826797

- **Sponsor Address:** 354 BIRNIE AVE., SPRINGFIELD, MA, 01107

- **Plan Type:** 401(k)

- **Total Participants:** 151

- **Total Assets:** $5.8M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|151|$5.8M|$332,020|$831,324|

| 2023|137|$5.1M|$270,887|$767,896|

| 2022|141|$3.7M|$216,375|$730,462|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CARON & BLETZER, PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CARON & BLETZER, PLLC](https://planprovider.pro/provider/caron-bletzer) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$39,155|—|$39,155|—|—|

| 2023|$28,600|—|$28,600|—|—|

| 2022|$25,186|—|$25,186|—|—|

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