Plan Snapshot
- Plan Sponsor: Thredup INC.
- Sponsor EIN: 264009181
- Sponsor Address: 969 BROADWAY SUITE 200, OAKLAND, CA, 94607
- Plan Type: 401(k)
- Total Participants: 1,164
- Total Assets: $18.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,164 | $18.5M | $0 | $3.8M |
| 2023 | 1,497 | $15.3M | $1,154 | $4.2M |
| 2022 | 1,308 | $10.2M | $0 | $4.1M |
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 |
|---|---|---|---|---|
| MMA SECURITIES | ADVISOR | $39,845 | — | $39,845 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $26,287 | — | $26,287 |
| BPM LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BPM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,132
- Estimated Expense Ratio: 0.357% of plan assets
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 | $67,250 | $40,963 | — | — | — |
| 2023 | $97,940 | $29,459 | — | — | — |
| 2022 | $61,330 | $17,105 | — | — | — |