Plan Snapshot
- Plan Sponsor: Thrive Behavioral Health, LLC
- Sponsor EIN: 455559101
- Sponsor Address: 9627 PHILADELPHIA ROAD, ROSEDALE, MD, 21237
- Plan Type: 401(k)
- Total Participants: 357
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 357 | $9.9M | $490,069 | $859,795 |
| 2023 | 297 | $7.8M | $415,537 | $722,015 |
| 2022 | 274 | $5.7M | $352,589 | $620,245 |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS | Investment Advisor | $40,282 | — | $40,282 |
| POLLARD & ASSOCIATES, INC. | Other Service Provider | $36,923 | — | $36,923 |
| CAPTIAL BANK AND TRUST | Recordkeeper | $16,679 | — | $16,679 |
| GWLM, LLP | Auditor | $13,075 | — | $13,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CAPTIAL BANK AND TRUST — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,959
- Estimated Expense Ratio: 1.080% 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 | $104,834 | $38,907 | $36,173 | $13,075 | — |
| 2023 | $75,712 | $30,546 | $22,538 | $12,075 | — |
| 2022 | $71,199 | — | — | — | — |