Plan Snapshot
- Plan Sponsor: Thrive Business Development
- Sponsor EIN: 830633811
- Sponsor Address: 2037 W. BULLARD STE 156, FRESNO, CA, 93711
- Plan Type: 401(k)
- Total Participants: 259
- Total Assets: $240,617
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 | 259 | $240,617 | $0 | $104,859 |
| 2023 | 175 | $178,037 | $0 | $112,040 |
| 2022 | 140 | $90,843 | $0 | $86,705 |
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 |
|---|---|---|---|---|
| BDG-CPAS - BEN SUIDA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDG-CPAS - BEN SUIDA — 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 | $5,751 | — | $5,751 | — | — |
| 2023 | $5,518 | — | $5,518 | — | — |
| 2022 | $2,865 | — | $2,865 | — | — |