Plan Snapshot
- Plan Sponsor: Thrive Communities Management, LLC
- Sponsor EIN: 473242364
- Sponsor Address: 1518 1ST AVENUE SOUTH, SEATTLE, WA, 98134
- Plan Type: 401(k)
- Total Participants: 780
- Total Assets: $20.0M
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 | 780 | $20.0M | $1.4M | $3.4M |
| 2023 | 622 | $15.2M | $1.1M | $2.7M |
| 2022 | 520 | $10.6M | $973,598 | $2.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $103,075 | — | $103,075 |
| CAPFINANCIAL PARTNERS LLC | ADVISOR | $20,415 | — | $20,415 |
| CBIZ MHM LLC | ACCOUNTANT/AUDITOR | $16,750 | — | $16,750 |
| CBIZ CPAS PC. | Auditor | $16,750 | — | $16,750 |
| TRUTINA FINANCIAL LLC | ADVISOR | $8,940 | — | $8,940 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $165,930
- Estimated Expense Ratio: 0.830% 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 | $149,180 | $29,355 | — | $16,750 | — |
| 2023 | $120,212 | $23,705 | — | $20,365 | — |
| 2022 | $91,109 | $1,488 | — | — | — |