Plan Snapshot
- Plan Sponsor: Thrive Operations, LLC
- Sponsor EIN: 814498230
- Sponsor Address: 25 FORBES BOULEVARD, FOXBORO, MA, 02035
- Plan Type: 401(k)
- Total Participants: 849
- Total Assets: $55.0M
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 | 849 | $55.0M | $1.2M | $5.1M |
| 2023 | 794 | $44.7M | $1.1M | $4.3M |
| 2022 | 692 | $35.1M | $804,568 | $3.3M |
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 |
|---|---|---|---|---|
| AAFCPAS, INC. | Auditor | — | — | $0 |
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 | $225,886 | $117,221 | $21,041 | — | — |
| 2023 | $186,003 | — | $186,003 | — | — |
| 2022 | $78,665 | — | — | — | $78,665 |