Plan Ledger DOL Form 5500 · updated monthly

Common Thread Collective, Inc.401(k)

COMMON THREAD COLLECTIVE 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.70%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Common Thread Collective, Inc. reported $19,831 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $3,151 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.58% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,847th of 3,644), and 10,463rd of 11,654 in professional & technical services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has shrunk from 75 to 60 since 2022.

Plan summary
Net assets, end of year$3,219,548
Participants with balances105
Active participants60
Employer contributions$189,063
Employee contributions$427,308
Employer contribution per active participant$3,151
Average account balance$30,662
Benefits paid to participants$355,238
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 105 accts · $189K emplr
2023$2.5M · 103 accts · $168K emplr
2022$2.3M · 198 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,831
Audit (IQPA)$4,000
Total administrative$19,831
The Common Thread Collective, Inc. 401(k) match · 2024
Employer contribution per active participant$3,151
Median for plans this size$1,313
2024$3,151 per active participant
2023$3,178 per active participant
2022$4,029 per active participant

Common Thread Collective, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AT RETIREMENT SERVICES, LLC · Claims processing · Recordkeeping$4,773
FORUSALL, INC. · Contract administrator · Investment advisory (plan)$11,058
PENSION ASSURANCE LLP · Accounting / audit$4,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024AT RETIREMENT SERVICES, LLC
2023AT RETIREMENT SERVICES, LLC

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Administrative cost history3
2024$19,831 · 0.70%
2023$36,547 · 1.53%
2022$12,569 · 0.58%
All plans at this employer2
COMMON THREAD COLLECTIVE 401(K) PLAN401(k)
COMMON THREAD COLLECTIVE EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansProfessional & Technical Services · Florida
Hemmersbach US, LLC FL$3.4M · 0.80%
Target Surveying, LLC FL$3.4M · 1.03%
Healthcare Inc FL$3.3M · 0.27%
REV1 Power Services, Inc. FL$3.3M · 0.71%
Springbig, Inc. FL$3.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364809528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.