Plan Ledger DOL Form 5500 · updated monthly

Hackerusa, Inc. D/B/A Thrivedx401(k)

THRIVEDX 401(K) PROFIT SHARING PLAN AND TRUST · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Hackerusa, Inc. D/B/A Thrivedx reported $46,757 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,547 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 0.55% to 0.95%. 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 (2,397th of 3,644), and 9,596th of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 945 to 338 since 2022.

Plan summary
Net assets, end of year$5,506,418
Participants with balances390
Active participants338
Employer contributions$522,927
Employee contributions$928,660
Employer contribution per active participant$1,547
Average account balance$14,119
Benefits paid to participants$905,587
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 390 accts · $523K emplr
2023$4.4M · 377 accts · $580K emplr
2022$3.5M · 332 accts · $743K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,757
Total administrative$46,757
The Hackerusa, Inc. D/B/A Thrivedx 401(k) match · 2024
Employer contribution per active participant$1,547
Median for plans this size$1,313
2024$1,547 per active participant
2023$869 per active participant
2022$787 per active participant

Hackerusa, Inc. D/B/A Thrivedx's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20244
WORLD INVESTMENT ADVISORS, LLC · Investment advisory (plan)$23,769
PENSION SERVICES, INC. · Contract administrator$7,200
COTA STREET INVESTMENT MANAGEMENT · Investment management$3,252

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

Administrative cost history3
2024$46,757 · 0.95%
2023$24,092 · 0.61%
2022$13,142 · 0.55%
Same employer
Similar plansProfessional & Technical Services · Florida
Synergistix, Inc. FL$5.7M · 0.64%
Goldstein Law Group, P.A. FL$5.7M · 0.58%
Calhoun International LLC FL$5.6M · 0.68%
Algenol U.S. Inc FL$5.5M · 0.33%
Polo Logistics, LLC FL$5.4M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300997446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.