Plan Ledger DOL Form 5500 · updated monthly

Thea Holdings, LLCESOP

THEA HOLDINGS EMPLOYEE STOCK OWNERSHIP PLAN · CLIFTON, NJ · plan year 2024

Employer contribution per participant · 2024
$18,342

Thea Holdings, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$41,633,563 across 128 participant accounts, with employer contributions averaging $18,342 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers.

Plan summary
Net assets, end of year-$41,633,563
Participants with balances128
Active participants110
Employer contributions$2,017,651
Employee contributions—
Employer contribution per active participant$18,342
Average account balance-$325,262
Benefits paid to participants$3,069
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$-41.6M · 128 accts · $2.0M emplr
2023$-42.8M · 139 accts · $2.0M emplr
2022$-42.3M · 147 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,826
Total administrative$1,826
Employer contributions to the Thea Holdings, LLC plan · 2024
Employer contribution per active participant$18,342
Median for plans this size$540
2024$18,342 per active participant
2023$17,885 per active participant
2022$17,201 per active participant

Thea Holdings, LLC's 2024 employer contribution ran above the $540 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported

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Source: U.S. Department of Labor, Form 5500 series, EIN 876460001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.