Plan Ledger DOL Form 5500 · updated monthly

Therapy Brands Thrive, LLC401(k)

THERAPY BRANDS 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Therapy Brands Thrive, LLC reported $136,909 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,536 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 1 year on file its reported administrative ratio fell from 0.52% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 219th-largest of 902 plans among Alabama employers on file, and the 4,001st of 11,654 in professional & technical services. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,585,777
Participants with balances665
Active participants499
Employer contributions$1,764,426
Employee contributions$3,782,961
Employer contribution per active participant$3,536
Average account balance$47,497
Benefits paid to participants$6,040,865
Plan auditUnmodified (clean) audit opinion
AuditorKASSOUF & CO
Plan history2
Yearassets · accounts · employer contribution
2024$31.6M · 665 accts · $1.8M emplr
2023$26.9M · 651 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,833
Investment management$59,076
Total administrative$136,909
The Therapy Brands Thrive, LLC 401(k) match · 2024
Employer contribution per active participant$3,536
Median for plans this size$2,416
2024$3,536 per active participant
2023$3,503 per active participant

Therapy Brands Thrive, LLC's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$77,833
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$34,582
THE ASCENT GROUP LLC · Investment advisory (plan)$18,943
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,550

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

Administrative cost history2
2024$136,909 · 0.47%
2023$101,675 · 0.52%
Same employer
Similar plansProfessional & Technical Services · Alabama
Ttl, Inc. AL$34.6M · 0.16%
A-P-T Research, Inc AL$33.1M · 0.20%
Cory Watson, P.C. AL$27.3M · 0.16%
Kassouf & Co., Inc. AL$25.1M · 0.31%
Gan Corporation AL$24.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883340006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.