Plan Ledger DOL Form 5500 · updated monthly

Thoma Bravo, L.P.401(k)

THOMA BRAVO 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Thoma Bravo, L.P. reported $70,985 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $11,731 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 fell from 0.43% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,081st-largest of 3,702 plans among Illinois employers on file, and the 360th of 2,534 in administrative & support services. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 137 to 185 since 2022.

Plan summary
Net assets, end of year$40,697,219
Participants with balances242
Active participants185
Employer contributions$2,170,165
Employee contributions$3,030,024
Employer contribution per active participant$11,731
Average account balance$168,170
Benefits paid to participants$1,169,786
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.7M · 242 accts · $2.2M emplr
2023$30.9M · 201 accts · $1.6M emplr
2022$22.0M · 157 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,279
Investment management$33,706
Total administrative$70,985
The Thoma Bravo, L.P. 401(k) match · 2024
Employer contribution per active participant$11,731
Median for plans this size$2,416
2024$11,731 per active participant
2023$9,204 per active participant
2022$9,770 per active participant

Thoma Bravo, L.P.'s 2024 employer contribution ran above the $2,416 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 · 20242
CREATIVE PLANNING, LLC · Investment management$33,706

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$70,985 · 0.20%
2023$58,407 · 0.22%
2022$97,523 · 0.43%
Same employer
Similar plansAdministrative & Support Services · Illinois
Entact, LLC IL$52.9M · 0.29%
Medhq, LLC IL$45.4M · 0.87%
Set Environmental, Inc. IL$44.0M · 0.46%
Evolvehr V, Inc. IL$40.6M · 0.45%
Lessen LLC IL$40.1M · 0.62%
Staff Management, Inc. IL$32.8M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261416963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.