Plan Ledger DOL Form 5500 · updated monthly

Thoughtbot, Inc.401(k)

THOUGHTBOT, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Thoughtbot, Inc. reported $25,150 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $5,073 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 0.23% to 0.21%. 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 among the smaller plans on file in New York (3,211th of 5,648), and 7,123rd of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,910,786
Participants with balances117
Active participants61
Employer contributions$309,478
Employee contributions$706,944
Employer contribution per active participant$5,073
Average account balance$110,349
Benefits paid to participants$313,760
Plan auditUnmodified (clean) audit opinion
AuditorMORRIS & MORRIS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 117 accts · $309K emplr
2023$10.5M · 130 accts · $319K emplr
2022$8.1M · 136 accts · $312K emplr
Administrative expenses, itemized · 2024
Investment management$25,150
Total administrative$25,150
The Thoughtbot, Inc. 401(k) match · 2024
Employer contribution per active participant$5,073
Median for plans this size$2,416
2024$5,073 per active participant
2023$4,979 per active participant
2022$4,948 per active participant

Thoughtbot, Inc.'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.

Administrative cost history3
2024$25,150 · 0.21%
2023$22,383 · 0.24%
2022$21,566 · 0.23%
Similar plansProfessional & Technical Services · New York
Tcgplayer, Inc. NY$13.0M · 0.08%
Parker Waichman LLP NY$13.0M · 0.24%
Click Therapeutics, Inc. NY$12.9M · 0.11%
Applied Visions, Inc. NY$12.9M · 0.60%
RAILROAD19, Inc. NY$12.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203438204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.