Plan Ledger DOL Form 5500 · updated monthly

Thrasio, LLC401(k)

THRASIO 401(K) PLAN · WALPOLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Thrasio, LLC reported $29,145 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $12 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 0.02% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,184th-largest of 2,726 plans among Massachusetts employers on file, and the 1,297th of 5,215 in retail trade. In 2024, employees put in $1512.06 for every $1.00 the employer contributed; active participation has shrunk from 1,267 to 204 since 2022.

Plan summary
Net assets, end of year$23,139,758
Participants with balances509
Active participants204
Employer contributions$2,370
Employee contributions$3,583,591
Employer contribution per active participant$12
Average account balance$45,461
Benefits paid to participants$6,956,295
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 509 accts · $2K emplr
2023$21.8M · 649 accts · $260 emplr
2022$14.0M · 749 accts · $5K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,597
Investment management$4,548
Total administrative$29,145
The Thrasio, LLC 401(k) match · 2024
Employer contribution per active participant$12
Median for plans this size$2,416
2024$12 per active participant
2023$1 per active participant
2022$4 per active participant

Thrasio, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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$29,145 · 0.13%
2023$16,070 · 0.09%
2022$2,279 · 0.02%
Same employer
Similar plansRetail Trade · Massachusetts
Woburn Foreign Motors, Inc. MA$24.7M · 0.73%
Devaney Energy, Inc. MA$24.3M · 0.17%
Daniel J. Quirk, Inc. MA$23.9M · 0.59%
Energy North, Inc. MA$23.7M · 0.45%
Stoneham Motors Co., Inc. MA$23.1M · 0.44%
Primark US Corp. MA$22.7M · 0.49%
Yale Appliance MA$22.5M · 0.22%
Winston Brothers, Inc. MA$22.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825434692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.