Plan Ledger DOL Form 5500 · updated monthly

Thrift Books Global, LLC401(k)

THRIFTBOOKS 401(K) PLAN · TUKWILA, WA · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Thrift Books Global, LLC reported $76,150 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $378 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 1.77% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,197th of 1,714), and 3,149th of 5,215 in retail trade. In 2024, employees put in $6.42 for every $1.00 the employer contributed; active participation has grown from 678 to 761 since 2022.

Plan summary
Net assets, end of year$7,590,417
Participants with balances804
Active participants761
Employer contributions$287,349
Employee contributions$1,845,530
Employer contribution per active participant$378
Average account balance$9,441
Benefits paid to participants$530,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 804 accts · $287K emplr
2023$5.3M · 750 accts · $274K emplr
2022$3.2M · 650 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,532
Investment management$45,618
Total administrative$76,150
The Thrift Books Global, LLC 401(k) match · 2024
Employer contribution per active participant$378
Median for plans this size$1,313
2024$378 per active participant
2023$368 per active participant
2022$315 per active participant

Thrift Books Global, LLC's 2024 employer contribution ran below the $1,313 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.

Service providers · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$76,150

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,150 · 1.18%
2023$64,692 · 1.53%
2022$51,818 · 1.77%
Same employer
Similar plansRetail Trade · Washington
Jollys Pharmacy, Inc. WA$7.9M · 0.49%
Netrush, LLC WA$7.8M · 0.07%
Wyze Labs, Inc WA$7.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474432949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.