Plan Ledger DOL Form 5500 · updated monthly

Thrive Causemetics, Inc.401(k)

THRIVE CAUSEMETICS, INC. 401K PLAN · BELLEVUE, WA · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Thrive Causemetics, Inc. reported $5,264 in plan administrative expenses for 2023: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,059 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 0.09% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,432nd of 1,714), and 4,096th of 5,215 in retail trade. In 2023, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,870,443
Participants with balances124
Active participants134
Employer contributions$275,971
Employee contributions$633,366
Employer contribution per active participant$2,059
Average account balance$31,213
Benefits paid to participants$265,578
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 103 accts · $226K emplr
2023$3.9M · 124 accts · $276K emplr
2022$2.2M · 123 accts · $307K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,264
Total administrative$5,264
The Thrive Causemetics, Inc. 401(k) match · 2023
Employer contribution per active participant$2,059
Median for plans this size$1,308
2024$2,194 per active participant
2023$2,059 per active participant
2022$2,493 per active participant

Thrive Causemetics, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
VESTWELL · Contract administrator · Investment advisory (plan)$5,264

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$7,194 · 0.19%
2023$5,264 · 0.17%
2022$1,625 · 0.09%
Similar plansRetail Trade · Washington
Juvo Plus Inc. WA$4.5M · 1.09%
Milam, Inc. WA$4.2M · 0.91%
Kaspien Inc. WA$4.0M · 1.02%
Sunfair Chevrolet, Inc. WA$3.4M · 0.84%
Farwest Sports Inc WA$3.3M · 1.14%
Sst Group, LLC WA$3.1M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471660680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.