Plan Ledger DOL Form 5500 · updated monthly

Thrive Global Holdings, Inc401(k)

THRIVE GLOBAL HOLDINGS, INC. RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Thrive Global Holdings, Inc reported $28,325 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $4,411 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 0.47% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,799th of 5,648), and 6,152nd of 11,911 in health care & social assistance. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,724,079
Participants with balances188
Active participants130
Employer contributions$573,445
Employee contributions$1,364,322
Employer contribution per active participant$4,411
Average account balance$46,405
Benefits paid to participants$1,324,742
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 188 accts · $573K emplr
2023$6.9M · 192 accts · $610K emplr
2022$5.0M · 193 accts · $587K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,325
Total administrative$28,325
The Thrive Global Holdings, Inc 401(k) match · 2024
Employer contribution per active participant$4,411
Median for plans this size$1,313
2024$4,411 per active participant
2023$5,863 per active participant
2022$4,732 per active participant

Thrive Global Holdings, Inc's 2024 employer contribution ran above the $1,313 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 · 20241

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$28,325 · 0.36%
2023$27,263 · 0.46%
2022$22,201 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · New York
Gateway-Longview, Inc. NY$8.8M · 0.93%
Seafield Center, Inc. NY$8.8M · 0.04%
Forrest Solutions Inc NY$8.6M · 0.34%
Mercy Flight, Inc. NY$8.5M · 0.66%
Urban Pathways, Inc. NY$8.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813301652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.