Plan Ledger DOL Form 5500 · updated monthly

Thrive Market, Inc.401(k)

THRIVE MARKET, INC. 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Thrive Market, Inc. reported $76,365 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.40% to 0.79%. 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 California (5,099th of 9,483), and the 2,371st of 5,215 in retail trade. active participation has grown from 741 to 946 since 2022.

Plan summary
Net assets, end of year$11,411,967
Participants with balances936
Active participants946
Employer contributions$0
Employee contributions$2,834,094
Employer contribution per active participant$0
Average account balance$12,192
Benefits paid to participants$1,097,673
Plan auditUnmodified (clean) audit opinion
AuditorHOLTHOUSE CARLIN & VAN TRIGT, L
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 936 accts
2023$7.9M · 802 accts
2022$4.3M · 540 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,582
Investment management$4,783
Total administrative$76,365
The Thrive Market, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Thrive Market, Inc.'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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$4,783

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$76,365 · 0.79%
2023$43,228 · 0.70%
2022$16,426 · 0.40%
Same employer
Similar plansRetail Trade · California
Lee's Pet Club, Inc. CA$11.6M · 0.03%
Central Valley Automotive CA$11.4M · 0.70%
Rogers Jewelry Company CA$11.4M · 0.37%
Fashionphile Group, LLC CA$11.1M · 0.95%
Interstate Oil Co. CA$11.1M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463408763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.