401(k) · DOL Form 5500 · 2023

Thrive Communities Management, LLC 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
520
Participants Below avg headcount
67th
Percentile by assets National rank
$29,160
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Thrive Communities 401(k) Plan · Sponsored by Thrive Communities Management, LLC · Washington · Real Estate

$15M in assets, 520 participants

Thrive Communities Management, LLC's Thrive Communities 401(k) Plan reported $15M in total assets and 520 participants in its 2023 DOL Form 5500 filing, ranking in the 67th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,909 in Real Estate (4,727 peers)

Coverage in Washington

Thrive Communities 401(k) Plan covers 520 participants in Washington, about 35% of the average Washington filer (state average ~1,476 per filing). Assets: $15M.

#3,909
in Real Estate (4,727 peers)
+43.6%
assets growth YoY

Thrive Communities 401(k) Plan's outsized position by total assets

Thrive Communities 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$15,163,281 Top 33% higher than 67% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Thrive Communities 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thrive Communities 401(k) Plan sits mid-pack in the medium band (520 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thrive Communities 401(k) Plan reported net income rose from $402K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Thrive Communities 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Thrive Communities 401(k) Plan reported participants rose from 446 in the plan year 2022 filing to 520 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 473242364 · Thrive Communities Management, LLC PY 2023 · 401(k)

Thrive Communities 401(k) Plan · $15M · 520 · 67th

  • NET $15M
  • BOOK 520
  • VS-ST 67th
  • BOY 401(k)
  • SCH near Crossmedia 401(k) Plan
  • EBSA ind #3909

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in Washington →

Thrive Communities 401(k) Plan in the asset neighbourhood

Thrive Communities 401(k) PlanThrive Communities 401(k) Pl…$15MCrossmedia 401(k) Plan$15MTriten Corporation 401(k) Profit Sharing PlanTriten Corporation 401(k) Pr…$15MBoardwalk Ig 401(k) Plan$15MMalaga Bank 401(k) Savings and Retirement PlanMalaga Bank 401(k) Savings a…$15M
End-of-year total assets ($M) among Thrive Communities 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$15M
Net Income$5M
Employer EIN473242364
Plan Effective Date2019-11-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Thrive Communities Management, LLC)

Sponsor-wide plan assets over time

All Thrive Communities Management, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$20M 89.35432400264625% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $10.6M $20M ▲ +89.4%
Year Plans Participants Total Assets
2022 1 446 $11M
2023 1 520 $15M
2024 1 622 $20M

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Thrive Communities 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Thrive Communities 401(k) Plan, Total assets ($B): 0.015163281 · Participants: 520Thrive Communities 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Thrive Communities 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Thrive Communities 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Crossmedia 401(k) Plan in NY ($15M); by covered participants it is Gutchess Companies 401(k) Savings Plan in NY (520 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (520 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Thrive Communities 401(k) Plan assets move in 2023?
Thrive Communities 401(k) Plan surged - up 43.6% during 2023, from $11M to $15M. Reported net income was $5M.
How have Thrive Communities Management, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Thrive Communities Management, LLC's sponsor-wide assets grew 89.4%, from $11M to $20M.
Which 401(k) plans are similar in size to Thrive Communities 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Crossmedia 401(k) Plan in NY ($15M, 277 participants).
Which 401(k) plans cover a similar participant headcount to Thrive Communities 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Gutchess Companies 401(k) Savings Plan in NY (520 participants, $40M in assets).