401(k) · DOL Form 5500 · 2023

Thrive Counseling LLC 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
1,797
Participants Near avg headcount
78th
Percentile by assets National rank
$14,943
Avg per participant Low balance/head
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Official DOL plan name: Thriveworks 401(k) Plan · Sponsored by Thrive Counseling LLC · Virginia · Healthcare & Social Assistance

$27M in assets, 1,797 participants

Thrive Counseling LLC's Thriveworks 401(k) Plan reported $27M in total assets and 1,797 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #14,327 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Thriveworks 401(k) Plan covers 1,797 participants in Virginia, 2.3x the typical Virginia plan (state average ~782 per filing). Assets: $27M.

#14,327
in Healthcare & Social Assistance (17,684 peers)
+88.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

Thriveworks 401(k) Plan vs every filed plan by assets

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

$26,852,090 Top 22% higher than 78% 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

Thriveworks 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thriveworks 401(k) Plan lands in the large band (1,797 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thriveworks 401(k) Plan reported net income rose from $6M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Thriveworks 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Thriveworks 401(k) Plan reported participants fell from 2,721 in the plan year 2022 filing to 1,797 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 263447487 · Thrive Counseling LLC PY 2023 · 401(k)

Thriveworks 401(k) Plan · $27M · 1,797 · 78th

  • ASSETS $27M
  • PCT 1,797
  • EIN 78th
  • RANK 401(k)
  • PHOTO near Mbh Architects 401(k) Profit Sharing Plan
  • IND ind #14327

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 Healthcare & Social Assistance retirement plans → · Plans in Virginia →

Thriveworks 401(k) Plan in the asset neighbourhood

Control Air & Affiliates 401(k) PlanControl Air & Affiliates 401…$27MScreenbeam Inc. 401(k) Savings PlanScreenbeam Inc. 401(k) Savin…$27MThriveworks 401(k) Plan$27MMbh Architects 401(k) Profit Sharing PlanMbh Architects 401(k) Profit…$27MDana Transport Savings and Investment PlanDana Transport Savings and I…$27M
End-of-year total assets ($M) among Thriveworks 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$27M
Net Income$13M
Employer EIN263447487
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thrive Counseling LLC)

Sponsor-wide plan assets over time

All Thrive Counseling LLC plans reported in each filing year

Latest sponsor-wide plan assets
$41M 189.2586105589158% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $14.2M $41.1M ▲ +189.3%
Year Plans Participants Total Assets
2022 1 2,721 $14M
2023 1 1,797 $27M
2024 1 2,795 $41M

Nearby 401(k) Plans in Virginia

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

Thriveworks 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Thriveworks 401(k) Plan, Total assets ($B): 0.02685209 · Participants: 1797Thriveworks 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Thriveworks 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Mbh Architects 401(k) Profit Sharing Plan in CA ($27M); by covered participants it is Northview Hotels & Resorts 401(k) Plan in CT (1,797 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,797 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 Thriveworks 401(k) Plan assets move in 2023?
Thriveworks 401(k) Plan surged - up 88.9% during 2023, from $14M to $27M. Reported net income was $13M.
How have Thrive Counseling LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Thrive Counseling LLC's sponsor-wide assets grew 189.3%, from $14M to $41M.
Where does Thriveworks 401(k) Plan rank by assets among Form 5500 filers?
Thriveworks 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Thriveworks 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mbh Architects 401(k) Profit Sharing Plan in CA ($27M, 193 participants).
Which 401(k) plans cover a similar participant headcount to Thriveworks 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Northview Hotels & Resorts 401(k) Plan in CT (1,797 participants, $15M in assets).