401(k)
2024 plan-year 401(k) DOL Form 5500

Thrive Operations, LLC 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Thrive Operations, LLC · Massachusetts · Professional & Technical Services

What the 2023 filing shows

Thrive Operations, LLC 401(k) Plan holds $55M for 805 participants — about $68,328 per participant, up 23.2% over the 2024 plan year.

$55M
total plan assets (2024 EOY)
805
covered participants
$68,328
avg assets per participant
+23.2%
assets growth YoY
Total Assets (2023)
$55M
Participants
805
Industry
Professional & Technical Services

What the Filing Says About Thrive Operations, LLC 401(k) Plan

Thrive Operations, LLC 401(k) Plan is a 401(k) retirement plan sponsored by Thrive Operations, LLC, headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $55M in total end-of-year assets and covers 805 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 814498230, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $45M at the beginning of 2024 to $55M at year-end — a gain of 23.2%. Net assets (after liabilities) closed the year at $55M, with reported net income of $10M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$45M
Total Assets (End of Year)$55M
Net Assets (End of Year)$55M
Net Income$10M
Plan Type401(k)
Employer EIN814498230
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thrive Operations, LLC)

Year Plans Participants Total Assets
2022 1 451 $35M
2023 1 733 $45M
2024 1 805 $55M

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Frequently Asked Questions

How much money is in the Thrive Operations, LLC 401(k) Plan?
As of the 2024 Form 5500 filing, Thrive Operations, LLC 401(k) Plan holds $55M in total assets with 805 participants. It is sponsored by Thrive Operations, LLC.
What type of plan is Thrive Operations, LLC 401(k) Plan?
Thrive Operations, LLC 401(k) Plan is a 401(k) plan. It has been effective since 2017-01-01. The plan is filed with the U.S. Department of Labor under EIN 814498230.
Who sponsors the Thrive Operations, LLC 401(k) Plan?
Thrive Operations, LLC 401(k) Plan is sponsored by Thrive Operations, LLC, located in Massachusetts. The sponsor's EIN is 814498230 and the plan operates in the Professional & Technical Services industry.
How did Thrive Operations, LLC 401(k) Plan perform in 2024?
Thrive Operations, LLC 401(k) Plan grew by 23.2% during 2024, moving from $45M to $55M in total assets. Net income was $10M.
Where can I find official filings for Thrive Operations, LLC 401(k) Plan?
Official Form 5500 filings for Thrive Operations, LLC 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 814498230 or plan name at efast.dol.gov.
How does Thrive Operations, LLC 401(k) Plan compare to other plans?
You can compare Thrive Operations, LLC 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 814498230.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.