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Original filing (PDF)20251007053040NAL0010621554001
THRIFTY RETAIL SERVICES, LLC
Form 5500
FILING_RECEIVED
SERV-U-SUCCESS 401(K) PLAN
401(k) retirement plan
Active participants
1,580
Accounts w/ balance
497
Plan assets (EOY)
$24.0M
Net assets (EOY)
$24.0M
How this plan invests
This plan
41 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
95
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
65
Knocking points off
- Only 31% as many balances as active participants — suggests many active employees aren't deferring.
Helping the score
- Below-peer total fees (16 bps vs 29 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THRIFTY RETAIL SERVICES, LLC.
Plan sponsor
Name
THRIFTY RETAIL SERVICES, LLC
EIN
27-3469063
Address
4695 HELENA DR SW · GRANDVILLE, MI · 49418
Phone
(616) 249-0025
Industry
Wholesale Tradesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-07
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
HUNGERFORD
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | 45-6062081 | — | RECORDKEEPER | $33K | — |
| ADP, INC. | 13-3036745 | — | RECORD KEEPER | $4K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORNINGSTAR RETIREMENT MANAGER | — | CHICAGO, IL | INVESTMENT MANAGER | $2K | — |
Investments
39 direct securities· $25.2M(100% of reported assets)
Registered Investment Companies
$23.4M
33 holdings
Uncategorized
$1.8M
6 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| VANGUARD 500 INDEX FUND - ADM | Registered Investment Companies | — | — | $3.9M | 16.4% | |
| VANGUARD BAL IDX - ADM | Registered Investment Companies | — | — | $2.5M | 10.6% | |
| VANGUARD GROWTH INDEX FUND ADM | Registered Investment Companies | — | — | $2.4M | 10.2% | |
| VANGUARD VALUE INDEX FUND ADMR | Registered Investment Companies | — | — | $1.7M | 7.1% | |
| DFA INTL CORE EQUITY 2 INST | Registered Investment Companies | — | — | $1.7M | 7.1% | |
| Value | — | — | $3.9M | $1.1M | 4.5% | |
| VANGUARD EXPLORER ADMIN | Registered Investment Companies | — | — | $1.1M | 4.5% | |
| VANGUARD MID CAP INDEX - ADM | Registered Investment Companies | — | — | $891K | 3.7% | |
| TCW METWEST TOTAL RET BOND PL | Registered Investment Companies | — | — | $881K | 3.7% | |
| VANGUARD SM CAP VAL INDEX ADM | Registered Investment Companies | — | — | $827K | 3.4% | |
| DFA EMG MKT CORE EQ 2 I | Registered Investment Companies | — | — | $771K | 3.2% | |
| VANGUARD SHORT TERM INV GR ADM | Registered Investment Companies | — | — | $616K | 2.6% | |
| BLACKROCK HIGH YIELD K | Registered Investment Companies | — | — | $575K | 2.4% | |
| VANGUARD REAL ESTATE INDEX ADM | Registered Investment Companies | — | — | $567K | 2.4% | |
| VAN TARGET RETIRE 2030 | Registered Investment Companies | — | — | $550K | 2.3% | |
| PN 001 | — | — | $102K | $540K | 2.3% | |
| DFA INT GOVT FIXED INC INST | Registered Investment Companies | — | — | $444K | 1.9% | |
| VAN TARGET RETIRE 2040 | Registered Investment Companies | — | — | $433K | 1.8% | |
| CARILLON EAGLE MID CAP GRTH R6 | Registered Investment Companies | — | — | $431K | 1.8% | |
| VANGUARD MID CAP VALUE IND ADM | Registered Investment Companies | — | — | $429K | 1.8% | |
| DFA INTERNATIONAL SM CO INST | Registered Investment Companies | — | — | $389K | 1.6% | |
| DFA INFLATION PROT SEC INST | Registered Investment Companies | — | — | $352K | 1.5% | |
| VANGUARD FEDERAL MM INV | Registered Investment Companies | — | — | $352K | 1.5% | |
| VANGUARD SMALL CAP INDEX ADMRL | Registered Investment Companies | — | — | $287K | 1.2% | |
| PIMCO INTL BOND USD HDGD I | Registered Investment Companies | — | — | $260K | 1.1% | |
| VAN TARGET RETIRE 2045 | Registered Investment Companies | — | — | $259K | 1.1% | |
| VAN TARGET RETIRE 2050 | Registered Investment Companies | — | — | $195K | 0.8% | |
| VAN TARGET RETIRE 2025 | Registered Investment Companies | — | — | $139K | 0.6% | |
| VAN TARGET RETIRE 2035 | Registered Investment Companies | — | — | $132K | 0.6% | |
| PN 001 | — | — | — | $132K | 0.6% | |
| VAN TARGET RETIRE 2055 | Registered Investment Companies | — | — | $102K | 0.4% | |
| VAN TARG RETIRE 2060 | Registered Investment Companies | — | — | $86K | 0.4% | |
| PIMCO SHORT ASSET INVEST INST | Registered Investment Companies | — | — | $39K | 0.2% | |
| VAN TARG RETIRE 2065 | Registered Investment Companies | — | — | $34K | 0.1% | |
| VAN TARGET RETIRE 2020 | Registered Investment Companies | — | — | $20K | <0.1% | |
| VAN TARGET RETIRE INC | Registered Investment Companies | — | — | $6K | <0.1% | |
| (1) X This form is filed for a CCT, PSA, or MTIA. | — | — | — | $3K | <0.1% | |
| (1) X DOL Regulation 2520.103-8 (2) X DOL Regulation 2520.103-12(d) (3) X neither DOL Regulation 2520.103-8 nor DOL Regulation 2520.103-12(d). | — | — | $3K | $3K | <0.1% | |
| Yes No Amount a | — | — | — | $3K | <0.1% |
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