Original filing (PDF)20251015183312NAL0002873907001

THESIS, LLC

Name: THESIS, LLC — THESIS, LLC 401(K) PROFIT SHARING PLAN, Form 5500 (2024)
Creator: THESIS, LLC

Form 5500

FILING_RECEIVED

THESIS, LLC 401(K) PROFIT SHARING PLAN

401(k) retirement plan

Active participants

204

Accounts w/ balance

282

Plan assets (EOY)

$12.7M

Net assets (EOY)

$12.7M

How this plan invests

This plan

24 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 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

Vendor stack

100

Participation health

100

Knocking points off

73 bps in Schedule C fees — 151% above peer band of 29 bps.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THESIS, LLC.

Plan sponsor

Name

THESIS, LLC

EIN

46-0507396

Address

2375 NW SAVIER ST. · STE 300 · PORTLAND, OR · 97210

Phone

(503) 221-6200

Industry

Professional & Technical Servicessee 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

2025-10-15

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)

Audit & trust (Schedule H)

Auditor

PLATFORM CPAS, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$52K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
MULTNOMAH GROUP INC.	—	PORTLAND, OR	INVESTMENT ADVISOR	$15K	—

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
INDEPENDENT RETIREMENT CONSULTING,	—	PORTLAND, OR	CONTRACT ADMINISTRATOR	$5K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ADVISORY GROUP, LLC	—	GREENWOOD VILLAGE, CO	INVESTMENT MGMT	$21K	—

Investments

24 direct securities· $12.9M(100% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
N/A Fidelity 500 Index	—	—	—	$2.3M	18.3%
N/A Vanguard Target Retirement Blend 2045 Inv	—	—	—	$2.0M	15.5%
N/A Vanguard Target Retirement Blend 2055 Inv	—	—	—	$1.6M	12.2%
N/A Vanguard Target Retirement Blend 2050 Inv	—	—	—	$1.1M	8.5%
N/A Vanguard Target Retirement Blend 2035 Inv	—	—	—	$871K	6.8%
N/A Fidelity International Index	—	—	—	$855K	6.7%
N/A Fidelity Int'l Sustainablity Index	—	—	—	$673K	5.3%
N/A Fidelity Small Cap Index	—	—	—	$526K	4.1%
N/A Fidelity Mid Cap Index	—	—	—	$503K	4.0%
Party‐in‐ Borrower, Lessor Collateral, Par Current Interest or Similar Party or Maturity Value Cost Value N/A Vanguard Target Retirement Blend 2060 Inv	—	—	—	$454K	3.6%
N/A Vanguard FTSE Social Index Admiral	—	—	—	$405K	3.2%
N/A American Funds New World	—	—	—	$343K	2.7%
Great West Life and Annuity Guaranteed Investment Contract * Insurance Company 1.30% Rate of Interest	—	—	—	$197K	1.5%
N/A PGIM Total Return Bond R6	—	—	—	$185K	1.5%
N/A Vanguard Target Retirement Blend 2040 Inv	—	—	—	$181K	1.4%
N/A Fidelity Real Estate Index	—	—	—	$171K	1.3%
N/A Brown Advisory Sustainable Growth I	—	—	—	$171K	1.3%
Key Guaranteed Portfolio Fund 1.45% Rate of Interest	—	—	$55K	$115K	0.9%
N/A Fidelity Sustainablility Bond Index	—	—	—	$88K	0.7%
N/A Vanguard Target Retirement Blend 2025 Inv	—	—	—	$73K	0.6%
N/A Vanguard Target Retirement Blend 2030 Inv	—	—	—	$59K	0.5%
N/A JPMorgan Target Retirement Income Inv	—	—	—	$29K	0.2%
Participant Loans Interest Rate at 4.50%‐5.50% ‐0‐	—	—	—	$5K	<0.1%
Key Guaranteed Portfolio Fund 1.40% Rate of Interest 854	—	—	—	$2K	<0.1%