How big is Thrive Communities Management, LLC's plan?

Thrive Communities Management, LLC's plan reported $20.0M in assets and 780 participants for 2024.

Original filing (PDF)20250926111237NAL0009341217001

Thrive Communities Management, LLC

Name: Thrive Communities Management, LLC — Thrive Communit, Form 5500 (2024)
Creator: Thrive Communities Management, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Thrive Communities 401(k) Plan

401(k) retirement plan · Thrive Communities Management, LLC's Thrive Communities 401(k) Plan held $20.0M in plan assets for 780 participants in 2024, with Fidelity as recordkeeper.

Signals · 1

Corrective distributions issued

Active participants

780

Accounts w/ balance

946

Plan assets (EOY)

$20.0M

Net assets (EOY)

$20.0M

People on this filing

Mackenzie Jistel signed Thrive Communities Management, LLC's 2024 Form 5500 as plan administrator.

Mackenzie Jistel — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Thrive Communities Management, LLC's EIN is 47-3242364.

EIN 47-3242364

Plan number 001

Plan year 2024

ACK ID 20250926111237NAL0009341217001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Thrive Communities Management, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Thrive Communities Management, LLC's plan includes automatic enrollment, a default investment (QDIA), profit-sharing, ERISA 404(c) participant direction, a 401(k) feature.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for THRIVE COMMUNITIES MANAGEMENT, LLC.

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How this plan invests

This plan

31 securities

funds · stocks · CUSIPs

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

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Total administrative cost in the bottom quartile of peers (9th percentile).

Plan sponsor

Name

THRIVE COMMUNITIES MANAGEMENT, LLC

EIN

all filings

Address

1518 1ST AVENUE SOUTH · SEATTLE, WA · 98134

Phone

(206) 388-2120

Industry

Real Estate

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

2025-09-26

Pension benefit codes

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

3B · Covers self-employed individuals

3H · Sponsor in controlled / affiliated group

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$103K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
CAPFINANCIAL PARTNERS LLC	26-0058143	—	ADVISOR	$20K	—
TRUTINA FINANCIAL LLC

Investments

31 direct securities· $20.0M(100% of reported assets)

Mutual Funds

$16.9M

16 holdings

Common Collective Trusts

$2.1M

8 holdings

Participant loans

$469K

1 holding

Other securities

$398K

5 holdings

U.S. Treasuries

$94K

1 holding

					% of plan
Vanguard Target Retirement 2050 Mutual Fund	Mutual Funds	—	—	$3.1M	15.6%
Vanguard Target Retirement 2055 Mutual Fund	Mutual Funds	—	—	$3.1M	15.4%
Vanguard Target Retirement 2045 Mutual Fund	Mutual Funds	—	—	$3.0M	15.0%
Vanguard Target Retirement 2060 Mutual Fund	Mutual Funds	—	—	$1.9M	9.6%
Vanguard Target Retirement 2040 Mutual Fund	Mutual Funds	—	—	$1.8M	9.1%
Vanguard Target Retirement 2030 Mutual Fund	Mutual Funds	—	—	$1.3M	6.7%
Vanguard Target Retirement 2065 Mutual Fund	Mutual Funds	—	—	$930K	4.6%
Vanguard Target Retirement 2035 Mutual Fund	Mutual Funds	—	—	$911K	4.6%
Fidelity 500 Index Mutual Fund	Common Collective Trusts	—	—	$891K	4.5%
Fidelity Large Cap Growth Index Fund Mutual Fund	Common Collective Trusts	—	—	$723K	3.6%
PARTICIPANT LOANS maturing through December 2039 -0-	Participant loans	—	—	$469K	2.3%
Fidelity International Index Fund Mutual Fund	Common Collective Trusts	—	—	$239K	1.2%
Vanguard Target Retirement 2025 Mutual Fund	Mutual Funds	—	—	$228K	1.1%
The Standard Stable Asset 2 Guaranteed Interest Account	Other securities	—	—	$148K	0.7%
Fidelity Small Cap Gr K6 Mutual Fund	Mutual Funds	—	—	$144K	0.7%
Vanguard Value Idx Adm Mutual Fund	Common Collective Trusts	—	—	$115K	0.6%
JP Morgan Mid Cap Grth R6 Mutual Fund	Other securities	—	—	$95K	0.5%
American Century Government Bond Fund R5 Mutual Fund	U.S. Treasuries	—	—	$94K	0.5%
JPMorgan Emerging Markets Equity Fund Class R6 Mutual Fund	Other securities	—	—	$85K	0.4%
Fidelity Mid Cap Idx Mutual Fund	Common Collective Trusts	—	—	$85K	0.4%
Vanguard Target Retirement 2020 Mutual Fund	Mutual Funds	—	—	$84K	0.4%
American Funds New Perspective Fund Class R-6 Mutual Fund	Mutual Funds	—	—	$82K	0.4%
Dodge & Cox Income I Mutual Fund	Mutual Funds	—	—	$66K	0.3%
Vanguard Target Retirement Inc Mutual Fund	Mutual Funds	—	—	$65K	0.3%
Vanguard Small-Cap Index Fund Admiral Shares Mutual Fund	Common Collective Trusts	—	—	$53K	0.3%
Vanguard Target Retirement 2070 Mutual Fund	Mutual Funds	—	—	$53K	0.3%
Principal Real Estate Securities Fd R-6 Mutual Fund	Other securities	—	—	$49K	0.2%
Lord Abbett Short Duration Income Fund Class R6 Mutual Fund	Mutual Funds	—	—	$35K	0.2%
Parametric Commodity Strategy I Mutual Fund	Other securities	—	—	$21K	0.1%
Vanguard Mid-Cap Value Index Fund Admiral Shares Mutual Fund	Common Collective Trusts	—	—	$17K	<0.1%
Vanguard Small-Cap Value Index Fund Admiral Shares Mutual Fund	Common Collective Trusts	—	—	$17K	<0.1%