2023 Form 5500 filing — Thrivewise Pooled Employer Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240906141416NAL0002579426001) for Thrivewise Pooled Employer Plan, reported by Principal Life Insurance Company under EIN 42-0127290 and plan number 333. It reports 9,400 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 3 · 2023
Filing snapshot
Net assets (EOY)$864.6MReported net assets$864,606,912
Participants9.4K9,400
Provider compensation$1.5M6 Schedule C row(s)$1,540,338
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240906141416NAL0002579426001
- Plan sponsor
- Principal Life Insurance Company
- EIN
- 42-0127290
- Plan number
- 333
- Location
- Des Moines, IA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$864.6M total assets
Net assets$864.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $864,606,912
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $864,606,912
- Employer contributions
- $28,546,247
- Participant contributions
- $53,584,269
- Total income / additions
- $221,412,675
- Benefits paid
- $85,036,736
- Administrative expenses
- $1,451,829
- Total expenses
- $86,705,231
- Net increase / (decrease)
- $134,707,444
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $793,845 | $0 |
| National Benefit Services LLC | CONTRACT ADMINISTRATOR | $549,644 | $9,094 |
| Creative Planning | INVESTMENT ADVISORY | $141,375 | $14,926 |
| Cadaret Grant & Co Inc | CONSULTANT | $31,427 | $27 |
| Morningstar Investment Management L | INV ADV PARTICIPANTS | $0 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |