Thi, Incorporated Section 401k Retirement Savings Plan And Trust — Form 5500 plan (Thi, Inc.)
Plain-English plan 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, Thi, Incorporated Section 401k Retirement Savings Plan And Trust is a benefit plan reported by Thi, Inc. under EIN 38-3049421 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $12,116,791 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$12.1MPlan net assets, end of year$12,116,791
Participants231Covered participants reported
Assets / participant$52.5KComputed: assets ÷ participants$52,454 (computed)
Provider compensation$68.4K3 Schedule C provider row(s)$68,376
- Plan sponsor
- Thi, Inc.
- EIN
- 38-3049421
- Plan number
- 001
- Plan type
- 2
- Location
- Grand Rapids, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 231 | H, C | 20241011133607NAL0038872960001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$12.1M total assets
Net assets$12.1MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $12,116,791
- Net assets (EOY)
- $12,116,791
- Net assets (BOY)
- $10,286,447
Income & contributions
- Employer contributions
- $275,710
- Participant contributions
- $429,998
- Total contributions
- $705,708
- Total income / additions
- $2,361,159
Expenses & distributions
- Benefits paid
- $477,420
- Administrative expenses
- $53,395
- Total expenses
- $530,815
- Net increase / (decrease)
- $1,830,344
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
39%61%
Employer 39%Participant 61%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $30,657 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $23,822 | not reported in the loaded dataset | 2023 |
| Fifth Third Bank Retirement Service | INVESTMENT ADVISOR | $13,897 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Thi, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Grand Rapids, MI
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Fifth Third Bank Retirement Service — Schedule C compensation