Thesis, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Thesis, LLC)

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, Thesis, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Thesis, LLC under EIN 46-0507396 and plan number 001. The latest loaded filing year is 2023. The filing reports 428 participants and $10,536,079 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.5MPlan net assets, end of year$10,536,079
Participants428Covered participants reported
Assets / participant$24.6KComputed: assets ÷ participants$24,617 (computed)
Provider compensation$68.8K4 Schedule C provider row(s)$68,833
Plan sponsor
Thesis, LLC
EIN
46-0507396
Plan number
001
Plan type
2
Location
Portland, OR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023428H, C20241015182052NAL0015240163001
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)$10.5M total assets
Net assets$10.5MLiabilities$0
Money in vs. money out
Total income / additions$4.4M
Total expenses$894.8K
Benefits paid / distributions$825.9K
Contributions
Employer$877.4K
Participant$1.7M
Full reported line items

Net assets

Total assets (EOY)
$10,536,079
Total liabilities (EOY)
$0
Net assets (EOY)
$10,536,079
Net assets (BOY)
$7,001,146

Income & contributions

Employer contributions
$877,369
Participant contributions
$1,726,634
Total contributions
$2,897,190
Total income / additions
$4,429,697

Expenses & distributions

Benefits paid
$825,931
Administrative expenses
$68,833
Total expenses
$894,764
Net increase / (decrease)
$3,534,933

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$39,076$02023
Multnomah Group Inc.INVESTMENT ADVISOR$15,000not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$13,557not reported in the loaded dataset2023
Independent Retirement Consulting,CONTRACT ADMINISTRATOR$1,200not reported in the loaded dataset2023

Related Form 5500 pages