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EMPLOYEE BENEFIT PLAN OF THRIVE COUNSELING CENTER 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THRIVE COUNSELING CENTER
Plan identification number 003

EMPLOYEE BENEFIT PLAN OF THRIVE COUNSELING CENTER Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THRIVE COUNSELING CENTER has sponsored the creation of one or more 401k plans.

Company Name:THRIVE COUNSELING CENTER
Employer identification number (EIN):362179793
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THRIVE COUNSELING CENTER

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01NIKKI BROWN2023-08-01 NIKKI BROWN2023-08-01
0032021-01-01RICHARD NICHIN2023-02-16 RICHARD NICHIN2023-02-16
0032020-01-01RICHARD NICHIN2021-07-30
0032019-01-01WILLIAM WALLACE2020-09-14
0032018-01-01WILLIAM WALLACE2019-09-30

Financial Data on EMPLOYEE BENEFIT PLAN OF THRIVE COUNSELING CENTER

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF THRIVE COUNSELING CENTER 2025 401k financial data
Total expenses incurred by plan in this plan year2025-08-21224797
Net assets as of the end of the plan year2025-08-21956686
Total assets as of the beginning of the plan year2025-08-21907787
Value of plan covered by a fidelity bond2025-08-2185000
Participant contributions to plan in this plan year2025-08-21113633
Other contributions to plan in this plan year2025-08-215985
Other income to plan in this plan year2025-08-21108826
Plan net income in this plan year2025-08-2148899
Net assets as of the end of the plan year2025-08-21956686
Net assets as of the beginning of the plan year2025-08-21907787
Employer contributions to plan in this plan year2025-08-2145252
Fees paid to broker by Benefit Provider2025-08-215438
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-217004
Total liabilities as of the end of the plan year2025-07-210
Total liabilities as of the beginning of the plan year2025-07-210
Total expenses incurred by plan in this plan year2025-07-2116567
Net assets as of the end of the plan year2025-07-21907787
Total assets as of the beginning of the plan year2025-07-21685695
Value of plan covered by a fidelity bond2025-07-2185000
Participant contributions to plan in this plan year2025-07-2182795
Other income to plan in this plan year2025-07-21129687
Plan net income in this plan year2025-07-21222092
Net assets as of the end of the plan year2025-07-21907787
Net assets as of the beginning of the plan year2025-07-21685695
Employer contributions to plan in this plan year2025-07-2126177
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2182

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