Thorne Research, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Thorne Research, 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, Thorne Research, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Thorne Research, Inc. under EIN 91-1248086 and plan number 001. The latest loaded filing year is 2023. The filing reports 585 participants and $17,523,680 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Thorne Research, Inc.
- EIN
- 91-1248086
- Plan number
- 001
- Plan type
- 2
- Location
- Summerville, SC
- Latest filing year
- 2023
- Participants
- 585
- End-of-year plan assets
- $17,523,680
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 585 | H, C | 20241014134004NAL0053759314001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,523,680
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,523,680
- Net assets (BOY)
- $12,462,897
Income & contributions
- Employer contributions
- $1,199,458
- Participant contributions
- $2,434,680
- Total contributions
- $4,033,704
- Total income / additions
- $6,458,049
Expenses & distributions
- Benefits paid
- $1,344,272
- Administrative expenses
- $51,114
- Total expenses
- $1,397,266
- Net increase / (decrease)
- $5,060,783
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,514 | $0 | 2023 |
| Legacy Retirement Solutions, LLC | CONTRACT ADMINISTRATOR | $15,600 | $522 | 2023 |
| Lpl Financial LLC | OTHER SERVICES | $0 | $2,612 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Thorne Research, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Summerville, SC
- Principal Life Insurance Company — Schedule C compensation
- Legacy Retirement Solutions, LLC — Schedule C compensation
- Lpl Financial LLC — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation