Thrive Mortgage 401(k) Plan
Thrive Mortgage, LLC, Georgetown TX. Employer ID 200353048, plan number 001. Annual reports on file for 2013 to 2024.
Where the money went
Plans that moved money into this one:
- 2022: money from American Mortgage Service Company Savings and Retirement Plan and Trust moved in.
- 2023: money from Springdale Title, LLC 401(k) Plan moved in.
- Filed 2013-2024Thrive Mortgage 401(k) Plan, Thrive Mortgage, LLC
- 2024Assets transferred to Lower LLC 401(k) Retirement Plan
- TodayLower LLC 401(k) Retirement Plan still files. Principal Life Insurance Company keeps the records. That is where to ask.
Records are kept by Principal Life Insurance Company, per the 2025 filing.
Left in 2023? Worth asking about employer money
- In plan year 2023, active participants fell from 550 to 349 (37%), and 61 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. Filing
This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.
Worked here?
Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.
Events in the filings
- 2024: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
- 2024: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.
- 2024: The employer decided to close the plan.
People in the plan
"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Left, still in the plan | Source |
|---|---|---|---|
| 2013 | 190 | 5 | Filing |
| 2014 | 213 | 3 | Filing |
| 2015 | 273 | 18 | Filing |
| 2016 | 303 | 45 | Filing |
| 2017 | 347 | 54 | Filing |
| 2018 | 348 | 60 | Filing |
| 2019 | 288 | 60 | Filing |
| 2020 | 383 | 67 | Filing |
| 2021 | 648 | 76 | Filing |
| 2022 | 719 | 162 | Filing |
| 2023 | 580 | 231 | Filing |
| 2024 | 0 | 0 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.