Thing5, LLC DBA Cloud5 Communications 401(k) match, vesting and fees
What Thing5, LLC DBA Cloud5 Communications' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance | Schedule C ↗ |
| Independent auditor | Caron & Bletzer, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,508 defined-contribution plans in information with 100 to 499 participants.
| Thing5, LLC DBA Cloud5 Communications: employer contribution per participant | $1,738 | |
| Peer median | $2,188 |
| Thing5, LLC DBA Cloud5 Communications: average balance | $30,557 | |
| Peer median | $63,883 |
| Thing5, LLC DBA Cloud5 Communications: admin expenses ÷ assets | 0.72% | |
| Peer median | 0.27% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.2M at the end of plan year 2021 to $5.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 195 | $5.8M | $332K | $1,738 | 0.72% | Not published | Form 5500 ↗ |
| 2023 | 187 | $5.1M | $271K | $1,480 | 0.65% | Not published | Form 5500 ↗ |
| 2022 | 186 | $3.7M | $216K | $1,216 | 0.64% | Not published | Form 5500 ↗ |
| 2021 | 182 | $4.2M | $97K | $552 | 0.68% | Not published | Form 5500 ↗ |
Common questions
Does Thing5, LLC DBA Cloud5 Communications match 401(k) contributions?
The match terms for the Thing5, LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $332K in employer contributions, about $1,738 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Thing5, LLC DBA Cloud5 Communications 401(k) match vested?
The vesting schedule for the Thing5, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Thing5, LLC DBA Cloud5 Communications 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance. The plan administrator is Thing5, LLC DBA Cloud5 Communications.
I left Thing5, LLC DBA Cloud5 Communications. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Thing5, LLC DBA Cloud5 Communications, (413) 241-2519) or the recordkeeper, Principal Life Insurance. The Thing5, LLC DBA Cloud5 Communications old 401(k) page lists the contacts from every plan filing. Find an old Thing5, LLC DBA Cloud5 Communications 401(k)
Data from the public Form 5500 annual reports Thing5, LLC DBA Cloud5 Communications filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Thing5, LLC DBA Cloud5 Communications. Not financial advice. Report a correction · Methodology