The single postlarval specimen (7.53 mm in standard length) of Thalassoma quinquevittatum (Lay & Bennett, 1839), belongs to the family Labridae, was collected by a bongo net from the southern coastal waters of Jeju-do Island, Korea in November 2020. T. quinquevittatum has a deeply curved dorsal contour before the dorsal fin, the oval eyes, and no melanophores throughout the body. While T. amblycephalum has a slightly curved dorsal contour before the center of the dorsal fin, the circular eyes, and few melanophores on the body. A molecular analysis based on 548 base pairs sequences in the mitochondrial DNA cytochrome c oxidase subunit I region shows that the specimen was closely matched to adult T. quinquevittatum (K2P distance=0.002 - 0.005). We report the first record of T. quinquevittatum in Korean waters, and suggest its new Korean name “Da-seot-jul-saekdong-nol-rae-gi”.