This effect is mostly down to design compromises made to allow the filter to be variable. The filter is, as a result, not ideal. The Thumpinator isn't specifically designed to minimise this peak, per se, but the filter doesn't have to be compromised in the same way. The filter design used in the thumpinator has been around for donkey's years, it's a standard electronic building block (see any active analogue filter design textbook for a 4th order Sallen Key filter).