Plan Ledger DOL Form 5500 · updated monthly

Advertise Purple, Inc.401(k)

ADVERTISE PURPLE, INC. RETIREMENT PLAN AND TRUST · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
1.00%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Advertise Purple, Inc. reported $42,274 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,021 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.30% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,101st of 9,483), and 9,917th of 11,654 in professional & technical services. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 168 to 82 since 2022.

Plan summary
Net assets, end of year$4,698,506
Participants with balances124
Active participants82
Employer contributions$329,688
Employee contributions$452,478
Employer contribution per active participant$4,021
Average account balance$37,891
Benefits paid to participants$434,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 124 accts · $330K emplr
2023$3.8M · 132 accts · $397K emplr
2022$2.7M · 131 accts · $382K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,274
Total administrative$42,274
The Advertise Purple, Inc. 401(k) match · 2024
Employer contribution per active participant$4,021
Median for plans this size$1,313
2024$4,021 per active participant
2023$4,512 per active participant
2022$2,272 per active participant

Advertise Purple, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,541
CIBC PRIVATE WEALTH ADVISORS, INC. · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$42,274 · 1.00%
2023$37,454 · 1.16%
2022$33,570 · 1.30%
Similar plansProfessional & Technical Services · California
Directive Consulting CA$4.7M · 0.48%
Healthypets Inc. CA$4.7M · 0.82%
Tata Elxsi LTD CA$4.7M · 0.47%
Curri Inc. CA$4.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454233482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.