Plan Ledger DOL Form 5500 · updated monthly

Puratos Corporation401(k)

PURATOS USA EMPLOYEE SAVINGS PLAN · PENNSAUKEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Puratos Corporation reported $106,249 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,237 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 0.29% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 634th-largest of 2,419 plans among New Jersey employers on file, and the 3,502nd of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,019,315
Participants with balances477
Active participants538
Employer contributions$1,741,474
Employee contributions$3,455,750
Employer contribution per active participant$3,237
Average account balance$90,187
Benefits paid to participants$3,751,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 477 accts · $1.7M emplr
2023$35.3M · 431 accts · $1.6M emplr
2022$28.5M · 405 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,251
Investment management$39,998
Total administrative$106,249
The Puratos Corporation 401(k) match · 2024
Employer contribution per active participant$3,237
Median for plans this size$2,416
2024$3,237 per active participant
2023$3,029 per active participant
2022$2,868 per active participant

Puratos Corporation's 2024 employer contribution ran above the $2,416 median for plans its size. 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$66,251
WELLS FARGO ADVISORS · Investment advisory (plan)$40,000

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$106,249 · 0.27%
2023$92,098 · 0.29%
2022$90,211 · 0.29%
All plans at this employer2
PURATOS USA EMPLOYEE SAVINGS PLAN401(k)
PURATOS CORPORATION UNION EMPLOYEES 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · New Jersey
Komline-Sanderson NJ$45.1M · 0.34%
Aak USA Inc NJ$44.3M · 0.38%
Weiss-Aug Co. Inc. NJ$43.4M · 0.44%
Intest Corporation NJ$42.7M · 0.35%
Allentown LLC NJ$41.6M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042707059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.