Plan Ledger DOL Form 5500 · updated monthly

Pure Power Technologies, Inc401(k)

PURE POWER TECHNOLOGIES, INC 401(K) PLAN · BLYTHEWOOD, SC · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Pure Power Technologies, Inc reported $85,472 in plan administrative expenses for 2023: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,846 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 has held roughly steady near 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 317th-largest of 807 plans among South Carolina employers on file, and 2,230th of 4,246 in wholesale trade. In 2023, employees put in $2.87 for every $1.00 the employer contributed; active participation has shrunk from 285 to 255 since 2022.

Plan summary
Net assets, end of year$16,397,066
Participants with balances340
Active participants255
Employer contributions$470,814
Employee contributions$1,353,407
Employer contribution per active participant$1,846
Average account balance$48,227
Benefits paid to participants$2,320,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $97K emplr
2023$16.4M · 340 accts · $471K emplr
2022$14.6M · 368 accts · $552K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,853
Investment management$29,619
Total administrative$85,472
The Pure Power Technologies, Inc 401(k) match · 2023
Employer contribution per active participant$1,846
Median for plans this size$2,440
2023$1,846 per active participant
2022$1,938 per active participant

Pure Power Technologies, Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$55,853
MESIROW FINANCIAL · Investment advisory (plan)$29,619

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$85,472 · 0.55%
2022$85,638 · 0.54%
Similar plansWholesale Trade · South Carolina
Quoizel, LLC SC$19.3M · 0.35%
North American Rescue, LLC SC$14.4M · 0.58%
Gateway Supply Co Inc SC$14.1M · 0.34%
Hartmann USA, Inc. SC$14.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811145202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.