Plan Ledger DOL Form 5500 · updated monthly

Pure Wafer, Inc401(k)

PURE WAFER, INC. 401(K) PLAN · PRESCOTT, AZ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Pure Wafer, Inc reported $6,983 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,401 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 3 years on file its reported administrative ratio has held roughly steady near 0.084%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is the 619th-largest of 1,285 plans among Arizona employers on file, and 9,150th of 13,661 in manufacturing. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 204 to 246 since 2022.

Plan summary
Net assets, end of year$9,182,946
Participants with balances183
Active participants246
Employer contributions$344,623
Employee contributions$1,062,191
Employer contribution per active participant$1,401
Average account balance$50,180
Benefits paid to participants$616,666
Plan auditUnmodified (clean) audit opinion
AuditorMANSPERGER,PATTERSON&MCULLIN,PLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 183 accts · $345K emplr
2023$7.4M · 167 accts · $269K emplr
2022$6.1M · 166 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,225
Investment management$5,758
Total administrative$6,983
The Pure Wafer, Inc 401(k) match · 2024
Employer contribution per active participant$1,401
Median for plans this size$1,313
2024$1,401 per active participant
2023$1,252 per active participant
2022$1,142 per active participant

Pure Wafer, Inc's 2024 employer contribution ran above the $1,313 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,758
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,225

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$6,983 · 0.08%
2023$6,584 · 0.10%
2022$5,322 · 0.08%
Same employer
Similar plansManufacturing · Arizona
R&R Products, Inc. AZ$10.5M · 0.50%
Njoy LLC AZ$10.0M · 0.52%
Brooklyn Bedding LLC AZ$8.8M · 0.11%
Arizona Grain, Inc. AZ$8.8M · 0.16%
Verigon, LLC AZ$8.1M · 0.73%
Arizona Materials, LLC AZ$7.8M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 711020986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.