Plan Ledger DOL Form 5500 · updated monthly

Purecars Technologies LLC401(k)

PURECARS 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Purecars Technologies LLC reported $22,091 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,798 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 0.55% to 0.29%. 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 Georgia (1,339th of 2,160), and 8,482nd of 11,654 in professional & technical services. In 2024, employees put in $3.60 for every $1.00 the employer contributed; active participation has grown from 183 to 207 since 2022.

Plan summary
Net assets, end of year$8,551,243
Participants with balances269
Active participants207
Employer contributions$372,084
Employee contributions$1,338,074
Employer contribution per active participant$1,798
Average account balance$31,789
Benefits paid to participants$1,078,294
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 269 accts · $372K emplr
2023$6.8M · 262 accts · $410K emplr
2022$5.3M · 229 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,400
Investment management$18,691
Total administrative$22,091
The Purecars Technologies LLC 401(k) match · 2024
Employer contribution per active participant$1,798
Median for plans this size$1,313
2024$1,798 per active participant
2023$1,983 per active participant
2022$1,477 per active participant

Purecars Technologies LLC'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
GUIDELINE, INC. · Plan administrator · Recordkeeping$20,011
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history3
2024$22,091 · 0.29%
2023$12,834 · 0.21%
2022$29,519 · 0.55%
Same employer
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Minsait Acs Inc. GA$9.0M · 0.72%
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Terminus Software, Inc. GA$8.5M · 0.31%
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Source: U.S. Department of Labor, Form 5500 series, EIN 834267257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.