Plan Ledger DOL Form 5500 · updated monthly

Purecoat International, LLC401(k)

PURECOAT INTERNATIONAL, LLC 401(K) PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Purecoat International, LLC reported $19,749 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $609 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 0.30%. 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 among the smaller plans on file in Florida (2,147th of 3,644), and 10,133rd of 13,661 in manufacturing. In 2024, employees put in $6.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,069,487
Participants with balances118
Active participants104
Employer contributions$63,314
Employee contributions$401,217
Employer contribution per active participant$609
Average account balance$59,911
Benefits paid to participants$410,599
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 118 accts · $63K emplr
2023$6.2M · 117 accts · $65K emplr
2022$5.2M · 121 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,285
Investment management$15,464
Total administrative$19,749
The Purecoat International, LLC 401(k) match · 2024
Employer contribution per active participant$609
Median for plans this size$1,313
2024$609 per active participant
2023$624 per active participant
2022$533 per active participant

Purecoat International, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$15,464
ADP, INC. · Loan processing · Recordkeeping$4,285
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$19,749 · 0.30%
2023$16,772 · 0.29%
2022$16,129 · 0.29%
Similar plansManufacturing · Florida
King Plastic Corporation FL$7.3M · 0.49%
Molekule Group, Inc. FL$7.2M · 0.40%
03 USA, Inc. FL$7.0M · 0.63%
Tse Industries, Inc. FL$7.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650762285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.