Plan Ledger DOL Form 5500 · updated monthly

Puris Holdings LLC401(k)

PURIS RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

Puris Holdings LLC reported $35,350 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,640 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,647th of 1,918), and 11,621st of 13,661 in manufacturing. In 2022, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,245,337
Participants with balances328
Active participants283
Employer contributions$464,161
Employee contributions$1,290,533
Employer contribution per active participant$1,640
Average account balance$12,943
Benefits paid to participants$485,302
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $70K emplr
2022$4.2M · 328 accts · $464K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$35,350
Total administrative$35,350
The Puris Holdings LLC 401(k) match · 2022
Employer contribution per active participant$1,640
Median for plans this size$1,114

Puris Holdings LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$35,350 · 0.93%
Similar plansManufacturing · Minnesota
General Pattern Co., Inc. MN$4.4M · 0.78%
Key Surgical LLC MN$4.4M · 0.03%
Safety Rail Company, LLC MN$4.2M · 1.05%
Mactech, Inc. MN$4.1M · 0.19%
In'Tech Industries, Inc. MN$4.0M · 1.06%
Metro Mold & Design Inc. MN$4.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843057865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.