Plan Ledger DOL Form 5500 · updated monthly

Puris, LLC401(k)

PURIS, LLC 401(K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Puris, LLC reported $115,629 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,651 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 rose from 0.36% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,621st-largest of 5,688 plans among Texas employers on file, and the 380th of 786 in management of companies. In 2024, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,889,344
Participants with balances1,331
Active participants820
Employer contributions$1,353,558
Employee contributions$4,227,771
Employer contribution per active participant$1,651
Average account balance$20,954
Benefits paid to participants$3,624,773
Plan auditUnmodified (clean) audit opinion
AuditorWESSEL AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 1,331 accts · $1.4M emplr
2023$21.9M · 1,220 accts · $1.2M emplr
2022$16.8M · 1,163 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,905
Investment management$33,724
Total administrative$115,629
The Puris, LLC 401(k) match · 2024
Employer contribution per active participant$1,651
Median for plans this size$2,416
2024$1,651 per active participant
2023$1,478 per active participant
2022$1,901 per active participant

Puris, LLC's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,905
USI ADVISORS INC · Investment advisory (plan)$28,963

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$115,629 · 0.46%
2023$99,883 · 0.52%
2022$54,625 · 0.36%
Same employer
Similar plansManagement of Companies · Texas
Westex Bancorp, Inc. TX$31.0M · 0.04%
Erika Flowers TX$30.0M · 0.44%
Cockrell Interests LLC TX$30.0M · 0.02%
Darr Equipment, LP TX$25.5M · 0.37%
Lacalle Group, LLC TX$25.0M · 0.74%
Woodbolt Distribution, LLC TX$23.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260457444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.