Plan Ledger DOL Form 5500 · updated monthly

Purple Brands401(k)

PURPLE BRANDS 401(K) PLAN · PETALUMA, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Purple Brands reported $53,809 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,297 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 0.44% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,018th of 9,483), and 8,095th of 13,661 in manufacturing. In 2024, employees put in $3.95 for every $1.00 the employer contributed; active participation has shrunk from 112 to 46 since 2022.

Plan summary
Net assets, end of year$11,774,953
Participants with balances103
Active participants46
Employer contributions$151,676
Employee contributions$599,536
Employer contribution per active participant$3,297
Average account balance$114,320
Benefits paid to participants$1,133,519
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 103 accts · $152K emplr
2023$10.7M · 120 accts · $216K emplr
2022$8.6M · 134 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,846
Investment management$27,963
Total administrative$53,809
The Purple Brands 401(k) match · 2024
Employer contribution per active participant$3,297
Median for plans this size$2,416
2024$3,297 per active participant
2023$2,450 per active participant
2022$1,805 per active participant

Purple Brands's 2024 employer contribution ran above 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$25,846
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$27,963

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$53,809 · 0.48%
2023$43,806 · 0.45%
2022$40,232 · 0.44%
Same employer
Similar plansManufacturing · California
Mag Instrument, Inc. CA$11.9M · 0.56%
Pentel of America, LTD CA$11.9M · 0.53%
G L Mezzetta, Inc CA$11.9M · 0.62%
Johanson Dielectrics, Inc. CA$11.8M · 0.04%
Yinlun Tdi, LLC CA$11.8M · 0.55%
Motivational Systems, Inc. CA$11.7M · 0.36%
Kingdomway USA Corp. CA$11.7M · 0.67%
Printograph, Inc. CA$11.7M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943410677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.