Plan Ledger DOL Form 5500 · updated monthly

Purvis Industries, LLC401(k)

PURVIS 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Purvis Industries, LLC reported $106,763 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,673 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 0.211%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 980th-largest of 5,688 plans among Texas employers on file, and the 729th of 4,246 in wholesale trade. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 771 to 1,020 since 2022.

Plan summary
Net assets, end of year$55,488,256
Participants with balances1,066
Active participants1,020
Employer contributions$2,725,963
Employee contributions$5,261,553
Employer contribution per active participant$2,673
Average account balance$52,053
Benefits paid to participants$5,528,728
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.5M · 1,066 accts · $2.7M emplr
2023$45.6M · 962 accts · $1.8M emplr
2022$33.8M · 806 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,513
Total administrative$106,763
The Purvis Industries, LLC 401(k) match · 2024
Employer contribution per active participant$2,673
Median for plans this size$3,635
2024$2,673 per active participant
2023$1,950 per active participant
2022$503 per active participant

Purvis Industries, LLC's 2024 employer contribution ran below the $3,635 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$80,513
WELLS FARGO ADVISORS · Investment advisory (plan)$26,250

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$106,763 · 0.21%
2023$97,888 · 0.25%
2022$78,640 · 0.21%
Same employer
Similar plansWholesale Trade · Texas
Tacenergy, LLC TX$60.2M · 0.29%
Womack Group, LLC TX$59.2M · 0.29%
Yeti Holdings, Inc. TX$58.4M · 0.27%
Gsc Enterprises, Inc TX$55.1M · 0.42%
Refined Technologies, Inc. TX$53.9M · 0.26%
Tauber Oil Company TX$52.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752905412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.