Plan Ledger DOL Form 5500 · updated monthly

The Purple Guys, L.L.C.401(k)

THE PURPLE GUYS, L.L.C. RETIREMENT SAVINGS PLAN · SHREVEPORT, LA · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

The Purple Guys, L.L.C. reported $35,631 in plan administrative expenses for 2023: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,377 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 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is the 431st-largest of 884 plans among Louisiana employers on file, and 8,010th of 11,654 in professional & technical services. In 2023, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,976,521
Participants with balances216
Active participants278
Employer contributions$660,873
Employee contributions$926,984
Employer contribution per active participant$2,377
Average account balance$46,188
Benefits paid to participants$613,734
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $339K emplr
2023$10.0M · 216 accts · $661K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,631
Total administrative$35,631
The The Purple Guys, L.L.C. 401(k) match · 2023
Employer contribution per active participant$2,377
Median for plans this size$1,308

The Purple Guys, L.L.C.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ARGENT RETIREMENT PLAN ADVISORS LLC · Investment advisory (plan)$18,477
HEARD MCELROY & VESTAL LLC · Investment management$12,675
EMPOWER ADVISORY GROUP, LLC · Investment management$1,137

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

Administrative cost history2
2024Not separately reported
2023$35,631 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Southern Power Systems, Inc LA$10.5M · 0.57%
Polaris Epc Inc. LA$10.5M · 0.01%
Pmi Resource, LLC LA$9.6M · 0.81%
Linear Controls, Inc. LA$9.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721383109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.