2023 Form 5500 filing — Purple Communications, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241003054346NAL0005481619001) for Purple Communications, Inc. 401(K) Plan, reported by Purple Communications, Inc. under EIN 22-3693371 and plan number 001. It reports 2,025 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$30.9MReported net assets$30,863,817
Participants2K2,025
Provider compensation$193.5K4 Schedule C row(s)$193,492
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241003054346NAL0005481619001
- Plan sponsor
- Purple Communications, Inc.
- EIN
- 22-3693371
- Plan number
- 001
- Location
- Austin, TX
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$30.9M total assets
Net assets$30.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $30,863,817
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,863,817
- Employer contributions
- $348,726
- Participant contributions
- $2,659,178
- Total income / additions
- $7,906,339
- Benefits paid
- $1,827,415
- Administrative expenses
- $193,494
- Total expenses
- $2,052,535
- Net increase / (decrease)
- $5,853,804
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $109,523 | $0 |
| The Patriot Fncl Grp Insur. Agency, | INVESTMENT/FINANCIAL ADVI | $48,942 | $0 |
| Securities America Advisors, Inc. | INVESTMENT/FINANCIAL ADVI | $35,027 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |