2023 Form 5500 filing — Purple Strategies 401(K) Retirement 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 20241014105324NAL0025974369001) for Purple Strategies 401(K) Retirement Plan, reported by Purple Strategies, LLC under EIN 26-4383277 and plan number 001. It reports 224 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014105324NAL0025974369001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Purple Strategies, LLC
- EIN
- 26-4383277
- Plan number
- 001
- Location
- Alexandria, VA
- Participants
- 224
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,337,540
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,337,540
- Employer contributions
- $764,347
- Participant contributions
- $1,656,247
- Total income / additions
- $4,981,351
- Benefits paid
- $545,428
- Administrative expenses
- $40,675
- Total expenses
- $586,103
- Net increase / (decrease)
- $4,395,248
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lion Street Advisors LLC | N/A | $31,900 | not reported in the loaded dataset |
| Mid Atlantic Capital Corporation | N/A | $5,215 | not reported in the loaded dataset |