Plain-English plan 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, Purple Strategies 401(K) Retirement Plan is a benefit plan reported by Purple Strategies, LLC under EIN 26-4383277 and plan number 001. The latest loaded filing year is 2023. The filing reports 224 participants and $16,337,540 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,337,540
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,337,540
- Net assets (BOY)
- $11,942,292
Income & contributions
- Employer contributions
- $764,347
- Participant contributions
- $1,656,247
- Total contributions
- $2,499,332
- Total income / additions
- $4,981,351
Expenses & distributions
- Benefits paid
- $545,428
- Administrative expenses
- $40,675
- Total expenses
- $586,103
- Net increase / (decrease)
- $4,395,248