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 401(K) Plan is a benefit plan reported by Purple Innovation, LLC under EIN 27-2677854 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,112 participants and $32,915,156 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,915,156
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,915,156
- Net assets (BOY)
- $21,676,741
Income & contributions
- Employer contributions
- $3,818,931
- Participant contributions
- $5,092,697
- Total contributions
- $10,155,655
- Total income / additions
- $14,928,158
Expenses & distributions
- Benefits paid
- $3,604,841
- Administrative expenses
- $63,297
- Total expenses
- $3,689,743
- Net increase / (decrease)
- $11,238,415