Plan Snapshot
- Plan Sponsor: Panamera Acquisition Holdings, INC. D/B/A Purposebuilt Brands, INC.
- Sponsor EIN: 833526627
- Sponsor Address: 755 TRI-STATE PKWY, GURNEE, IL, 60031
- Plan Type: 401(k)
- Total Participants: 484
- Total Assets: $31.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 484 | $31.8M | $760,670 | $2.5M |
| 2023 | 331 | $28.6M | $610,941 | $2.1M |
| 2022 | 309 | $23.5M | $1.4M | $2.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $41,993 | — | $41,993 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $20,520 | — | $20,520 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,096 | — | $7,096 |
| GRANT THORNTON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP, LLC — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- GRANT THORNTON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,609
- Estimated Expense Ratio: 0.219% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $69,510 | $7,096 | — | — | — |
| 2023 | $100,537 | $53,687 | $300 | $24,500 | — |
| 2022 | $85,164 | $682 | — | — | — |