Plan Snapshot
- Plan Sponsor: Pure Flow, INC.
- Sponsor EIN: 561495706
- Sponsor Address: 1241 JAY LANE, GRAHAM, NC, 27253
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $10.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 137 | $10.2M | $259,139 | $417,941 |
| 2023 | 142 | $8.9M | $232,749 | $359,828 |
| 2022 | 129 | $7.5M | $223,063 | $338,185 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $19,868 | — | $19,868 |
| CETERA ADVISORS LLC | Investment Advisor | — | $17,850 | $17,850 |
| QUALIFIED RETIREMENT PLAN SERVICES, | Other Service Provider | $1,600 | $9,511 | $11,111 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,632 | — | $6,632 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,461
- Estimated Expense Ratio: 0.543% 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 | $31,712 | $2,490 | $29,222 | — | — |
| 2023 | $26,954 | $2,415 | $24,539 | — | — |
| 2022 | $28,028 | $1,321 | $26,707 | — | — |