Plan Snapshot
- Plan Sponsor: Purvis Systems INC
- Sponsor EIN: 112299301
- Sponsor Address: 88 SILVA LANE, MIDDLETOWN, RI, 028427634
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $28.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 254 | $28.8M | $0 | $0 |
| 2024 | 225 | $25.8M | $0 | $0 |
| 2023 | 173 | $23.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| SANSIVERI, KIMBALL & CO., LLP | Auditor | $19,400 | — | $19,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SANSIVERI, KIMBALL & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,400
- Estimated Expense Ratio: 0.067% 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 |
|---|---|---|---|---|---|
| 2025 | $101,052 | $33,542 | $24,243 | $19,400 | — |
| 2024 | $90,022 | $28,186 | $26,793 | $18,500 | — |
| 2023 | $89,734 | $2,255 | $86,660 | — | — |