# Purvis Systems INC 401(k) Plan
Source: https://planprovider.pro/companies/purvis-systems-inc-401k-plan

> Purvis Systems INC's 401(k) plan: 254 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## 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](https://planprovider.pro/provider/sansiveri-kimball-and-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|—|—|

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