Plan Snapshot
- Plan Sponsor: The Purple Guys, L.L.C.
- Sponsor EIN: 721383109
- Sponsor Address: 347 BERT KOUNS INDUSTRIAL LOOP, SHREVEPORT, LA, 71106
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $339,176 | $441,812 |
| 2023 | 278 | $10.0M | $660,873 | $926,984 |
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 | $14,693 | — | $14,693 |
| ARGENT RETIREMENT PLAN ADVISORS LLC | Investment Advisor | $14,134 | — | $14,134 |
| HEARD MCELROY & VESTAL LLC | Other Service Provider | $7,725 | — | $7,725 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,552
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 | $35,043 | — | — | — | — |
| 2023 | $35,631 | — | — | — | — |