Plan Snapshot
- Plan Sponsor: Water Pure, INC. Dba Purity Products
- Sponsor EIN: 113170657
- Sponsor Address: 200 TERMINAL DRIVE, PLAINVIEW, NY, 11803
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $10.7M
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 | 95 | $10.7M | $192,469 | $480,383 |
| 2023 | 108 | $9.9M | $152,789 | $487,357 |
| 2022 | 108 | $8.0M | $129,381 | $424,604 |
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 |
|---|---|---|---|---|
| WEISBERG, MOLE', KRANTZ & GOLDFARB, | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $47,988 | — | $47,988 | — | — |
| 2023 | $41,017 | — | $41,017 | — | — |
| 2022 | $37,163 | — | $37,163 | — | — |