Puratos Corporation Union Employees 401(K) Savings Plan — Form 5500 plan (Puratos Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Puratos Corporation Union Employees 401(K) Savings Plan is a benefit plan reported by Puratos Corporation under EIN 04-2707059 and plan number 002. The latest loaded filing year is 2023. The filing reports 190 participants and $1,617,608 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.6MPlan net assets, end of year$1,617,608
Participants190Covered participants reported
Assets / participant$8.5KComputed: assets ÷ participants$8,514 (computed)
Provider compensation$13.9K1 Schedule C provider row(s)$13,915
Plan sponsor
Puratos Corporation
EIN
04-2707059
Plan number
002
Plan type
2
Location
Pennsauken, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023190H, C20240930152100NAL0011486802001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.6M total assets
Net assets$1.6MLiabilities$0
Money in vs. money out
Total income / additions$881.9K
Total expenses$119.4K
Benefits paid / distributions$102.2K
Contributions
Employer$218.7K
Participant$398.9K
Full reported line items

Net assets

Total assets (EOY)
$1,617,608
Total liabilities (EOY)
$0
Net assets (EOY)
$1,617,608
Net assets (BOY)
$862,114

Income & contributions

Employer contributions
$218,735
Participant contributions
$398,861
Total contributions
$671,828
Total income / additions
$881,879

Expenses & distributions

Benefits paid
$102,235
Administrative expenses
$17,174
Total expenses
$119,409
Net increase / (decrease)
$762,470
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income12%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$13,915$02023

Related Form 5500 pages