401(k)
2022 plan-year 401(k) DOL Form 5500

PURPLE COMMUNICATIONS, INC. 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PURPLE COMMUNICATIONS, INC.

This 401(k) plan holds $25M in total assets and serves 1,193 participants as of 2022. It is sponsored by PURPLE COMMUNICATIONS, INC. in Texas. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$25M
Participants
1,193
State
Industry
Professional & Technical Services

What the Filing Says About PURPLE COMMUNICATIONS, INC. 401(K) PLAN

PURPLE COMMUNICATIONS, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by PURPLE COMMUNICATIONS, INC., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 1,193 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 223693371, and the plan has been effective since 1999-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2022 to $25M at year-end — a decline of 14.1%. Net assets (after liabilities) closed the year at $25M, with reported net income of $-4,091,898 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$29M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$-4,091,898
Plan Type401(k)
Employer EIN223693371
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PURPLE COMMUNICATIONS, INC.)

Year Plans Participants Total Assets
2022 1 1,193 $25M
2023 1 1,486 $31M
2024 1 1,508 $34M

Nearby 401(k) Plans in Texas

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Frequently Asked Questions

How much money is in the PURPLE COMMUNICATIONS, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, PURPLE COMMUNICATIONS, INC. 401(K) PLAN holds $25M in total assets with 1,193 participants. It is sponsored by PURPLE COMMUNICATIONS, INC..
What type of plan is PURPLE COMMUNICATIONS, INC. 401(K) PLAN?
PURPLE COMMUNICATIONS, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 1999-01-01. The plan is filed with the U.S. Department of Labor under EIN 223693371.
Who sponsors the PURPLE COMMUNICATIONS, INC. 401(K) PLAN?
PURPLE COMMUNICATIONS, INC. 401(K) PLAN is sponsored by PURPLE COMMUNICATIONS, INC., located in Texas. The sponsor's EIN is 223693371 and the plan operates in the Professional & Technical Services industry.
How did PURPLE COMMUNICATIONS, INC. 401(K) PLAN perform in 2022?
PURPLE COMMUNICATIONS, INC. 401(K) PLAN declined by 14.1% during 2022, moving from $29M to $25M in total assets. Net income was $-4,091,898.
Where can I find official filings for PURPLE COMMUNICATIONS, INC. 401(K) PLAN?
Official Form 5500 filings for PURPLE COMMUNICATIONS, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 223693371 or plan name at efast.dol.gov.
How does PURPLE COMMUNICATIONS, INC. 401(K) PLAN compare to other plans?
You can compare PURPLE COMMUNICATIONS, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 223693371.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.