401(k) · DOL Form 5500 · 2023

Purple Innovation, LLC 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
1,336
Participants Near avg headcount
80th
Percentile by assets National rank
$24,637
Avg per participant Low balance/head
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Official DOL plan name: Purple 401(k) Plan · Sponsored by Purple Innovation, LLC · Utah · Manufacturing

$33M in assets, 1,336 participants

Purple Innovation, LLC's Purple 401(k) Plan reported $33M in total assets and 1,336 participants in its 2023 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #13,590 in Manufacturing (18,722 peers)

Coverage in Utah

Purple 401(k) Plan covers 1,336 participants in Utah, 2.3x the typical Utah plan (state average ~592 per filing). Assets: $33M.

#13,590
in Manufacturing (18,722 peers)
+51.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Purple 401(k) Plan's outsized position by total assets

Purple 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$32,915,156 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Purple 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Purple 401(k) Plan lands in the large band (1,336 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Purple 401(k) Plan reported net income rose from $2M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Purple 401(k) Plan end-of-year assets rose from $22M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Purple 401(k) Plan reported participants fell from 1,733 in the plan year 2022 filing to 1,336 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 272677854 · Purple Innovation, LLC PY 2023 · 401(k)

Purple 401(k) Plan · $33M · 1,336 · 80th

  • TYPE $33M
  • NET 1,336
  • BOOK 80th
  • VS-ST 401(k)
  • BOY near Chambers & Owen, Inc. 401(k) Plan
  • SCH ind #13590

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Utah →

Purple 401(k) Plan in the asset neighbourhood

Purple 401(k) Plan$33MChambers & Owen, Inc. 401(k) PlanChambers & Owen, Inc. 401(k)…$33MMwg Gp LLC 401(k) Plan$33MEnvista, LLC 401(k) Profit Sharing PlanEnvista, LLC 401(k) Profit S…$33MThe Educational & Institutional Co-Op Services, Inc. Savings and Investment PlanThe Educational & Institutio…$33M
End-of-year total assets ($M) among Purple 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$33M
Net Income$11M
Employer EIN272677854
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Purple Innovation, LLC)

Sponsor-wide plan assets over time

All Purple Innovation, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$40M 86.24213390749098% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $21.7M $40.4M ▲ +86.2%
Year Plans Participants Total Assets
2022 1 1,733 $22M
2023 1 1,336 $33M
2024 1 1,412 $40M

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Purple 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -202468 Total assets ($B) Participants Purple 401(k) Plan, Total assets ($B): 0.032915156 · Participants: 1336Purple 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Purple 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Purple 401(k) Plan side-by-side with 3 peers →

Purple 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Chambers & Owen, Inc. 401(k) Plan in WI ($33M); by covered participants it is Wendy's Employee Investment Plan in KY (1,336 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,336 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Purple 401(k) Plan assets move in 2023? ▼
Purple 401(k) Plan surged - up 51.8% during 2023, from $22M to $33M. Reported net income was $11M.
How have Purple Innovation, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Purple Innovation, LLC's sponsor-wide assets grew 86.2%, from $22M to $40M.
Where does Purple 401(k) Plan rank by assets among Form 5500 filers? ▼
Purple 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Purple 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chambers & Owen, Inc. 401(k) Plan in WI ($33M, 103 participants).
Which 401(k) plans cover a similar participant headcount to Purple 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wendy's Employee Investment Plan in KY (1,336 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 272677854.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.