401(k) · DOL Form 5500 · 2024

Purple Wall Business Services, LLC Dba Twin Cities Tax 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
5
Participants Small participant base
28th
Percentile by assets National rank
$341,942
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Twin Cities Tax 401(k) Plan · Sponsored by Purple Wall Business Services, LLC Dba Twin Cities Tax · Minnesota · Professional & Technical Services

$2M in assets, 5 participants

Purple Wall Business Services, LLC Dba Twin Cities Tax's Twin Cities Tax 401(k) Plan reported $2M in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #4,705 in Professional & Technical Services (20,173 peers)

Purple Wall Business Services, LLC Dba Twin Cities Tax multi-year trail

Purple Wall Business Services, LLC Dba Twin Cities Tax's plans moved +24.4% in assets from 2022 to 2024; this filing shows Twin Cities Tax 401(k) Plan at $2M / 5 participants.

#4,705
in Professional & Technical Services (20,173 peers)
+8.4%
assets growth YoY

Twin Cities Tax 401(k) Plan among the smaller filed plans by assets

Twin Cities Tax 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,709,708 28th percentile higher than 28% of 123,620 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 2024

Twin Cities Tax 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Twin Cities Tax 401(k) Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Twin Cities Tax 401(k) Plan reported participants rose from 3 in the plan year 2023 filing to 5 in the plan year 2024 filing.
  • Twin Cities Tax 401(k) Plan reported net income fell from $203K in the plan year 2023 filing to $133K in the plan year 2024 filing.
  • Twin Cities Tax 401(k) Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 271392982 · Purple Wall Business Services, LLC Dba Twin Cities Tax PY 2024 · 401(k)

Twin Cities Tax 401(k) Plan · $2M · 5 · 28th

  • SCH $2M
  • EBSA 5
  • PART 28th
  • TYPE 401(k)
  • NET near Becker Chiropractic 401(k) Plan
  • BOOK ind #4705

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Twin Cities Tax 401(k) Plan in the asset neighbourhood

Twin Cities Tax 401(k) Plan$2MBecker Chiropractic 401(k) PlanBecker Chiropractic 401(k) P…$2MStudio D Architects 401(k) Profit Sharing PlanStudio D Architects 401(k) P…$2MInternational Support Group 401(k) PlanInternational Support Group …$2MHolle Family Funeral Home, Inc. 401(k) Profit Sharing PlanHolle Family Funeral Home, I…$2M
End-of-year total assets ($M) among Twin Cities Tax 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Purple Wall Business Services, LLC Dba Twin Cities Tax multi-year asset trail

Sponsor-wide plan assets over time

All Purple Wall Business Services, LLC Dba Twin Cities Tax plans reported in each filing year

Latest sponsor-wide plan assets
$2M 24.397858827244438% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M 202220232024 $1.37M $1.71M ▲ +24.8%
Year Plans Participants Total Assets
2022 1 4 $1M
2023 1 3 $2M
2024 1 5 $2M

Purple Wall Business Services, LLC Dba Twin Cities Tax filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$133K
Employer EIN271392982
Plan Effective Date2004-04-12
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Twin Cities Tax 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Twin Cities Tax 401(k) Plan, Total assets ($B): 0.001709708 · Participants: 5Twin Cities Tax 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Twin Cities Tax 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Twin Cities Tax 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Becker Chiropractic 401(k) Plan in PA ($2M); by covered participants it is Nasr Psychiatric Services 401(k) Plan in IN (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Twin Cities Tax 401(k) Plan assets move in 2024? ▼
Twin Cities Tax 401(k) Plan grew at a solid clip - up 8.4% during 2024, from $2M to $2M. Reported net income was $133K.
How have Purple Wall Business Services, LLC Dba Twin Cities Tax plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Purple Wall Business Services, LLC Dba Twin Cities Tax's sponsor-wide assets grew 24.4%, from $1M to $2M.
Which 401(k) plans are similar in size to Twin Cities Tax 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Becker Chiropractic 401(k) Plan in PA ($2M, 4 participants).
Which 401(k) plans cover a similar participant headcount to Twin Cities Tax 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nasr Psychiatric Services 401(k) Plan in IN (5 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 271392982.

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.