401(k) · DOL Form 5500 · 2024

Purple Innovation, LLC 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
1,412
Participants Near avg headcount
82nd
Percentile by assets National rank
$28,592
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Purple 401(k) Plan · Sponsored by Purple Innovation, LLC · Utah · Manufacturing

$40M in assets, 1,412 participants

Purple Innovation, LLC's Purple 401(k) Plan reported $40M in total assets and 1,412 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #13,179 in Manufacturing (17,777 peers)

Coverage in Utah

Purple 401(k) Plan covers 1,412 participants in Utah, 2.4x the typical Utah plan (state average ~592 per filing). Assets: $40M.

#13,179
in Manufacturing (17,777 peers)
+22.7%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$40,371,225 Top 18% higher than 82% 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

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Purple 401(k) Plan lands in the large band (1,412 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Purple 401(k) Plan reported net income fell from $11M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Purple 401(k) Plan end-of-year assets rose from $33M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Purple 401(k) Plan reported participants rose from 1,336 in the plan year 2023 filing to 1,412 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 272677854 · Purple Innovation, LLC PY 2024 · 401(k)

Purple 401(k) Plan · $40M · 1,412 · 82nd

  • IND $40M
  • EOY 1,412
  • 5500 82nd
  • ASSETS 401(k)
  • PCT near Ennead Architects LLP 401(k) Plan
  • EIN ind #13179

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$40MEnnead Architects LLP 401(k) PlanEnnead Architects LLP 401(k)…$40MSt. Louis Cardinals Savings PlanSt. Louis Cardinals Savings …$40MGonnella Retirement Savings PlanGonnella Retirement Savings …$40MSpecialist Staffing Solutions, Inc. Retirement PlanSpecialist Staffing Solution…$40M
End-of-year total assets ($M) among Purple 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$40M
Net Income$7M
Employer EIN272677854
Plan Effective Date2018-07-01
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. -20000020000400006000080000 -202468 Total assets ($B) Participants Purple 401(k) Plan, Total assets ($B): 0.040371225 · Participants: 1412Purple 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership 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 Ennead Architects LLP 401(k) Plan in NY ($40M); by covered participants it is Latham Pool Products, Inc. 401(k) Savings Plan in NY (1,412 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,412 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 Purple 401(k) Plan assets move in 2024? ▼
Purple 401(k) Plan grew sharply - up 22.7% during 2024, from $33M to $40M. Reported net income was $7M.
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 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Ennead Architects LLP 401(k) Plan in NY ($40M, 178 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 Latham Pool Products, Inc. 401(k) Savings Plan in NY (1,412 participants, $56M 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 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.