Puratos Corporation 401(k) Review & Grade
Puratos USA Employee Savings Plan
Pennsauken, NJManufacturing535 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,255Employer $ per active participant
$6,459Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$43.0MNet plan assets, end of year
$90,187Average balance per account
Score breakdown
- Employer generosity33.2 / 5066th percentile for employer $ per participant
- Low cost11.1 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving10.3 / 1569th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 66th |
| Lower admin cost | 44th |
| Employee saving | 69th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Puratos put in about $3,255 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,741,474 |
| Participant (employee) contributions | $3,455,750 |
| Other contributions (incl. rollovers in) | $500,491 |
| Administrative expenses paid from the plan | $106,249 |
| Contract administrator fees | $66,251 |
| Investment advisory & management fees | $39,998 |
| Benefits paid out | $3,751,627 |
| Net assets, start / end of year | $35.3M / $43.0M |
| Active participants, start / end of year | 532 / 538 |
| Participants with account balances | 477 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $66,251 reported compensation |
| Wells Fargo Advisors | $40,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015153345NAL0005002817001, received 2025-10-15, EIN 04-2707059, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.