Plan Ledger DOL Form 5500 · updated monthly

Abarca Health Fl LLC401(k)

ABARCA HEALTH FL LLC SAVINGS & RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.90%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Abarca Health Fl LLC reported $58,454 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,797 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.30% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 131st-largest of 323 plans among PR employers on file, and 6,183rd of 11,911 in health care & social assistance. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 217 to 409 since 2022.

Plan summary
Net assets, end of year$8,662,093
Participants with balances375
Active participants409
Employer contributions$735,085
Employee contributions$2,191,168
Employer contribution per active participant$1,797
Average account balance$23,099
Benefits paid to participants$274,415
Plan auditUnmodified (clean) audit opinion
AuditorDE ANGEL & COMPANIA CPA, LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 375 accts · $735K emplr
2023$4.4M · 226 accts · $389K emplr
2022$2.2M · 144 accts · $251K emplr
The Abarca Health Fl LLC 401(k) match · 2024
Employer contribution per active participant$1,797
Median for plans this size$1,313
2024$1,797 per active participant
2023$1,405 per active participant
2022$1,158 per active participant

Abarca Health Fl LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
POPULAR, INC.$35,578

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$58,454 · 0.90%
2023$13,946 · 0.43%
2022$5,148 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · PR
Hospital Damas, Inc. PR$7.9M · 1.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812305300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.