Abarca Health LLCProfit-sharing plan
ABARCA HEALTH SAVINGS & RETIREMENT PLAN · SAN JUAN, PR · plan year 2024
Abarca Health LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $13,449,330 across 473 participant accounts, with employer contributions averaging $1,119 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio fell from 0.25% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 99th-largest of 323 plans among PR employers on file, and the 4,815th of 11,911 in health care & social assistance. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 385 to 540 since 2022.
Abarca Health LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 660742627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.