Plan Ledger DOL Form 5500 · updated monthly

Alight Solutions Caribe401(k)

ALIGHT SOLUTIONS CARIBE, INC. SAVINGS PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Alight Solutions Caribe reported $23,447 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $1,715 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 fell from 0.40% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is the 134th-largest of 323 plans among PR employers on file, and 4,131st of 4,798 in finance & insurance. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,450,767
Participants with balances407
Active participants366
Employer contributions$627,606
Employee contributions$804,068
Employer contribution per active participant$1,715
Average account balance$20,764
Benefits paid to participants$1,154,486
Plan auditUnmodified (clean) audit opinion
AuditorPSV & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 407 accts · $628K emplr
2023$7.1M · 452 accts · $613K emplr
2022$4.9M · 423 accts · $576K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$23,447
Total administrative$23,447
The Alight Solutions Caribe 401(k) match · 2024
Employer contribution per active participant$1,715
Median for plans this size$1,313
2024$1,715 per active participant
2023$1,313 per active participant
2022$1,419 per active participant

Alight Solutions Caribe'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 · Trustee$23,447

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$23,447 · 0.30%
2023$20,621 · 0.34%
2022$20,670 · 0.40%
Similar plansFinance & Insurance · PR
Island Finance, LLC PR$13.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660466974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.