Plan Ledger DOL Form 5500 · updated monthly

Asociacion de Maestros de Puerto RicoProfit-sharing plan

ASOCIACION DE MAESTROS DE PUERTO RICO RETIREMENT PLAN · SAN JUAN, PR · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

Asociacion de Maestros de Puerto Rico reported $13,183 in plan administrative expenses for 2023: 0.64% of average plan assets, above the peer median. Employer contributions averaged $484 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 1 year on file its reported administrative ratio fell from 0.72% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in PR (242nd of 323), and 2,829th of 3,091 in educational services. In 2023, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,211,956
Participants with balances98
Active participants78
Employer contributions$37,715
Employee contributions$89,462
Employer contribution per active participant$484
Average account balance$22,571
Benefits paid to participants$86,497
Plan auditUnmodified (clean) audit opinion
AuditorZAYAS, MORAZZANI & CO.
Plan history2
Yearassets · accounts · employer contribution
2023$2.2M · 98 accts · $38K emplr
2022$1.9M · 104 accts · $39K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,073
Investment management$8,110
Total administrative$13,183
Employer contributions to the Asociacion de Maestros de Puerto Rico plan · 2023
Employer contribution per active participant$484
Median for plans this size$1,308
2023$484 per active participant
2022$457 per active participant

Asociacion de Maestros de Puerto Rico's 2023 employer contribution ran below the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping$5,073
UBS FINANCIAL SERVICES INC. · Investment advisory (plan) · Investment management$8,110

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

Administrative cost history2
2023$13,183 · 0.64%
2022$15,553 · 0.72%
Similar plansEducational Services · PR

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Source: U.S. Department of Labor, Form 5500 series, EIN 660194027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.