Plan Ledger DOL Form 5500 · updated monthly

Baldwin SchoolProfit-sharing plan

THE BALDWIN SCHOOL OF P.R. PROFIT SHARING PLAN · BAYAMON, PR · plan year 2024

Employer contribution per participant · 2024
$2,398

Baldwin School'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 $13,143,983 across 200 participant accounts, with employer contributions averaging $2,398 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 101st-largest of 323 plans among PR employers on file, and 1,908th of 3,091 in educational services. In 2024, the employer put in $1.42 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,143,983
Participants with balances200
Active participants151
Employer contributions$362,044
Employee contributions$255,707
Employer contribution per active participant$2,398
Average account balance$65,720
Benefits paid to participants$440,304
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 200 accts · $362K emplr
2023$11.5M · 195 accts · $354K emplr
2022$10.1M · 182 accts · $349K emplr
Employer contributions to the Baldwin School plan · 2024
Employer contribution per active participant$2,398
Median for plans this size$2,416
2024$2,398 per active participant
2023$2,428 per active participant
2022$2,514 per active participant

Baldwin School's 2024 employer contribution ran below the $2,416 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.

Service providers · 20241
BPPR - POPULAR FIDUCIARY SERVICES · Trusteeindirect comp

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

Administrative cost history3
2024Not separately reported
2023$41,877 · 0.39%
2022$37,857 · 0.40%
Same employer
Similar plansEducational Services · PR
Colegio Marista PR$7.1M · 0.10%
Robinson School, Inc. PR$7.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660272821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.