Plan Ledger DOL Form 5500 · updated monthly

Carrion, Laffitte & Cassellas, Inc.401(k)

CARRION, LAFFITTE & CASSELLAS, INC. RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Carrion, Laffitte & Cassellas, Inc. reported $76,032 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $1,164 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 3 years on file its reported administrative ratio has held roughly steady near 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is the 122nd-largest of 323 plans among PR employers on file, and 8,033rd of 11,654 in professional & technical services. In 2024, employees put in $3.59 for every $1.00 the employer contributed; active participation has grown from 105 to 117 since 2022.

Plan summary
Net assets, end of year$9,872,185
Participants with balances146
Active participants117
Employer contributions$136,189
Employee contributions$488,613
Employer contribution per active participant$1,164
Average account balance$67,618
Benefits paid to participants$93,015
Plan auditUnmodified (clean) audit opinion
AuditorCROWE PR PSC
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 146 accts · $136K emplr
2023$8.4M · 127 accts · $187K emplr
2022$7.2M · 113 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$825
Investment management$33,556
Total administrative$76,032
The Carrion, Laffitte & Cassellas, Inc. 401(k) match · 2024
Employer contribution per active participant$1,164
Median for plans this size$1,313
2024$1,164 per active participant
2023$1,600 per active participant
2022$1,768 per active participant

Carrion, Laffitte & Cassellas, Inc.'s 2024 employer contribution ran below 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 · 20242
ORIENTAL BANK · Trustee$41,651
FUTURE CAPITAL · Investment advisory (participants)$33,556

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$76,032 · 0.83%
2023$65,852 · 0.84%
2022$76,390 · 0.84%
Same employer
Similar plansProfessional & Technical Services · PR
Nypro Puerto Rico, Inc. PR$12.0M · 0.41%
Cpm Pr, LLC PR$10.0M · 0.54%
Oracle Caribbean, Inc. PR$9.1M · 0.02%
Garage Isla Verde LLC PR$8.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660635623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.