Plan Ledger DOL Form 5500 · updated monthly

Centro de Educacion Multidisciplinaria, Inc. dba Cem CollegeProfit-sharing plan

CEM COLLEGE RETIREMENT PLAN · SAN JUAN, PR · plan year 2022

Reported admin expense ratio · 2022
1.93%

Centro de Educacion Multidisciplinaria, Inc. dba Cem College reported $9,117 in plan administrative expenses for 2022: 1.93% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in PR (306th of 323), and 3,049th of 3,091 in educational services.

Plan summary
Net assets, end of year$402,551
Participants with balances51
Active participants85
Employer contributions—
Employee contributions$27,157
Employer contribution per active participant—
Average account balance$7,893
Benefits paid to participants$71,674
Plan auditDisclaimer of opinion
AuditorPEREZ MONTALVO & COMPANY, LLC CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$825
Investment management$8,292
Total administrative$9,117
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,117 · 1.93%
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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 660377342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.