Plan Ledger DOL Form 5500 · updated monthly

Cps Puerto Rico, Inc.Profit-sharing plan

CPS PUERTO RICO, INC. 1165(E) PLAN · MINNETONKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Cps Puerto Rico, Inc. reported $44,899 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $2,559 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 0.55% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,344th of 1,918), and 5,960th of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,258,043
Participants with balances173
Active participants123
Employer contributions$314,730
Employee contributions$551,971
Employer contribution per active participant$2,559
Average account balance$53,515
Benefits paid to participants$650,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 173 accts · $315K emplr
2023$8.1M · 162 accts · $296K emplr
2022$6.6M · 150 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,551
Audit (IQPA)$10,499
Trustee / custodial$18,849
Total administrative$44,899
Employer contributions to the Cps Puerto Rico, Inc. plan · 2024
Employer contribution per active participant$2,559
Median for plans this size$1,313
2024$2,559 per active participant
2023$2,506 per active participant
2022$2,404 per active participant

Cps Puerto Rico, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$15,077
BPPR - POPULAR FIDUCIARY SERVICES · Trustee$18,849
FORVIS, LLP · Accounting / audit$10,499

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,899 · 0.52%
2023$40,735 · 0.55%
2022$38,545 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Catholic Eldercare, Inc. MN$9.3M · 0.59%
Tubman MN$8.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660602419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.