Plan Ledger DOL Form 5500 · updated monthly

Conduent Business Solutions of Puerto Rico, Inc.Profit-sharing plan

CONDUENT BUSINESS SOLUTIONS OF PUERTO RICO SAVINGS PLAN · FLORHAM PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
3.65%

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

Conduent Business Solutions of Puerto Rico, Inc. reported $13,477 in plan administrative expenses for 2024: 3.65% of average plan assets, higher than ~75% of peers. Employer contributions averaged $13 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 rose from 2.17% to 3.65%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,308th of 2,419), and 11,454th of 11,654 in professional & technical services. In 2024, employees put in $15.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$419,023
Participants with balances87
Active participants559
Employer contributions$7,294
Employee contributions$113,842
Employer contribution per active participant$13
Average account balance$4,816
Benefits paid to participants$69,630
Plan auditUnmodified (clean) audit opinion
AuditorCHAPMAN, HEXT & CO. P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$419K · 87 accts · $7K emplr
2022$274K · 93 accts · $6K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,626
Trustee / custodial$851
Total administrative$13,477
Employer contributions to the Conduent Business Solutions of Puerto Rico, Inc. plan · 2024
Employer contribution per active participant$13
Median for plans this size$540
2024$13 per active participant
2022$8 per active participant

Conduent Business Solutions of Puerto Rico, Inc.'s 2024 employer contribution ran below the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Loan processing$12,626

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

Administrative cost history2
2024$13,477 · 3.65%
2022$6,078 · 2.17%
Similar plansProfessional & Technical Services · New Jersey
Smart Ims NJ$518K · 1.31%
Shekia Group L L C NJ$382K · 0.06%
Logic Planet Inc NJ$375K · 0.02%
Friends of Cyrus II NJ$369K · 0.78%
Asden Management LLC NJ$367K · 1.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660770871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.