Plan Ledger DOL Form 5500 · updated monthly

Cooperativa de Ahorro Y Credito de AreciboProfit-sharing plan

COOP. A/C DE ARECIBO 1081.01(D) SALARY DEFERRAL RETIREMENT PLAN · ARECIBO, PR · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Cooperativa de Ahorro Y Credito de Arecibo reported $46,673 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,027 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 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 100th-largest of 323 plans among PR employers on file, and 3,660th of 4,798 in finance & insurance. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,331,003
Participants with balances215
Active participants227
Employer contributions$460,051
Employee contributions$476,324
Employer contribution per active participant$2,027
Average account balance$62,005
Benefits paid to participants$1,694,963
Plan auditUnmodified (clean) audit opinion
AuditorLANDA UMPIERRE PSC
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 215 accts · $460K emplr
2023$12.4M · 217 accts · $437K emplr
2022$9.8M · 230 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,673
Total administrative$46,673
Employer contributions to the Cooperativa de Ahorro Y Credito de Arecibo plan · 2024
Employer contribution per active participant$2,027
Median for plans this size$2,416
2024$2,027 per active participant
2023$1,923 per active participant
2022$1,906 per active participant

Cooperativa de Ahorro Y Credito de Arecibo'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.

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 · 20245
B RILEY WEATH MANAGEMENT INC$17,220
EMPOWER ADVISORY GROUP, LLC · Investment management$10,200
ORIENTAL BANK & TRUST · Contract administrator · Trustee (directed)indirect comp
NPPG RECORD KEEPING SOLUTIONS · Contract administratorindirect 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
2024$46,673 · 0.36%
2023$39,024 · 0.35%
2022$40,360 · 0.37%
Similar plansFinance & Insurance · PR
Marsh Saldana, Inc. PR$16.8M · 0.81%
Island Finance, LLC PR$13.0M · 0.33%
Alight Solutions Caribe PR$8.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660190521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.