Plan Ledger DOL Form 5500 · updated monthly

Cooperativa de Ahorro Y Credito de BarranquitasProfit-sharing plan

COOPERATIVA DE AHORRO Y CREDITO DE BARRANQUITAS SALARY DEFERRAL RETIREMENT PLAN · BARRANQUITAS, PR · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

Cooperativa de Ahorro Y Credito de Barranquitas reported $27,842 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $806 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 has held roughly steady near 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in PR (204th of 323), and 4,539th of 4,798 in finance & insurance. In 2023, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,742,798
Participants with balances130
Active participants130
Employer contributions$104,808
Employee contributions$135,352
Employer contribution per active participant$806
Average account balance$28,791
Benefits paid to participants$622,267
Plan auditUnmodified (clean) audit opinion
AuditorLUIS CANDELARIO ROSARIO CPA
Plan history2
Yearassets · accounts · employer contribution
2024$3.7M · 126 accts · $108K emplr
2023$3.7M · 130 accts · $105K emplr
Employer contributions to the Cooperativa de Ahorro Y Credito de Barranquitas plan · 2023
Employer contribution per active participant$806
Median for plans this size$1,308
2024$858 per active participant
2023$806 per active participant

Cooperativa de Ahorro Y Credito de Barranquitas's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CONSULTIVA WEALTH MANAGEMENT CORP · Investment advisory (plan)$20,623
PENSION ADMINISTRATORS GROUP, INC. · Contract administrator$325

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$31,823 · 0.85%
2023$27,842 · 0.82%
Similar plansFinance & Insurance · PR
Triple-S Salud PR$6.0M · 0.25%
Trans-Oceanic Group, Inc PR$2.2M · 1.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660266453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.