Plan Ledger DOL Form 5500 · updated monthly

Cooperativa de Seguros de Vida de Puerto RicoProfit-sharing plan

COOPERATIVA DE SEGUROS DE VIDA DE PUERTO RICO 1081.01D SALARY DEFERRAL RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Cooperativa de Seguros de Vida de Puerto Rico reported $35,894 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $265 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 0.33% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is the 145th-largest of 323 plans among PR employers on file, and 4,203rd of 4,798 in finance & insurance. In 2024, employees put in $6.44 for every $1.00 the employer contributed; active participation has grown from 207 to 294 since 2022.

Plan summary
Net assets, end of year$7,683,683
Participants with balances295
Active participants294
Employer contributions$77,881
Employee contributions$501,899
Employer contribution per active participant$265
Average account balance$26,046
Benefits paid to participants$363,702
Plan auditUnmodified (clean) audit opinion
AuditorLANDA UMPIERRE
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 295 accts · $78K emplr
2023$6.8M · 300 accts · $72K emplr
2022$6.0M · 277 accts · $69K emplr
Employer contributions to the Cooperativa de Seguros de Vida de Puerto Rico plan · 2024
Employer contribution per active participant$265
Median for plans this size$1,313
2024$265 per active participant
2023$246 per active participant
2022$333 per active participant

Cooperativa de Seguros de Vida de Puerto Rico's 2024 employer contribution ran below the $1,313 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 · 20245
COOP DE SEGUROS DE VIDA DE PR$14,501
ENVESTNET RETIREMENT SOLUTIONS LLC$3,624
EMPOWER ADVISORY GROUP LLC · Investment management$1,918
CETERA ADVISOR NETWORKS LLCindirect 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$35,894 · 0.49%
2023$18,582 · 0.29%
2022$20,769 · 0.33%
Same employer
Similar plansFinance & Insurance · PR
Island Finance, LLC PR$13.0M · 0.33%
Alight Solutions Caribe PR$8.5M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 660231517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.