Plan Ledger DOL Form 5500 · updated monthly

Cooperativa de Seguros Multiples de Puerto RicoProfit-sharing plan

COOPERATIVA DE SEGUROS MULTIPLES DE PUERTO RICO PLAN DE PENSIONES DE CONT DEF CO · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Cooperativa de Seguros Multiples de Puerto Rico reported $21,179 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,909 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 0.13% to 0.11%. 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 66th-largest of 323 plans among PR employers on file, and 2,991st of 4,798 in finance & insurance. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 447 to 523 since 2022.

Plan summary
Net assets, end of year$20,790,363
Participants with balances576
Active participants523
Employer contributions$998,448
Employee contributions$1,472,578
Employer contribution per active participant$1,909
Average account balance$36,094
Benefits paid to participants$578,668
Plan auditUnmodified (clean) audit opinion
AuditorDRIVEN, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 576 accts · $998K emplr
2023$16.7M · 557 accts · $933K emplr
2022$13.5M · 508 accts · $836K emplr
Employer contributions to the Cooperativa de Seguros Multiples de Puerto Rico plan · 2024
Employer contribution per active participant$1,909
Median for plans this size$2,416
2024$1,909 per active participant
2023$1,841 per active participant
2022$1,870 per active participant

Cooperativa de Seguros Multiples de Puerto Rico'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 · 20241
POPULAR INC. · Trustee$21,179

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$21,179 · 0.11%
2023$18,534 · 0.12%
2022$17,427 · 0.13%
Same employer
Similar plansFinance & Insurance · PR
Medical Card System, Inc. PR$77.6M · 0.04%
Mapfre Praico Corporation PR$70.3M · 0.06%
Triple-S Vida, Inc. PR$39.6M · 0.36%
Marsh Saldana, Inc. PR$16.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660257478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.