Plan Ledger DOL Form 5500 · updated monthly

Corp de Serv Medico Primario Y Prev de Hatillo Sav & Ret PlanProfit-sharing plan

CORP DE SERVICIOS MEDICO PRIMARIO Y PREVENCION DE HATILLO SAV & RET PLAN · HATILLO, PR · plan year 2024

Reported admin expense ratio · 2024
1.49%

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

Corp de Serv Medico Primario Y Prev de Hatillo Sav & Ret Plan reported $40,471 in plan administrative expenses for 2024: 1.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $769 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 2.25% to 1.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in PR (221st of 323), and 9,220th of 11,911 in health care & social assistance. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 217 to 193 since 2022.

Plan summary
Net assets, end of year$3,054,669
Participants with balances227
Active participants193
Employer contributions$148,513
Employee contributions$403,952
Employer contribution per active participant$769
Average account balance$13,457
Benefits paid to participants$206,442
Plan auditDisclaimer of opinion
AuditorRKF PUERTO RICO LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 227 accts · $149K emplr
2023$2.4M · 211 accts · $162K emplr
2022$1.8M · 269 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,471
Total administrative$40,471
Employer contributions to the Corp de Serv Medico Primario Y Prev de Hatillo Sav & Ret Plan plan · 2024
Employer contribution per active participant$769
Median for plans this size$1,313
2024$769 per active participant
2023$775 per active participant
2022$559 per active participant

Corp de Serv Medico Primario Y Prev de Hatillo Sav & Ret Plan's 2024 employer contribution ran below the $1,313 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 · 20247
ORIENTAL BANK AND TRUST · Trustee (directed)$10,456
EMPOWER ADVISORY GROUP LLC · Investment management$7,646
BENEFIT CONSULTING GROUP OF PR INC · Contract administrator$1,313
LEAFHOUSE FINANCIAL$1,313
0SAIC SF INCindirect comp
LEAFHOUSE FINANCIAL ADVISORS 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$40,471 · 1.49%
2023$53,732 · 2.59%
2022$37,902 · 2.25%
Similar plansHealth Care & Social Assistance · PR

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Source: U.S. Department of Labor, Form 5500 series, EIN 660427194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.