How much does Cupeyville School, Inc contribute to its Profit-sharing plan?

In 2022, employer contributions to the Cupeyville School, Inc plan averaged $274 per active participant, below the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Cupeyville School, Inc 401(k)?

The average participant account balance was $12,534 for plan year 2022, based on 74 accounts.

Cupeyville School, IncProfit-sharing plan

Name: Cupeyville School, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CUPEYVILLE SCHOOL RETIREMENT PLAN SCHOOL RETIREMENT PLAN · SAN JUAN, PR · plan year 2022

Employer contribution per participant · 2022

$274

Cupeyville School, Inc's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $927,497 across 74 participant accounts, with employer contributions averaging $274 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in PR (283rd of 323), and 2,986th of 3,091 in educational services. In 2022, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$927,497
Participants with balances74
Active participants81
Employer contributions$22,208
Employee contributions$88,832
Employer contribution per active participant$274
Average account balance$12,534
Benefits paid to participants$13,542
Plan auditUnmodified (clean) audit opinion
AuditorCPA LUIS R CARRASQUILLO & CO, PSC

Employer contributions to the Cupeyville School, Inc plan · 2022

Employer contribution per active participant$274

Median for plans this size$331

Cupeyville School, Inc's 2022 employer contribution ran below the $331 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 660256532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.