Plan Ledger DOL Form 5500 · updated monthly

Driven Administrative Services, LLCProfit-sharing plan

DRIVEN RETIREMENT PLAN · SAN JUAN, PR · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Driven Administrative Services, LLC reported $6,681 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $801 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in PR (219th of 323), and 10,509th of 11,654 in professional & technical services. In 2022, employees put in $3.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,081,715
Participants with balances90
Active participants123
Employer contributions$98,509
Employee contributions$343,098
Employer contribution per active participant$801
Average account balance$34,241
Benefits paid to participants$132,205
Plan auditUnmodified (clean) audit opinion
AuditorVEGA PALAU LLC
Administrative expenses, itemized · 2022
Investment management$6,681
Total administrative$6,681
Employer contributions to the Driven Administrative Services, LLC plan · 2022
Employer contribution per active participant$801
Median for plans this size$1,114

Driven Administrative Services, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,681 · 0.22%
Same employer
Similar plansProfessional & Technical Services · PR
Wovenware Inc. PR$3.9M · 0.02%
J. Pica Y Cia LLC PR$2.8M · 1.52%
Pharmpix Corp PR$2.2M · 0.42%
Trafon Group, Inc PR$1.3M · 1.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660994167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.