Plan Ledger DOL Form 5500 · updated monthly

Edp University of Puerto Rico, Inc.401(k)

EDP UNIVERSITY RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Edp University of Puerto Rico, Inc. reported $13,244 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,524 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 0.53% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in PR (216th of 323), and 10,451st of 11,654 in professional & technical services. In 2024, the employer put in $2.43 for every $1.00 employees contributed themselves; active participation has grown from 355 to 404 since 2022.

Plan summary
Net assets, end of year$3,241,237
Participants with balances415
Active participants404
Employer contributions$615,811
Employee contributions$253,481
Employer contribution per active participant$1,524
Average account balance$7,810
Benefits paid to participants$56,180
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 415 accts · $616K emplr
2023$2.2M · 197 accts · $99K emplr
2022$1.6M · 180 accts · $87K emplr
The Edp University of Puerto Rico, Inc. 401(k) match · 2024
Employer contribution per active participant$1,524
Median for plans this size$1,313
2024$1,524 per active participant
2023$251 per active participant
2022$244 per active participant

Edp University of Puerto Rico, Inc.'s 2024 employer contribution ran above 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 · 20242
PRONVEST, INC · Investment advisory (participants)$11,099
NPPG RECORD KEEPING SOLUTIONS, LLC · Investment advisory (participants)$2,145

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$13,244 · 0.49%
2023$7,057 · 0.37%
2022$9,712 · 0.53%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660277132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.