Plan Ledger DOL Form 5500 · updated monthly

Empresas Berrios, Inc.401(k)

MUEBLERIAS BERRIOS RETIREMENT PLAN · CIDRA, PR · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

Empresas Berrios, Inc. reported $91,095 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $151 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 3 years on file its reported administrative ratio has held roughly steady near 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is the 126th-largest of 323 plans among PR employers on file, and 1,754th of 3,341 in other services. In 2024, employees put in $7.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,994,168
Participants with balances652
Active participants696
Employer contributions$104,825
Employee contributions$815,415
Employer contribution per active participant$151
Average account balance$13,795
Benefits paid to participants$274,858
Plan auditUnmodified (clean) audit opinion
AuditorTORRE HERNANDEZ & PUNTER PSC
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 652 accts · $105K emplr
2023$7.7M · 610 accts · $89K emplr
2022$6.5M · 582 accts · $80K emplr
The Empresas Berrios, Inc. 401(k) match · 2024
Employer contribution per active participant$151
Median for plans this size$1,313
2024$151 per active participant
2023$130 per active participant
2022$125 per active participant

Empresas Berrios, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20246
INDEPENDENT FINANCIAL GROUP LLC · Investment advisory (plan)$27,331
EMPOWER ADVISORY GROUP · Investment management$26,175
PARITER SECURITIES · Investment advisory (plan)$11,712
ABARCA & ASSOCIATES PSC · Contract administrator$1,200
A & A EMPLOYEE BENEFITS CONSULTING · Contract administratorindirect 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$91,095 · 1.09%
2023$77,189 · 1.09%
2022$75,578 · 1.13%
Same employer
Similar plansOther Services · PR
Ricoh Puerto Rico, Inc. PR$23.7M · 0.04%
Cossma, Inc. PR$14.8M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660580021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.