Plan Ledger DOL Form 5500 · updated monthly

Fundacion Para El Desarrollo Del Hogar PropioProfit-sharing plan

FDHP RETIREMENT PLAN · CAGUAS, PR · plan year 2023

Reported admin expense ratio · 2023
1.05%

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

Fundacion Para El Desarrollo Del Hogar Propio reported $24,667 in plan administrative expenses for 2023: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $375 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 1.24% to 1.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in PR (230th of 323), and 9,573rd of 11,911 in health care & social assistance. In 2023, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,580,232
Participants with balances246
Active participants440
Employer contributions$165,201
Employee contributions$224,653
Employer contribution per active participant$375
Average account balance$10,489
Benefits paid to participants$147,311
Plan auditUnmodified (clean) audit opinion
AuditorAJ HERNANDEZ & CO., CPA, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 212 accts · $160K emplr
2023$2.6M · 246 accts · $165K emplr
2022$2.1M · 238 accts · $160K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,254
Investment management$2,314
Trustee / custodial$8,099
Total administrative$24,667
Employer contributions to the Fundacion Para El Desarrollo Del Hogar Propio plan · 2023
Employer contribution per active participant$375
Median for plans this size$1,308
2024$428 per active participant
2023$375 per active participant
2022$354 per active participant

Fundacion Para El Desarrollo Del Hogar Propio's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
BENEFIT PLAN ADMINISTRATORS · Recordkeeping · Custodial (securities)$16,569
BPAS TRUST COMPANY OF PUERTO RICO · Trustee (directed)$8,099

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLAN ADMINISTRATORS
2023BENEFIT PLAN ADMINISTRATORS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,287 · 1.14%
2023$24,667 · 1.05%
2022$27,346 · 1.24%
Similar plansHealth Care & Social Assistance · PR

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Source: U.S. Department of Labor, Form 5500 series, EIN 660484507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.