Plan Ledger DOL Form 5500 · updated monthly

Gvs Puerto Rico, LLCProfit-sharing plan

GVS PUERTO RICO LLC RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Gvs Puerto Rico, LLC reported $16,243 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $9,016 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 0.51% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in PR (178th of 323), and 7,806th of 11,911 in health care & social assistance. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 160 to 18 since 2022.

Plan summary
Net assets, end of year$5,177,217
Participants with balances126
Active participants18
Employer contributions$162,294
Employee contributions$282,440
Employer contribution per active participant$9,016
Average account balance$41,089
Benefits paid to participants$1,040,579
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 126 accts · $162K emplr
2023$5.1M · 151 accts · $202K emplr
2022$4.4M · 190 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,650
Trustee / custodial$9,593
Total administrative$16,243
Employer contributions to the Gvs Puerto Rico, LLC plan · 2024
Employer contribution per active participant$9,016
Median for plans this size$1,313
2024$9,016 per active participant
2023$1,922 per active participant
2022$1,496 per active participant

Gvs Puerto Rico, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Loan processing$6,650
BPAS TRUST CO OF PUERTO RICO · Trustee (directed) · Custodial (securities)$9,593

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 PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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

Administrative cost history3
2024$16,243 · 0.32%
2023$17,062 · 0.36%
2022$27,011 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · PR
Neomed Center Inc PR$5.6M · 1.30%
Home Orthopedics Corp PR$4.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660785754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.