Plan Ledger DOL Form 5500 · updated monthly

Hms Ferries Puerto Rico LLCProfit-sharing plan

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

Reported admin expense ratio · 2024
0.40%

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

Hms Ferries Puerto Rico LLC reported $4,084 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $818 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 1 year on file its reported administrative ratio rose from 0.14% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in PR (273rd of 323), and 2,229th of 2,677 in transportation & warehousing. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,371,637
Participants with balances151
Active participants292
Employer contributions$238,953
Employee contributions$361,940
Employer contribution per active participant$818
Average account balance$9,084
Benefits paid to participants$35,155
Plan auditUnmodified (clean) audit opinion
AuditorFALCON SANCHEZ
Plan history2
Yearassets · accounts · employer contribution
2024$1.4M · 151 accts · $239K emplr
2023$683K · 117 accts · $170K emplr
Employer contributions to the Hms Ferries Puerto Rico LLC plan · 2024
Employer contribution per active participant$818
Median for plans this size$1,313
2024$818 per active participant
2023$589 per active participant

Hms Ferries Puerto Rico LLC's 2024 employer contribution ran below 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.

Administrative cost history2
2024$4,084 · 0.40%
2023$600 · 0.14%
Similar plansTransportation & Warehousing · PR
Seaborne Virgin Islands PR$1.9M · 0.11%
G. M. T., LLC PR$674K · 1.07%
Allied Logistics, Corp. PR$624K · 1.87%
Loomis Puerto Rico, Inc. PR$599K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660933950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.