Plan Ledger DOL Form 5500 · updated monthly

Hospital Episcopal San Lucas Ponce401(k)

PLAN DE RETIRO SAN LUCAS · PONCE, PR · plan year 2024

Reported admin expense ratio · 2024
3.97%

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

Hospital Episcopal San Lucas Ponce reported $42,721 in plan administrative expenses for 2024: 3.97% of average plan assets, higher than ~90% of peers. Employer contributions averaged $217 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 fell from 7.94% to 3.97%. 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 (269th of 323), and 10,499th of 11,911 in health care & social assistance. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 529 to 1,017 since 2022.

Plan summary
Net assets, end of year$1,461,036
Participants with balances742
Active participants1,017
Employer contributions$220,453
Employee contributions$446,877
Employer contribution per active participant$217
Average account balance$1,969
Benefits paid to participants$14,366
Plan auditUnmodified (clean) audit opinion
AuditorRRC CPA GROUP PSC
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 742 accts · $220K emplr
2023$692K · 594 accts · $197K emplr
2022$52K · 529 accts · $13K emplr
The Hospital Episcopal San Lucas Ponce 401(k) match · 2024
Employer contribution per active participant$217
Median for plans this size$1,313
2024$217 per active participant
2023$362 per active participant
2022$24 per active participant

Hospital Episcopal San Lucas Ponce'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 · 20245
CYBELE CAPITAL MANAGEMENT LLC · Investment advisory (plan)$7,870
KOVAC ADVISORS INC · Investment advisory (plan)$2,211
EMPOWER ADVISORY GROUP, LLC · Investment management$946
ENVESTMENT RETIREMENT SOLUTIONS LLC$459

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$42,721 · 3.97%
2023$29,584 · 7.94%
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · PR
C.T. Radiology Complex PR$1.9M · 0.69%
Jaye Inc dba Telemedik PR$1.9M · 0.43%
Laboratorios Ramirez LLC PR$1.7M · 0.96%
Metro Pavia at Home LLC PR$1.0M · 0.78%
Clinical Medical Services PR$869K · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660589727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.