Plan Ledger DOL Form 5500 · updated monthly

Instituto Comercial de Puerto Rico, Inc. D/B/A Icpr Junior CollegeProfit-sharing plan

INSTITUTO COMERCIAL DE PUERTO RICO, INC. DBA ICPR COLLEGE RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Employer contribution per participant · 2024
$2,373

Instituto Comercial de Puerto Rico, Inc. D/B/A Icpr Junior College's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,453,784 across 144 participant accounts, with employer contributions averaging $2,373 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.44% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in PR (188th of 323), and 2,572nd of 3,091 in educational services. In 2024, the employer put in $1.97 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,453,784
Participants with balances144
Active participants127
Employer contributions$301,383
Employee contributions$153,179
Employer contribution per active participant$2,373
Average account balance$30,929
Benefits paid to participants$222,092
Plan auditUnmodified (clean) audit opinion
AuditorR.S. & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 144 accts · $301K emplr
2023$3.7M · 176 accts · $275K emplr
2022$3.0M · 166 accts · $35K emplr
Employer contributions to the Instituto Comercial de Puerto Rico, Inc. D/B/A Icpr Junior College plan · 2024
Employer contribution per active participant$2,373
Median for plans this size$1,313
2024$2,373 per active participant
2023$1,872 per active participant
2022$250 per active participant

Instituto Comercial de Puerto Rico, Inc. D/B/A Icpr Junior College'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.

Service providers · 20241
BPPR - POPULAR FIDUCIARY SERVICES$622

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

Administrative cost history3
2024Not separately reported
2023$7,494 · 0.22%
2022$15,802 · 0.44%
Similar plansEducational Services · PR
Colegio Marista PR$7.1M · 0.10%
Robinson School, Inc. PR$7.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660494952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.