Plan Ledger DOL Form 5500 · updated monthly

Inter American University of Pr401(k)

INTER AMERICAN UNIVERSITY OF PR DEFINED CONTRIBUTION RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Inter American University of Pr reported $26,104 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,784 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 7th-largest of 323 plans among PR employers on file, and the 280th of 3,091 in educational services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$199,102,479
Participants with balances2,112
Active participants1,525
Employer contributions$2,721,250
Employee contributions$3,828,713
Employer contribution per active participant$1,784
Average account balance$94,272
Benefits paid to participants$16,676,096
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$199.1M · 2,112 accts · $2.7M emplr
2023$187.6M · 2,124 accts · $2.7M emplr
2022$173.1M · 2,149 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,104
Total administrative$26,104
The Inter American University of Pr 401(k) match · 2024
Employer contribution per active participant$1,784
Median for plans this size$3,635
2024$1,784 per active participant
2023$1,288 per active participant
2022$1,746 per active participant

Inter American University of Pr's 2024 employer contribution ran below the $3,635 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 · 20241
TIAA · Trustee (discretionary)$26,104

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$26,104 · 0.01%
2023$29,579 · 0.02%
2022$32,731 · 0.02%
Similar plansEducational Services · PR
Iolani School HI$202.7M · 0.01%
Harding University AR$201.9M · 0.08%
Kettering University MI$201.1M · 0.22%
Kindercare Education LLC OR$199.6M · 0.45%
Campbell University NC$198.8M · 0.16%
St. John Fisher University NY$197.7M · 0.04%
Biola University, Inc. CA$197.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660177776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.