Plan Ledger DOL Form 5500 · updated monthly

Laboratorios Ramirez LLCProfit-sharing plan

LABORATORIO TOLEDO AND LABORATORIOS RAMIREZ RETIREMENT PLAN · PONCE, PR · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Laboratorios Ramirez LLC reported $14,835 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $148 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 has held roughly steady near 0.965%. 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 (262nd of 323), and 10,334th of 11,911 in health care & social assistance. In 2024, employees put in $8.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,664,167
Participants with balances152
Active participants144
Employer contributions$21,261
Employee contributions$184,768
Employer contribution per active participant$148
Average account balance$10,948
Benefits paid to participants$45,598
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.7M · 152 accts · $21K emplr
2023$1.4M · 142 accts · $20K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,835
Total administrative$14,835
Employer contributions to the Laboratorios Ramirez LLC plan · 2024
Employer contribution per active participant$148
Median for plans this size$1,313
2024$148 per active participant
2023$149 per active participant

Laboratorios Ramirez LLC'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 · 20243
FINANXIAL INVESTMENT ADVISOR CORP · Contract administrator$884
KOVACK SECURITIES INCindirect comp

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

Administrative cost history2
2024$14,835 · 0.96%
2023$12,862 · 0.96%
Similar plansHealth Care & Social Assistance · PR
C.T. Radiology Complex PR$1.9M · 0.69%
Jaye Inc dba Telemedik PR$1.9M · 0.43%
Metro Pavia at Home LLC PR$1.0M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660309461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.