Plan Ledger DOL Form 5500 · updated monthly

Lufthansa Technik Puerto Rico LLCProfit-sharing plan

LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN · AGUADILLA, PR · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Lufthansa Technik Puerto Rico LLC reported $18,034 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,117 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 0.88% to 0.51%. 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 (192nd of 323), and 1,744th of 2,677 in transportation & warehousing. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 395 to 502 since 2022.

Plan summary
Net assets, end of year$4,288,002
Participants with balances561
Active participants502
Employer contributions$560,602
Employee contributions$685,405
Employer contribution per active participant$1,117
Average account balance$7,643
Benefits paid to participants$162,874
Plan auditUnmodified (clean) audit opinion
AuditorSHARON & GONZALEZ, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 561 accts · $561K emplr
2023$2.8M · 384 accts · $225K emplr
2022$1.8M · 350 accts · $187K emplr
Employer contributions to the Lufthansa Technik Puerto Rico LLC plan · 2024
Employer contribution per active participant$1,117
Median for plans this size$1,313
2024$1,117 per active participant
2023$509 per active participant
2022$474 per active participant

Lufthansa Technik 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.

Service providers · 20241
BPPR - POPULAR FIDUCIARY SERVICES · Recordkeepingindirect comp

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

Recordkeeper by year2
2024BPPR - POPULAR FIDUCIARY SERVICES
2023BPPR - POPULAR FIDUCIARY SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,034 · 0.51%
2023$2,210 · 0.10%
2022$17,917 · 0.88%
Same employer
Similar plansTransportation & Warehousing · PR
Seaborne Virgin Islands PR$1.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660816974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.