Plan Ledger DOL Form 5500 · updated monthly

Dorado Health, Inc.401(k)

MANATI MEDICAL CENTER RETIREMENT PLAN · MANATI, PR · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Dorado Health, Inc. reported $89,219 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $128 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 rose from 0.39% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 90th-largest of 323 plans among PR employers on file, and 6,527th of 11,654 in professional & technical services. In 2024, employees put in $5.27 for every $1.00 the employer contributed; active participation has grown from 1,908 to 2,163 since 2022.

Plan summary
Net assets, end of year$15,221,586
Participants with balances1,884
Active participants2,163
Employer contributions$277,763
Employee contributions$1,463,982
Employer contribution per active participant$128
Average account balance$8,079
Benefits paid to participants$635,834
Plan auditUnmodified (clean) audit opinion
AuditorDRIVEN PSC
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 1,884 accts · $278K emplr
2023$12.7M · 1,723 accts · $252K emplr
2022$10.5M · 1,449 accts · $77K emplr
Administrative expenses, itemized · 2024
Investment management$85,754
Total administrative$89,219
The Dorado Health, Inc. 401(k) match · 2024
Employer contribution per active participant$128
Median for plans this size$2,416
2024$128 per active participant
2023$118 per active participant
2022$40 per active participant

Dorado Health, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
NPPG RECORD KEEPING SOLUTION LLC · Recordkeeping · Loan processing$71,107
ORIENTAL BANK · Recordkeeping · Loan processing$14,918

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

Recordkeeper by year2
2024NPPG RECORD KEEPING SOLUTION LLC, ORIENTAL BANK
2023NPPG RECORD KEEPING SOLUTION LLC, ORIENTAL BANK

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Administrative cost history3
2024$89,219 · 0.64%
2023$75,993 · 0.66%
2022$40,465 · 0.39%
Same employer
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Aes Puerto Rico, LP PR$18.2M · 0.13%
Csa Central, Inc. PR$17.9M · 0.47%
Gea Caribbean Export, LLC PR$17.4M · 0.41%
Kevane Grant Thornton, LLP PR$14.6M · 0.09%
Nypro Puerto Rico, Inc. PR$12.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660531550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.