Plan Ledger DOL Form 5500 · updated monthly

Master Products CorporationProfit-sharing plan

MASTER GROUP EMPLOYEES RETIREMENT PLAN · DORADO, PR · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Master Products Corporation reported $7,120 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $140 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 0.30% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in PR (197th of 323), and 10,162nd of 11,654 in professional & technical services. In 2024, employees put in $5.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,019,383
Participants with balances140
Active participants339
Employer contributions$47,390
Employee contributions$238,615
Employer contribution per active participant$140
Average account balance$28,710
Benefits paid to participants$50,113
Plan auditUnmodified (clean) audit opinion
AuditorJESUS M. MORA NIEVES, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 140 accts · $47K emplr
2023$3.4M · 137 accts · $45K emplr
2022$2.9M · 127 accts · $42K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,345
Total administrative$7,120
Employer contributions to the Master Products Corporation plan · 2024
Employer contribution per active participant$140
Median for plans this size$1,313
2024$140 per active participant
2023$129 per active participant
2022$132 per active participant

Master Products Corporation'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.

Administrative cost history3
2024$7,120 · 0.19%
2023$6,104 · 0.19%
2022$9,109 · 0.30%
Same employer
Similar plansProfessional & Technical Services · PR
Pharma-Bio Serv Pr, Inc. PR$4.7M · 0.77%
Cabrera, Inc. PR$4.0M · 0.88%
Wovenware Inc. PR$3.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660407424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.