Plan Ledger DOL Form 5500 · updated monthly

Matosantos Commercial Corp.401(k)

MATOSANTOS COMMERCIAL CORP. CODA PROFIT SHARING RETIREMENT PLAN · VEGA BAJA, PR · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Matosantos Commercial Corp. reported $20,429 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $659 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 3 years on file its reported administrative ratio has held roughly steady near 0.601%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in PR (208th of 323), and 11,975th of 13,661 in manufacturing. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,564,108
Participants with balances136
Active participants98
Employer contributions$64,571
Employee contributions$157,749
Employer contribution per active participant$659
Average account balance$26,207
Benefits paid to participants$235,070
Plan auditUnmodified (clean) audit opinion
AuditorZAYAS MORAZZANI & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 136 accts · $65K emplr
2023$3.2M · 131 accts · $66K emplr
2022$3.3M · 138 accts · $65K emplr
Administrative expenses, itemized · 2024
Investment management$19,308
Total administrative$20,429
The Matosantos Commercial Corp. 401(k) match · 2024
Employer contribution per active participant$659
Median for plans this size$1,313
2024$659 per active participant
2023$771 per active participant
2022$719 per active participant

Matosantos Commercial Corp.'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$19,308

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$20,429 · 0.60%
2023$19,407 · 0.59%
2022$19,368 · 0.60%
Similar plansManufacturing · PR
MC-21 LLC PR$4.5M · 0.47%
Canarico Quarries, Inc. PR$4.2M · 1.07%
Viant Puerto Rico Inc. PR$3.6M · 0.84%
Borinquen Container PR$2.2M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660206888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.