Maximo Solar Industries, Inc.Profit-sharing plan
MAXIMO SOLAR INDUSTRIES, INC. SAVINGS AND RETIREMENT PLAN · AGUADILLA, PR · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Maximo Solar Industries, Inc. reported $1,031 in plan administrative expenses for 2023: 0.51% of average plan assets, below the peer median. Employer contributions averaged $134 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.
The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in PR (314th of 323), and 5,282nd of 5,337 in construction. In 2023, employees put in $4.00 for every $1.00 the employer contributed.
Maximo Solar Industries, Inc.'s 2023 employer contribution ran below the $522 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 660736578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.