Plan Ledger DOL Form 5500 · updated monthly

MC-21 LLCProfit-sharing plan

MC-21 LLC RETIREMENT PLAN · CAGUAS, PR · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

MC-21 LLC reported $22,945 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,145 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in PR (186th of 323), and 11,480th of 13,661 in manufacturing. In 2022, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,480,626
Participants with balances82
Active participants75
Employer contributions$85,912
Employee contributions$266,537
Employer contribution per active participant$1,145
Average account balance$54,642
Benefits paid to participants$310,716
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,945
Total administrative$22,945
Employer contributions to the MC-21 LLC plan · 2022
Employer contribution per active participant$1,145
Median for plans this size$1,114

MC-21 LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,945 · 0.47%
Similar plansManufacturing · PR
Ccl Puerto Rico, Inc. PR$6.5M · 1.27%
Neolpharma Inc. PR$6.0M · 0.49%
To-Ricos LTD PR$4.7M · 0.07%
Canarico Quarries, Inc. PR$4.2M · 1.07%
Viant Puerto Rico Inc. PR$3.6M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943276520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.