Plan Ledger DOL Form 5500 · updated monthly

Metro Mayaguez Inc dba Hospital PereaProfit-sharing plan

METRO MAYAGUEZ INC DBA HOSPITAL PEREA RETIREMENT PLAN · MAYAGUEZ, PR · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Metro Mayaguez Inc dba Hospital Perea reported $1,100 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $235 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 0.35% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 154th-largest of 323 plans among PR employers on file, and 6,898th of 11,911 in health care & social assistance. In 2024, employees put in $4.25 for every $1.00 the employer contributed; active participation has grown from 423 to 470 since 2022.

Plan summary
Net assets, end of year$6,944,556
Participants with balances392
Active participants470
Employer contributions$110,676
Employee contributions$470,079
Employer contribution per active participant$235
Average account balance$17,716
Benefits paid to participants$494,357
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 392 accts · $111K emplr
2023$6.3M · 397 accts · $108K emplr
2022$5.3M · 372 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,100
Total administrative$1,100
Employer contributions to the Metro Mayaguez Inc dba Hospital Perea plan · 2024
Employer contribution per active participant$235
Median for plans this size$1,313
2024$235 per active participant
2023$224 per active participant
2022$245 per active participant

Metro Mayaguez Inc dba Hospital Perea'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.

Service providers · 20241
BPPR - POPULAR FIDUCIARY SERVICES · Trustee$1,100

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

Administrative cost history3
2024$1,100 · 0.02%
2023$27,933 · 0.48%
2022$19,942 · 0.35%
Similar plansHealth Care & Social Assistance · PR
Hospital Damas, Inc. PR$7.9M · 1.48%
Neomed Center Inc PR$5.6M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660677707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.