Plan Ledger DOL Form 5500 · updated monthly

Molina Healthcare of Puerto Rico401(k)

MOLINA SALARY SAVINGS PLAN OF PUERTO RICO · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Molina Healthcare of Puerto Rico reported $2,229 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,579 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 0.49% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in PR (164th of 323), and 4,363rd of 4,798 in finance & insurance. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has shrunk from 115 to 54 since 2022.

Plan summary
Net assets, end of year$6,166,218
Participants with balances115
Active participants54
Employer contributions$193,285
Employee contributions$261,082
Employer contribution per active participant$3,579
Average account balance$53,619
Benefits paid to participants$804,450
Plan auditUnmodified (clean) audit opinion
AuditorRODRIGUEZ-SANABRIA & CO., CPA'S PSC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 115 accts · $193K emplr
2023$5.7M · 205 accts · $221K emplr
2022$4.6M · 253 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,229
Total administrative$2,229
The Molina Healthcare of Puerto Rico 401(k) match · 2024
Employer contribution per active participant$3,579
Median for plans this size$1,313
2024$3,579 per active participant
2023$1,994 per active participant
2022$2,036 per active participant

Molina Healthcare of Puerto Rico's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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$2,229 · 0.04%
2023$768 · 0.01%
2022$27,073 · 0.49%
Same employer
Similar plansFinance & Insurance · PR
Triple-S Salud PR$6.0M · 0.25%
Trans-Oceanic Group, Inc PR$2.2M · 1.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660817946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.