Plan Ledger DOL Form 5500 · updated monthly

Oracle Caribbean, Inc.Profit-sharing plan

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN · GUAYNABO, PR · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Oracle Caribbean, Inc. reported $1,890 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,842 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 1 year on file its reported administrative ratio rose from 0.019% to 0.022%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is the 125th-largest of 323 plans among PR employers on file, and 8,275th of 11,654 in professional & technical services. In 2023, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,148,742
Participants with balances90
Active participants47
Employer contributions$133,581
Employee contributions$358,018
Employer contribution per active participant$2,842
Average account balance$101,653
Benefits paid to participants$754,166
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.1M · 90 accts · $134K emplr
2022$7.9M · 91 accts · $120K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,890
Total administrative$1,890
Employer contributions to the Oracle Caribbean, Inc. plan · 2023
Employer contribution per active participant$2,842
Median for plans this size$1,308
2023$2,842 per active participant
2022$2,443 per active participant

Oracle Caribbean, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Custodial (securities)$1,890

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

Administrative cost history2
2023$1,890 · 0.02%
2022$1,702 · 0.02%
Similar plansProfessional & Technical Services · PR
Cpm Pr, LLC PR$10.0M · 0.54%
Garage Isla Verde LLC PR$8.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660483103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.