Plan Ledger DOL Form 5500 · updated monthly

Pan American Grain Mfg. CoProfit-sharing plan

PAN AMERICAN GRAIN RETIREMENT & SAVINGS PLAN · GUAYNABO, PR · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Pan American Grain Mfg. Co reported $3,439 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,852 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 rose from 0.026% to 0.032%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 110th-largest of 323 plans among PR employers on file, and 8,110th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 176 to 195 since 2022.

Plan summary
Net assets, end of year$11,740,215
Participants with balances213
Active participants195
Employer contributions$361,224
Employee contributions$755,487
Employer contribution per active participant$1,852
Average account balance$55,118
Benefits paid to participants$437,043
Plan auditUnmodified (clean) audit opinion
AuditorDRIVEN P.S.C
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 213 accts · $361K emplr
2023$9.9M · 195 accts · $356K emplr
2022$7.9M · 190 accts · $320K emplr
Administrative expenses, itemized · 2024
Investment management$3,439
Total administrative$3,439
Employer contributions to the Pan American Grain Mfg. Co plan · 2024
Employer contribution per active participant$1,852
Median for plans this size$2,416
2024$1,852 per active participant
2023$2,000 per active participant
2022$1,819 per active participant

Pan American Grain Mfg. Co's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BPPR POPULAR FIDUCIARY SERVICES · Recordkeeping · Trusteeindirect comp

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

Recordkeeper by year2
2024BPPR POPULAR FIDUCIARY SERVICES
2023BPPR POPULAR FIDUCIARY SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,439 · 0.03%
2023$765 · 0.01%
2022$2,220 · 0.03%
Same employer
Similar plansManufacturing · PR
Combe Products Inc PR$15.0M · 0.17%
Destileria Serralles PR$11.8M · 0.41%
Integra Ci, Inc. PR$10.2M · 0.06%
Swirl Corp. PR$7.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660405511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.