Plan Ledger DOL Form 5500 · updated monthly

Plaza Provision Company (Puerto Rico), LLCProfit-sharing plan

PLAZA PROVISION COMPANY PROFIT SHARING PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Plaza Provision Company (Puerto Rico), LLC reported $70,501 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,187 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 0.29% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 60th-largest of 323 plans among PR employers on file, and the 1,668th of 4,246 in wholesale trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 523 to 600 since 2022.

Plan summary
Net assets, end of year$23,337,106
Participants with balances654
Active participants600
Employer contributions$712,025
Employee contributions$1,156,114
Employer contribution per active participant$1,187
Average account balance$35,684
Benefits paid to participants$1,282,445
Plan auditDisclaimer of opinion
AuditorCARLOS E. GONZALEZ VARELA, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 654 accts · $712K emplr
2023$19.9M · 608 accts · $329K emplr
2022$16.6M · 576 accts · $299K emplr
Employer contributions to the Plaza Provision Company (Puerto Rico), LLC plan · 2024
Employer contribution per active participant$1,187
Median for plans this size$2,416
2024$1,187 per active participant
2023$618 per active participant
2022$572 per active participant

Plaza Provision Company (Puerto Rico), LLC's 2024 employer contribution ran below the $2,416 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$1,310

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$70,501 · 0.33%
2023$58,886 · 0.32%
2022$59,143 · 0.29%
Same employer
Similar plansWholesale Trade · PR
Ballester Hermanos Inc. PR$36.4M · 0.26%
B. Fernandez & Hnos., Inc. PR$28.0M · 0.68%
Mendez & Co., Inc. PR$24.8M · 1.08%
Puerto Rico Energy LLC PR$20.3M · 0.43%
Goya de Puerto Rico, Inc. PR$17.4M · 0.04%
Rr Group Retirement Plan PR$8.9M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660177768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.