Plan Ledger DOL Form 5500 · updated monthly

Premium Professional Services, Inc.Profit-sharing plan

GRUPO ALBERIC CASH OR DEFERRED INCOME PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.57%

Premium Professional Services, Inc. reported $12,360 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. 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 0.87% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in PR (235th of 323), and 4,561st of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,341,943
Participants with balances116
Active participants148
Employer contributions—
Employee contributions$254,641
Employer contribution per active participant—
Average account balance$20,189
Benefits paid to participants$257,708
Plan auditUnmodified (clean) audit opinion
AuditorGOAS PSC CERTIFIED PUBLIC ACCOUNTAN
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 116 accts
2023$2.0M · 120 accts
2022$1.6M · 118 accts
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$12,360

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$12,360 · 0.57%
2023$11,008 · 0.61%
2022$15,245 · 0.87%
Similar plansRetail Trade · PR
Pueblo Inc. PR$4.3M · 0.06%
Supermercados Econo, Inc PR$2.3M · 0.05%
Pepe Ganga, Corp. PR$1.9M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660829945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.