Plan Ledger DOL Form 5500 · updated monthly

Programa Head Start Municipio de ManatiProfit-sharing plan

SALARY DEFERRAL RETIREMENT PLAN 1081.01(D) PROGRAMA HEAD START MUNICIPIO DE MANATI · MANATI, PR · plan year 2023

Plan assets · 2023
$1.7M

Programa Head Start Municipio de Manati's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,734,189 across 155 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in PR (257th of 323), and 2,897th of 3,091 in educational services. In 2023, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,734,189
Participants with balances155
Active participants0
Employer contributions$55,524
Employee contributions$86,701
Employer contribution per active participant—
Average account balance$11,188
Benefits paid to participants$160,613
Plan auditUnmodified (clean) audit opinion
AuditorFALCON SANCHEZ & ASSOCIATES, PSC
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 155 accts · $56K emplr
2022$1.7M · 163 accts · $70K emplr
Administrative cost history2
2023Not separately reported
2022$1,291 · 0.07%
Similar plansEducational Services · PR

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Source: U.S. Department of Labor, Form 5500 series, EIN 660433472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.