Plan Ledger DOL Form 5500 · updated monthly

Puerto Rico Waste Management Group Corp.401(k)

PUERTO RICO WASTE MANAGEMENT GROUP CORP. 1165(E) PLAN · GURABO, PR · plan year 2024

Reported admin expense ratio · 2024
2.39%

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

Puerto Rico Waste Management Group Corp. reported $162,233 in plan administrative expenses for 2024: 2.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $157 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 2.02% to 2.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is the 149th-largest of 323 plans among PR employers on file, and the 1,199th of 2,534 in administrative & support services. In 2024, employees put in $4.77 for every $1.00 the employer contributed; active participation has grown from 734 to 1,239 since 2022.

Plan summary
Net assets, end of year$7,349,083
Participants with balances1,242
Active participants1,239
Employer contributions$194,781
Employee contributions$929,003
Employer contribution per active participant$157
Average account balance$5,917
Benefits paid to participants$586,628
Plan auditUnmodified (clean) audit opinion
AuditorDRIVEN PSC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 1,242 accts · $195K emplr
2023$6.1M · 1,206 accts · $192K emplr
2022$4.8M · 1,054 accts · $152K emplr
The Puerto Rico Waste Management Group Corp. 401(k) match · 2024
Employer contribution per active participant$157
Median for plans this size$1,313
2024$157 per active participant
2023$185 per active participant
2022$207 per active participant

Puerto Rico Waste Management Group Corp.'s 2024 employer contribution ran below the $1,313 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 · 20243
INDEPENDENT FINANCIAL GROUP LLC · Investment advisory (plan)$33,478
A & A EMPLOYEE BENEFITS CONSULTING · Contract administratorindirect comp

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$162,233 · 2.39%
2023$126,706 · 2.31%
2022$107,859 · 2.02%
Similar plansAdministrative & Support Services · PR
Ec Waste, LLC PR$15.3M · 0.40%
Benefit Providers, LLC VA$7.4M · 1.20%
Stanley Tree Service Inc. RI$7.4M · 0.41%
Gsi Service Group Inc. HI$7.4M · 0.30%
Agency Within LLC NY$7.3M · 0.15%
Congo, LLC KY$7.3M · 1.28%
Rmpersonnel, Inc. TX$7.3M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660707570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.