Plan Ledger DOL Form 5500 · updated monthly

Puerto Rico Energy LLC401(k)

PUERTO RICO ENERGY LLC RETIREMENT SAVINGS PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Puerto Rico Energy LLC reported $84,491 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,290 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 3 years on file its reported administrative ratio has held roughly steady near 0.426%. 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 68th-largest of 323 plans among PR employers on file, and the 1,869th of 4,246 in wholesale trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 195 to 256 since 2022.

Plan summary
Net assets, end of year$20,338,827
Participants with balances208
Active participants256
Employer contributions$330,334
Employee contributions$629,095
Employer contribution per active participant$1,290
Average account balance$97,783
Benefits paid to participants$2,039,977
Plan auditUnmodified (clean) audit opinion
AuditorPSV & CO PSC
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 208 accts · $330K emplr
2023$19.3M · 234 accts · $359K emplr
2022$17.2M · 255 accts · $363K emplr
The Puerto Rico Energy LLC 401(k) match · 2024
Employer contribution per active participant$1,290
Median for plans this size$2,416
2024$1,290 per active participant
2023$1,795 per active participant
2022$1,861 per active participant

Puerto Rico Energy 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 · 20246
RODRIGUEZ TORRES · Investment advisory (plan)$38,890
ORIENTAL BANK & TRUST · Trustee (directed)$29,226
LEAFT HOUSE FINANCIAL ADVISORS LLC$9,723
PSV & COMPANY PSC · Accounting / audit$5,720
PENSION PLUS INC · Contract administrator$1,259

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$84,491 · 0.43%
2023$75,764 · 0.42%
2022$79,153 · 0.43%
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%
Goya de Puerto Rico, Inc. PR$17.4M · 0.04%
Rr Group Retirement Plan PR$8.9M · 0.94%
Able Sales Co. Inc. PR$8.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660759525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.