Plan Ledger DOL Form 5500 · updated monthly

Ricoh Puerto Rico, Inc.Profit-sharing plan

RICOH PUERTO RICO SAVINGS PLAN RICO SAVINGS PLAN · CAROLINA, PR · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Ricoh Puerto Rico, Inc. reported $9,635 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,451 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 fell from 0.09% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 58th-largest of 323 plans among PR employers on file, and the 916th of 3,341 in other services. In 2023, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,671,053
Participants with balances224
Active participants170
Employer contributions$416,731
Employee contributions$749,326
Employer contribution per active participant$2,451
Average account balance$105,674
Benefits paid to participants$99,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 230 accts · $395K emplr
2023$23.7M · 224 accts · $417K emplr
2022$19.2M · 213 accts · $400K emplr
Employer contributions to the Ricoh Puerto Rico, Inc. plan · 2023
Employer contribution per active participant$2,451
Median for plans this size$2,440
2024$2,247 per active participant
2023$2,451 per active participant
2022$2,437 per active participant

Ricoh Puerto Rico, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BPPR - POPULAR FIDUCIARY SERVICES · Trustee$9,636

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$6,606 · 0.03%
2023$9,635 · 0.04%
2022$19,610 · 0.09%
Same employer
Similar plansOther Services · PR
Options for Learning CA$23.9M · 0.09%
Home Builders Institute DC$23.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660498006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.