Plan Ledger DOL Form 5500 · updated monthly

Southwest Health Corporation (Hospi Tal San German, Cabo Rojo, AreciboProfit-sharing plan

SOUTHWEST HEALTH CORPORATION (HOSPITAL METROPOLITANO SAN GERMAN, CABO ROJO Y ARECIBO) · SAN GERMAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Southwest Health Corporation (Hospi Tal San German, Cabo Rojo, Arecibo reported $7,348 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $110 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 0.93% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in PR (233rd of 323), and 9,691st of 11,911 in health care & social assistance. In 2024, employees put in $4.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,423,094
Participants with balances357
Active participants379
Employer contributions$41,795
Employee contributions$184,387
Employer contribution per active participant$110
Average account balance$6,787
Benefits paid to participants$438,969
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 357 accts · $42K emplr
2023$2.3M · 374 accts · $42K emplr
2022$2.1M · 347 accts · $38K emplr
Employer contributions to the Southwest Health Corporation (Hospi Tal San German, Cabo Rojo, Arecibo plan · 2024
Employer contribution per active participant$110
Median for plans this size$1,313
2024$110 per active participant
2023$89 per active participant
2022$104 per active participant

Southwest Health Corporation (Hospi Tal San German, Cabo Rojo, Arecibo'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 · 20241
BPPR - POPULAR FIDUCIARY SERVICES · Trustee$7,348

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$7,348 · 0.31%
2023$7,127 · 0.32%
2022$21,313 · 0.93%
Similar plansHealth Care & Social Assistance · PR
C.T. Radiology Complex PR$1.9M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660558678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.