Plan Ledger DOL Form 5500 · updated monthly

Supermercados Maximo, Inc.Profit-sharing plan

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
1.69%

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

Supermercados Maximo, Inc. reported $126,355 in plan administrative expenses for 2024: 1.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $267 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 1.42% to 1.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is the 135th-largest of 323 plans among PR employers on file, and 2,948th of 5,215 in retail trade. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 1,382 to 1,555 since 2022.

Plan summary
Net assets, end of year$8,441,945
Participants with balances1,741
Active participants1,555
Employer contributions$414,820
Employee contributions$1,033,085
Employer contribution per active participant$267
Average account balance$4,849
Benefits paid to participants$325,433
Plan auditUnmodified (clean) audit opinion
AuditorCROWE PR PSC
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 1,741 accts · $415K emplr
2023$6.5M · 655 accts · $241K emplr
2022$5.0M · 566 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,194
Investment management$7,573
Trustee / custodial$11,360
Total administrative$126,355
Employer contributions to the Supermercados Maximo, Inc. plan · 2024
Employer contribution per active participant$267
Median for plans this size$1,313
2024$267 per active participant
2023$162 per active participant
2022$165 per active participant

Supermercados Maximo, Inc.'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
BENEFIT PLANS ADMINISTARTION SERVIC · Recordkeeping · Investment management$75,767
FINAXIAL CORP · Consulting · Investment advisory (participants)$39,228
BPAS TRUST COMPANY OF PUERTO RICO · Trustee · Trustee (directed)$11,360

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTARTION SERVIC
2023FINAXIAL CORP

This plan has changed recordkeepers within these filings. If you left Supermercados Maximo, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$126,355 · 1.69%
2023$64,730 · 1.12%
2022$78,933 · 1.42%
Same employer
Similar plansRetail Trade · PR
Bella International, LLC PR$18.8M · 0.62%
Novus, Inc. PR$16.4M · 0.69%
Hvph Motor Corp. PR$12.4M · 0.50%
Motorambar, Inc. PR$8.1M · 0.44%
Autokirei LLC PR$7.4M · 0.14%
Cesar Castillo LLC PR$6.0M · 0.02%
Vph Motor Corp PR$5.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660615815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.