Plan Ledger DOL Form 5500 · updated monthly

Swirl Corp.Profit-sharing plan

NESTLE PROFESSIONAL EMPLOYEES RETIREMENT PLAN · GUAYNABO, PR · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Swirl Corp. reported $36,555 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. Employer contributions averaged $899 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 has held roughly steady near 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is the 147th-largest of 323 plans among PR employers on file, and 9,950th of 13,661 in manufacturing. In 2023, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,395,142
Participants with balances90
Active participants21
Employer contributions$18,875
Employee contributions$40,891
Employer contribution per active participant$899
Average account balance$82,168
Benefits paid to participants$646,680
Plan auditUnmodified (clean) audit opinion
AuditorCARBONELL & CO LLC
Plan history2
Yearassets · accounts · employer contribution
2023$7.4M · 90 accts · $19K emplr
2022$7.0M · 121 accts · $18K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,444
Investment management$10,554
Trustee / custodial$10,557
Total administrative$36,555
Employer contributions to the Swirl Corp. plan · 2023
Employer contribution per active participant$899
Median for plans this size$1,308
2023$899 per active participant
2022$897 per active participant

Swirl Corp.'s 2023 employer contribution ran below the $1,308 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 · 20233
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping$15,444
BPAS TRUST COMPANY OF PUERTO RICO · Custodial (securities) · Trustee$10,557
UBS FINANCIAL SERVICES INC. · Investment management$10,554

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

Administrative cost history2
2023$36,555 · 0.51%
2022$43,239 · 0.53%
Similar plansManufacturing · PR
Pan American Grain Mfg. Co PR$11.7M · 0.03%
Integra Ci, Inc. PR$10.2M · 0.06%
Ccl Puerto Rico, Inc. PR$6.5M · 1.27%
Neolpharma Inc. PR$6.0M · 0.49%
To-Ricos LTD PR$4.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660720233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.