Plan Ledger DOL Form 5500 · updated monthly

To-Ricos LTD401(k)

TO-RICOS EMPLOYEE SAVINGS AND RETIREMENT PLAN · AIBONITO, PR · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

To-Ricos LTD reported $3,021 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $245 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 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in PR (184th of 323), and 11,361st of 13,661 in manufacturing. In 2024, employees put in $3.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,707,883
Participants with balances323
Active participants358
Employer contributions$87,569
Employee contributions$332,329
Employer contribution per active participant$245
Average account balance$14,575
Benefits paid to participants$630,736
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 323 accts · $88K emplr
2023$4.4M · 340 accts · $85K emplr
2022$3.6M · 354 accts · $82K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,917
Investment management$104
Total administrative$3,021
The To-Ricos LTD 401(k) match · 2024
Employer contribution per active participant$245
Median for plans this size$1,313
2024$245 per active participant
2023$253 per active participant
2022$232 per active participant

To-Ricos LTD'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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$104

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$3,021 · 0.07%
2023$6,739 · 0.17%
2022$3,690 · 0.09%
Similar plansManufacturing · PR
Swirl Corp. PR$7.4M · 0.51%
Ccl Puerto Rico, Inc. PR$6.5M · 1.27%
Neolpharma Inc. PR$6.0M · 0.49%
MC-21 LLC PR$4.5M · 0.47%
Canarico Quarries, Inc. PR$4.2M · 1.07%
Viant Puerto Rico Inc. PR$3.6M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980506210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.