Plan Ledger DOL Form 5500 · updated monthly

Trafon Group, Inc401(k)

TRAFON GROUP RETIREMENT PLAN · GUAYNABO, PR · plan year 2023

Reported admin expense ratio · 2023
1.50%

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

Trafon Group, Inc reported $17,377 in plan administrative expenses for 2023: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $223 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 1.56% to 1.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in PR (274th of 323), and 11,135th of 11,654 in professional & technical services. In 2023, employees put in $5.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,307,506
Participants with balances112
Active participants182
Employer contributions$40,676
Employee contributions$204,466
Employer contribution per active participant$223
Average account balance$11,674
Benefits paid to participants$66,574
Plan auditUnmodified (clean) audit opinion
AuditorGARCIA-FIGUEROA & CO PSC
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 102 accts · $18K emplr
2023$1.3M · 112 accts · $41K emplr
2022$1.0M · 110 accts · $51K emplr
The Trafon Group, Inc 401(k) match · 2023
Employer contribution per active participant$223
Median for plans this size$1,308
2024$173 per active participant
2023$223 per active participant
2022$264 per active participant

Trafon Group, Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP LLC · Investment management$907
B RILEY WEALTH MANAGEMENT INC · Investment advisory (plan)$569

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$21,202 · 1.67%
2023$17,377 · 1.50%
2022$15,228 · 1.56%
Same employer
Similar plansProfessional & Technical Services · PR
J. Pica Y Cia LLC PR$2.8M · 1.52%
Pharmpix Corp PR$2.2M · 0.42%
Mark J Berenzdivin PR$449K · 1.36%
Va Claim Pros, LLC PR$392K · 5.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 660564639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.