Plan Snapshot
- Plan Sponsor: Abbott Healthcare (Puerto Rico) Ltd. C/O Abbott Laboratories
- Sponsor EIN: 981051267
- Sponsor Address: CORPORATE BENEFITS, D-589, AP6B-2, ABBOTT PARK, IL, 600646222
- Plan Type: DB
- Total Participants: 354
- Total Assets: $102.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 354 | $102.3M | $0 | $0 |
| 2023 | 370 | $94.3M | $0 | $0 |
| 2022 | 388 | $82.5M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $29,500 | — | $29,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,500
- Estimated Expense Ratio: 0.029% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $201,661 | — | — | $29,500 | — |
| 2023 | $189,546 | — | — | $35,475 | — |
| 2022 | $179,322 | — | — | — | $90,370 |