Plan Snapshot
- Plan Sponsor: Alight Solutions Caribe
- Sponsor EIN: 660466974
- Sponsor Address: PO BOX 194926, SAN JUAN, PR, 009194926
- Plan Type: DC
- Total Participants: 366
- Total Assets: $8.5M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 366 | $8.5M | $627,606 | $804,068 |
| 2023 | 467 | $7.1M | $613,070 | $776,999 |
| 2022 | 406 | $4.9M | $575,981 | $939,435 |
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 |
|---|---|---|---|---|
| POPULAR | NONE | $23,447 | — | $23,447 |
| PSV & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- POPULAR — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,447
- Estimated Expense Ratio: 0.277% 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 | $23,447 | — | — | — | — |
| 2023 | $20,621 | — | — | — | — |
| 2022 | $20,670 | — | — | — | $20,670 |