Plan Snapshot
- Plan Sponsor: Auro Pr INC.
- Sponsor EIN: 660991701
- Sponsor Address: AURO PR INC., CAGUAS, PR, 00726
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $15.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 16 | $15.5M | $48,395 | $108,604 |
| 2023 | 24 | $20.6M | $379,364 | $825,944 |
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 |
|---|---|---|---|---|
| HUB RETIREMENT AND PRIVATE WEALTH | CONSULTANT | $24,982 | — | $24,982 |
| GLOBAL RETIREMENT PARTNERS LLC | CONSULTANT | $22,237 | — | $22,237 |
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $9,393 | — | $9,393 |
| RAM ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUB RETIREMENT AND PRIVATE WEALTH — CONSULTANT
- GLOBAL RETIREMENT PARTNERS LLC — CONSULTANT
- RAM ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,612
- Estimated Expense Ratio: 0.365% 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 | $56,607 | — | — | — | — |
| 2023 | $67,795 | $48,492 | — | — | — |