Plan Snapshot
- Plan Sponsor: Badillo Saatchi & Saatchi, INC.
- Sponsor EIN: 660503707
- Sponsor Address: PO BOX 11905, SAN JUAN, PR, 009140212
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 89
- Total Assets: $12.1M
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 | 89 | $12.1M | $210,258 | $277,515 |
| 2023 | 89 | $10.7M | $204,175 | $254,543 |
| 2022 | 94 | $9.2M | $150,798 | $193,418 |
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 |
|---|---|---|---|---|
| INDEPENDENT FINANCIAL GROUP LLC | Investment Advisor | $50,380 | — | $50,380 |
| EMPOWERADVISORY GROUP LLC | Other Service Provider | $18,370 | — | $18,370 |
| FALCON SANCHEZ & ASSOC PSC | Auditor | $13,520 | — | $13,520 |
| A & A EMPLOYEE BENEFITS CONSULTING | Other Service Provider | $9,264 | — | $9,264 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,534
- Estimated Expense Ratio: 0.759% 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 | $83,731 | — | — | — | — |
| 2023 | $58,183 | — | — | — | — |
| 2022 | $22,824 | — | — | — | — |