Plan Snapshot
- Plan Sponsor: Cooperativa De Seguros De Vida De Puerto Rico
- Sponsor EIN: 660231517
- Sponsor Address: P.O. BOX 363428, SAN JUAN, PR, 009363428
- Plan Type: DC
- Total Participants: 294
- Total Assets: $7.7M
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 | 294 | $7.7M | $77,881 | $501,899 |
| 2023 | 291 | $6.8M | $71,704 | $475,874 |
| 2022 | 207 | $6.0M | $68,950 | $446,396 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AME | RECORDKEEPER | $16,581 | — | $16,581 |
| CETERA ADVISOR NETWORKS LLC | BROKER/ADVISER | — | $14,756 | $14,756 |
| COOP DE SEGUROS DE VIDA DE PR | OTHER | $14,501 | — | $14,501 |
| LANDA UMPIERRE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LANDA UMPIERRE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,838
- Estimated Expense Ratio: 0.597% 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 | $35,894 | — | — | — | — |
| 2023 | $18,582 | — | — | — | — |
| 2022 | $20,769 | $20,769 | — | — | — |