Plan Snapshot
- Plan Sponsor: Cooperativa De Seguros Multiples
- Sponsor EIN: 660257478
- Sponsor Address: PO BOX 363846, SAN JUAN, PR, 009363846
- Plan Type: DB
- Total Participants: 138
- Total Assets: $58.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 138 | $58.1M | $600,000 | $0 |
| 2023 | 150 | $61.0M | $1.6M | $0 |
| 2022 | 157 | $53.7M | $1.2M | $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 |
|---|---|---|---|---|
| SAGE ADVISORY SERVICES LTD CO | NONE | $116,459 | — | $116,459 |
| UBS FINANCIAL SERVICES INC | NONE | $107,805 | — | $107,805 |
| WILLIS TOWERS WATSON USA LLC | NONE | $55,712 | — | $55,712 |
| DRIVEN PSC | NONE | $21,840 | — | $21,840 |
| LANDA UMPIERRE PSC | NONE | $18,748 | — | $18,748 |
| BANCO POPULAR TRUST | NONE | $12,219 | — | $12,219 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — NONE
- WILLIS TOWERS WATSON USA LLC — NONE
- DRIVEN PSC — NONE
- LANDA UMPIERRE PSC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $332,783
- Estimated Expense Ratio: 0.573% 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 | $332,782 | $224,264 | — | $21,840 | — |
| 2023 | $272,905 | $174,338 | — | $21,294 | — |
| 2022 | $270,760 | $172,220 | — | — | $82,394 |