Plan Snapshot
- Plan Sponsor: Destileria Serralles, INC.
- Sponsor EIN: 660179709
- Sponsor Address: PO BOX 198, MERCEDITA, PR, 007150198
- Plan Type: DB
- Total Participants: 72
- Total Assets: $17.3M
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 | 72 | $17.3M | $523,050 | $0 |
| 2023 | 74 | $18.8M | $4.4M | $0 |
| 2022 | 77 | $16.3M | $2.3M | $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 |
|---|---|---|---|---|
| BPAS ACTUARIAL & PENSION SERVICES | NONE | $60,968 | — | $60,968 |
| BANCO POPULAR DE PUERTO RICO | NONE | $37,393 | — | $37,393 |
| GALINDEZ, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPAS ACTUARIAL & PENSION SERVICES — NONE
- GALINDEZ, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,361
- Estimated Expense Ratio: 0.569% 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 | $98,361 | — | — | — | — |
| 2023 | $78,985 | — | — | — | — |
| 2022 | $85,283 | — | — | — | $85,283 |