Plan Snapshot
- Plan Sponsor: Ferraiuoli LLC
- Sponsor EIN: 660628896
- Sponsor Address: PO BOX 195168, SAN JUAN, PR, 009195168
- Plan Type: DC
- Plan Number: 001
- Total Participants: 129
- Total Assets: $23.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 129 | $23.3M | $0 | $0 |
| 2024 | 91 | $18.7M | $988,830 | $785,876 |
| 2023 | 88 | $15.0M | $930,763 | $768,182 |
| 2022 | 89 | $11.2M | $842,441 | $657,693 |
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 |
|---|---|---|---|---|
| BPPR- POPULAR FIDUCIARY SERVICES | Recordkeeper | $47,898 | $445 | $48,343 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,343
- Estimated Expense Ratio: 0.208% 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 |
|---|---|---|---|---|---|
| 2025 | $320,161 | — | — | — | — |
| 2024 | $38,440 | — | — | — | — |
| 2023 | $29,946 | — | — | — | — |
| 2022 | $74,743 | — | — | — | — |