Plan Snapshot
- Plan Sponsor: Head Start Program Municipality Of Guayama
- Sponsor EIN: 660439806
- Sponsor Address: PO BOX 3030, GUAYAMA, PR, 007840772
- Plan Type: DC
- Total Participants: 331
- Total Assets: $1.7M
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. |
|---|---|---|---|---|
| 2024 | 331 | $1.7M | $310,600 | $8,801 |
| 2023 | 405 | $1.5M | $429,442 | $21,233 |
| 2022 | 407 | $1.0M | $301,350 | $29,103 |
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 |
|---|---|---|---|---|
| LUIS CANDELARIO ROSARIO CPA | Auditor | $17,696 | — | $17,696 |
| NATIONWIDE LIFE INSURANCE COMPANY | RECORDKEEPER | $6,086 | — | $6,086 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE LIFE INSURANCE COMPANY — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,782
- Estimated Expense Ratio: 1.399% 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 | $17,696 | — | — | $17,696 | — |
| 2023 | $30,377 | — | — | $30,377 | — |
| 2022 | $36,325 | — | — | — | — |