Plan Snapshot
- Plan Sponsor: Hospital Espanol Auxilio Mutuo De Puerto Rico INC
- Sponsor EIN: 660486907
- Sponsor Address: PO BOX 191227, SAN JUAN, PR, 009191227
- Plan Type: DC
- Total Participants: 1,894
- Total Assets: $39.4M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,894 | $39.4M | $942,275 | $2.1M |
| 2023 | 1,742 | $35.1M | $867,500 | $2.0M |
| 2022 | 1,788 | $30.3M | $832,164 | $2.1M |
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 COMPANY | RECORDKEEPER | $175,667 | — | $175,667 |
| PENSION ADMINISTRATORS GROUP, INC. | CONTRACT ADMIN | $71,548 | — | $71,548 |
| OSAIC WEALTH INC | BORKER/ADVISOR | — | $64,943 | $64,943 |
| GALINDEZ, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALINDEZ, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $312,158
- Estimated Expense Ratio: 0.792% 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 | $226,650 | — | — | — | — |
| 2023 | $178,988 | $178,988 | — | — | — |
| 2022 | $199,715 | $199,715 | — | — | — |