Plan Snapshot
- Plan Sponsor: Individual Management C Consultant INC.
- Sponsor EIN: 660674009
- Sponsor Address: PO BOX 330150, PONCE, PR, 00730
- Plan Type: DC
- Total Participants: 449
- Total Assets: $2.6M
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 | 449 | $2.6M | $180,318 | $379,764 |
| 2023 | 478 | $2.0M | $176,687 | $408,480 |
| 2022 | 477 | $1.4M | $115,010 | $393,878 |
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 F | RECORDKEEPER | $30,457 | — | $30,457 |
| OJEDA CPA GROUP PSC | AUDITOR | $5,586 | — | $5,586 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,043
- Estimated Expense Ratio: 1.413% 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 | $32,071 | — | — | — | — |
| 2023 | $12,657 | — | — | $12,657 | — |
| 2022 | $40,553 | — | — | — | — |