Plan Snapshot
- Plan Sponsor: J. Pica Y Cia LLC
- Sponsor EIN: 660244141
- Sponsor Address: PO BOX 71464, SAN JUAN, PR, 009368564
- Plan Type: DC
- Total Participants: 525
- Total Assets: $2.8M
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 | 525 | $2.8M | $56,643 | $299,756 |
| 2023 | 435 | $2.3M | $55,708 | $285,555 |
| 2022 | 450 | $1.8M | $52,971 | $262,992 |
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 INS COMP OF AMERICA | RECORDKEEPER | $28,759 | — | $28,759 |
| PENSION ADMINISTRATORS GROUP | CONTRACT ADMIN | $11,913 | — | $11,913 |
| AJ HERNANDEZ & CO, CPA, PSC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,672
- Estimated Expense Ratio: 1.448% 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 | $38,802 | — | — | — | — |
| 2023 | $35,271 | — | — | — | — |
| 2022 | $38,815 | — | — | — | — |