Plan Snapshot
- Plan Sponsor: Jaye INC Dba Telemedik
- Sponsor EIN: 660543211
- Sponsor Address: PMB 347, SAN JUAN, PR, 009266013
- Plan Type: DC
- Total Participants: 203
- Total Assets: $1.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 203 | $1.9M | $72,897 | $149,625 |
| 2023 | 179 | $1.6M | $73,893 | $152,172 |
| 2022 | 158 | $1.2M | $69,308 | $143,778 |
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 | TRUSTEE FEES | $3,429 | $6,416 | $9,845 |
| LR CPA, PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LR CPA, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,845
- Estimated Expense Ratio: 0.511% 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 | $7,636 | — | — | — | — |
| 2023 | $10,526 | — | — | — | — |
| 2022 | $13,095 | — | — | — | — |