Plan Snapshot
- Plan Sponsor: Lilly Del Caribe, INC.
- Sponsor EIN: 980167031
- Sponsor Address: P.O. BOX 1198, CAROLINA, PR, 009861198
- Plan Type: 401(k)
- Total Participants: 1,145
- Total Assets: $519.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,145 | $519.3M | $5.3M | $9.4M |
| 2023 | 1,172 | $441.9M | $5.0M | $8.9M |
| 2022 | 1,093 | $335.9M | $4.6M | $8.3M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS, LLC | NONE KNOWN | $67,690 | — | $67,690 |
| BANCO POPULAR DE PUERTO RICO | NONE KNOWN | $64,451 | — | $64,451 |
| ELI LILLY AND COMPANY | PLAN SPONSOR | $31,590 | — | $31,590 |
| PLANTE & MORAN PLLC | NONE KNOWN | $28,733 | — | $28,733 |
| ERNST & YOUNG LLP | NONE KNOWN | $23,432 | — | $23,432 |
| AON CONSULTING, INC. | NONE KNOWN | $9,135 | — | $9,135 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS, LLC — NONE KNOWN
- ERNST & YOUNG LLP — NONE KNOWN
- AON CONSULTING, INC. — NONE KNOWN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $225,031
- Estimated Expense Ratio: 0.043% 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 | $227,510 | — | — | $23,432 | — |
| 2023 | $227,754 | — | — | $22,590 | — |
| 2022 | $168,472 | — | $52,381 | — | $100,943 |