Plan Snapshot
- Plan Sponsor: Mcconnell Valdes LLC
- Sponsor EIN: 660226027
- Sponsor Address: PO BOX 364225, SAN JUAN, PR, 009364225
- Plan Type: DC
- Plan Number: 002
- Total Participants: 149
- Total Assets: $80.8M
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 | 149 | $80.8M | $1.4M | $1.0M |
| 2023 | 137 | $73.3M | $1.3M | $932,293 |
| 2022 | 132 | $61.2M | $1.2M | $930,340 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC. | Investment Advisor | $245,499 | — | $245,499 |
| NPPG RECORD KEEPING SOLUTIONS LLC | Other Service Provider | $30,650 | — | $30,650 |
| LANDA UMPIERRE PSC | Auditor | $11,325 | — | $11,325 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — Investment Advisor
- LANDA UMPIERRE PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $287,474
- Estimated Expense Ratio: 0.356% 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 | $304,621 | $245,499 | — | $11,325 | — |
| 2023 | $269,869 | $212,703 | $28,711 | $11,330 | — |
| 2022 | $246,293 | $188,207 | $40,860 | — | — |