Plan Snapshot
- Plan Sponsor: Medical Card System, INC.
- Sponsor EIN: 660702991
- Sponsor Address: PO BOX 9023547, SAN JUAN, PR, 009023547
- Plan Type: DC
- Total Participants: 2,477
- Total Assets: $77.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,477 | $77.7M | $870,808 | $4.6M |
| 2023 | 2,284 | $66.5M | $1.8M | $4.3M |
| 2022 | 2,205 | $52.3M | $1.7M | $4.2M |
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 | RECORDKEEPING | $32,470 | $15,250 | $47,720 |
| LANDA UMPIERRE PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LANDA UMPIERRE PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,720
- Estimated Expense Ratio: 0.061% 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 | $26,967 | — | — | — | — |
| 2023 | $49,414 | — | — | — | — |
| 2022 | $81,791 | — | — | — | $81,791 |