Plan Snapshot
- Plan Sponsor: Metro Health INC. Dba Hospital Metropolitano
- Sponsor EIN: 660551899
- Sponsor Address: PO BOX 11981, SAN JUAN, PR, 00921
- Plan Type: DC
- Total Participants: 312
- Total Assets: $3.1M
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 | 312 | $3.1M | $54,894 | $248,338 |
| 2023 | 377 | $2.7M | $56,663 | $258,018 |
| 2022 | 289 | $2.6M | $48,562 | $223,826 |
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 | RK & TRUSTEE | $6,135 | $12,147 | $18,282 |
| GALINDEZ LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALINDEZ LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,282
- Estimated Expense Ratio: 0.590% 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 | $6,135 | — | — | — | — |
| 2023 | $20,300 | — | — | — | — |
| 2022 | $12,660 | — | — | — | — |