Plan Snapshot
- Plan Sponsor: National College Of Business & Technology Company, INC.
- Sponsor EIN: 660394377
- Sponsor Address: #61 AVE PONCE DE LEON, SAN JUAN, PR, 00917
- Plan Type: DC
- Total Participants: 518
- Total Assets: $2.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 518 | $2.3M | $205,849 | $461,218 |
| 2023 | 399 | $1.6M | $177,207 | $371,919 |
| 2022 | 302 | $986,367 | $135,416 | $284,333 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $8,441 | — | $8,441 |
| KEVANE GRANT THORNTON | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,441
- Estimated Expense Ratio: 0.364% 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 | $8,441 | — | $8,441 | — | — |
| 2023 | $4,089 | — | $4,089 | — | — |
| 2022 | $2,655 | — | $2,655 | — | — |