Plan Snapshot
- Plan Sponsor: Neolpharma INC.
- Sponsor EIN: 660790995
- Sponsor Address: PO BOX 363826, SAN JUAN, PR, 009363826
- Plan Type: DC
- Plan Number: 001
- Total Participants: 168
- Total Assets: $6.1M
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 | 168 | $6.1M | $145,240 | $380,261 |
| 2023 | 154 | $5.5M | $159,051 | $423,690 |
| 2022 | 164 | $4.5M | $169,407 | $448,520 |
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 | Recordkeeper | $937 | $5,051 | $5,988 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,988
- Estimated Expense Ratio: 0.098% 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 | $28,474 | — | — | — | — |
| 2023 | $14,610 | — | — | — | — |
| 2022 | $12,125 | — | — | — | — |