Plan Snapshot
- Plan Sponsor: Nypro Puerto Rico, INC.
- Sponsor EIN: 660320194
- Sponsor Address: ROUTE 15, CAYEY, PR, 00737
- Plan Type: 401(k)
- Total Participants: 397
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 397 | $12.0M | $369,094 | $717,152 |
| 2023 | 453 | $11.4M | $463,518 | $832,577 |
| 2022 | 503 | $9.8M | $241,502 | $434,646 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $48,592 | — | $48,592 |
| KAVANE GRANT THORNTON LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,592
- Estimated Expense Ratio: 0.405% 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 | $48,592 | — | — | — | — |
| 2023 | $54,786 | — | — | — | — |
| 2022 | $15,449 | — | — | — | — |