Plan Snapshot
- Plan Sponsor: Pan American Grain Mfg. Co
- Sponsor EIN: 660405511
- Sponsor Address: AMELIA INDUSTRIAL PARK, GUAYNABO, PR, 00968
- Plan Type: DC
- Total Participants: 195
- Total Assets: $11.7M
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 | 195 | $11.7M | $361,224 | $755,487 |
| 2023 | 178 | $9.9M | $355,969 | $717,472 |
| 2022 | 176 | $7.9M | $320,126 | $653,591 |
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 FEE | — | $30,638 | $30,638 |
| DRIVEN P.S.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DRIVEN P.S.C — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,638
- Estimated Expense Ratio: 0.261% 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 | $3,439 | $3,439 | — | — | — |
| 2023 | $765 | $765 | — | — | — |
| 2022 | $2,220 | $2,220 | — | — | — |