Plan Snapshot
- Plan Sponsor: Pharmpix Corp
- Sponsor EIN: 660727166
- Sponsor Address: PHARMPIX CORP., GUAYNABO, PR, 00968
- Plan Type: DC
- Plan Number: 001
- Total Participants: 110
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 110 | $2.2M | $176,768 | $274,145 |
| 2023 | 101 | $1.7M | $138,841 | $225,357 |
| 2022 | 103 | $1.2M | $99,124 | $187,995 |
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 | $5,631 | $4,092 | $9,723 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,723
- Estimated Expense Ratio: 0.440% 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 | $8,109 | — | — | — | — |
| 2023 | $2,658 | — | — | — | — |
| 2022 | $177,371 | — | — | — | — |