Plan Snapshot
- Plan Sponsor: Plaza Provision Company (Puerto Rico), LLC
- Sponsor EIN: 660177768
- Sponsor Address: PO BOX 363328, SAN JUAN, PR, 009363328
- Plan Type: DC
- Total Participants: 600
- Total Assets: $23.4M
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 | 600 | $23.4M | $712,025 | $1.2M |
| 2023 | 532 | $19.9M | $328,579 | $883,177 |
| 2022 | 523 | $16.6M | $298,961 | $874,834 |
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 | TRUSTEE/RECORDKEEPER | $1,310 | $73,604 | $74,914 |
| CARLOS E. GONZALEZ VARELA, CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,914
- Estimated Expense Ratio: 0.321% 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 | $70,501 | — | — | — | — |
| 2023 | $58,886 | — | — | — | — |
| 2022 | $59,143 | — | — | — | — |