Plan Snapshot
- Plan Sponsor: Puerto Rico Supplies Group, INC.
- Sponsor EIN: 660672673
- Sponsor Address: PO BOX 11908, SAN JUAN, PR, 009221908
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,012
- Total Assets: $57.4M
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. |
|---|---|---|---|---|
| 2025 | 1,012 | $57.4M | $0 | $0 |
| 2024 | 903 | $48.1M | $1.0M | $2.2M |
| 2023 | 872 | $41.4M | $959,158 | $2.0M |
| 2022 | 804 | $34.0M | $883,126 | $1.8M |
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 | $179,647 | $25,788 | $205,435 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $205,435
- Estimated Expense Ratio: 0.358% 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 |
|---|---|---|---|---|---|
| 2025 | $1,498,636 | — | — | — | — |
| 2024 | $132,795 | — | — | — | — |
| 2023 | $118,046 | — | — | — | — |
| 2022 | $94,261 | — | — | — | — |