Plan Snapshot
- Plan Sponsor: Puerto Rico Telephone Company
- Sponsor EIN: 660564397
- Sponsor Address: PO BOX 360998, SAN JUAN, PR, 009360998
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 600
- Total Assets: $761,427
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 600 | $761,427 | $0 | $0 |
| 2024 | 650 | $751,029 | $26,271 | $0 |
| 2023 | 666 | $730,508 | $62,576 | $0 |
| 2022 | 745 | $690,495 | $60,593 | $0 |
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 |
|---|---|---|---|---|
| ANGELITA CUEVAS | Other Service Provider | $23,150 | — | $23,150 |
| JUAN A RIVERA | Other Service Provider | $9,000 | — | $9,000 |
| STRATEGIC CPAS CONSULTING | Auditor | $8,500 | — | $8,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,650
- Estimated Expense Ratio: 5.339% 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 | $60,937 | — | — | — | — |
| 2024 | $77,820 | — | — | — | — |
| 2023 | $83,810 | — | — | — | — |
| 2022 | $74,343 | $13,218 | — | — | $33,290 |