Plan Snapshot
- Plan Sponsor: Puerto Rico Telephone Company, INC.
- Sponsor EIN: 660564397
- Sponsor Address: PO BOX 360998, SAN JUAN, PR, 009360998
- Plan Type: DC
- Total Participants: 3,173
- Total Assets: $1.5M
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 | 3,173 | $1.5M | $0 | $480,636 |
| 2023 | 2,860 | $875,560 | $0 | $427,724 |
| 2022 | 2,650 | $356,319 | $0 | $363,603 |
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 |
|---|---|---|---|---|
| DRIVEN, PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DRIVEN, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,673 | — | — | — | — |
| 2023 | $1,108 | — | — | — | — |
| 2022 | — | — | — | — | — |