Plan Snapshot
- Plan Sponsor: Puerto Rico Wire Products, INC.
- Sponsor EIN: 660213750
- Sponsor Address: PO BOX 363167, SAN JUAN, PR, 009363167
- Plan Type: DC
- Total Participants: 256
- Total Assets: $4.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 256 | $4.0M | $91,821 | $351,851 |
| 2023 | 275 | $3.3M | $84,775 | $324,844 |
| 2022 | 258 | $1.8M | $62,135 | $253,211 |
| 2019 | 220 | $2.0M | $0 | $0 |
| 2018 | 411 | $1.5M | $0 | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | RECORDKEEPER | $38,967 | — | $38,967 |
| OSAIC FS INC | BROKER/ADVISOR | — | $15,003 | $15,003 |
| UMPIERRE PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UMPIERRE PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,970
- Estimated Expense Ratio: 1.360% 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 | $40,866 | — | — | — | — |
| 2023 | $29,795 | — | — | — | — |
| 2022 | $25,910 | — | — | — | — |
| 2019 | $20,408 | — | — | — | — |
| 2018 | $22,659 | — | — | — | — |