Plan Snapshot
- Plan Sponsor: Servicios Legales De Pr, INC.
- Sponsor EIN: 660265391
- Sponsor Address: 1859 AVE PONCE DE LEON, SANTURCE, PR, 00912
- Plan Type: DC
- Plan Number: 001
- Total Participants: 136
- Total Assets: $11.4M
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 | 136 | $11.4M | $293,483 | $466,597 |
| 2023 | 144 | $10.2M | $287,229 | $449,597 |
| 2022 | 148 | $8.6M | $241,826 | $430,101 |
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 | $9,105 | $18,594 | $27,699 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,699
- Estimated Expense Ratio: 0.243% 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 | $9,104 | — | — | — | — |
| 2023 | $2,496 | — | — | — | — |
| 2022 | $37,724 | — | — | — | — |