Plan Snapshot
- Plan Sponsor: Sociedad Para La Asistencia Legal De Pr, INC.
- Sponsor EIN: 660217275
- Sponsor Address: PO BOX 21490, SAN JUAN, PR, 00928
- Plan Type: DC
- Total Participants: 158
- Total Assets: $23.9M
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 | 158 | $23.9M | $512,507 | $391,001 |
| 2023 | 154 | $21.0M | $500,337 | $354,720 |
| 2022 | 168 | $18.7M | $509,291 | $338,452 |
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 |
|---|---|---|---|---|
| ORIENTAL BANK & TRUST | TRUSTEE | $25,490 | — | $25,490 |
| EMPOWER ADVISORY GROUP LLC | INVESTMENT MGT | $12,493 | — | $12,493 |
| ENVESTNET | OTHER | $10,855 | — | $10,855 |
| GALINDEZ LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALINDEZ LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,838
- Estimated Expense Ratio: 0.205% 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 | $187 | — | — | — | — |
| 2023 | $6,055 | — | — | — | — |
| 2022 | — | — | — | — | — |