Plan Snapshot
- Plan Sponsor: Store Management System LLC
- Sponsor EIN: 660866249
- Sponsor Address: 47 CALLE GEORGETTI, COMERIO, PR, 00782
- Plan Type: DC
- Total Participants: 483
- Total Assets: $744,250
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 | 483 | $744,250 | $129,601 | $185,690 |
| 2023 | 411 | $385,730 | $99,057 | $155,352 |
| 2022 | 511 | $96,272 | $43,678 | $54,946 |
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 |
|---|---|---|---|---|
| FINANXIAL, CORP. | N/A | $5,546 | — | $5,546 |
| BENEFIT PLANS ADMIN SERVICES, INC. | N/A | $5,291 | — | $5,291 |
| AQUINO,DE CORDOVA,LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,837
- Estimated Expense Ratio: 1.456% 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 | $10,837 | $580 | $4,711 | — | — |
| 2023 | $4,389 | $233 | $1,895 | — | — |
| 2022 | $2,845 | — | $2,845 | — | — |