Plan Snapshot
- Plan Sponsor: Supermercados Maximo, INC.
- Sponsor EIN: 660615815
- Sponsor Address: PO BOX 11675, SAN JUAN, PR, 009221675
- Plan Type: DC
- Total Participants: 1,555
- Total Assets: $8.4M
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 | 1,555 | $8.4M | $414,820 | $1.0M |
| 2023 | 1,481 | $6.5M | $240,506 | $657,444 |
| 2022 | 1,382 | $5.0M | $227,682 | $645,450 |
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 |
|---|---|---|---|---|
| BENEFIT PLANS ADMINISTARTION SERVIC | NONE | $75,767 | — | $75,767 |
| FINAXIAL CORP | NONE | $39,228 | — | $39,228 |
| BPAS TRUST COMPANY OF PUERTO RICO | NONE | $11,360 | — | $11,360 |
| CROWE PR PSC | 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: $126,355
- Estimated Expense Ratio: 1.497% 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 | $126,355 | $7,573 | $68,194 | — | — |
| 2023 | $64,730 | $5,694 | $21,386 | — | — |
| 2022 | $78,933 | — | $78,933 | — | — |