Plan Snapshot
- Plan Sponsor: Televicentro De Pr Retirement Plan
- Sponsor EIN: 522188462
- Sponsor Address: PO BOX 362050, SAN JUAN, PR, 009362050
- Plan Type: DC
- Plan Number: 001
- Total Participants: 252
- Total Assets: $18.1M
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 | 252 | $18.1M | $38,825 | $801,187 |
| 2023 | 315 | $12.4M | $0 | $563,824 |
| 2022 | 287 | $10.7M | $0 | $517,946 |
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 |
|---|---|---|---|---|
| INDEPENDENT FINANCIAL GROUP LLC | Investment Advisor | $45,228 | — | $45,228 |
| EMPOWER ANNUTY INSURANCE COMPANY OF | Recordkeeper | $39,292 | — | $39,292 |
| BENEFIT CONSULTING GROUP OF PR INC | Other Service Provider | $8,076 | — | $8,076 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,596
- Estimated Expense Ratio: 0.511% 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 | $84,840 | — | $84,840 | — | — |
| 2023 | $63,040 | — | $63,040 | — | — |
| 2022 | $65,325 | — | $65,325 | — | — |