Plan Snapshot
- Plan Sponsor: Terumo Puerto Rico LLC
- Sponsor EIN: 660868014
- Sponsor Address: 265 DAVIDSON AVENUE, SOMERSET, NJ, 08873
- Plan Type: DC
- Total Participants: 322
- Total Assets: $9.0M
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 | 322 | $9.0M | $559,074 | $964,077 |
| 2023 | 345 | $6.8M | $534,930 | $865,868 |
| 2022 | 369 | $4.9M | $484,732 | $833,749 |
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 |
|---|---|---|---|---|
| RSM PUERTO RICO | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $39,631 | $11,988 | $27,643 | — | — |
| 2023 | $29,376 | $8,733 | $18,865 | — | — |
| 2022 | $39,500 | — | $39,500 | — | — |