Plan Snapshot
- Plan Sponsor: Thermo King Puerto Rico Manufactura, INC.
- Sponsor EIN: 660777053
- Sponsor Address: PO BOX 144060, ARECIBO, PR, 006144060
- Plan Type: DB
- Plan Number: 108
- Total Participants: 176
- Total Assets: $13.6M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 176 | $13.6M | $700,000 | $0 |
| 2023 | 182 | $13.9M | $300,000 | $0 |
| 2022 | 188 | $13.0M | $1.0M | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $173,304 | — | $173,304 |
| MILLIMAN | Recordkeeper | $31,442 | — | $31,442 |
| BANCO POPULAR | Custodian / Trustee | $18,430 | — | $18,430 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- MILLIMAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $223,176
- Estimated Expense Ratio: 1.640% 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 | $276,976 | — | — | — | — |
| 2023 | $131,012 | $18,263 | $12,610 | — | — |
| 2022 | $134,464 | $34,170 | — | — | $75,401 |