Plan Snapshot
- Plan Sponsor: Trafon Group, INC
- Sponsor EIN: 660564639
- Sponsor Address: GARDEN HILL PLAZA PMB 342, GUAYNABO, PR, 009662718
- Plan Type: DC
- Total Participants: 103
- Total Assets: $1.2M
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 | 103 | $1.2M | $17,849 | $94,022 |
| 2023 | 182 | $1.3M | $40,676 | $204,466 |
| 2022 | 192 | $1.0M | $50,602 | $219,839 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | Recordkeeper | $13,368 | — | $13,368 |
| B RILEY WEALTH MANAGEMENT INC | Investment Advisor | $6,269 | — | $6,269 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,637
- Estimated Expense Ratio: 1.595% 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 | $21,202 | — | — | — | — |
| 2023 | $17,377 | — | — | — | — |
| 2022 | $15,228 | — | — | — | — |