Plan Snapshot
- Plan Sponsor: Union De Carpinteros De Puerto Rico
- Sponsor EIN: 660225596
- Sponsor Address: PO BOX 364506, SAN JUAN, PR, 009364506
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 482
- Total Assets: $2.5M
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 | 482 | $2.5M | $21,885 | $0 |
| 2023 | 470 | $2.8M | $26,405 | $0 |
| 2022 | 472 | $3.1M | $29,062 | $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 |
|---|---|---|---|---|
| MIRIAM CASTRO CHANDRI | Other Service Provider | $52,422 | — | $52,422 |
| EFRAIN RODRIGUEZ AND ASSOCIATES | Other Service Provider | $13,650 | — | $13,650 |
| MARTINEZ ALVAREZ, MENENDEZ CORTADA | Other Service Provider | $10,702 | — | $10,702 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,774
- Estimated Expense Ratio: 3.072% 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 | $346,319 | $2,521 | — | $9,000 | — |
| 2023 | $351,230 | — | — | $9,000 | — |
| 2022 | $317,019 | $3,217 | — | — | $71,285 |