Plan Snapshot
- Plan Sponsor: Universidad Carlos Albizu
- Sponsor EIN: 660234412
- Sponsor Address: P. O. BOX 9023711, SAN JUAN, PR, 00902
- Plan Type: DC
- Total Participants: 390
- Total Assets: $9.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 390 | $9.1M | $516,983 | $364,697 |
| 2023 | 427 | $8.1M | $469,313 | $326,438 |
| 2022 | 440 | $6.7M | $441,030 | $295,335 |
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 INS. CO. OF AMERICA | RECORDKEEPER | $22,394 | — | $22,394 |
| QUINONES ARCHILLA | INVESTMENT ADVISOR | $17,188 | — | $17,188 |
| GALINDEZ LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALINDEZ LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,582
- Estimated Expense Ratio: 0.437% 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 | $42,093 | $42,093 | — | — | — |
| 2023 | $36,526 | $36,526 | — | — | — |
| 2022 | $39,933 | — | — | — | $39,933 |