Filed December 19, 1995 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: BANCO POPULAR Service code 21 · EIN 66-0561870 | Bank Trustee | $51,062 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,175 | $53,412+192.4% | $68,509+128.0% | $52,331+198.4% |
| Participation rate | 29.0% | 71.7%-42.6pp | 74.7%-45.7pp | 68.1%-39.1pp |
| Annual return | -3.49% | 3.42%-6.9pp | 8.27%-11.8pp | 4.54%-8.0pp |
| Employer contribution / active EE | $1,396 | $1,607-13.1% | $2,278-38.7% | $1,882-25.8% |
| Participant deferral / active EE | $1,403 | $2,688-47.8% | $3,382-58.5% | $3,022-53.6% |
| Admin fee / account holder | $719 | $461+56.1% | $5,275-86.4% | $592+21.6% |