Retirement plan

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL

Name: COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA - COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL (2024) Form 5500
Creator: COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL, COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTAEIN 66-0214784Plan #002PY 2024

PO BOX 1078 - VEGA ALTA, PR 00692787-883-4360

Other plans on this EIN

1 filing

#003Retirement-$2.7M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$7.5M

+17.3% from 2023

Total participants

+12.1% from 2023

Average account balance

$202,790

+4.6% from 2023

Annual return

10.56%

+0.27 pp from 2023

Benchmarks

See 7,155 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,155 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.50M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$203K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

115.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$440K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.56%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$298

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3C

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$11K

$345 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.147%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$202,790

$138,393+46.5%

$184,256+10.1%

$80,959+150.5%

Participation rate

100.0%

83.9%+16.1pp

86.8%+13.2pp

67.7%+32.3pp

Annual return

10.56%

20.01%-9.5pp

28.85%-18.3pp

35.67%-25.1pp

Employer contribution / active EE

$9,169

$4,847+89.2%

$6,427+42.7%

$2,757+232.6%

Participant deferral / active EE

$4,581

$7,076-35.3%

$9,133-49.8%

$4,300+6.5%

Admin fee / account holder

$298

$10,489-97.2%

$13,899-97.9%

$6,925-95.7%

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion