Retirement plan

LABORATORIO LOS ALMENDROS PROFIT SHARING PLAN

Name: LABORATORIO LOS ALMENDROS - LABORATORIO LOS ALMENDROS PROFIT SHARING PLAN (2024) Form 5500
Creator: LABORATORIO LOS ALMENDROS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LABORATORIO LOS ALMENDROS PROFIT SHARING PLAN, LABORATORIO LOS ALMENDROS

LABORATORIO LOS ALMENDROSEIN 66-0397575Plan #001PY 2024

RIO HONDO III, CC 35 CALLE CEIBA - BAYAMON, PR 00961787-785-1233

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$637K

+9.5% from 2023

Total participants

-33.3% from 2023

Average account balance

$159,367

+64.3% from 2023

Annual return

6.69%

-12.27 pp from 2023

Benchmarks

See 109,631 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,631 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$637K

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+6.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9878

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 codes2E2G3C2T2F

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$40K

$9878 / participant

Other / not subdivided$40K100.0%

% of EOY assets

6.198%

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

$159,367

$183,592-13.2%

$155,567+2.4%

$145,959+9.2%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

6.69%

61.24%-54.6pp

64.74%-58.1pp

561.95%-555.3pp

Employer contribution / active EE

$5,315-100.0%

$4,674-100.0%

$4,661-100.0%

Participant deferral / active EE

$4,140

$6,464-36.0%

$5,628-26.4%

$6,689-38.1%

Admin fee / account holder

$9,878

$19,318-48.9%

$15,916-37.9%

$13,398-26.3%

LABORATORIO LOS ALMENDROS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LABORATORIO LOS ALMENDROS PROFIT SHARING PLAN

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