Retirement plan

BEST OPTION PUERTO RICO, INC. PROFIT SHARING AND SAVINGS PLAN

Name: BEST OPTION PUERTO RICO, INC. - BEST OPTION PUERTO RICO, INC. PROFIT SHARING AND SAVINGS PLAN (2017) Form 5500
Creator: BEST OPTION PUERTO RICO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEST OPTION PUERTO RICO, INC. PROFIT SHARING AND SAVINGS PLAN, BEST OPTION PUERTO RICO, INC.

BEST OPTION PUERTO RICO, INC.EIN 66-0499131Plan #001PY 2017

359 DE DIEGO AVE., SUITE 201 - SAN JUAN, PR 00909787-723-6868

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.3M

+23.0% from 2016

Total participants

109

+4.8% from 2016

Average account balance

No prior year

Annual return

13.29%

+19.36 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.24M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

154

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.

85.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$558K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 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 codes2E2F2G2J

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$139K

$1359 / participant

Other / not subdivided$139K100.0%

% of EOY assets

4.141%

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

$55,453-100.0%

$170,435-100.0%

$62,293-100.0%

Participation rate

0.0%

66.4%-66.4pp

83.6%-83.6pp

69.5%-69.5pp

Annual return

13.29%

21.38%-8.1pp

205.94%-192.6pp

28.90%-15.6pp

Employer contribution / active EE

$892

$2,164-58.8%

$5,432-83.6%

$2,042-56.3%

Participant deferral / active EE

$2,677

$2,303+16.3%

$4,939-45.8%

$3,169-15.5%

Admin fee / account holder

$455-100.0%

$13,881-100.0%

$479-100.0%

BEST OPTION PUERTO RICO, INC. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEST OPTION PUERTO RICO, INC. PROFIT SHARING AND SAVINGS 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