Retirement plan

DISCOVER PUERTO RICO RETIREMENT PLAN

Name: CORP PARA LA PROMOCION DE PR COMO DESTINO - DISCOVER PUERTO RICO RETIREMENT PLAN (2021) Form 5500
Creator: CORP PARA LA PROMOCION DE PR COMO DESTINO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISCOVER PUERTO RICO RETIREMENT PLAN, CORP PARA LA PROMOCION DE PR COMO DESTINO

CORP PARA LA PROMOCION DE PR COMO DESTINOEIN 66-0888522Plan #002PY 2021

OCHOA BUILDING, 500 CALLE TANCA SUITE 402B - SAN JUAN, PR 009011969787-925-7277

Other plans on this EIN

1 filing

#001Retirement-$881K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$397K

+96.7% from 2020

Total participants

0.0% from 2020

Average account balance

$44,078

+96.7% from 2020

Annual return

35.75%

+10.72 pp from 2020

Benchmarks

See 126,134 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort126,134 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.04M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$187K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+13.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4110

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$44,078

$176,077-75.0%

$159,455-72.4%

$167,518-73.7%

Participation rate

100.0%

84.9%+15.1pp

82.8%+17.2pp

82.1%+17.9pp

Annual return

35.75%

331.83%-296.1pp

263.63%-227.9pp

478.71%-443.0pp

Employer contribution / active EE

$4,056

$5,298-23.4%

$4,830-16.0%

$4,838-16.2%

Participant deferral / active EE

$9,608

$7,751+24.0%

$7,353+30.7%

$6,342+51.5%

Admin fee / account holder

$12,556-100.0%

$10,800-100.0%

$12,312-100.0%

DISCOVER PUERTO RICO RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

DISCOVER PUERTO RICO RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion