Filed March 10, 2006 (most recent of 3 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 |
|---|---|---|
Service code 21 · EIN 66-0561870 | Bank Trustee | $6,614 |
Filed as: BPPR-POPULAR FIDUCIARY SERVICES Service code 72 | Other investment fees and expenses | $4,294 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,881 | $51,620-75.0% | $90,336-85.7% | $65,188-80.2% |
| Participation rate | 71.1% | 68.6%+2.4pp | 73.3%-2.2pp | 70.2%+0.9pp |
| Annual return | 13.55% | 24.94%-11.4pp | 78.15%-64.6pp | 29.38%-15.8pp |
| Employer contribution / active EE | $263 | $2,235-88.2% | $2,856-90.8% | $2,177-87.9% |
| Participant deferral / active EE | $946 | $2,871-67.0% | $3,886-75.7% | $3,514-73.1% |
| Admin fee / account holder | $89 | $384-76.7% | $5,357-98.3% | $847-89.4% |