2023 Form 5500 filing — Mapfre Praico Retirement And Savings Plan Retirement And Savings Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015172450NAL0049124304001) for Mapfre Praico Retirement And Savings Plan Retirement And Savings Plan, reported by Mapfre Praico Corporation under EIN 66-0781080 and plan number 001. It reports 639 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$64.8MReported net assets$64,755,836
Participants639
Provider compensation$88K1 Schedule C row(s)$87,965
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015172450NAL0049124304001
Plan sponsor
Mapfre Praico Corporation
EIN
66-0781080
Plan number
001
Location
San Juan, PR
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$64.8M total assets
Net assets$64.8MLiabilities$0
Money in vs. money out
Total income / additions$12.5M
Total expenses$5.4M
Benefits paid / distributions$5.4M
Contributions
Employer$2M
Participant$2.1M
Full reported line items
Total assets (EOY)
$64,755,836
Total liabilities (EOY)
$0
Net assets (EOY)
$64,755,836
Employer contributions
$1,979,966
Participant contributions
$2,100,220
Total income / additions
$12,453,883
Benefits paid
$5,364,208
Administrative expenses
$68,999
Total expenses
$5,433,207
Net increase / (decrease)
$7,020,676

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Bppr - Popular Fiduciary Services12B 1 FEES$77,970$9,995

Related Form 5500 pages