Sistema Universitario Ana G Mendez 401(k) Review & Grade
Sistema Universitario Ana G Mendez Employees Savings Investment Plan
San Juan, PRProfessional, Scientific & Technical Services1,262 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$314Employer $ per active participant
$1,580Employee $ saved per active participant
0.32%Direct admin cost, % of plan assets
$40.6MNet plan assets, end of year
$35,298Average balance per account
Score breakdown
- Employer generosity5.3 / 5011th percentile for employer $ per participant
- Low cost9.6 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving1.2 / 158th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score16 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 11th |
| Lower admin cost | 39th |
| Employee saving | 8th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Sistema Universitario Ana G Mendez put in about $314 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $396,792 |
| Participant (employee) contributions | $1,994,837 |
| Other contributions (incl. rollovers in) | $87,036 |
| Administrative expenses paid from the plan | $122,381 |
| Other admin expenses | $122,381 |
| Benefits paid out | $2,888,833 |
| Net assets, start / end of year | $36.5M / $40.6M |
| Active participants, start / end of year | 1,375 / 1,150 |
| Participants with account balances | 1,150 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Driven, PSC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $93,343 reported compensation |
| Pension Administrators Group Inc | $22,471 reported compensation |
| Empower Advisory Group, LLC | $13,777 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250804133830NAL0000998641001, received 2025-08-04, EIN 66-0201206, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.