Bermudez, Longo, Diaz-Masso, LLC 401k Pension Plan — Form 5500 plan (Bermudez, Longo, Diaz-Masso, LLC.)

Plain-English plan 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, Bermudez, Longo, Diaz-Masso, LLC 401k Pension Plan is a benefit plan reported by Bermudez, Longo, Diaz-Masso, LLC. under EIN 66-0454618 and plan number 002. The latest loaded filing year is 2023. The filing reports 428 participants and $8,838,736 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.8MPlan net assets, end of year$8,838,736
Participants428Covered participants reported
Assets / participant$20.7KComputed: assets ÷ participants$20,651 (computed)
Provider compensation$24.3K1 Schedule C provider row(s)$24,258
Plan sponsor
Bermudez, Longo, Diaz-Masso, LLC.
EIN
66-0454618
Plan number
002
Plan type
2
Location
San Juan, PR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023428H, C20241015104351NAL0014422755001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.8M total assets
Net assets$8.8MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$317.9K
Benefits paid / distributions$313.4K
Contributions
Employer$211.6K
Participant$460.3K
Full reported line items

Net assets

Total assets (EOY)
$8,838,736
Total liabilities (EOY)
$0
Net assets (EOY)
$8,838,736
Net assets (BOY)
$7,150,647

Income & contributions

Employer contributions
$211,574
Participant contributions
$460,333
Total contributions
$671,907
Total income / additions
$2,005,979

Expenses & distributions

Benefits paid
$313,371
Administrative expenses
$4,519
Total expenses
$317,890
Net increase / (decrease)
$1,688,089
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Popular Inc.TRUSTEE & RK$3,076$21,1822023

Related Form 5500 pages