Puerto Rico › Retail trade › 250 to 499 participants
Form 5500 statement · plan year 1 Sep 2024 to 31 Aug 2025
Cesar Castillo Inc. Saving and Retirement Plan
Sponsored by Cesar Castillo LLC, Guaynabo, PR
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Cesar Castillo LLC of Guaynabo, Puerto Rico sponsors Cesar Castillo Inc. Saving and Retirement Plan, a defined contribution plan. Its Form 5500 for the plan year ending 31 Aug 2025 shows 305 participants (300 active) and $6.0M in net assets.
Net assets came to $19,615 per participant, well below the $48,746 median for defined contribution plans with 250 to 499 participants and well below the $36,708 median for defined contribution plans in retail trade. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $72K during the year, or $241 per active participant against a same-size median of $2,017; participants contributed $389K. Benefits paid out totalled $44K.
Schedule C lists 1 service provider organisation paid $5,000 or more, with reported compensation of $18K: $59.87 per participant, well below the same-size median of $141. Administrative expenses charged to the plan were $1,336. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $2.6M in 2009 to $6.0M in 2024 (up 127%), and participants from 459 to 305 (down 34%).
The independent accountant's opinion on the financial statements was disclaimer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $19,615 | $48,746 | $36,708 | $53,102 |
| Employer contributions per active participant | $241 | $2,017 | $999 | $2,175 |
| Schedule C compensation per participant | $59.87 | $141 | $121 | $123 |
| Schedule C compensation, share of net assets | 0.30% | 0.30% | 0.36% | 0.26% |
| Administrative expenses per participant | $4.38 | $133 | $114 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), retail trade (3,794) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 305 | $6.0M | $19,616 | $72K | $389K | $18K |
| 2023 | 280 | $5.1M | $18,318 | $21K | $284K | $15K |
| 2022 | 248 | $4.3M | $17,230 | — | $219K | $13K |
| 2021 | 247 | $4.0M | $16,247 | — | $202K | $13K |
| 2020 | 256 | $4.4M | $17,094 | — | $198K | $12K |
| 2019 | 265 | $3.7M | $13,875 | — | $171K | $10K |
| 2018 | 292 | $3.3M | $11,363 | — | $161K | $10K |
| 2017 | 286 | $3.2M | $11,318 | — | $163K | $8,000 |
| 2016 | 313 | $3.3M | $10,435 | — | $162K | $16K |
| 2015 | 313 | $3.1M | $9,853 | — | $156K | $9,000 |
| 2014 | 315 | $2.9M | $9,210 | — | $156K | $8,000 |
| 2013 | 349 | $3.1M | $8,799 | — | $165K | $8,000 |
| 2012 | 344 | $2.9M | $8,317 | — | $185K | $11K |
| 2011 | 379 | $2.9M | $7,625 | $0 | $193K | $9,000 |
| 2010 | 383 | $2.7M | $6,950 | — | $157K | $1,000 |
| 2009 | 459 | $2.6M | $5,736 | $1,000 | $165K | $12K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$5,129,076
- Employer contributions$72,440
- Participant contributions$388,818
- Rollovers and other contributions—
- Total contributions$461,258
- Total income, including investment results$899,088
- Benefits paid$44,178
- Administrative expenses$1,336
- Total expenses$45,514
- Net income$853,574
- Net transfers$0
- Net assets, end of year$5,982,650
Participants
- Active participants300
- Retired or separated, receiving benefits2
- Retired or separated, entitled to future benefits2
- Participants with account balances221
- Total participants, end of year305
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Bppr-Popular Fiduciary Services | Trustee (bank, trust company, or similar financial institution) | $1,358 | $16,901 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$1,336
- Total administrative expenses$1,336
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$5.8M · 97.2%
- Participant loans$168K · 2.8%
Audit and compliance answers, as filed
- Accountant's opinionDisclaimer
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
3CPlan not intended to be qualified2FERISA section 404(c) plan2TTotal or partial participant-directed account plan with a default investment account2GTotal participant-directed account plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 446190: Other Health & Personal Care Stores.
Similar plans in Puerto Rico
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Psi Group Savings and Retirement Plan Retirement Plan | PS Imports, Inc. | 308 | $528K | $1,713 |
| Pepe Abad Retirement Plan | Empresas Pepe Abad LLC | 299 | $1.6M | $5,465 |
| Pepe Ganga Retirement Plan | Pepe Ganga, Corp. | 320 | $1.9M | $5,920 |
| VPH Retirement Savings Plan | VPH Motor Corp. | 294 | $5.4M | $18,393 |
| Caribbean Produce Exchange Profit Sharing Plan | Caribbean Produce Exchange, LLC | 359 | $2.7M | $7,517 |
| Steel and Pipes 1081. 01(D) Retirement Plan | Steel and Pipes, Inc. | 266 | — | — |
Defined contribution plans in retail trade closest in size.
Questions and answers
How big is Cesar Castillo Inc. Saving and Retirement Plan?
305 participants at the end of the plan year ending 31 Aug 2025, of whom 300 were active employees, with net assets of $5,982,650. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does Cesar Castillo LLC contribute per participant?
The filing reports $72,440 in employer contributions for the year, which is $241 per active participant; the median for plans of the same type and size was $2,017 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $18,259 in compensation to service provider organisations, $59.87 per participant or 0.30% of net assets. The same-size median among plans reporting any Schedule C compensation was $141 per participant. Administrative expenses on Schedule H were $1,336. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Cesar Castillo LLC. Recordkeeping or administration: Bppr-Popular Fiduciary Services. Trustee or custodian: Bppr-Popular Fiduciary Services. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an disclaimer opinion. A disclaimer of opinion was the usual result of a limited-scope audit under the rules in force before 2021 and is not by itself a finding about the plan.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Sep 2024 to 31 Aug 2025, received by the Department of Labor on 15 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 66-0175629, plan 001, received 15 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.