Employers › TL Ventures IV › plan 021
Recordkeeping fees per participant · KPMG Puerto Rico Capital Accumulation Plan · plan year 2024
$9.85
Higher than 9% of the 14,075 plans $10 to 50M that report it.
= $1,743 / 177
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013145508NAL0000744163001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145508NAL0000744163001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Administrative expenses excluding investment management, per participant
$12.81
Higher than 8% of the 24,371 plans $10 to 50M that report it.
= $2,268 / 177
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013145508NAL0000744163001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145508NAL0000744163001, received 2025-10-13
Administrative expenses per participant
$12.81
Higher than 5% of the 25,098 plans $10 to 50M that report it.
= $2,268 / 177
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013145508NAL0000744163001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145508NAL0000744163001, received 2025-10-13
Administrative expenses as a share of assets
0.009%
Higher than 3% of the 25,132 plans $10 to 50M that report it.
= $2,268 / $24,300,863
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013145508NAL0000744163001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013145508NAL0000744163001, received 2025-10-13
Employer contributions per participant
$2,904
Higher than 71% of the 24,050 plans $10 to 50M that report it.
= $513,948 / 177
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013145508NAL0000744163001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145508NAL0000744163001, received 2025-10-13
Employer share of total contributions
37.4%
Higher than 80% of the 24,084 plans $10 to 50M that report it.
= $513,948 / $1,374,641
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013145508NAL0000744163001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013145508NAL0000744163001, received 2025-10-13
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3B · 3C · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013145508NAL0000744163001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KPMG LLP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Plan name | KPMG PUERTO RICO CAPITAL ACCUMULATION PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Sponsor EIN / plan number | 13-5565207 / 021 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Sponsor location | MONTVALE, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Industry (business code) | 541211, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Participants, beginning of year | 195 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Active participants | 82 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Participants, end of year | 180 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Participants with an account balance | 177 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Total assets, beginning of year | $20,125,469 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Total assets, end of year | $24,300,863 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Net assets, end of year | $24,300,505 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Total income | $4,366,984 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Net income | $4,175,414 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Employer contributions | $513,948 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Participant contributions | $515,600 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $345,093 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Total contributions | $1,374,641 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Benefit payments | $189,302 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $191,570 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Total administrative expenses | $2,268 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Recordkeeping fees | $1,743 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Administrative expenses excluding investment management | $2,268 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Held in common/collective trusts | $13,311,935 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Held in mutual funds | $10,412,564 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013145508NAL0000744163001, received 2025-10-13 |
| Independent auditor | GRANT THORNTON LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013145508NAL0000744163001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013145508NAL0000744163001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNERrecordkeeper | RECORDKEEPING | 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 63 Distribution (12b-1) fees; 72 Other investment fees and expenses | $1,763 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013145508NAL0000744163001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $20,125,469 | $24,300,863 | 20.7% |
| Participants with a balance | 188 | 177 | -5.9% |
| Administrative expenses | $2,164 | $2,268 | 4.8% |
| Recordkeeping fees per participant | not reported | $9.85 | |
| Employer contributions | $576,079 | $513,948 | -10.8% |
Prior filing 20241013205504NAL0026230129001, received 2024-10-13; the plan years are contiguous.