Evertec Group retirement plan: assets, participants and fees
What Evertec Group's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Bppr - Popular Fiduciary Services | Schedule C ↗ |
| Independent auditor | Kevane Grant Thornton, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 234 defined-contribution plans in information with 1,000 to 4,999 participants.
| Evertec Group: employer contribution per participant | $739 | |
| Peer median | $2,213 |
| Evertec Group: average balance | $74,642 | |
| Peer median | $99,234 |
| Evertec Group: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.09% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $102M at the end of plan year 2023 to $118M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,598 | $118M | $1.2M | $739 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 1,605 | $102M | $1.1M | $711 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Evertec Group match 401(k) contributions?
The match terms for the Evertec Group, LLC Savings & Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $1.2M in employer contributions, about $739 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Evertec Group 401(k) match vested?
The vesting schedule for the Evertec Group, LLC Savings & Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Evertec Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Bppr - Popular Fiduciary Services. The plan administrator is Evertec Group, LLC.
I left Evertec Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Evertec Group, LLC, (787) 759-9999) or the recordkeeper, Bppr - Popular Fiduciary Services. The Evertec Group old 401(k) page lists the contacts from every plan filing. Find an old Evertec Group 401(k)
Data from the public Form 5500 annual reports Evertec Group filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Evertec Group. Not financial advice. Report a correction · Methodology