401(k) · DOL Form 5500 · 2022
First Bank of Puerto Rico 401(k) Plan
Data updated 2026-08-11
- $118M
- Total assets
- 2,767
- Participants
- 94th
- Percentile by assets
- $42,661
- Avg per participant
Official DOL plan name: First Bank 401(k) Retirement Plan for Residents of Puerto Rico · Sponsored by First Bank of Puerto Rico · Puerto Rico · Finance & Insurance
$118M in assets, 2,767 participants
First Bank of Puerto Rico's First Bank 401(k) Retirement Plan for Residents of Puerto Rico reported $118M in total assets and 2,767 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 94th percentile by assets (of 139,126 plans)
- #8,301 in Finance & Insurance (9,261 peers)
Coverage in Puerto Rico
First Bank 401(k) Retirement Plan for Residents of Puerto Rico covers 2,767 participants in Puerto Rico, 31x the typical Puerto Rico plan (state average ~89 per filing). Assets: $118M.
- $118M
- total plan assets (2022 EOY)
- 2,767
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $42,661
- avg assets per participant
The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Puerto Rico filers
In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. First Bank 401(k) Retirement Plan for Residents of Puerto Rico reports 2,767 participants - 31x that state average ($118M EOY assets).
Puerto Rico filing particulars
| Total Assets (Beginning of Year) | $134M |
|---|---|
| Net Assets (End of Year) | $118M |
| Net Income | -$16M |
| Employer EIN | 660183103 |
| Plan Effective Date | 1965-05-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First Bank of Puerto Rico)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 3,294 | $214M |
| 2023 | 4 | 3,402 | $242M |
| 2024 | 3 | 3,351 | $234M |
Nearby 401(k) Plans in Puerto Rico
Peer 401(k) plans, same state, same plan type, ranked by total assets.
First Bank 401(k) Retirement Plan for Residents of Puerto Rico vs. nearby 401(k) plans in Puerto Rico, assets vs. participants
- Pfizer Savings Plan for Employees Resident in Puerto Rico $396M · 99
- Msd Puerto Rico Savings and Security Plan $199M · 680
- Inter American University of Pr Defined Contribution Retirement Plan $173M · 1,776
- Popular, Inc. USA 401(k) Savings & Investment Plan $127M · 806
- Ipr Pharmaceuticals, Inc. Profit Sharing, Retirement & Savings Plan $110M · 182
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to First Bank 401(k) Retirement Plan for Residents of Puerto Rico by total assets, not by location.
- Cabot Oil and Gas Corporation Savings Investment Plan (TX) $118M · 264
- U.S. Oral Surgery Management, LLC Retirement Plan (TX) $118M · 1,204
- Altium Packaging 401(k) Plan (GA) $118M · 1,320
- H.W. Lochner, Inc. 401(k) Retirement Plan (IL) $118M · 597
Frequently Asked Questions
How did First Bank 401(k) Retirement Plan for Residents of Puerto Rico assets move in 2022? ▼
How have First Bank of Puerto Rico plan assets changed over time? ▼
Where does First Bank 401(k) Retirement Plan for Residents of Puerto Rico rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to First Bank 401(k) Retirement Plan for Residents of Puerto Rico? ▼
Next read for First Bank 401(k) Retirement Plan for Re…
Filing takeaways
Ways to act on First Bank 401(k) Retirement Plan for Residents of Puerto Rico's numbers.
- By total assets, First Bank 401(k) Retirement Plan for Residents of Puerto Rico ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Puerto Rico. Compare plans
- First Bank of Puerto Rico's sponsor-wide assets have grown 9.6% since 2022 across 3 plan years on file. More Finance & Insurance plans