401(k) · DOL Form 5500 · 2022

First Bank of Puerto Rico 401(k) Plan

Data updated 2026-08-25

$118M
Total assets Near avg plan size
2,767
Participants Above avg headcount
94th
Percentile by assets National rank
$42,661
Avg per participant Low balance/head
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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.

  • #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.

#8,301
in Finance & Insurance (9,261 peers)
-11.9%
assets change YoY
1.2×
vs typical plan assets (national mean)

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.

First Bank 401(k) Retirement Plan for Residents of Puerto Rico's outsized position by total assets

First Bank 401(k) Retirement Plan for Residents of Puerto Rico vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$118,043,413 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First Bank 401(k) Retirement Plan for Residents of Puerto Rico's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Bank 401(k) Retirement Plan for Residents of Puerto Rico lands in the large band (2,767 participants).

EBSA filing schedule strip

Filing strip 660183103 · First Bank of Puerto Rico PY 2022 · 401(k)

First Bank 401(k) Retirement Plan for Residents of Puerto Rico · $118M · 2,767 · 94th

  • PART $118M
  • PART 2,767
  • PART 94th
  • PART 401(k)
  • PART near Cabot Oil and Gas Corporation Savings Investment Plan
  • PART ind #8301

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Puerto Rico →

First Bank 401(k) Retirement Plan for Residents of Puerto Rico in the asset neighbourhood

Cabot Oil and Gas Corporation Savings Investment PlanCabot Oil and Gas Corporatio…$118MFirst Bank 401(k) Retirement Plan for Residents of Puerto RicoFirst Bank 401(k) Retirement…$118MU.S. Oral Surgery Management, LLC Retirement PlanU.S. Oral Surgery Management…$118MAltium Packaging 401(k) Plan$118MH.W. Lochner, Inc. 401(k) Retirement PlanH.W. Lochner, Inc. 401(k) Re…$118M
End-of-year total assets ($M) among First Bank 401(k) Retirement Plan for Residents of Puerto Rico and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$134M
Net Assets (End of Year)$118M
Net Income-$16M
Employer EIN660183103
Plan Effective Date1965-05-15
Filing StatusFILING RECEIVED

Sponsor Plan History (First Bank of Puerto Rico)

Sponsor-wide plan assets over time

All First Bank of Puerto Rico plans reported in each filing year

Latest sponsor-wide plan assets
$234M 9.59720287232389% vs 2022
2024 filing year
$210M$220M$230M$240M$250M 202220232024 $214M $234M ▲ +9.6%
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 Scatter plot of 6 data points. -10000100020003000 0100200300400500 Total assets ($M) Participants First Bank 401(k) Retirement Plan for Residents of Puerto Rico, Total assets ($M): 118.043413 · Participants: 2767First Bank 401(k) Retirement Plan for Residents of Puerto RicoPfizer Savings Plan for Employees Resident in Puerto Rico, Total assets ($M): 395.719328 · Participants: 99Pfizer Savings Plan for Employees Resident in Puerto RicoMsd Puerto Rico Savings and Security Plan, Total assets ($M): 199.441427 · Participants: 680Msd Puerto Rico Savings and Security PlanInter American University of Pr Defined Contribution Retirement Plan, Total assets ($M): 173.134958 · Participants: 1776Inter American University of Pr Defined Contribution Retirement PlanPopular, Inc. USA 401(k) Savings & Investment Plan, Total assets ($M): 126.787407 · Participants: 806Popular, Inc. USA 401(k) Savings & Investment PlanIpr Pharmaceuticals, Inc. Profit Sharing, Retirement & Savings Plan, Total assets ($M): 109.633596 · Participants: 182Ipr Pharmaceuticals, Inc. Profit Sharing, Retirement & Savings Plan
First Bank 401(k) Retirement Plan for Residents of Puerto Rico vs. nearby 401(k) plans in Puerto Rico, assets vs. participants
Compare First Bank 401(k) Retirement Plan for Residents of Puerto Rico side-by-side with 3 peers →

First Bank 401(k) Retirement Plan for Residents of Puerto Rico's out-of-state 401(k) peers by assets and headcount

Outside Puerto Rico, the nearest 401(k) by assets is Cabot Oil and Gas Corporation Savings Investment Plan in TX ($118M); by covered participants it is Lazy Dog 401(k) Plan in CA (2,769 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($118M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,767 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Bank 401(k) Retirement Plan for Residents of Puerto Rico assets move in 2022? ▼
First Bank 401(k) Retirement Plan for Residents of Puerto Rico pulled back noticeably - down 11.9% during 2022, from $134M to $118M. Reported net income was -$16M.
How have First Bank of Puerto Rico plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Bank of Puerto Rico's sponsor-wide assets grew 9.6%, from $214M to $234M.
Where does First Bank 401(k) Retirement Plan for Residents of Puerto Rico rank by assets among Form 5500 filers? ▼
First Bank 401(k) Retirement Plan for Residents of Puerto Rico ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to First Bank 401(k) Retirement Plan for Residents of Puerto Rico? ▼
Among 401(k) plans in other states, the closest by assets is Cabot Oil and Gas Corporation Savings Investment Plan in TX ($118M, 264 participants).
Which 401(k) plans cover a similar participant headcount to First Bank 401(k) Retirement Plan for Residents of Puerto Rico? ▼
Among 401(k) plans in other states, the closest by covered participants is Lazy Dog 401(k) Plan in CA (2,769 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 660183103.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.