Profit Sharing · DOL Form 5500 · 2022
Dr. Hugo Montes Profit Sharing Plan
Data updated 2026-08-11
- $7M
- Total assets
- 1
- Participants
- 56th
- Percentile by assets
- $6.5M
- Avg per participant
Official DOL plan name: Hugo Montes Cardona Retirement Plan · Sponsored by Dr. Hugo Montes · Puerto Rico · Other Services
$7M in assets, 1 participants
Dr. Hugo Montes's Hugo Montes Cardona Retirement Plan reported $7M in total assets and 1 participant in its 2022 DOL Form 5500 filing, ranking in the 56th 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.
- 56th percentile by assets (of 139,126 plans)
- #6,156 in Other Services (8,398 peers)
Dr. Hugo Montes multi-year trail
Dr. Hugo Montes's plans moved +23.3% in assets from 2022 to 2024; this filing shows Hugo Montes Cardona Retirement Plan at $7M / 1 participant.
- $7M
- total plan assets (2022 EOY)
- 1
- covered participants
- 56th
- percentile by assets (of 139,126 plans)
- $6.5M
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Dr. Hugo Montes across 3 plan years on file
Across the 3 plan years Dr. Hugo Montes has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $8M, a gain of 23.3%, while reported participants moved from 1 to 1 (+0.0%). Peak year by sponsor assets: 2024 ($8M); trough: 2022 ($7M).
Dr. Hugo Montes multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1 | $7M |
| 2023 | 1 | 1 | $7M |
| 2024 | 1 | 1 | $8M |
Dr. Hugo Montes filing trail (2022)
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $7M |
| Net Income | -$1M |
| Employer EIN | 660289062 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Puerto Rico
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Hugo Montes Cardona Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants
- The Retirement and Savings Plan for Amgen Manufacturing, Limited $611M · 2,614
- Popular, Inc. Pr Savings and Investment Plan $561M · 7,773
- The Savings Plan for Lilly Affiliate Employees in Puerto Rico $336M · 1,038
- Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan $158M · 743
- The Oriental Bank Coda Profit Sharing Plan $110M · 2,082
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Hugo Montes Cardona Retirement Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Hugo Montes Cardona Retirement Plan
Multi-year trail
Ways to act on Hugo Montes Cardona Retirement Plan's numbers.
- By total assets, Hugo Montes Cardona Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Puerto Rico. Compare plans
- Dr. Hugo Montes's sponsor-wide assets have grown 23.3% since 2022 across 3 plan years on file. More Other Services plans