Other · DOL Form 5500 · 2022
Cutler-Hammer Electrical Co Retirement Plan
Data updated 2026-07-24
- $54M
- Total assets
- 1,415
- Participants
- 89th
- Percentile by assets
- $38,365
- Avg per participant
Official DOL plan name: The Eaton Puerto Rico Retirement Savings Plan · Sponsored by Cutler-Hammer Electrical Co · Puerto Rico · Manufacturing
$54M in assets, 1,415 participants
Cutler-Hammer Electrical Co's The Eaton Puerto Rico Retirement Savings Plan reported $54M in total assets and 1,415 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 139,258 plans)
What the 2022 filing shows
The Eaton Puerto Rico Retirement Savings Plan holds $54M for 1,415 participants - about $38,365 per participant, in the top quartile of all filed plans by assets, down 12.8% over the 2022 plan year.
- $54M
- total plan assets (2022 EOY)
- 1,415
- covered participants
- 89th
- percentile by assets (of 139,258 plans)
- $38,365
- avg assets per participant
The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Other · DOL Form 5500 · 2022
What the Filing Says About The Eaton Puerto Rico Retirement Savings Plan
The Eaton Puerto Rico Retirement Savings Plan is an Other retirement plan sponsored by Cutler-Hammer Electrical Co, headquartered in Puerto Rico. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 1,415 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 980474648, and the plan has been effective since 2010-12-31. Its filing status is currently FILING RECEIVED.
Year over year, total assets pulled back noticeably from $62M at the beginning of 2022 to $54M at year-end - down 12.8%. Net assets (after liabilities) closed the year at $54M, with reported net income of -$8M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.
By assets, The Eaton Puerto Rico Retirement Savings Plan outranks 89% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M and 730 average participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank The Eaton Puerto Rico Retirement Savings Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2022)
| Total Assets (Beginning of Year) | $62M |
|---|---|
| Total Assets (End of Year) | $54M |
| Net Assets (End of Year) | $54M |
| Net Income | -$8M |
| Plan Type | Other |
| Employer EIN | 980474648 |
| Plan Effective Date | 2010-12-31 |
| Filing Status | FILING RECEIVED |
Nearby Other Plans in Puerto Rico
Peer Other plans, same state, same plan type, ranked by total assets.
The Eaton Puerto Rico Retirement Savings Plan vs. nearby Other plans in Puerto Rico, assets vs. participants
- Evertec Group, LLC Savings & Investment Plan Savings and Investment Plan $85M · 1,287
- Bd Savings Plan for Puerto Rico Employees $59M · 692
- Union De Tronquistas De Puerto Rico Local 901 of Crowley Liner Services Puerto Rico Inc Defined Contribution Retirement Plan $21M · 209
- Retirement Plan of Henkel Puerto Rico, Inc. $16M · 196
- Johnson Controls De Puerto Rico, Inc. Savings and Investment Plan $15M · 71
Similar-Sized Other Plans Nationally
Other plans in other states closest to The Eaton Puerto Rico Retirement Savings Plan by total assets, not by location.
Frequently Asked Questions
How much money is in the The Eaton Puerto Rico Retirement Savings Plan? ▼
What type of plan is The Eaton Puerto Rico Retirement Savings Plan? ▼
Who sponsors the The Eaton Puerto Rico Retirement Savings Plan? ▼
How did The Eaton Puerto Rico Retirement Savings Plan perform in 2022? ▼
What this filing means
Ways to act on The Eaton Puerto Rico Retirement Savings Plan's numbers.
- By total assets, The Eaton Puerto Rico Retirement Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Puerto Rico. Compare plans
- An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 980474648.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-24.