Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PUERTO RICO TELEPHONE COMPANY, INC.

This Profit Sharing plan holds $356K in total assets and serves 2,548 participants as of 2022. It is sponsored by PUERTO RICO TELEPHONE COMPANY, INC. in Puerto Rico. The plan reported positive net income of $353K for the year.

Total Assets (2023)
$356K
Participants
2,548
State
Industry
Information & Media

What the Filing Says About CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN

CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN is a Profit Sharing retirement plan sponsored by PUERTO RICO TELEPHONE COMPANY, INC., headquartered in Puerto Rico. As of the 2022 Form 5500 filing, the plan reports $356K in total end-of-year assets and covers 2,548 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 660564397, and the plan has been effective since 2022-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2022 to $356K at year-end. Net assets (after liabilities) closed the year at $353K, with reported net income of $353K 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)N/A
Total Assets (End of Year)$356K
Net Assets (End of Year)$353K
Net Income$353K
Plan TypeProfit Sharing
Employer EIN660564397
Plan Effective Date2022-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PUERTO RICO TELEPHONE COMPANY, INC.)

Year Plans Participants Total Assets
2022 4 5,685 $925M
2023 4 5,450 $895M
2024 4 5,357 $886M

Nearby Profit Sharing Plans in Puerto Rico

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN?
As of the 2022 Form 5500 filing, CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN holds $356K in total assets with 2,548 participants. It is sponsored by PUERTO RICO TELEPHONE COMPANY, INC..
What type of plan is CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN?
CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN is a Profit Sharing plan. It has been effective since 2022-02-01. The plan is filed with the U.S. Department of Labor under EIN 660564397.
Who sponsors the CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN?
CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN is sponsored by PUERTO RICO TELEPHONE COMPANY, INC., located in Puerto Rico. The sponsor's EIN is 660564397 and the plan operates in the Information & Media industry.
How did CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN perform in 2022?
CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN held $356K in total assets at the end of 2022. Net income was $353K.
Where can I find official filings for CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN?
Official Form 5500 filings for CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 660564397 or plan name at efast.dol.gov.
How does CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN compare to other plans?
You can compare CLARO PUERTO RICO EMPLOYEES SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Puerto Rico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 660564397.

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.

Data sourced from official public datasets. See our methodology for details.