Profit Sharing · DOL Form 5500 · 2022

First Medical Health Plan, Inc Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
810
Participants
69th
Percentile by assets
$15,327
Avg per participant
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Official DOL plan name: First Medical Health Retirement Savings Plan · Sponsored by First Medical Health Plan, Inc · Puerto Rico · Finance & Insurance

$12M in assets, 810 participants

First Medical Health Plan, Inc's First Medical Health Retirement Savings Plan reported $12M in total assets and 810 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • 69th percentile by assets (of 139,126 plans)
  • #4,907 in Finance & Insurance (9,261 peers)

Coverage in Puerto Rico

First Medical Health Retirement Savings Plan covers 810 participants in Puerto Rico, 9.1x the typical Puerto Rico plan (state average ~89 per filing). Assets: $12M.

$12M
total plan assets (2022 EOY)
810
covered participants
69th
percentile by assets (of 139,126 plans)
$15,327
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.

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. First Medical Health Retirement Savings Plan reports 810 participants - 9.1x that state average ($12M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$1M
Employer EIN660537624
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Medical Health Plan, Inc)

$10M$15M$20M$25M 202220232024 $12.4M $19.7M ▲ +58.5%
Total plan assets by year, all First Medical Health Plan, Inc plans on file
Year Plans Participants Total Assets
2022 1 810 $12M
2023 1 758 $16M
2024 1 775 $20M

Nearby Profit Sharing Plans in Puerto Rico

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

First Medical Health Retirement Savings Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

First Medical Health Retirement Savings Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -2000200400600800 Total assets ($M) Participants First Medical Health…The Retirement and S…Popular, Inc. Pr Sav…The Savings Plan for…Hewlett Packard Ente…The Oriental Bank Co…
First Medical Health Retirement Savings Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to First Medical Health Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did First Medical Health Retirement Savings Plan assets move in 2022?
First Medical Health Retirement Savings Plan pulled back noticeably - down 9.4% during 2022, from $14M to $12M. Reported net income was -$1M.
How have First Medical Health Plan, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), First Medical Health Plan, Inc's sponsor-wide assets grew 58.4%, from $12M to $20M.
Which Profit Sharing plans are similar in size to First Medical Health Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Mission Plastics North Division of Peterson Manufacturing Company Profit Sharing Plan and Trust in MO ($12M, 137 participants).

Next read for First Medical Health Retirement Savings …

Filing takeaways

Ways to act on First Medical Health Retirement Savings Plan's numbers.