Profit Sharing · DOL Form 5500 · 2023

Hector E. Ibanez Pabon Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
4
Participants
63rd
Percentile by assets
$3.1M
Avg per participant
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Official DOL plan name: Hector E. Ibanez Pabon Profit Sharing Retirement Plan · Sponsored by Hector E. Ibanez Pabon · Puerto Rico · Other Services

$12M in assets, 4 participants

Hector E. Ibanez Pabon's Hector E. Ibanez Pabon Profit Sharing Retirement Plan reported $12M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #6,237 in Other Services (7,857 peers)

Hector E. Ibanez Pabon multi-year trail

Hector E. Ibanez Pabon's plans moved +57.8% in assets from 2022 to 2024; this filing shows Hector E. Ibanez Pabon Profit Sharing Retirement Plan at $12M / 4 participants.

$12M
total plan assets (2023 EOY)
4
covered participants
63rd
percentile by assets (of 127,072 plans)
$3.1M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hector E. Ibanez Pabon Profit Sharing Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Hector E. Ibanez Pabon Profit Sharing Retirement Plan reported participants rose from 3 in the plan year 2022 filing to 4 in the plan year 2023 filing.
  • Hector E. Ibanez Pabon Profit Sharing Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Hector E. Ibanez Pabon across 3 plan years on file

Across the 3 plan years Hector E. Ibanez Pabon has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $15M, a gain of 57.8%, while reported participants moved from 3 to 4 (+33.3%). Peak year by sponsor assets: 2024 ($15M); trough: 2022 ($10M).

Hector E. Ibanez Pabon multi-year asset trail

$8M$10M$12M$14M$16M$18M 202220232024 $9.81M $15.5M ▲ +57.7%
Total plan assets by year, all Hector E. Ibanez Pabon plans on file
Year Plans Participants Total Assets
2022 1 3 $10M
2023 1 4 $12M
2024 1 4 $15M

Hector E. Ibanez Pabon filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN660525141
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Puerto Rico

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

Hector E. Ibanez Pabon Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Hector E. Ibanez Pabon Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Hector E. Ibanez Pab…The Retirement and S…Popular, Inc. Pr Sav…The Savings Plan for…Hewlett Packard Ente…The Oriental Bank Co…
Hector E. Ibanez Pabon Profit Sharing Retirement 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 Hector E. Ibanez Pabon Profit Sharing Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Hector E. Ibanez Pabon Profit Sharing Retirement Plan assets move in 2023?
Hector E. Ibanez Pabon Profit Sharing Retirement Plan grew sharply - up 26.2% during 2023, from $10M to $12M. Reported net income was $3M.
How have Hector E. Ibanez Pabon plan assets changed over time?
Across 3 plan years on file (2022-2024), Hector E. Ibanez Pabon's sponsor-wide assets grew 57.8%, from $10M to $15M.
Which Profit Sharing plans are similar in size to Hector E. Ibanez Pabon Profit Sharing Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is New York City Criminal Justice Agency Pension Plan in NY ($12M, 256 participants).

Next read for Hector E. Ibanez Pabon Profit Sharing Re…

Multi-year trail

Ways to act on Hector E. Ibanez Pabon Profit Sharing Retirement Plan's numbers.

  • By total assets, Hector E. Ibanez Pabon Profit Sharing 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
  • Hector E. Ibanez Pabon's sponsor-wide assets have grown 57.8% since 2022 across 3 plan years on file. More Other Services plans