401(k) · DOL Form 5500 · 2023

Popular, Inc. 401(k) Plan

Data updated 2026-08-11

$150M
Total assets: 867
Participants: 94th
Percentile by assets: $172,497
Avg per participant

Official DOL plan name: Popular, Inc. USA 401(k) Savings & Investment Plan · Sponsored by Popular, Inc. · Puerto Rico · Finance & Insurance

$150M in assets, 867 participants

Popular, Inc.'s Popular, Inc. USA 401(k) Savings & Investment Plan reported $150M in total assets and 867 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#7,975 in Finance & Insurance (8,869 peers)

Coverage in Puerto Rico

Popular, Inc. USA 401(k) Savings & Investment Plan covers 867 participants in Puerto Rico, 9.7x the typical Puerto Rico plan (state average ~89 per filing). Assets: $150M.

$150M
total plan assets (2023 EOY): 867
covered participants: 94th
percentile by assets (of 127,072 plans): $172,497
avg assets per participant

Popular, Inc. USA 401(k) Savings & Investment Plan reported net income rose from -$16M in the plan year 2022 filing to $23M in the plan year 2023 filing.
Popular, Inc. USA 401(k) Savings & Investment Plan end-of-year assets rose from $127M in the plan year 2022 filing to $150M in the plan year 2023 filing.
Popular, Inc. USA 401(k) Savings & Investment Plan reported participants rose from 806 in the plan year 2022 filing to 867 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Puerto Rico

Industry

Finance & Insurance

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. Popular, Inc. USA 401(k) Savings & Investment Plan reports 867 participants - 9.7x that state average ($150M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)	$127M
Net Assets (End of Year)	$149M
Net Income	$23M
Employer EIN	660667416
Plan Effective Date	1991-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Popular, Inc.)

Total plan assets by year, all Popular, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	8,579	$687M
2023	2	9,001	$850M
2024	2	9,274	$989M

Nearby 401(k) Plans in Puerto Rico

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Popular, Inc. USA 401(k) Savings & Investment Plan vs. nearby 401(k) plans in Puerto Rico, assets vs. participants

Pfizer Savings Plan for Employees Resident in Puerto Rico $385M · 87
Msd Puerto Rico Savings and Security Plan $224M · 679
Inter American University of Pr Defined Contribution Retirement Plan $188M · 1,601
Firstbank 401(k) Retirement Plan for Residents of Puerto Rico $143M · 2,875
Ipr Pharmaceuticals, Inc Profit Sharing, Retirement & Savings Plan $129M · 180

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Popular, Inc. USA 401(k) Savings & Investment Plan by total assets, not by location.

Mayville Engineering Company, Inc. 401(k) Plan (WI) $150M · 2,531
Moss & Associates, LLC 401(k) Profit Sharing Plan (FL) $150M · 1,286
Clarion Partners, LLC 401(k) Profit Sharing Plan (NY) $149M · 334
Bunn-O-Matic Corporation 401(k) Savings Plan and Trust (IL) $149M · 1,717

Frequently Asked Questions

How did Popular, Inc. USA 401(k) Savings & Investment Plan assets move in 2023? ▼

Popular, Inc. USA 401(k) Savings & Investment Plan grew sharply - up 18.0% during 2023, from $127M to $150M. Reported net income was $23M.

How have Popular, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Popular, Inc.'s sponsor-wide assets grew 43.9%, from $687M to $989M.

Where does Popular, Inc. USA 401(k) Savings & Investment Plan rank by assets among Form 5500 filers? ▼

Popular, Inc. USA 401(k) Savings & Investment Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Popular, Inc. USA 401(k) Savings & Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is Mayville Engineering Company, Inc. 401(k) Plan in WI ($150M, 2,531 participants).

Next read for Popular, Inc. USA 401(k) Savings & Inves…

Filing takeaways

Ways to act on Popular, Inc. USA 401(k) Savings & Investment Plan's numbers.

By total assets, Popular, Inc. USA 401(k) Savings & Investment Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Puerto Rico. Compare plans
Popular, Inc.'s sponsor-wide assets have grown 43.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 660667416.