401(k) · DOL Form 5500 · 2023

Island Finance, LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
407
Participants Below avg headcount
59th
Percentile by assets National rank
$25,389
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Plan De Ahorro Empleados Island Finance · Sponsored by Island Finance, LLC · Puerto Rico · Finance & Insurance

$10M in assets, 407 participants

Island Finance, LLC's Plan De Ahorro Empleados Island Finance reported $10M in total assets and 407 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,910 in Finance & Insurance (8,869 peers)

Coverage in Puerto Rico

Plan De Ahorro Empleados Island Finance covers 407 participants in Puerto Rico, 4.6x the typical Puerto Rico plan (state average ~89 per filing). Assets: $10M.

#3,910
in Finance & Insurance (8,869 peers)
+13.1%
assets growth YoY

Plan De Ahorro Empleados Island Finance's mid-pack asset rank among Finance & Insurance and all filers

Plan De Ahorro Empleados Island Finance vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,333,345 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Plan De Ahorro Empleados Island Finance among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plan De Ahorro Empleados Island Finance sits mid-pack in the medium band (407 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plan De Ahorro Empleados Island Finance reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Plan De Ahorro Empleados Island Finance end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 660878299 · Island Finance, LLC PY 2023 · 401(k)

Plan De Ahorro Empleados Island Finance · $10M · 407 · 59th

  • PCT $10M
  • EIN 407
  • RANK 59th
  • PHOTO 401(k)
  • IND near Ophthalmic Partners, PA 401(k) Plan
  • EOY ind #3910

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Puerto Rico →

Plan De Ahorro Empleados Island Finance in the asset neighbourhood

Plan De Ahorro Empleados Island FinancePlan De Ahorro Empleados Isl…$10MOphthalmic Partners, PA 401(k) PlanOphthalmic Partners, PA 401(…$10MBrightkey 401(k) Retirement PlanBrightkey 401(k) Retirement …$10MJc Licht 401(k) Plan$10MTotal Military Management, Inc. Retirement Plan and TrustTotal Military Management, I…$10M
End-of-year total assets ($M) among Plan De Ahorro Empleados Island Finance and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN660878299
Plan Effective Date2006-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Island Finance, LLC)

Sponsor-wide plan assets over time

All Island Finance, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$12M 33.165780322838785% vs 2022
2024 filing year
$8M$9M$10M$11M$12M$13M 202220232024 $9.14M $12.2M ▲ +33.2%
Year Plans Participants Total Assets
2022 1 410 $9M
2023 1 407 $10M
2024 1 465 $12M

Nearby 401(k) Plans in Puerto Rico

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

Plan De Ahorro Empleados Island Finance vs. nearby 401(k) plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -1000100200300400500 Total assets ($M) Participants Plan De Ahorro Empleados Island Finance, Total assets ($M): 10.333345 · Participants: 407Plan De Ahorro Empleados Island FinancePfizer Savings Plan for Employees Resident in Puerto Rico, Total assets ($M): 385.326556 · Participants: 87Pfizer Savings Plan for Employees Resident in Puerto RicoMsd Puerto Rico Savings and Security Plan, Total assets ($M): 224.042082 · Participants: 679Msd Puerto Rico Savings and Security PlanInter American University of Pr Defined Contribution Retirement Plan, Total assets ($M): 187.642756 · Participants: 1601Inter American University of Pr Defined Contribution Retirement PlanPopular, Inc. USA 401(k) Savings & Investment Plan, Total assets ($M): 149.554638 · Participants: 867Popular, Inc. USA 401(k) Savings & Investment PlanFirstbank 401(k) Retirement Plan for Residents of Puerto Rico, Total assets ($M): 142.903396 · Participants: 2875Firstbank 401(k) Retirement Plan for Residents of Puerto Rico
Plan De Ahorro Empleados Island Finance vs. nearby 401(k) plans in Puerto Rico, assets vs. participants
Compare Plan De Ahorro Empleados Island Finance side-by-side with 3 peers →

Plan De Ahorro Empleados Island Finance's out-of-state 401(k) peers by assets and headcount

Outside Puerto Rico, the nearest 401(k) by assets is Ophthalmic Partners, PA 401(k) Plan in TX ($10M); by covered participants it is Ross Aviation Retirement Savings Plan in CO (407 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (407 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Plan De Ahorro Empleados Island Finance assets move in 2023? ▼
Plan De Ahorro Empleados Island Finance grew at a solid clip - up 13.1% during 2023, from $9M to $10M. Reported net income was $1M.
How have Island Finance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Island Finance, LLC's sponsor-wide assets grew 33.2%, from $9M to $12M.
Which 401(k) plans are similar in size to Plan De Ahorro Empleados Island Finance? ▼
Among 401(k) plans in other states, the closest by assets is Ophthalmic Partners, PA 401(k) Plan in TX ($10M, 88 participants).
Which 401(k) plans cover a similar participant headcount to Plan De Ahorro Empleados Island Finance? ▼
Among 401(k) plans in other states, the closest by covered participants is Ross Aviation Retirement Savings Plan in CO (407 participants, N/A in assets).

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 660878299.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.