401(k) · DOL Form 5500 · 2023

Firstbank of Puerto Rico 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
343
Participants Below avg headcount
75th
Percentile by assets National rank
$66,579
Avg per participant Below avg balance/head
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Official DOL plan name: Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA · Sponsored by Firstbank of Puerto Rico · Puerto Rico · Finance & Insurance

$23M in assets, 343 participants

Firstbank of Puerto Rico's Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA reported $23M in total assets and 343 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,524 in Finance & Insurance (8,869 peers)

Coverage in Puerto Rico

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA covers 343 participants in Puerto Rico, 3.8x the typical Puerto Rico plan (state average ~89 per filing). Assets: $23M.

#5,524
in Finance & Insurance (8,869 peers)
+16.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA's outsized position by total assets

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA vs every filed plan by assets

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

$22,836,477 Top 25% higher than 75% 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

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA 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. Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA sits mid-pack in the medium band (343 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA end-of-year assets rose from $20M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA reported participants rose from 337 in the plan year 2022 filing to 343 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 660183103 · Firstbank of Puerto Rico PY 2023 · 401(k)

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA · $23M · 343 · 75th

  • EOY $23M
  • EOY 343
  • EOY 75th
  • EOY 401(k)
  • EOY near Norr LLC 401(k) Plan
  • EOY ind #5524

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 →

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA in the asset neighbourhood

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USAFirstbank 401(k) Retirement …$23MNorr LLC 401(k) Plan$23MThe Daniel and Henry Co. Salary Savings PlanThe Daniel and Henry Co. Sal…$23MSkydance Productions, LLC 401(k) Profit Sharing PlanSkydance Productions, LLC 40…$23MMidwest Hardwood Company 401(k) PlanMidwest Hardwood Company 401…$23M
End-of-year total assets ($M) among Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN660183103
Plan Effective Date1991-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Firstbank of Puerto Rico)

Sponsor-wide plan assets over time

All Firstbank of Puerto Rico plans reported in each filing year

Latest sponsor-wide plan assets
$234M 9.59720287232389% vs 2022
2024 filing year
$210M$220M$230M$240M$250M 202220232024 $214M $234M ▲ +9.6%
Year Plans Participants Total Assets
2022 4 3,294 $214M
2023 4 3,402 $242M
2024 3 3,351 $234M

Nearby 401(k) Plans in Puerto Rico

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

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA vs. nearby 401(k) plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 0100200300400500 Total assets ($M) Participants Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA, Total assets ($M): 22.836477 · Participants: 343Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USAPfizer 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
Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA vs. nearby 401(k) plans in Puerto Rico, assets vs. participants

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA's out-of-state 401(k) peers by assets and headcount

Outside Puerto Rico, the nearest 401(k) by assets is Norr LLC 401(k) Plan in MI ($23M); by covered participants it is Maos, Inc. 401(k) Salary Savings Plan in NY (343 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (343 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 Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA assets move in 2023?
Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA grew sharply - up 16.8% during 2023, from $20M to $23M. Reported net income was $3M.
How have Firstbank of Puerto Rico plan assets changed over time?
Across 3 plan years on file (2022-2024), Firstbank of Puerto Rico's sponsor-wide assets grew 9.6%, from $214M to $234M.
Where does Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA rank by assets among Form 5500 filers?
Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA?
Among 401(k) plans in other states, the closest by assets is Norr LLC 401(k) Plan in MI ($23M, 275 participants).
Which 401(k) plans cover a similar participant headcount to Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA?
Among 401(k) plans in other states, the closest by covered participants is Maos, Inc. 401(k) Salary Savings Plan in NY (343 participants, N/A in assets).