401(k) · DOL Form 5500 · 2023

Firstbank of Puerto Rico 401(k) Plan

Data updated 2026-08-11

$143M
Total assets: 2,875
Participants: 93rd
Percentile by assets: $49,706
Avg per participant

Official DOL plan name: Firstbank 401(k) Retirement Plan for Residents of Puerto Rico · Sponsored by Firstbank of Puerto Rico · Puerto Rico · Finance & Insurance

$143M in assets, 2,875 participants

Firstbank of Puerto Rico's Firstbank 401(k) Retirement Plan for Residents of Puerto Rico reported $143M in total assets and 2,875 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#7,937 in Finance & Insurance (8,869 peers)

Coverage in Puerto Rico

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico covers 2,875 participants in Puerto Rico, 32x the typical Puerto Rico plan (state average ~89 per filing). Assets: $143M.

$143M
total plan assets (2023 EOY): 2,875
covered participants: 93rd
percentile by assets (of 127,072 plans): $49,706
avg assets per participant

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico reported net income rose from -$16M in the plan year 2022 filing to $25M in the plan year 2023 filing.
Firstbank 401(k) Retirement Plan for Residents of Puerto Rico end-of-year assets rose from $118M in the plan year 2022 filing to $143M in the plan year 2023 filing.
Firstbank 401(k) Retirement Plan for Residents of Puerto Rico reported participants rose from 2,767 in the plan year 2022 filing to 2,875 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. Firstbank 401(k) Retirement Plan for Residents of Puerto Rico reports 2,875 participants - 32x that state average ($143M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)	$118M
Net Assets (End of Year)	$143M
Net Income	$25M
Employer EIN	660183103
Plan Effective Date	1965-05-15
Filing Status	FILING RECEIVED

Sponsor Plan History (Firstbank of Puerto Rico)

Total plan assets by year, all Firstbank of Puerto Rico plans on file

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 Puerto Rico 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
Popular, Inc. USA 401(k) Savings & Investment Plan $150M · 867
Ipr Pharmaceuticals, Inc Profit Sharing, Retirement & Savings Plan $129M · 180

Compare Firstbank 401(k) Retirement Plan for Res… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Firstbank 401(k) Retirement Plan for Residents of Puerto Rico by total assets, not by location.

The Motley Fool Holdings, Inc. 401(k) Plan (VA) $143M · 558
Midland Credit Management, Inc. 401(k) Retirement Savings Plan (CA) $143M · 1,175
Touchpoint, Inc. Employees' 401(k) Plan (PA) $143M · 980
401(k) Savings Plan for Employees of Seattle Times Company and Subsidiaries (WA) $143M · 600

Frequently Asked Questions

How did Firstbank 401(k) Retirement Plan for Residents of Puerto Rico assets move in 2023? ▼

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico grew sharply - up 21.1% during 2023, from $118M to $143M. Reported net income was $25M.

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 Puerto Rico rank by assets among Form 5500 filers? ▼

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico ranks in the 93rd 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 Firstbank 401(k) Retirement Plan for Residents of Puerto Rico? ▼

Among 401(k) plans in other states, the closest by assets is The Motley Fool Holdings, Inc. 401(k) Plan in VA ($143M, 558 participants).

Next read for Firstbank 401(k) Retirement Plan for Res…

Filing takeaways

Ways to act on Firstbank 401(k) Retirement Plan for Residents of Puerto Rico's numbers.

By total assets, Firstbank 401(k) Retirement Plan for Residents of Puerto Rico 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
Firstbank of Puerto Rico's sponsor-wide assets have grown 9.6% 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 660183103.