401(k) · DOL Form 5500 · 2023

Firstbank of Puerto Rico 401(k) Plan

Data updated 2026-08-25

$143M
Total assets Near avg plan size: 2,875
Participants Above avg headcount: 93rd
Percentile by assets National rank: $49,706
Avg per participant Low balance/head

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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.

#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.

#7,937
in Finance & Insurance (8,869 peers): +21.1%
assets growth YoY: 1.4×
vs typical plan assets (national mean)

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico's outsized position by total assets

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico vs every filed plan by assets

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

$142,903,396 Top 7% higher than 93% of 127,068 filed plans

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 Puerto Rico's large-plan peer group by participant 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 Puerto Rico lands in the large band (2,875 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

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 →

EBSA filing schedule strip

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

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico · $143M · 2,875 · 93rd

NET $143M
BOOK 2,875
VS-ST 93rd
BOY 401(k)
SCH near The Motley Fool Holdings, Inc. 401(k) Plan
EBSA ind #7937

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 →

End-of-year total assets ($M) among Firstbank 401(k) Retirement Plan for Residents of Puerto Rico and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Latest sponsor-wide plan assets: $234M 9.59720287232389% vs 2022; 2024 filing year

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 Residents of Puerto Rico side-by-side with 3 peers →

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico's out-of-state 401(k) peers by assets and headcount

Outside Puerto Rico, the nearest 401(k) by assets is The Motley Fool Holdings, Inc. 401(k) Plan in VA ($143M); by covered participants it is Scp Health 401(k) Plan in LA (2,876 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($143M here).

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

Similar participant headcount

Nearest other-state filings by covered participants (2,875 participants); asset peers above are excluded.

Scp Health 401(k) Plan (LA) 2,876 · 1 off
Kirkland's, Inc. Retirement Plan (TN) 2,877 · 2 off
Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan (AZ) 2,877 · 2 off
Rpm Living, LLC 401(k) Plan (TX) 2,877 · 2 off

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 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).

Which 401(k) plans cover a similar participant headcount to Firstbank 401(k) Retirement Plan for Residents of Puerto Rico? ▼

Among 401(k) plans in other states, the closest by covered participants is Scp Health 401(k) Plan in LA (2,876 participants, $253M 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 660183103.