Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

BANCO POPULAR DE PUERTO RICO

This Defined Benefit (Pension) plan holds $632M in total assets and serves 1,952 participants as of 2023. It is sponsored by BANCO POPULAR DE PUERTO RICO in Puerto Rico. The plan reported positive net income of $31M for the year.

Total Assets (2023)
$632M
Participants
1,952
State
Industry
Finance & Insurance

What the Filing Says About BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN

BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN is a Defined Benefit (Pension) retirement plan sponsored by BANCO POPULAR DE PUERTO RICO, headquartered in Puerto Rico. As of the 2023 Form 5500 filing, the plan reports $632M in total end-of-year assets and covers 1,952 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 660561870, and the plan has been effective since 1946-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $592M at the beginning of 2023 to $632M at year-end — a gain of 6.8%. Net assets (after liabilities) closed the year at $622M, with reported net income of $31M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$592M
Total Assets (End of Year)$632M
Net Assets (End of Year)$622M
Net Income$31M
Plan TypeDefined Benefit (Pension)
Employer EIN660561870
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANCO POPULAR DE PUERTO RICO)

Year Plans Participants Total Assets
2022 2 2,066 $592M
2023 2 1,961 $632M
2024 2 1,852 $607M

Nearby Defined Benefit (Pension) Plans in Puerto Rico

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN?
As of the 2023 Form 5500 filing, BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN holds $632M in total assets with 1,952 participants. It is sponsored by BANCO POPULAR DE PUERTO RICO.
What type of plan is BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN?
BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN is a Defined Benefit (Pension) plan. It has been effective since 1946-01-01. The plan is filed with the U.S. Department of Labor under EIN 660561870.
Who sponsors the BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN?
BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN is sponsored by BANCO POPULAR DE PUERTO RICO, located in Puerto Rico. The sponsor's EIN is 660561870 and the plan operates in the Finance & Insurance industry.
How did BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN perform in 2023?
BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN grew by 6.8% during 2023, moving from $592M to $632M in total assets. Net income was $31M.
Where can I find official filings for BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN?
Official Form 5500 filings for BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 660561870 or plan name at efast.dol.gov.
How does BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN compare to other plans?
You can compare BANCO POPULAR DE PUERTO RICO RETIREMENT PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Puerto Rico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 660561870.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.