Defined Benefit (Pension) · DOL Form 5500 · 2023

Banco Popular De Puerto Rico Pension Plan

Data updated 2026-08-25

$632M
Total assets Above avg plan size
1,952
Participants Near avg headcount
98th
Percentile by assets National rank
$324,004
Avg per participant High balance/head
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Official DOL plan name: Banco Popular De Puerto Rico Retirement Plan · Sponsored by Banco Popular De Puerto Rico · Puerto Rico · Finance & Insurance

$632M in assets, 1,952 participants

Banco Popular De Puerto Rico's Banco Popular De Puerto Rico Retirement Plan reported $632M in total assets and 1,952 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,538 in Finance & Insurance (8,869 peers)

Coverage in Puerto Rico

Banco Popular De Puerto Rico Retirement Plan covers 1,952 participants in Puerto Rico, 22x the typical Puerto Rico plan (state average ~89 per filing). Assets: $632M.

#8,538
in Finance & Insurance (8,869 peers)
+6.8%
assets growth YoY
6.3×
vs typical plan assets (national mean)

Banco Popular De Puerto Rico Retirement Plan's outsized position by total assets

Banco Popular De Puerto Rico Retirement Plan vs every filed plan by assets

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

$632,455,069 Top 2% higher than 98% 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

Banco Popular De Puerto Rico Retirement Plan'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. Banco Popular De Puerto Rico Retirement Plan lands in the large band (1,952 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banco Popular De Puerto Rico Retirement Plan reported net income rose from -$230M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Banco Popular De Puerto Rico Retirement Plan end-of-year assets rose from $592M in the plan year 2022 filing to $632M in the plan year 2023 filing.
  • Banco Popular De Puerto Rico Retirement Plan reported participants fell from 2,057 in the plan year 2022 filing to 1,952 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 660561870 · Banco Popular De Puerto Rico PY 2023 · Defined Benefit (Pension)

Banco Popular De Puerto Rico Retirement Plan · $632M · 1,952 · 98th

  • BOY $632M
  • BOY 1,952
  • BOY 98th
  • BOY Defined Benefit (Pension)
  • BOY near Mccormick Pension Plan
  • BOY ind #8538

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 →

Banco Popular De Puerto Rico Retirement Plan in the asset neighbourhood

The Nemours Foundation Pension PlanThe Nemours Foundation Pensi…$633MMccormick Pension Plan$633MBanco Popular De Puerto Rico Retirement PlanBanco Popular De Puerto Rico…$632MUbs Financial Services Inc. Pension PlanUbs Financial Services Inc. …$631MI. a. T. S. E. National Pension FundI. a. T. S. E. National Pens…$630M
End-of-year total assets ($M) among Banco Popular De Puerto Rico Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Puerto Rico filing particulars

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

Sponsor Plan History (Banco Popular De Puerto Rico)

Sponsor-wide plan assets over time

All Banco Popular De Puerto Rico plans reported in each filing year

Latest sponsor-wide plan assets
$636M 2.5112858300948466% vs 2022
2024 filing year
$600M$620M$640M$660M$680M 202220232024 $620M $636M ▲ +2.5%
Year Plans Participants Total Assets
2022 2 2,066 $620M
2023 2 1,961 $662M
2024 2 1,852 $636M

Nearby Defined Benefit (Pension) Plans in Puerto Rico

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

Banco Popular De Puerto Rico Retirement Plan vs. nearby Defined Benefit (Pension) plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 02004006008001000 Total assets ($M) Participants Banco Popular De Puerto Rico Retirement Plan, Total assets ($M): 632.455069 · Participants: 1952Banco Popular De Puerto Rico Retirement PlanPuerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees, Total assets ($M): 800.425311 · Participants: 1638Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly EmployeesMsd Puerto Rico Pension Plan, Total assets ($M): 416.908543 · Participants: 507Msd Puerto Rico Pension PlanThe Retirement Plan for Lilly Affiliate Employees in Puerto Rico, Total assets ($M): 335.326883 · Participants: 1144The Retirement Plan for Lilly Affiliate Employees in Puerto RicoComponents Pension Plan for Puerto Rico, Total assets ($M): 177.084845 · Participants: 93Components Pension Plan for Puerto RicoBristol-Myers Squibb Puerto Rico Inc, Retirement Income Plan, Total assets ($M): 156.44909 · Participants: 348Bristol-Myers Squibb Puerto Rico Inc, Retirement Income Plan
Banco Popular De Puerto Rico Retirement Plan vs. nearby Defined Benefit (Pension) plans in Puerto Rico, assets vs. participants

Banco Popular De Puerto Rico Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Puerto Rico, the nearest Defined Benefit (Pension) by assets is Mccormick Pension Plan in MD ($633M); by covered participants it is Soft Drink and Brewery Workers Union Local 812 Retirement Fund in NY (1,948 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($632M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,952 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 Banco Popular De Puerto Rico Retirement Plan assets move in 2023?
Banco Popular De Puerto Rico Retirement Plan grew at a solid clip - up 6.8% during 2023, from $592M to $632M. Reported net income was $31M.
How have Banco Popular De Puerto Rico plan assets changed over time?
Across 3 plan years on file (2022-2024), Banco Popular De Puerto Rico's sponsor-wide assets grew 2.5%, from $620M to $636M.
Where does Banco Popular De Puerto Rico Retirement Plan rank by assets among Form 5500 filers?
Banco Popular De Puerto Rico Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Banco Popular De Puerto Rico Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mccormick Pension Plan in MD ($633M, 1,000 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Banco Popular De Puerto Rico Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Soft Drink and Brewery Workers Union Local 812 Retirement Fund in NY (1,948 participants, $934M in assets).