Defined Benefit (Pension) · DOL Form 5500 · 2023
Firstbank Pr Pension Plan
Data updated 2026-08-25
- $47M
- Total assets Below avg plan size
- 184
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $254,393
- Avg per participant Above avg balance/head
Official DOL plan name: Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander · Sponsored by Firstbank Pr · Puerto Rico · Finance & Insurance
$47M in assets, 184 participants
Firstbank Pr's Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander reported $47M in total assets and 184 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- #6,818 in Finance & Insurance (8,869 peers)
Coverage in Puerto Rico
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander covers 184 participants in Puerto Rico, 2.1x the typical Puerto Rico plan (state average ~89 per filing). Assets: $47M.
- #6,818
- in Finance & Insurance (8,869 peers)
- +0.9%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander's outsized position by total assets
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$46,808,350 Top 15% higher than 85% 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 Puerto Rico Retirement Plan for the Former Employees of Banco Santander 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 Puerto Rico Retirement Plan for the Former Employees of Banco Santander sits mid-pack in the medium band (184 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander reported net income rose from -$19M in the plan year 2022 filing to $406K in the plan year 2023 filing.
- Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander reported participants fell from 190 in the plan year 2022 filing to 184 in the plan year 2023 filing.
- Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander end-of-year assets rose from $46M in the plan year 2022 filing to $47M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 660183103 · Firstbank Pr PY 2023 · Defined Benefit (Pension)
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander · $47M · 184 · 85th
- RANK $47M
- RANK 184
- RANK 85th
- RANK Defined Benefit (Pension)
- RANK near Retirement Plan for Employees of the Watson Institute
- RANK ind #6818
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 Puerto Rico Retirement Plan for the Former Employees of Banco Santander in the asset neighbourhood
Puerto Rico filing particulars
| Total Assets (Beginning of Year) | $46M |
|---|---|
| Net Assets (End of Year) | $47M |
| Net Income | $406K |
| Employer EIN | 660183103 |
| Plan Effective Date | 1978-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Firstbank Pr)
Sponsor-wide plan assets over time
All Firstbank Pr plans reported in each filing year
- 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 Defined Benefit (Pension) Plans in Puerto Rico
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees $800M · 1,638
- Banco Popular De Puerto Rico Retirement Plan $632M · 1,952
- Msd Puerto Rico Pension Plan $417M · 507
- The Retirement Plan for Lilly Affiliate Employees in Puerto Rico $335M · 1,144
- Components Pension Plan for Puerto Rico $177M · 93
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Puerto Rico, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of the Watson Institute in PA ($47M); by covered participants it is Kyo-Ya Management Company, Ltd and Participating Companies Pension Plan in HI (184 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($47M here).
Similar participant headcount
Nearest other-state filings by covered participants (184 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.