401(k) · DOL Form 5500 · 2024

Island Finance, LLC 401(k) Plan

Data updated 2026-08-11

$12M
Total assets
465
Participants
60th
Percentile by assets
$26,174
Avg per participant
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Official DOL plan name: Plan De Ahorro Empleados Island Finance · Sponsored by Island Finance, LLC · Puerto Rico · Finance & Insurance

$12M in assets, 465 participants

Island Finance, LLC's Plan De Ahorro Empleados Island Finance reported $12M in total assets and 465 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 123,622 plans)
  • #3,756 in Finance & Insurance (8,549 peers)

Coverage in Puerto Rico

Plan De Ahorro Empleados Island Finance covers 465 participants in Puerto Rico, 5.2x the typical Puerto Rico plan (state average ~89 per filing). Assets: $12M.

$12M
total plan assets (2024 EOY)
465
covered participants
60th
percentile by assets (of 123,622 plans)
$26,174
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plan De Ahorro Empleados Island Finance reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Plan De Ahorro Empleados Island Finance end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Plan De Ahorro Empleados Island Finance reported participants rose from 407 in the plan year 2023 filing to 465 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. Plan De Ahorro Empleados Island Finance reports 465 participants - 5.2x that state average ($12M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN660878299
Plan Effective Date2006-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Island Finance, LLC)

$8M$9M$10M$11M$12M$13M 202220232024 $9.14M $12.2M ▲ +33.2%
Total plan assets by year, all Island Finance, LLC plans on file
Year Plans Participants Total Assets
2022 1 410 $9M
2023 1 407 $10M
2024 1 465 $12M

Nearby 401(k) Plans in Puerto Rico

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Plan De Ahorro Empleados Island Finance vs. nearby 401(k) plans in Puerto Rico, assets vs. participants

Plan De Ahorro Empleados Island Finance vs. nearby 401(k) plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -1000100200300400500 Total assets ($M) Participants Plan De Ahorro Emple…Pfizer Savings Plan …Msd Puerto Rico Savi…Inter American Unive…Popular, Inc. USA 40…Firstbank 401(k) Ret…
Plan De Ahorro Empleados Island Finance vs. nearby 401(k) plans in Puerto Rico, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Plan De Ahorro Empleados Island Finance by total assets, not by location.

Frequently Asked Questions

How did Plan De Ahorro Empleados Island Finance assets move in 2024?
Plan De Ahorro Empleados Island Finance grew sharply - up 17.8% during 2024, from $10M to $12M. Reported net income was $2M.
How have Island Finance, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Island Finance, LLC's sponsor-wide assets grew 33.2%, from $9M to $12M.
Which 401(k) plans are similar in size to Plan De Ahorro Empleados Island Finance?
Among 401(k) plans in other states, the closest by assets is Tigerpoly Manufacturing, Inc Associates Retirement Plan in OH ($12M, 349 participants).

Next read for Plan De Ahorro Empleados Island Finance

Filing takeaways

Ways to act on Plan De Ahorro Empleados Island Finance's numbers.