Profit Sharing · DOL Form 5500 · 2024

Dr. Hugo Montes Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
1
Participants Small participant base
51st
Percentile by assets National rank
$8.0M
Avg per participant High balance/head
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Official DOL plan name: Hugo Montes Cardona Retirement Plan · Sponsored by Dr. Hugo Montes · Puerto Rico · Other Services

$8M in assets, 1 participants

Dr. Hugo Montes's Hugo Montes Cardona Retirement Plan reported $8M in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #5,497 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Hugo Montes Cardona Retirement Plan ranks #5,497 of 7,719 2024 filers by assets (251% of the sector average)-$8M for 1 participant.

#5,497
in Other Services (7,719 peers)
+11.5%
assets growth YoY

Hugo Montes Cardona Retirement Plan's mid-pack asset rank among Other Services and all filers

Hugo Montes Cardona Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$8,011,898 Top 49% higher than 51% of 123,620 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 2024

Hugo Montes Cardona Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hugo Montes Cardona Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hugo Montes Cardona Retirement Plan reported net income rose from $688K in the plan year 2023 filing to $824K in the plan year 2024 filing.
  • Hugo Montes Cardona Retirement Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 660289062 · Dr. Hugo Montes PY 2024 · Profit Sharing

Hugo Montes Cardona Retirement Plan · $8M · 1 · 51st

  • VS-ST $8M
  • VS-ST 1
  • VS-ST 51st
  • VS-ST Profit Sharing
  • VS-ST near C & S Fransen Farms, Inc. Vip Basic Profit Sharing Plan
  • VS-ST ind #5497

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 Other Services retirement plans → · Plans in Puerto Rico →

Hugo Montes Cardona Retirement Plan in the asset neighbourhood

Hugo Montes Cardona Retirement PlanHugo Montes Cardona Retireme…$8MC & S Fransen Farms, Inc. Vip Basic Profit Sharing PlanC & S Fransen Farms, Inc. Vi…$8MMwg Enterprises Inc. Retirement PlanMwg Enterprises Inc. Retirem…$8MRetirement Plan for the Employees of Central California Legal Services, Inc.Retirement Plan for the Empl…$8MOrange Drink Ink Profit Sharing PlanOrange Drink Ink Profit Shar…$8M
End-of-year total assets ($M) among Hugo Montes Cardona Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$824K
Employer EIN660289062
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Dr. Hugo Montes)

Sponsor-wide plan assets over time

All Dr. Hugo Montes plans reported in each filing year

Latest sponsor-wide plan assets
$8M 23.258755606098646% vs 2022
2024 filing year
$6M$6.5M$7M$7.5M$8M$8.5M 202220232024 $6.5M $8.01M ▲ +23.2%
Year Plans Participants Total Assets
2022 1 1 $7M
2023 1 1 $7M
2024 1 1 $8M

Nearby Profit Sharing Plans in Puerto Rico

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hugo Montes Cardona Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20002004006008001000 Total assets ($M) Participants Hugo Montes Cardona Retirement Plan, Total assets ($M): 8.011898 · Participants: 1Hugo Montes Cardona Retirement PlanPopular, Inc. Pr Savings and Investment Plan, Total assets ($M): 818.605332 · Participants: 8332Popular, Inc. Pr Savings and Investment PlanThe Retirement and Savings Plan for Amgen Manufacturing Limited LLC, Total assets ($M): 779.532675 · Participants: 2608The Retirement and Savings Plan for Amgen Manufacturing Limited LLCAbbvie Puerto Rico Savings Plan, Total assets ($M): 560.135241 · Participants: 1349Abbvie Puerto Rico Savings PlanThe Savings Plan for Lilly Affiliate Employees in Puerto Rico, Total assets ($M): 519.253084 · Participants: 1140The Savings Plan for Lilly Affiliate Employees in Puerto RicoHewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan, Total assets ($M): 228.453278 · Participants: 758Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan
Hugo Montes Cardona Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants
Compare Hugo Montes Cardona Retirement Plan side-by-side with 3 peers →

Hugo Montes Cardona Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Puerto Rico, the nearest Profit Sharing by assets is C & S Fransen Farms, Inc. Vip Basic Profit Sharing Plan in MN ($8M); by covered participants it is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hugo Montes Cardona Retirement Plan assets move in 2024? ▼
Hugo Montes Cardona Retirement Plan grew at a solid clip - up 11.5% during 2024, from $7M to $8M. Reported net income was $824K.
How have Dr. Hugo Montes plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Dr. Hugo Montes's sponsor-wide assets grew 23.3%, from $7M to $8M.
Which Profit Sharing plans are similar in size to Hugo Montes Cardona Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is C & S Fransen Farms, Inc. Vip Basic Profit Sharing Plan in MN ($8M, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to Hugo Montes Cardona Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 660289062.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.