Profit Sharing · DOL Form 5500 · 2024
Dr. Hugo Montes Profit Sharing Plan
Data updated 2026-08-11
- $8M
- Total assets
- 1
- Participants
- 51st
- Percentile by assets
- $8.0M
- Avg per participant
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.
- 51st percentile by assets (of 123,622 plans)
- #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.
- $8M
- total plan assets (2024 EOY)
- 1
- covered participants
- 51st
- percentile by assets (of 123,622 plans)
- $8.0M
- avg assets per participant
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.
Rank #5,497 in Other Services
Among 7,719 Other Services plans that filed a Form 5500 for plan year 2024, Hugo Montes Cardona Retirement Plan ranks #5,497 by end-of-year assets - about 251% of the sector average of $20M. Nationally it sits in the 51st percentile, a stronger position within its industry than across all filers.
Other Services filing particulars
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | $824K |
| Employer EIN | 660289062 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Dr. Hugo Montes)
| 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
- Popular, Inc. Pr Savings and Investment Plan $819M · 8,332
- The Retirement and Savings Plan for Amgen Manufacturing Limited LLC $780M · 2,608
- Abbvie Puerto Rico Savings Plan $560M · 1,349
- The Savings Plan for Lilly Affiliate Employees in Puerto Rico $519M · 1,140
- Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan $228M · 758
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Hugo Montes Cardona Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Hugo Montes Cardona Retirement Plan assets move in 2024? ▼
How have Dr. Hugo Montes plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Hugo Montes Cardona Retirement Plan? ▼
Next read for Hugo Montes Cardona Retirement Plan
Filing takeaways
Ways to act on Hugo Montes Cardona Retirement Plan's numbers.
- By total assets, Hugo Montes Cardona Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Puerto Rico. Compare plans
- Dr. Hugo Montes's sponsor-wide assets have grown 23.3% since 2022 across 3 plan years on file. More Other Services plans