Defined Benefit (Pension) · DOL Form 5500 · 2024

Banco Popular De Puerto Rico Pension Plan

Data updated 2026-08-25

$607M
Total assets Above avg plan size
1,845
Participants Near avg headcount
98th
Percentile by assets National rank
$329,264
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

$607M in assets, 1,845 participants

Banco Popular De Puerto Rico's Banco Popular De Puerto Rico Retirement Plan reported $607M in total assets and 1,845 participants in its 2024 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.

  • #8,185 in Finance & Insurance (8,549 peers)

Coverage in Puerto Rico

Banco Popular De Puerto Rico Retirement Plan covers 1,845 participants in Puerto Rico, 21x the typical Puerto Rico plan (state average ~89 per filing). Assets: $607M.

#8,185
in Finance & Insurance (8,549 peers)
-3.9%
assets change YoY
6.1×
vs typical plan assets (national mean)

The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$607,491,669 Top 2% higher than 98% 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

Banco Popular De Puerto Rico Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (1,845 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Banco Popular De Puerto Rico Retirement Plan reported net income fell from $31M in the plan year 2023 filing to -$34M in the plan year 2024 filing.
  • Banco Popular De Puerto Rico Retirement Plan reported participants fell from 1,952 in the plan year 2023 filing to 1,845 in the plan year 2024 filing.
  • Banco Popular De Puerto Rico Retirement Plan end-of-year assets fell from $632M in the plan year 2023 filing to $607M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 660561870 · Banco Popular De Puerto Rico PY 2024 · Defined Benefit (Pension)

Banco Popular De Puerto Rico Retirement Plan · $607M · 1,845 · 98th

  • BOY $607M
  • SCH 1,845
  • EBSA 98th
  • PART Defined Benefit (Pension)
  • TYPE near Smart Local 265 Pension Fund
  • NET ind #8185

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

Banco Popular De Puerto Rico Retirement PlanBanco Popular De Puerto Rico…$607MSmart Local 265 Pension Fund$607MLocal 338 Retirement Fund$607MRetirement Plan for Children's Hospital & Research Center at OaklandRetirement Plan for Children…$607MTeamsters Local Union No. 727 Pension PlanTeamsters Local Union No. 72…$607M
End-of-year total assets ($M) among Banco Popular De Puerto Rico Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$632M
Net Assets (End of Year)$589M
Net Income-$34M
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. -5000500100015002000 02004006008001000 Total assets ($M) Participants Banco Popular De Puerto Rico Retirement Plan, Total assets ($M): 607.491669 · Participants: 1845Banco Popular De Puerto Rico Retirement PlanPuerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees, Total assets ($M): 797.449957 · Participants: 1468Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly EmployeesAbbvie Puerto Rico Pension Plan, Total assets ($M): 471.531499 · Participants: 1070Abbvie Puerto Rico Pension PlanMsd Puerto Rico Pension Plan, Total assets ($M): 413.783139 · Participants: 490Msd Puerto Rico Pension PlanThe Retirement Plan for Lilly Affiliate Employees in Puerto Rico, Total assets ($M): 334.73853 · Participants: 1175The Retirement Plan for Lilly Affiliate Employees in Puerto RicoComponents Pension Plan for Puerto Rico, Total assets ($M): 162.986455 · Participants: 85Components Pension Plan for Puerto Rico
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 Smart Local 265 Pension Fund in IL ($607M); by covered participants it is Iron Workers' Local No. 25 Pension Fund in MI (1,839 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($607M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,845 participants); 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 Banco Popular De Puerto Rico Retirement Plan assets move in 2024?
Banco Popular De Puerto Rico Retirement Plan edged down modestly - down 3.9% during 2024, from $632M to $607M. Reported net income was -$34M.
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 123,622 plans that reported assets for plan year 2024 (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 Smart Local 265 Pension Fund in IL ($607M, 1,224 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 Iron Workers' Local No. 25 Pension Fund in MI (1,839 participants, $565M in assets).