Defined Benefit (Pension) · DOL Form 5500 · 2024

Banco Popular De Puerto Rico Pension Plan

Data updated 2026-07-24

$607M
Total assets: 1,845
Participants: 98th
Percentile by assets: $329,264
Avg per participant

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.

98th percentile by assets (of 116,472 plans)

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.

$607M
total plan assets (2024 EOY): 1,845
covered participants: 98th
percentile by assets (of 116,472 plans): $329,264
avg assets per participant

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 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 →

State

Puerto Rico

Industry

Finance & Insurance

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,881 plans. Banco Popular De Puerto Rico Retirement Plan reports 1,845 participants - 21x that state average ($607M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)	$632M
Net Assets (End of Year)	$589M
Net Income	-$34M
Employer EIN	660561870
Plan Effective Date	1946-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Banco Popular De Puerto Rico)

Total plan assets by year, all Banco Popular De Puerto Rico plans on file

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

Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees $797M · 1,468
Abbvie Puerto Rico Pension Plan $472M · 1,070
Msd Puerto Rico Pension Plan $414M · 490
The Retirement Plan for Lilly Affiliate Employees in Puerto Rico $335M · 1,175
Components Pension Plan for Puerto Rico $163M · 85

Compare Banco Popular De Puerto Rico Retirement … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Banco Popular De Puerto Rico Retirement Plan by total assets, not by location.

Local 338 Retirement Fund (NY) $607M · 1,782
Retirement Plan for Children's Hospital & Research Center at Oakland (CA) $607M · 1,652
Teamsters Local Union No. 727 Pension Plan (IL) $607M · 2,295
The Legacy Plan of the Unite Here Retirement Fund (NY) $609M · 18,598

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 116,472 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 Local 338 Retirement Fund in NY ($607M, 1,782 participants).

Next read for Banco Popular De Puerto Rico Retirement …

Filing takeaways

Ways to act on Banco Popular De Puerto Rico Retirement Plan's numbers.

By total assets, Banco Popular De Puerto Rico Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Puerto Rico. Compare plans
Banco Popular De Puerto Rico's sponsor-wide assets have grown 2.5% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 660561870.

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.