Defined Benefit (Pension) · DOL Form 5500 · 2024
Firstbank Pr Pension Plan
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 178
- Participants Small participant base
- 83rd
- Percentile by assets National rank
- $245,261
- Avg per participant Above avg balance/head
Official DOL plan name: Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander · Sponsored by Firstbank Pr · Puerto Rico · Finance & Insurance
$44M in assets, 178 participants
Firstbank Pr's Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander reported $44M in total assets and 178 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- #6,236 in Finance & Insurance (8,549 peers)
Where Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander sits by assets
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander sits in the top quartile of all filed plans by assets, $44M for 178 participants (~$245,261/participant), down 6.7% in 2024.
- #6,236
- in Finance & Insurance (8,549 peers)
- -6.7%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander's outsized position by total assets
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$43,656,535 Top 17% higher than 83% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander sits mid-pack in the medium band (178 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander reported net income fell from $406K in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander end-of-year assets fell from $47M in the plan year 2023 filing to $44M in the plan year 2024 filing.
- Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander reported participants fell from 184 in the plan year 2023 filing to 178 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 660183103 · Firstbank Pr PY 2024 · Defined Benefit (Pension)
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander · $44M · 178 · 83rd
- PART $44M
- PART 178
- PART 83rd
- PART Defined Benefit (Pension)
- PART near The Graham Companies Pension Plan
- PART ind #6236
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 →
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $47M |
|---|---|
| Net Assets (End of Year) | $44M |
| Net Income | -$3M |
| Employer EIN | 660183103 |
| Plan Effective Date | 1978-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Firstbank Pr)
Sponsor-wide plan assets over time
All Firstbank Pr plans reported in each filing year
- Latest sponsor-wide plan assets
- $234M 9.59720287232389% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 3,294 | $214M |
| 2023 | 4 | 3,402 | $242M |
| 2024 | 3 | 3,351 | $234M |
Nearby Defined Benefit (Pension) Plans in Puerto Rico
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees $797M · 1,468
- Banco Popular De Puerto Rico Retirement Plan $607M · 1,845
- 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
Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Puerto Rico, the nearest Defined Benefit (Pension) by assets is The Graham Companies Pension Plan in FL ($44M); by covered participants it is Penn Engineering Pension Plan in PA (178 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
Similar participant headcount
Nearest other-state filings by covered participants (178 participants); asset peers above are excluded.
- Penn Engineering Pension Plan (PA) 178 · 0 off
- Standard Chartered Bank Retirement Account Plan (NJ) 178 · 0 off
- Epstein Becker & Green, P.C. Market Based Cash Balance Pension Plan (NY) 178 · 0 off
- B&g Foods Ankeny, Ia Pension Plan (NJ) 178 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.