2023 Form 5500 filing — Popular, Inc. Usa 401(K) Savings & Investment Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240730102120NAL0013275603001) for Popular, Inc. Usa 401(K) Savings & Investment Plan, reported by Popular, Inc. under EIN 66-0667416 and plan number 053. It reports 1,583 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$149.5MReported net assets$149,460,365
Participants1.6K1,583
Provider compensation$363.6K3 Schedule C row(s)$363,570
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240730102120NAL0013275603001
- Plan sponsor
- Popular, Inc.
- EIN
- 66-0667416
- Plan number
- 053
- Location
- San Juan, PR
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$149.6M total assets
Net assets$149.5MLiabilities$94.3K
Full reported line items
- Total assets (EOY)
- $149,554,638
- Total liabilities (EOY)
- $94,273
- Net assets (EOY)
- $149,460,365
- Employer contributions
- $3,363,904
- Participant contributions
- $7,973,503
- Total income / additions
- $33,830,741
- Benefits paid
- $10,697,067
- Administrative expenses
- $364,630
- Total expenses
- $11,064,570
- Net increase / (decrease)
- $22,766,171
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $198,718 | $0 |
| Morgan Stanley Global | INVESTMENT ADVISORY | $117,000 | not reported in the loaded dataset |
| Pricewaterhousecoopers, Llp | ACCOUNTANT | $47,852 | not reported in the loaded dataset |