Firstbank Puerto Rico Pension Plan For The Former Employees Of Banco Central Hispano - Puerto Rico — Form 5500 plan (Firstbank Pr)

Plain-English plan 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, Firstbank Puerto Rico Pension Plan For The Former Employees Of Banco Central Hispano - Puerto Rico is a benefit plan reported by Firstbank Pr under EIN 66-0183103 and plan number 003. The latest loaded filing year is 2023. The filing reports 369 participants and $29,746,847 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$29.7MPlan net assets, end of year$29,746,847
Participants369Covered participants reported
Assets / participant$80.6KComputed: assets ÷ participants$80,615 (computed)
Provider compensation$9.9K1 Schedule C provider row(s)$9,930
Plan sponsor
Firstbank Pr
EIN
66-0183103
Plan number
003
Plan type
2
Location
San Juan, PR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023369H, C20250915170320NAL0001348593001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$29.7M total assets
Net assets$29.7MLiabilities$0
Money in vs. money out
Total income / additions$2.4M
Total expenses$2.3M
Benefits paid / distributions$2.3M
Full reported line items

Net assets

Total assets (EOY)
$29,746,847
Total liabilities (EOY)
$0
Net assets (EOY)
$29,746,847
Net assets (BOY)
$29,700,207

Income & contributions

Total contributions
$0
Total income / additions
$2,382,523

Expenses & distributions

Benefits paid
$2,323,869
Administrative expenses
$12,014
Total expenses
$2,335,883
Net increase / (decrease)
$46,640
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income98%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Trust Company - Ir&MTRUSTEE$9,930not reported in the loaded dataset2023

Related Form 5500 pages