The Oriental Bank Coda Profit Sharing Plan — Form 5500 plan (Oriental Bank)

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, The Oriental Bank Coda Profit Sharing Plan is a benefit plan reported by Oriental Bank under EIN 66-0259436 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,837 participants and $134,602,051 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Oriental Bank
EIN
66-0259436
Plan number
002
Plan type
2
Location
San Juan, PR
Latest filing year
2023
Participants
2,837
End-of-year plan assets
$134,602,051

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,837H, C20240613161100NAL0031024417001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$134,602,051
Total liabilities (EOY)
$58,605
Net assets (EOY)
$134,543,446
Net assets (BOY)
$110,413,191

Income & contributions

Employer contributions
$2,555,610
Participant contributions
$6,212,897
Total contributions
$8,811,908
Total income / additions
$29,255,026

Expenses & distributions

Benefits paid
$4,954,280
Administrative expenses
$111,886
Total expenses
$5,124,771
Net increase / (decrease)
$24,130,255

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Expand Financial LLCINVESTMENT FIDUCIARY$57,827$02023
New Edge Advisors, LLC.INVESTMENT FIDUCIARY SVC$53,489$02023

Related Form 5500 pages