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).
- EFAST2 acknowledgement
- 20240730102120NAL0013275603001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Popular, Inc.
- EIN
- 66-0667416
- Plan number
- 053
- Location
- San Juan, PR
- Participants
- 1,583
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- 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
- Schedule source
- Schedule H
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 |