2023 Form 5500 filing — Banco Popular De Puerto Rico Retirement 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 20241014091225NAL0013044051001) for Banco Popular De Puerto Rico Retirement Plan, reported by Banco Popular De Puerto Rico under EIN 66-0561870 and plan number 001. It reports 7,694 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014091225NAL0013044051001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Banco Popular De Puerto Rico
- EIN
- 66-0561870
- Plan number
- 001
- Location
- San Juan, PR
- Participants
- 7,694
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $632,455,069
- Total liabilities (EOY)
- $10,091,891
- Net assets (EOY)
- $622,363,178
- Total income / additions
- $71,554,086
- Benefits paid
- $38,297,519
- Administrative expenses
- $2,553,731
- Total expenses
- $40,851,250
- Net increase / (decrease)
- $30,702,836
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blackrock Institutional Trust | INVESTMENT MANAGER | $854,416 | not reported in the loaded dataset |
| Pension Benefit Guaranty Corp | PREMIUM INSURANCE | $738,624 | not reported in the loaded dataset |
| Towers Watson Delavare, Inc. | ACTUARY FEES | $296,193 | not reported in the loaded dataset |
| Blackrock Institutional Trust | CONSULTING FEES | $239,159 | not reported in the loaded dataset |
| Consultiva International, Inc. | CONSULTING FEES | $120,000 | not reported in the loaded dataset |
| Dcm Advisors | INVESTMENT MANAGER | $76,044 | not reported in the loaded dataset |
| Morgan Stanley Emerging Markets | INVESTMENT MANAGER | $73,952 | not reported in the loaded dataset |
| Pwc Llp Puerto Rico | AUDITING FEES | $67,737 | not reported in the loaded dataset |
| Newton | INVESTMENT MANAGER | $65,017 | not reported in the loaded dataset |
| Jp Morgan Chase | CUSTODY ADM FEES | $44,884 | not reported in the loaded dataset |