Firstbank Puerto Rico Retirement Plan For The Former Employees Of Banco Santander — 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 Retirement Plan For The Former Employees Of Banco Santander is a benefit plan reported by Firstbank Pr under EIN 66-0183103 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,567 participants and $46,808,350 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$46.8MPlan net assets, end of year$46,808,350
Participants1.6KCovered participants reported1,567
Assets / participant$29.9KComputed: assets ÷ participants$29,871 (computed)
Provider compensation$18.2K1 Schedule C provider row(s)$18,235
- Plan sponsor
- Firstbank Pr
- EIN
- 66-0183103
- Plan number
- 001
- Plan type
- 2
- Location
- San Juan, PR
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,567 | H, C | 20241127152413NAL0002949971001 |
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)$46.8M total assets
Net assets$46.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $46,808,350
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,808,350
- Net assets (BOY)
- $46,402,317
Income & contributions
- Total contributions
- $0
- Total income / additions
- $3,815,072
Expenses & distributions
- Benefits paid
- $3,390,492
- Administrative expenses
- $18,547
- Total expenses
- $3,409,039
- Net increase / (decrease)
- $406,033
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 assets7%Computed ratio
Benefits paid ÷ total income89%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Legal&General Invt Mgt America,Inc. | NONE | $18,235 | not reported in the loaded dataset | 2023 |