Employer · plans filed under one EIN
Puerto Rico Telephone Company
San Juan, PR · Information
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Puerto Rico Telephone Company, based in San Juan, Puerto Rico, sponsors 4 retirement plans with 100 or more participants: 1 defined contribution and 3 defined benefit. Together they reported 14,311 participant records and $885M in net assets.
The largest is Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees, a cash balance pension plan with 7,094 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $46.6M and participant contributions $481K in the latest plan years; benefits paid were $113M. Schedule C compensation reported to service provider organisations totalled $3.8M.
Combined net assets moved from $36.6M in 2009 to $885M in 2024 (up 2321%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees | cash balance pension plan | 2024 | 7,094 | $797M | $112,300 | $36,096 | $3.4M |
| Claro Puerto Rico Employees Savings Plan | defined contribution plan | 2024 | 3,183 | $1.5M | $461 | — | $0 |
| Puerto Rico Telephone Company Retirement Plan for Certain Former Employees | cash balance pension plan | 2024 | 2,280 | $72.1M | $31,611 | — | $352K |
| Puerto Rico Telephone Company Lump Sum Retirement Plan | cash balance pension plan | 2024 | 1,754 | $15.2M | $8,689 | $0 | $0 |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 4 | 14,311 | $885M | $46.6M | $481K |
| 2023 | 4 | 14,443 | $895M | $750K | $428K |
| 2022 | 4 | 14,605 | $924M | $0 | $364K |
| 2021 | 3 | 12,279 | $1.24B | $20.6M | $0 |
| 2020 | 3 | 12,600 | $1.28B | $77.4M | $0 |
| 2019 | 3 | 12,904 | $1.23B | $93.4M | $0 |
| 2018 | 2 | 4,173 | $56.7M | $1.5M | $0 |
| 2017 | 2 | 4,379 | $65.7M | $4.6M | $0 |
| 2016 | 1 | 3,121 | $28.9M | $1.7M | $0 |
| 2015 | 1 | 3,212 | $30.2M | $6.9M | $0 |
| 2014 | 1 | 3,414 | $32.5M | $6.2M | $0 |
| 2013 | 1 | 3,647 | $33.4M | $4.7M | $0 |
| 2012 | 1 | 3,873 | $39.0M | $1.6M | $0 |
| 2011 | 1 | 4,029 | $43.0M | $16.8M | $0 |
| 2010 | 1 | 4,317 | $36.5M | $10.2M | $0 |
| 2009 | 1 | 4,571 | $36.6M | $6.1M | $0 |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| AllianceBernstein L.P. | Investment management | 2 | $1,198,129 |
| Kbi Global Investors | Investment management | 2 | $687,330 |
| Mercer | Actuarial | 2 | $452,598 |
| Pimco | Investment management | 2 | $421,325 |
| JPMorgan Chase Bank, N.A. | Trustee (bank, trust company, or similar financial institution) | 2 | $397,431 |
| Banco Popular de Puerto Rico | Trustee (bank, trust company, or similar financial institution) | 2 | $330,273 |
| Mercer | Investment advisory (plan) | 2 | $293,143 |
| Driven PSC | Accounting (including auditing) | 1 | $19,533 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Puerto Rico Telephone Company have?
4 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees, Claro Puerto Rico Employees Savings Plan, Puerto Rico Telephone Company Retirement Plan for Certain Former Employees and Puerto Rico Telephone Company Lump Sum Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Puerto Rico Telephone Company contribute to its plans?
$46,600,000 in employer contributions across these plans in their latest plan years, about $8,681 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name AllianceBernstein L.P., Kbi Global Investors, Mercer and Pimco and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.