Puerto Rico › Manufacturing › 100 to 249 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Procter & Gamble Puerto Rico Pension Plan
Sponsored by Procter and Gamble Commercial LLC, Guaynabo, PR
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Procter & Gamble Puerto Rico Pension Plan is a defined benefit pension plan sponsored by Procter and Gamble Commercial LLC of Guaynabo, Puerto Rico. For the plan year ending 30 Jun 2025 it reported 180 participants, 7 of them active, and net assets of $11.5M.
Net assets came to $63,714 per participant, well below the $80,635 median for defined benefit plans with 100 to 249 participants and below the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $66K: $367 per participant, below the same-size median of $451. Administrative expenses charged to the plan were $104K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $10.1M in 2009 to $11.5M in 2024 (up 14%), and participants from 230 to 180 (down 22%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $63,714 | $80,635 | $67,961 | $86,221 |
| Employer contributions per active participant | — | $9,975 | $6,915 | $10,244 |
| Schedule C compensation per participant | $367 | $451 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.58% | 0.52% | 0.47% | 0.42% |
| Administrative expenses per participant | $579 | $582 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 100 to 249 participants (1,156 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 180 | $11.5M | $63,711 | — | — | $66K |
| 2023 | 185 | $11.7M | $63,432 | $2.9M | — | $53K |
| 2022 | 188 | $9.6M | $50,856 | $925K | — | $43K |
| 2021 | 191 | $9.5M | $49,581 | $2.1M | — | $43K |
| 2020 | 192 | $9.9M | $51,667 | $802K | — | $38K |
| 2019 | 197 | $9.9M | $50,152 | $718K | — | $50K |
| 2018 | 197 | $9.4M | $47,477 | $824K | — | $42K |
| 2017 | 199 | $9.0M | $45,231 | $550K | — | $35K |
| 2016 | 205 | $9.2M | $45,073 | $387K | — | $57K |
| 2015 | 208 | $9.5M | $45,889 | $248K | — | $36K |
| 2014 | 212 | $10.0M | $47,080 | $137K | — | $31K |
| 2013 | 217 | $10.5M | $48,447 | — | — | $37K |
| 2012 | 214 | $10.5M | $49,159 | — | — | $51K |
| 2011 | 216 | $11.1M | $51,222 | $156K | — | $35K |
| 2010 | 220 | $10.3M | $46,786 | — | — | $93K |
| 2009 | 230 | $10.1M | $43,857 | — | — | $74K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$11,735,172
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$671,990
- Benefits paid$834,571
- Administrative expenses$104,141
- Total expenses$938,712
- Net income−$266,722
- Net transfers$0
- Net assets, end of year$11,468,450
Participants
- Active participants7
- Retired or separated, receiving benefits107
- Retired or separated, entitled to future benefits58
- Total participants, end of year180
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Towers Watson Delaware Inc. | Actuarial | $53,969 | $0 |
| Northern Trust | Trustee (directed) | $6,589 | $0 |
| BlackRock | Investment advisory (plan) | $5,480 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Actuarial fees$53,969
- Other administrative expenses$35,242
- Investment advisory and management fees$7,820
- Trustee and custodial fees$6,589
- Legal fees$521
- Total administrative expenses$104,141
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$11.5M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmDeloitte & Touche LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related3HPlan sponsor(s) is (are) a member(s) of a controlled group3JU.S.-based plan that covers residents of Puerto Rico and is qualified under both codes
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 325600: Soap, Cleaning Compound, & Toilet Preparation Mfg.
Other plans of Procter and Gamble Commercial LLC
| Plan | Participants | Net assets |
|---|---|---|
| The Profit Sharing Retirement Plan of the Procter & Gamble Commercial Company | 469 | $96.3M |
| The Procter & Gamble Commercial Company Employees' Savings Plan | 346 | $53.8M |
Similar plans in Puerto Rico
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Kimberly - Clark Puerto Rico, Inc. Retirement Plan | Kimberly - Clark Puerto Rico, Inc. | 210 | $7.8M | $37,307 |
| Roche Products, Inc. Defined Benefit Pension Plan | Roche Products, Inc. | 150 | $2.3M | $15,327 |
| Destileria Serralles, Inc. Puerto Rico Pension Plan | Destileria Serralles, Inc. | 294 | $17.3M | $58,814 |
| Basf Agricultural Products de Puerto Rico Employees' Retirement Plan | Basf Agricultural Products de Puerto Rico | 143 | $6.7M | $46,775 |
| Holsum de Puerto Rico, Inc. Employees' Retirement Plan | Holsum de Puerto Rico, Inc. | 405 | $10.0M | $24,710 |
| Retirement Plan for Employees of Bacardi Corporation | Bacardi Corporation | 414 | $50.3M | $121,503 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Procter & Gamble Puerto Rico Pension Plan?
180 participants at the end of the plan year ending 30 Jun 2025, of whom 7 were active employees, with net assets of $11,468,450. Among defined benefit plans that places it in the 100 to 249 participants band, which held 1,156 plans in plan year 2024.
What does Procter and Gamble Commercial LLC contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $66,038 in compensation to service provider organisations, $367 per participant or 0.58% of net assets. The same-size median among plans reporting any Schedule C compensation was $451 per participant. Administrative expenses on Schedule H were $104,141. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Procter and Gamble Commercial LLC. Investment advisory or management: BlackRock. Trustee or custodian: Northern Trust. The financial statements were audited by Deloitte & Touche LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 10 Mar 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 66-0676831, plan 003, received 10 Mar 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.