State · sponsors with a Puerto Rico filing address
Retirement plans in Puerto Rico
Form 5500 filings for plan years 2009 to 2025; medians for plan year 2024.
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. A plan is counted in the state of its sponsor's address, not where its participants live.
For plan year 2024, 339 retirement plans based in Puerto Rico with 100 or more participants filed Form 5500: 308 defined contribution and 31 defined benefit. They reported 253,778 participant records and $11.8B in net assets, counting every plan on the form.
The median defined contribution plan held $22,664 per participant, well below the national median of $53,031, and its employer put in $1,011 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $90.64 per participant against $123 nationally.
Employers contributed $272M and participants $345M during the year, and the plans paid out $1.02B in benefits.
In 2009 the same group numbered 343 plans with $4.61B; by 2024 it was 339 plans (down 1%) and $11.8B (up 157%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Beyond the full-form filers, 2,000 small plans based in Puerto Rico filed the short Form 5500-SF for 2024, with 36,253 participants and $1.78B in net assets. Small plans are counted here and nowhere else on this site.
Medians compared with all US plans
| Median plan, plan year 2024 | PR: DC | US: DC | PR: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $22,664 | $53,031 | $46,775 | $86,234 |
| Employer contributions per active participant | $1,011 | $2,174 | $3,399 | $10,244 |
| Schedule C compensation per participant | $90.64 | $123 | $211 | $344 |
| Schedule C compensation, share of net assets | 0.46% | 0.26% | 0.47% | 0.42% |
| Administrative expenses per participant | $64.93 | $116 | $328 | $527 |
Medians across plans with 100 or more participants (276 DC and 31 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $8,255 | $22,664 | $50,032 | 276 |
| Employer contributions per active participant | $394 | $1,011 | $2,030 | 263 |
| Schedule C compensation per participant | $38.41 | $90.64 | $192 | 231 |
| Administrative expenses per participant | $18.89 | $64.93 | $147 | 248 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 72 | 56,685 | $2.86B | $77.7M | $121M | $41,977 | $99.96 |
| 2024 | 339 | 253,778 | $11.8B | $272M | $345M | $22,664 | $90.64 |
| 2023 | 338 | 250,131 | $10.2B | $201M | $312M | $19,493 | $79.24 |
| 2022 | 329 | 239,552 | $9.18B | $233M | $285M | $16,707 | $78.45 |
| 2021 | 319 | 230,614 | $11.1B | $223M | $262M | $19,738 | $86.96 |
| 2020 | 313 | 224,935 | $10.2B | $275M | $253M | $18,869 | $69.31 |
| 2019 | 315 | 222,353 | $9.05B | $281M | $236M | $17,006 | $59.09 |
| 2018 | 308 | 223,445 | $7.66B | $274M | $223M | $15,598 | $56.89 |
| 2017 | 314 | 226,253 | $8.36B | $284M | $205M | $16,844 | $55.47 |
| 2016 | 314 | 232,595 | $7.38B | $190M | $310M | $14,485 | $43.89 |
| 2015 | 311 | 233,281 | $6.99B | $320M | $186M | $13,397 | $44.90 |
| 2014 | 311 | 235,476 | $6.94B | $332M | $179M | $13,380 | $36.38 |
| 2013 | 323 | 248,182 | $6.95B | $259M | $172M | $12,193 | $29.12 |
| 2012 | 328 | 235,081 | $5.92B | $304M | $154M | $10,721 | $26.53 |
| 2011 | 323 | 224,325 | $5.17B | $267M | $149M | $9,543 | $24.23 |
| 2010 | 331 | 214,955 | $4.73B | $357M | $129M | $9,666 | $48.79 |
| 2009 | 343 | 246,762 | $4.61B | $208M | $136M | $8,201 | $34.74 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 337 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 337 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| Popular, Inc. PR Savings and Investment Plan Savings and Investment Plan | Popular, Inc. | DC | 10,240 | $1.00B | $97,891 | $4,124 | $15.12 |
| Banco Popular de Puerto Rico Retirement Plan | Banco Popular de Puerto Rico | DB | 7,517 | $589M | $78,292 | — | $365 |
| Puerto Rico Telephone Company Consolidated Retirement Plan for Salaried and Hourly Employees | Puerto Rico Telephone Company | DB | 7,094 | $797M | $112,300 | $36,096 | $486 |
| Components Pension Plan for Puerto Rico | GE Industrial of PR LLC | DB | 6,143 | $163M | $26,532 | $14,329 | $177 |
| Caribbean Restaurants Retirement Plan | Caribbean Restaurants, LLC | DC | 5,914 | $8.8M | $1,484 | — | — |
| Plan de Retiro 1081.01(D) del Hospital General Menonita | Hospital General Menonita | DC | 5,151 | $36.4M | $7,073 | $342 | — |
| MSD Puerto Rico Pension Plan | MSD International GMBH (Puerto Rico Branch), LLC | DB | 4,661 | $412M | $88,464 | — | — |
| International Restaurant Services, Inc. Retirement Plan | International Restaurant Services, Inc. | DC | 4,195 | $4.9M | $1,163 | $50 | — |
| Luma Energy 401 (K) PR Retirement Savings Plan | Luma Energy, LLC | DC | 4,184 | $75.7M | $18,081 | $1,918 | $13.34 |
| MMM Holdings LLC 1081. 01 Retirement Plan & Trust | MMM Holdings LLC | DC | 3,851 | $58.3M | $15,130 | $490 | $89.34 |
| Firstbank 401(k) Retirement Plan for Residents of Puerto Rico | Firstbank of Puerto Rico | DC | 3,311 | $193M | $58,199 | $1,241 | $42.91 |
| Union de Tronquistas de Puerto Rico Local 901 - Pension Plan | Board of Trustees Union de Tronquistas de Puerto Rico Local 901 | DB | 3,286 | $1.1M | $338 | $2,943 | $115 |
| Sarco Employees Retirement Plan | South American Restaurants Corp. | DC | 3,276 | $29.8M | $9,107 | $330 | $7.55 |
| The Retirement and Savings Plan for Amgen Manufacturing Limited LLC | Amgen Manufacturing Limited LLC | DC | 3,198 | $779M | $243,650 | $8,222 | $205 |
| Claro Puerto Rico Employees Savings Plan | Puerto Rico Telephone Company, Inc. | DC | 3,183 | $1.5M | $461 | — | — |
| RTX Puerto Rico Savings Plan | RTX Corporation | DC | 3,152 | $127M | $40,157 | $2,214 | — |
| Triple-S Retirement & Savings Plan | Triple-S Management Corporation | DC | 3,137 | $81.5M | $25,977 | $1,589 | $60.22 |
| Abbvie Puerto Rico Pension Plan | Abbvie Ltd. | DB | 3,012 | $471M | $156,469 | — | $71.50 |
| The Retirement Plan for Lilly Affiliate Employees in Puerto Rico | Lilly del Caribe, Inc. | DB | 2,771 | $335M | $120,801 | — | $142 |
| Medical Card System Savings Plan | Medical Card System, Inc. | DC | 2,755 | $77.6M | $28,173 | $352 | $17.32 |
| The Oriental Bank Coda Profit Sharing Plan | Oriental Bank | DC | 2,736 | $180M | $65,721 | $1,342 | $54.76 |
| Sociedad Espanola de Auxilio Mutuo Y Beneficiencia de Puerto Rico Retirement Plan | Hospital Espanol Auxilio Mutuo de Puerto Rico Inc. | DC | 2,721 | $39.4M | $14,494 | $498 | $115 |
| Coopervision Manufacturing Puerto Rico, LLC Savings Plan | Coopervision Manufacturing Puerto Rico, LLC | DC | 2,684 | $63.0M | $23,464 | $1,370 | $34.02 |
| Manati Medical Center Retirement Plan | Dorado Health, Inc. | DC | 2,504 | $15.2M | $6,079 | $128 | $34.36 |
| Puerto Rico Telephone Company Retirement Plan for Certain Former Employees | Puerto Rico Telephone Company | DB | 2,280 | $72.1M | $31,611 | — | $154 |
| Marriott International, Inc. Puerto Rico Retirement Plan | Luxury Hotels International of Puerto Rico, Inc. | DC | 2,277 | $25.2M | $11,071 | $323 | $32.24 |
| BD Savings Plan for Puerto Rico Employees | Becton Dickinson Caribe Ltd. | DC | 2,202 | $108M | $48,937 | $2,762 | $0.41 |
| Inter American University of PR Defined Contribution Retirement Plan | Inter American University of PR | DC | 2,167 | $216M | $99,602 | $1,723 | $19.97 |
| CC1 Limited Partnership Retirement & Savings Plan Partnership Retirement & Savings Plan | CC1 Limited Partnership | DC | 2,073 | $60.7M | $29,290 | $584 | $59.23 |
| Abbvie Puerto Rico Savings Plan | Abbvie Ltd. | DC | 2,068 | $560M | $270,858 | $4,692 | $187 |
| The Savings Plan for Lilly Affiliate Employees in Puerto Rico | Lilly del Caribe, Inc. | DC | 1,935 | $519M | $268,316 | $4,652 | $117 |
| Bristol-Myers Squibb Puerto Rico, Inc. Savings and Investment Program | Bristol-Myers Squibb Puerto Rico, Inc. | DC | 1,902 | $252M | $132,577 | $4,969 | — |
| Pfizer Savings Plan for Employees Resident in Puerto Rico | PBG Puerto Rico LLC | DC | 1,869 | $395M | $211,518 | $21,328 | $101 |
| Supermercado Maximo, Inc. Retirement Plan | Supermercados Maximo, Inc. | DC | 1,788 | $8.4M | $4,721 | $267 | $70.67 |
| Puerto Rico Telephone Company Lump Sum Retirement Plan | Puerto Rico Telephone Company | DB | 1,754 | $15.2M | $8,689 | $0 | — |
| Pueblo Inc. Retirement Plan | Pueblo Inc. | DC | 1,738 | $4.3M | $2,501 | $183 | — |
| Caribbean Cinemas Savings and Retirement Plan | Cinemas Management of PR, Inc. Nc. | DC | 1,703 | $1.9M | $1,097 | $45 | — |
| Evertec Group, LLC Savings & Investment Plan | Evertec Group, LLC | DC | 1,598 | $118M | $73,567 | $916 | $189 |
| Popular, Inc. USA 401(k) Savings & Investment Plan | Popular, Inc. | DC | 1,555 | $191M | $122,842 | $6,322 | $252 |
| Puerto Rico Waste Management Group Corp. 1165(E) Plan | Puerto Rico Waste Management Group Corp. | DC | 1,463 | $7.3M | $5,023 | $157 | $101 |
| Boston Scientific Corporation 401(k) Retirement Savings Plan for Puerto Rico Affiliates | Guidant Puerto Rico, B.V. | DC | 1,422 | $113M | $79,688 | $2,515 | $91.77 |
| Universal Insurance Company Profit Sharing and Savings Plan | Universal Group | DC | 1,325 | $154M | $116,284 | $4,484 | $377 |
| Caribe Pharmacy Savings and Retirement Plan | Caribe Pharmacy Holdings LLC | DC | 1,244 | $3.2M | $2,576 | $179 | $11.02 |
| Sartorius Stedim Filters, Inc. Employee Savings and Profit Sharing Plan | Sartorius Stedim Filters, Inc. | DC | 1,243 | $13.1M | $10,556 | $1,808 | $37.11 |
| Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan | Hewlett Packard Enterprise IV LLC | DC | 1,218 | $228M | $187,564 | $2,634 | $9.15 |
| B. Fernandez & Hnos., Inc. Retirement Savings Plan | B. Fernandez & Hnos., Inc. | DC | 1,168 | $28.0M | $23,930 | $663 | $175 |
| Subs Island Development Inc. Retirement Savings Plan | Subs Island Development Inc. | DC | 1,135 | $960K | $846 | $152 | — |
| MSD Puerto Rico Savings and Security Plan | MSD International GMBH (Puerto Rico Branch) LLC | DC | 1,126 | $232M | $205,686 | $4,362 | $5.02 |
| Triple S Vida Retirement & Savings Plan | Triple-S Vida, Inc. | DC | 1,107 | $39.6M | $35,809 | $3,224 | $117 |
| Plan de Retiro San Lucas | Hospital Episcopal San Lucas Ponce | DC | 1,087 | $1.5M | $1,344 | $217 | $39.27 |
| Triple-S Management Corporation Non-Contributory Retirement Plan | Triple-S Management Corporation | DB | 1,081 | $137M | $126,762 | $12 | $502 |
| Metro Santurce Inc. DBA Hospital Pavia Santurce Retirement Plan | Metro Santurce Inc. DBA Hospital Pavia Santurce | DC | 1,071 | $6.7M | $6,241 | $211 | $36.62 |
| Puerto Rico Supplies Group Retirement and Savings Plan | Puerto Rico Supplies Group, Inc. | DC | 1,012 | $57.4M | $56,701 | $1,189 | $203 |
| Laboratorios Borinquen Employees Retirement Plan | Laboratorio Borinquen, Inc. | DC | 948 | $13.6M | $14,318 | $272 | — |
| Clinical Medical Services Savings Plan | Clinical Medical Services | DC | 945 | $869K | $919 | $55 | — |
| Trane Technologies Retirement Savings Plan for Participating Affiliates in Puerto Rico | Thermo King Puerto Rico Manufactura, Inc. | DC | 939 | $68.1M | $72,477 | $3,153 | — |
| Fenwal International, Inc. Savings and Retirement Plan | Fenwal International, Inc. | DC | 938 | $29.3M | $31,271 | $795 | $149 |
| First Medical Health Retirement Savings Plan | First Medical Health Plan, Inc. | DC | 863 | $19.6M | $22,734 | $795 | $27.56 |
| Mueblerias Berrios Retirement Plan | Empresas Berrios, Inc. | DC | 857 | $9.0M | $10,495 | $151 | $118 |
| Ballester Hermanos, Inc. Retirement Plan | Ballester Hermanos Inc. | DC | 843 | $36.4M | $43,210 | $1,217 | $99.76 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in Puerto Rico?
339 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 1,905 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in Puerto Rico?
The median defined contribution plan reported $22,664 in net assets per participant (middle half of plans: $8,255 to $50,032); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in Puerto Rico?
The median defined contribution plan received $1,011 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in Puerto Rico?
Among defined contribution plans that report any Schedule C compensation, the median was $90.64 per participant and 0.46% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 and Form 5500-SF research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.