Logo

POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 401k Plan overview

Plan NamePOPULAR, INC. PR SAVINGS AND INVESTMENT PLAN
Plan identification number 006

POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.

401k Sponsoring company profile

POPULAR, INC. has sponsored the creation of one or more 401k plans.

Company Name:POPULAR, INC.
Employer identification number (EIN):660667416
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0062024-01-01DOUGLAS H. HACHENBURG
0062023-01-01
0062023-01-01DOUGLAS H. HACHENBURG
0062022-01-01
0062022-01-01DOUGLAS H. HACHENBURG
0062021-01-01
0062021-01-01DOUGLAS H. HACHENBURG
0062020-01-01
0062020-01-01
0062020-01-01
0062019-01-01
0062018-01-01DOUGLAS H. HACHENBURG
0062017-01-01DOUGLAS H HACHENBURG
0062017-01-01DOUGLAS H. HACHENBURG
0062016-01-01DOUGLAS H HACHENBURG
0062015-01-01DOUGLAS H HACHENBURG

Plan Statistics for POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN

401k plan membership statisitcs for POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN

Measure Date Value
2023: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0110,023
Total number of active participants reported on line 7a of the Form 55002023-01-018,320
Number of retired or separated participants receiving benefits2023-01-01384
Number of other retired or separated participants entitled to future benefits2023-01-011,339
Total of all active and inactive participants2023-01-0110,043
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-011
Total participants2023-01-0110,044
Number of participants with account balances2023-01-019,947
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-01302
2022: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-019,622
Total number of active participants reported on line 7a of the Form 55002022-01-018,073
Number of retired or separated participants receiving benefits2022-01-01454
Number of other retired or separated participants entitled to future benefits2022-01-011,412
Total of all active and inactive participants2022-01-019,939
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-019,941
Number of participants with account balances2022-01-019,848
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01402
2021: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-019,580
Total number of active participants reported on line 7a of the Form 55002021-01-017,825
Number of retired or separated participants receiving benefits2021-01-01315
Number of other retired or separated participants entitled to future benefits2021-01-011,406
Total of all active and inactive participants2021-01-019,546
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-012
Total participants2021-01-019,548
Number of participants with account balances2021-01-019,453
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01126
2020: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0110,220
Total number of active participants reported on line 7a of the Form 55002020-01-017,864
Number of retired or separated participants receiving benefits2020-01-01546
Number of other retired or separated participants entitled to future benefits2020-01-011,812
Total of all active and inactive participants2020-01-0110,222
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-014
Total participants2020-01-0110,226
Number of participants with account balances2020-01-0110,139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01305
2019: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0111,176
Total number of active participants reported on line 7a of the Form 55002019-01-018,997
Number of retired or separated participants receiving benefits2019-01-01393
Number of other retired or separated participants entitled to future benefits2019-01-011,869
Total of all active and inactive participants2019-01-0111,259
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-014
Total participants2019-01-0111,263
Number of participants with account balances2019-01-0110,036
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-01338
2018: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0110,372
Total number of active participants reported on line 7a of the Form 55002018-01-019,285
Number of retired or separated participants receiving benefits2018-01-01289
Number of other retired or separated participants entitled to future benefits2018-01-011,184
Total of all active and inactive participants2018-01-0110,758
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-013
Total participants2018-01-0110,761
Number of participants with account balances2018-01-019,512
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-01175
2017: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0112,121
Total number of active participants reported on line 7a of the Form 55002017-01-018,441
Number of retired or separated participants receiving benefits2017-01-01264
Number of other retired or separated participants entitled to future benefits2017-01-011,279
Total of all active and inactive participants2017-01-019,984
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-014
Total participants2017-01-019,988
Number of participants with account balances2017-01-018,757
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01278
2016: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-017,037
Total number of active participants reported on line 7a of the Form 55002016-01-018,557
Number of retired or separated participants receiving benefits2016-01-011,381
Number of other retired or separated participants entitled to future benefits2016-01-012,122
Total of all active and inactive participants2016-01-0112,060
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-016
Total participants2016-01-0112,066
Number of participants with account balances2016-01-0110,837
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01279
2015: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-016,605
Total number of active participants reported on line 7a of the Form 55002015-01-018,785
Number of retired or separated participants receiving benefits2015-01-012,424
Number of other retired or separated participants entitled to future benefits2015-01-013,203
Total of all active and inactive participants2015-01-0114,412
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0113
Total participants2015-01-0114,425
Number of participants with account balances2015-01-0113,195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-01234

Financial Data on POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN

Measure Date Value
2023 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$73,403,565
Total unrealized appreciation/depreciation of assets2023-12-31$73,403,565
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$602,098
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$330,701
Total income from all sources (including contributions)2023-12-31$159,845,644
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$20,055,265
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$19,901,356
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$58,677,419
Value of total assets at end of year2023-12-31$700,721,578
Value of total assets at beginning of year2023-12-31$560,659,802
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$153,909
Total interest from all sources2023-12-31$162
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$27,764,498
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$27,764,498
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$30,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$40,424,491
Participant contributions at beginning of year2023-12-31$11,863
Participant contributions at end of year2023-12-31$853,073
Participant contributions at beginning of year2023-12-31$771,727
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$909,661
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$1,215,658
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$873,779
Administrative expenses (other) incurred2023-12-31$76,659
Liabilities. Value of operating payables at end of year2023-12-31$107,559
Liabilities. Value of operating payables at beginning of year2023-12-31$121,282
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$139,790,379
Value of net assets at end of year (total assets less liabilities)2023-12-31$700,119,480
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$560,329,101
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$77,250
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$532,072,026
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$405,327,520
Interest on participant loans2023-12-31$162
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$73,878,159
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$65,442,304
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$65,442,304
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$91,883,322
Assets. Invements in employer securities at beginning of year2023-12-31$73,318,357
Contributions received in cash from employer2023-12-31$17,343,267
Employer contributions (assets) at end of year2023-12-31$819,340
Employer contributions (assets) at beginning of year2023-12-31$14,914,252
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$19,901,356
Liabilities. Value of benefit claims payable at end of year2023-12-31$222,255
Liabilities. Value of benefit claims payable at beginning of year2023-12-31$209,217
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Liabilities. Value of acquisition indebtedness at end of year2023-12-31$272,284
Liabilities. Value of acquisition indebtedness at beginning of year2023-12-31$202
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31PRICE WATER HOUSE COOPERS, LLP
Accountancy firm EIN2023-12-31660558530
Unrealized appreciation/depreciation of other (non real estate) assets2023-01-01$73,403,565
Total unrealized appreciation/depreciation of assets2023-01-01$73,403,565
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$602,098
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$330,701
Total income from all sources (including contributions)2023-01-01$159,845,644
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$20,055,265
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$19,901,356
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$58,677,419
Value of total assets at end of year2023-01-01$700,721,578
Value of total assets at beginning of year2023-01-01$560,659,802
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$153,909
Total interest from all sources2023-01-01$162
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$27,764,498
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2023-01-01$27,764,498
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$30,000,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$40,424,491
Participant contributions at beginning of year2023-01-01$11,863
Participant contributions at end of year2023-01-01$853,073
Participant contributions at beginning of year2023-01-01$771,727
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$909,661
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-01-01$1,215,658
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-01-01$873,779
Administrative expenses (other) incurred2023-01-01$76,659
Liabilities. Value of operating payables at end of year2023-01-01$107,559
Liabilities. Value of operating payables at beginning of year2023-01-01$121,282
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$139,790,379
Value of net assets at end of year (total assets less liabilities)2023-01-01$700,119,480
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$560,329,101
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Investment advisory and management fees2023-01-01$77,250
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$532,072,026
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$405,327,520
Interest on participant loans2023-01-01$162
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-01-01$73,878,159
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Assets. Invements in employer securities at end of year2023-01-01$91,883,322
Assets. Invements in employer securities at beginning of year2023-01-01$73,318,357
Contributions received in cash from employer2023-01-01$17,343,267
Employer contributions (assets) at end of year2023-01-01$819,340
Employer contributions (assets) at beginning of year2023-01-01$14,914,252
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$19,901,356
Liabilities. Value of benefit claims payable at end of year2023-01-01$222,255
Liabilities. Value of benefit claims payable at beginning of year2023-01-01$209,217
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Liabilities. Value of acquisition indebtedness at end of year2023-01-01$272,284
Liabilities. Value of acquisition indebtedness at beginning of year2023-01-01$202
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01PRICE WATER HOUSE COOPERS, LLP
Accountancy firm EIN2023-01-01660558530
2022 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-125,442,957
Total unrealized appreciation/depreciation of assets2022-12-31$-125,442,957
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$330,701
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$280,746
Total income from all sources (including contributions)2022-12-31$-27,904,603
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$57,708,218
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$57,556,037
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$67,389,711
Value of total assets at end of year2022-12-31$560,659,802
Value of total assets at beginning of year2022-12-31$646,222,668
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$152,181
Total interest from all sources2022-12-31$2,665
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$30,145,978
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$30,145,978
Administrative expenses professional fees incurred2022-12-31$105,831
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$25,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$35,598,203
Participant contributions at end of year2022-12-31$11,863
Participant contributions at beginning of year2022-12-31$80,975
Participant contributions at end of year2022-12-31$771,727
Participant contributions at beginning of year2022-12-31$650,551
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$2,671,938
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$873,779
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$564,428
Liabilities. Value of operating payables at end of year2022-12-31$121,282
Liabilities. Value of operating payables at beginning of year2022-12-31$176,621
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-85,612,821
Value of net assets at end of year (total assets less liabilities)2022-12-31$560,329,101
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$645,941,922
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$46,350
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$405,327,520
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$487,775,177
Interest on participant loans2022-12-31$2,665
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$65,442,304
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$50,695,518
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$50,695,518
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$73,318,357
Assets. Invements in employer securities at beginning of year2022-12-31$93,667,701
Contributions received in cash from employer2022-12-31$29,119,570
Employer contributions (assets) at end of year2022-12-31$14,914,252
Employer contributions (assets) at beginning of year2022-12-31$12,788,318
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$57,556,037
Liabilities. Value of benefit claims payable at end of year2022-12-31$209,217
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$51,117
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Liabilities. Value of acquisition indebtedness at end of year2022-12-31$202
Liabilities. Value of acquisition indebtedness at beginning of year2022-12-31$53,008
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2022-12-31660558530
Unrealized appreciation/depreciation of other (non real estate) assets2022-01-01$-125,442,957
Total unrealized appreciation/depreciation of assets2022-01-01$-125,442,957
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$330,701
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$280,746
Total income from all sources (including contributions)2022-01-01$-27,904,603
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$57,708,218
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$57,556,037
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$67,389,711
Value of total assets at end of year2022-01-01$560,659,802
Value of total assets at beginning of year2022-01-01$646,222,668
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$152,181
Total interest from all sources2022-01-01$2,665
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$30,145,978
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$30,145,978
Administrative expenses professional fees incurred2022-01-01$105,831
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$25,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$35,598,203
Participant contributions at end of year2022-01-01$11,863
Participant contributions at beginning of year2022-01-01$80,975
Participant contributions at end of year2022-01-01$771,727
Participant contributions at beginning of year2022-01-01$650,551
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$2,671,938
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-01-01$873,779
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-01-01$564,428
Liabilities. Value of operating payables at end of year2022-01-01$121,282
Liabilities. Value of operating payables at beginning of year2022-01-01$176,621
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-85,612,821
Value of net assets at end of year (total assets less liabilities)2022-01-01$560,329,101
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$645,941,922
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$46,350
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$405,327,520
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$487,775,177
Interest on participant loans2022-01-01$2,665
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$65,442,304
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Assets. Invements in employer securities at end of year2022-01-01$73,318,357
Assets. Invements in employer securities at beginning of year2022-01-01$93,667,701
Contributions received in cash from employer2022-01-01$29,119,570
Employer contributions (assets) at end of year2022-01-01$14,914,252
Employer contributions (assets) at beginning of year2022-01-01$12,788,318
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$57,556,037
Liabilities. Value of benefit claims payable at end of year2022-01-01$209,217
Liabilities. Value of benefit claims payable at beginning of year2022-01-01$51,117
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Liabilities. Value of acquisition indebtedness at end of year2022-01-01$202
Liabilities. Value of acquisition indebtedness at beginning of year2022-01-01$53,008
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2022-01-01660558530
2021 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$66,646,295
Total unrealized appreciation/depreciation of assets2021-12-31$66,646,295
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$280,746
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,759,374
Total income from all sources (including contributions)2021-12-31$156,555,439
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$26,263,321
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$26,156,691
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$55,812,450
Value of total assets at end of year2021-12-31$646,222,668
Value of total assets at beginning of year2021-12-31$517,409,178
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$106,630
Total interest from all sources2021-12-31$9,876
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$34,086,818
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$34,086,818
Administrative expenses professional fees incurred2021-12-31$44,830
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$25,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$30,326,523
Participant contributions at end of year2021-12-31$80,975
Participant contributions at beginning of year2021-12-31$259,361
Participant contributions at end of year2021-12-31$650,551
Participant contributions at beginning of year2021-12-31$500,706
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,382,458
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$564,428
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$542,007
Liabilities. Value of operating payables at end of year2021-12-31$176,621
Liabilities. Value of operating payables at beginning of year2021-12-31$213,956
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$130,292,118
Value of net assets at end of year (total assets less liabilities)2021-12-31$645,941,922
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$515,649,804
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$61,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$487,775,177
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$396,315,631
Interest on participant loans2021-12-31$9,876
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$50,695,518
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$51,603,334
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$51,603,334
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$93,667,701
Assets. Invements in employer securities at beginning of year2021-12-31$67,854,679
Contributions received in cash from employer2021-12-31$24,103,469
Employer contributions (assets) at end of year2021-12-31$12,788,318
Employer contributions (assets) at beginning of year2021-12-31$333,460
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$26,156,691
Liabilities. Value of benefit claims payable at end of year2021-12-31$51,117
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$121,448
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Liabilities. Value of acquisition indebtedness at end of year2021-12-31$53,008
Liabilities. Value of acquisition indebtedness at beginning of year2021-12-31$1,423,970
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PRICE WATER HOUSE COOPERS, LLP
Accountancy firm EIN2021-12-31660558530
2020 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$24,436,771
Total unrealized appreciation/depreciation of assets2020-12-31$24,436,771
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$1,759,374
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$233,810
Total income from all sources (including contributions)2020-12-31$86,514,509
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$33,631,168
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$33,492,362
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$41,503,395
Value of total assets at end of year2020-12-31$517,409,178
Value of total assets at beginning of year2020-12-31$463,000,273
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$138,806
Total interest from all sources2020-12-31$23,927
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$20,550,416
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$20,550,416
Administrative expenses professional fees incurred2020-12-31$77,006
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$25,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$29,324,673
Participant contributions at end of year2020-12-31$259,361
Participant contributions at beginning of year2020-12-31$523,639
Participant contributions at end of year2020-12-31$500,706
Participant contributions at beginning of year2020-12-31$312,308
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$380,010
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$542,007
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$434,723
Liabilities. Value of operating payables at end of year2020-12-31$213,956
Liabilities. Value of operating payables at beginning of year2020-12-31$136,950
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$52,883,341
Value of net assets at end of year (total assets less liabilities)2020-12-31$515,649,804
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$462,766,463
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$61,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$396,315,631
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$337,809,228
Interest on participant loans2020-12-31$23,927
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$51,603,334
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$39,626,094
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$39,626,094
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$67,854,679
Assets. Invements in employer securities at beginning of year2020-12-31$71,641,248
Contributions received in cash from employer2020-12-31$11,798,712
Employer contributions (assets) at end of year2020-12-31$333,460
Employer contributions (assets) at beginning of year2020-12-31$12,653,033
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$33,492,362
Liabilities. Value of benefit claims payable at end of year2020-12-31$121,448
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$83,893
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Liabilities. Value of acquisition indebtedness at end of year2020-12-31$1,423,970
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$12,967
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31PRICE WATER HOUSE COOPERS, LLP
Accountancy firm EIN2020-12-31660558530
2019 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$56,891,906
Total unrealized appreciation/depreciation of assets2019-12-31$56,891,906
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$233,810
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$429,182
Total income from all sources (including contributions)2019-12-31$130,088,809
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$30,920,242
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$30,774,277
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$53,450,897
Value of total assets at end of year2019-12-31$463,000,273
Value of total assets at beginning of year2019-12-31$364,027,078
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$145,965
Total interest from all sources2019-12-31$89,306
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$19,656,700
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$19,656,700
Administrative expenses professional fees incurred2019-12-31$84,165
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$25,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$27,615,533
Participant contributions at end of year2019-12-31$523,639
Participant contributions at beginning of year2019-12-31$1,099,406
Participant contributions at end of year2019-12-31$312,308
Participant contributions at beginning of year2019-12-31$1,058,014
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$1,534,323
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$434,723
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$631,774
Liabilities. Value of operating payables at end of year2019-12-31$136,950
Liabilities. Value of operating payables at beginning of year2019-12-31$195,484
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$99,168,567
Value of net assets at end of year (total assets less liabilities)2019-12-31$462,766,463
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$363,597,896
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$61,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$337,809,228
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$249,988,158
Interest on participant loans2019-12-31$89,306
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$39,626,094
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$36,843,614
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$36,843,614
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$71,641,248
Assets. Invements in employer securities at beginning of year2019-12-31$62,723,353
Contributions received in cash from employer2019-12-31$24,301,041
Employer contributions (assets) at end of year2019-12-31$12,653,033
Employer contributions (assets) at beginning of year2019-12-31$11,682,759
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$30,774,277
Liabilities. Value of benefit claims payable at end of year2019-12-31$83,893
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$38,739
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Liabilities. Value of acquisition indebtedness at end of year2019-12-31$12,967
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$194,959
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31PRICE WATER HOUSE COOPERS, LLP
Accountancy firm EIN2019-12-31660558530
2018 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-17,212,535
Total unrealized appreciation/depreciation of assets2018-12-31$-17,212,535
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$390,443
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$190,636
Total income from all sources (including contributions)2018-12-31$66,050,694
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$38,590,654
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$38,444,689
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$64,587,264
Value of total assets at end of year2018-12-31$364,027,078
Value of total assets at beginning of year2018-12-31$336,367,231
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$145,965
Total interest from all sources2018-12-31$16,499
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$18,659,466
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$18,659,466
Administrative expenses professional fees incurred2018-12-31$84,165
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$25,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$23,965,395
Participant contributions at end of year2018-12-31$1,099,406
Participant contributions at beginning of year2018-12-31$84,314
Participant contributions at end of year2018-12-31$1,058,014
Participant contributions at beginning of year2018-12-31$676,824
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$18,979,656
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$631,774
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$432,598
Liabilities. Value of operating payables at end of year2018-12-31$195,484
Liabilities. Value of operating payables at beginning of year2018-12-31$139,447
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$27,460,040
Value of net assets at end of year (total assets less liabilities)2018-12-31$363,636,635
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$336,176,595
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$61,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$249,988,158
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$251,651,074
Income. Interest from loans (other than to participants)2018-12-31$16,499
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$36,843,614
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$30,715,838
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$30,715,838
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$62,723,353
Assets. Invements in employer securities at beginning of year2018-12-31$52,355,271
Contributions received in cash from employer2018-12-31$21,642,213
Employer contributions (assets) at end of year2018-12-31$11,682,759
Employer contributions (assets) at beginning of year2018-12-31$451,312
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$38,444,689
Liabilities. Value of benefit claims payable at end of year2018-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$0
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Liabilities. Value of acquisition indebtedness at end of year2018-12-31$194,959
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$51,189
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31PRICE WATER HOUSE COOPERS, LLP
Accountancy firm EIN2018-12-31660558530
2017 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$3,212,963
Total unrealized appreciation/depreciation of assets2017-12-31$3,212,963
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$223,211
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$1,201,882
Total income from all sources (including contributions)2017-12-31$52,367,289
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$15,529,252
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$15,383,287
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$28,922,839
Value of total assets at end of year2017-12-31$336,367,231
Value of total assets at beginning of year2017-12-31$300,507,865
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$145,965
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$13,822,907
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$13,822,907
Administrative expenses professional fees incurred2017-12-31$84,165
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$25,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$19,870,199
Participant contributions at end of year2017-12-31$84,314
Participant contributions at beginning of year2017-12-31$85,725
Participant contributions at end of year2017-12-31$676,824
Participant contributions at beginning of year2017-12-31$549,886
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$626,526
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$432,598
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$528,007
Liabilities. Value of operating payables at end of year2017-12-31$139,447
Liabilities. Value of operating payables at beginning of year2017-12-31$97,615
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$36,838,037
Value of net assets at end of year (total assets less liabilities)2017-12-31$336,144,020
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$299,305,983
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$61,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$251,651,074
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$199,681,874
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$30,715,838
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$28,799,562
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$28,799,562
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$6,408,580
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$52,355,271
Assets. Invements in employer securities at beginning of year2017-12-31$70,408,362
Contributions received in cash from employer2017-12-31$8,426,114
Employer contributions (assets) at end of year2017-12-31$451,312
Employer contributions (assets) at beginning of year2017-12-31$454,449
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$15,383,287
Liabilities. Value of benefit claims payable at end of year2017-12-31$32,575
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$949,521
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Liabilities. Value of acquisition indebtedness at end of year2017-12-31$51,189
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$154,746
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31PRICE WATERHOUSE COOPERS, LLP
Accountancy firm EIN2017-12-31660558530
2016 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$26,307,527
Total unrealized appreciation/depreciation of assets2016-12-31$26,307,527
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$1,201,882
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$242,470
Total income from all sources (including contributions)2016-12-31$67,708,641
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$12,661,424
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$12,512,498
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$25,097,335
Value of total assets at end of year2016-12-31$300,507,865
Value of total assets at beginning of year2016-12-31$244,501,236
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$148,926
Total interest from all sources2016-12-31$1,859
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$8,952,968
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$8,952,968
Administrative expenses professional fees incurred2016-12-31$87,126
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$50,000,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$17,465,118
Participant contributions at end of year2016-12-31$85,725
Participant contributions at beginning of year2016-12-31$170,235
Participant contributions at end of year2016-12-31$549,886
Participant contributions at beginning of year2016-12-31$508,527
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$424,969
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$528,007
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$269,146
Liabilities. Value of operating payables at end of year2016-12-31$97,615
Liabilities. Value of operating payables at beginning of year2016-12-31$94,455
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$123,902
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$55,047,217
Value of net assets at end of year (total assets less liabilities)2016-12-31$299,305,983
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$244,258,766
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$61,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$199,681,874
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$171,068,590
Interest on participant loans2016-12-31$1,859
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$28,799,562
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$22,019,715
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$22,019,715
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$7,348,952
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$70,408,362
Assets. Invements in employer securities at beginning of year2016-12-31$50,121,586
Contributions received in cash from employer2016-12-31$7,207,248
Employer contributions (assets) at end of year2016-12-31$454,449
Employer contributions (assets) at beginning of year2016-12-31$219,535
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$12,512,498
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Liabilities. Value of benefit claims payable at end of year2016-12-31$949,521
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$33,316
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Liabilities. Value of acquisition indebtedness at end of year2016-12-31$154,746
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$114,699
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31PRICEWATERHOUSECOPPERS, LLP
Accountancy firm EIN2016-12-31660558530
2015 : POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-9,445,802
Total unrealized appreciation/depreciation of assets2015-12-31$-9,445,802
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$242,470
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$466,781
Total income from all sources (including contributions)2015-12-31$8,689,334
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$14,564,275
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$14,423,470
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$21,033,753
Value of total assets at end of year2015-12-31$244,501,236
Value of total assets at beginning of year2015-12-31$250,600,488
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$140,805
Total interest from all sources2015-12-31$5,962
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$8,512,553
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$8,512,553
Administrative expenses professional fees incurred2015-12-31$79,005
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$50,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$14,995,941
Participant contributions at end of year2015-12-31$170,235
Participant contributions at beginning of year2015-12-31$273,339
Participant contributions at end of year2015-12-31$508,527
Participant contributions at beginning of year2015-12-31$389,759
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$674,328
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$269,146
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$3,754
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$157,149
Liabilities. Value of operating payables at end of year2015-12-31$94,455
Liabilities. Value of operating payables at beginning of year2015-12-31$15,450
Total non interest bearing cash at end of year2015-12-31$123,902
Total non interest bearing cash at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-5,874,941
Value of net assets at end of year (total assets less liabilities)2015-12-31$244,258,766
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$250,133,707
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$61,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$171,068,590
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$164,998,573
Interest on participant loans2015-12-31$5,962
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$22,019,715
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$22,827,940
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$22,827,940
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-11,417,132
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$50,121,586
Assets. Invements in employer securities at beginning of year2015-12-31$61,981,836
Contributions received in cash from employer2015-12-31$5,363,484
Employer contributions (assets) at end of year2015-12-31$219,535
Employer contributions (assets) at beginning of year2015-12-31$125,287
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$14,423,470
Liabilities. Value of benefit claims payable at end of year2015-12-31$33,316
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$294,182
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Liabilities. Value of acquisition indebtedness at end of year2015-12-31$114,699
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31PRICEWATERHOUSECOPPERS, LLP
Accountancy firm EIN2015-12-31660558530

Form 5500 Responses for POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN

2023: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: POPULAR, INC. PR SAVINGS AND INVESTMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
US 401k Lookup     VAT Lookup