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Company:
FirstBank of Puerto Rico
Plan:
FirstBank 401k Retirement Plan for Residents of Puerto Rico
 

FirstBank of Puerto Rico

46 Plan:

 
 
46
41
65
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (46) and the top rated plan (80) could equate to:
[How is this calculated?]
14 additional years of work
Up to $249,500 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

FirstBank 401k Retirement Plan for Residents of Puerto Rico is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. This plan is in the top 15% of plans for Total Plan Cost. FirstBank 401k Retirement Plan for Residents of Puerto Rico currently has over 5,000 active participants and over $23.0M in plan assets.

 

 Retirement Plan Details

Address 1519 Ponce De Leon Avenue, Stop 23
San Juan, PR 00909-1728 
Industry Commercial Banking
Administrator Migdalia Lebron-Marbelt
Sponsor Aida M. Garcia
Net Plan Assets $23,000,000
Total Participants 5,100
Avg Account Balance $4,600

 Top 3 Funds in this 401k

1. Schwab Value Advantage Money 25%
2. Vanguard 500 Index 15%
3. Harbor International 11%

  Plan Service Providers

Recordkeeper Milliman
Auditor PricewaterhouseCoopers LLP

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