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FOUNDATION FOR PUERTO RICO RETIREMENT PLAN 401k Plan overview

Plan NameFOUNDATION FOR PUERTO RICO RETIREMENT PLAN
Plan identification number 001

FOUNDATION FOR PUERTO RICO RETIREMENT 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.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.

401k Sponsoring company profile

FOUNDATION FOR PUERTO RICO, INC. has sponsored the creation of one or more 401k plans.

Company Name:FOUNDATION FOR PUERTO RICO, INC.
Employer identification number (EIN):660776227
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOUNDATION FOR PUERTO RICO RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ALEXANDER RIVERA-CRUZ2024-07-12
0012022-01-01ALEXANDER RIVERA-CRUZ2023-07-25
0012021-01-01ALEXANDER RIVERA-CRUZ2022-07-30
0012020-01-01ALEXANDER RIVERA-CRUZ2021-07-23
0012019-01-01ALEXANDER RIVERA-CRUZ2020-07-20
0012018-01-01ALEXANDER RIVERA-CRUZ2019-07-29
0012017-01-01ALEXANDER RIVERA-CRUZ2018-07-31
0012016-01-01PEDRO LATORRE2017-07-22
0012015-01-01ALEXANDER RIVERA-CRUZ2016-07-27
0012015-01-01PEDRO LATORRE2016-10-11
0012014-01-01DAMARIS OCASIO2015-03-25

Plan Statistics for FOUNDATION FOR PUERTO RICO RETIREMENT PLAN

401k plan membership statisitcs for FOUNDATION FOR PUERTO RICO RETIREMENT PLAN

Measure Date Value
2025: FOUNDATION FOR PUERTO RICO RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-1941
Total number of particpants at end of year2025-07-1941
Number of Participants With Account Balances2025-07-197
2024: FOUNDATION FOR PUERTO RICO RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-1246
Total number of particpants at end of year2024-07-1241
Number of Participants With Account Balances2024-07-127
2022: FOUNDATION FOR PUERTO RICO RETIREMENT PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-3040
Total number of particpants at end of year2022-07-3040
Number of Participants With Account Balances2022-07-307

Financial Data on FOUNDATION FOR PUERTO RICO RETIREMENT PLAN

Measure Date Value
2025 : FOUNDATION FOR PUERTO RICO RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-191435
Net assets as of the end of the plan year2025-07-19128224
Total assets as of the beginning of the plan year2025-07-1992732
Participant contributions to plan in this plan year2025-07-1922661
Other income to plan in this plan year2025-07-1914266
Plan net income in this plan year2025-07-1935492
Net assets as of the end of the plan year2025-07-19128224
Net assets as of the beginning of the plan year2025-07-1992732
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-191435
2024 : FOUNDATION FOR PUERTO RICO RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1211392
Net assets as of the end of the plan year2024-07-1292732
Total assets as of the beginning of the plan year2024-07-1259685
Participant contributions to plan in this plan year2024-07-1230438
Other income to plan in this plan year2024-07-1214001
Plan net income in this plan year2024-07-1233047
Net assets as of the end of the plan year2024-07-1292732
Net assets as of the beginning of the plan year2024-07-1259685
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-121064
2022 : FOUNDATION FOR PUERTO RICO RETIREMENT PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-3014833
Net assets as of the end of the plan year2022-07-3059693
Total assets as of the beginning of the plan year2022-07-3045996
Participant contributions to plan in this plan year2022-07-3022423
Other income to plan in this plan year2022-07-306107
Plan net income in this plan year2022-07-3013697
Net assets as of the end of the plan year2022-07-3059693
Net assets as of the beginning of the plan year2022-07-3045996
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-30561

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