Firstbank of Puerto Rico 401(k) and pension plans

Firstbank of Puerto Rico, San Juan, PR. EIN 66-0183103. Annual reports 2009–2025. Also filed as First Bank Florida; Firstbank PR; First Bank of Puerto Rico; First Bank.

Firstbank of Puerto Rico has 4 active retirement plans on file. The largest is the Firstbank 401(k) Retirement Plan for Residents of Puerto Rico, with 3,311 participants and $193 million in assets in 2025. Milliman has been its recordkeeper since 2009.

Active plans: 4
Participants: 5,801
Plan assets: $295 million
401(k) recordkeeper: Milliman
Plans on file: 4
Industry: Finance and insurance

All 4 plans

Active plans first

Firstbank 401(k) Retirement Plan for Residents of Puerto Rico

401(k)Active

Active. The plan filed its annual report for the 2025 plan year.

Plan number: 002Employer EIN 66-0183103
Participants (2025): 3,311
Net assets (2025): $193 million
Recordkeeper: Milliman2009–2025
Plan administrator: Administrative Committee
1130 Munoz Rivera Avenue, 2ND Floor
Rio Piedras, PR 00927
(787) 729-8179As filed for 2025
In effect since: May 15, 1965

Plans merged into this one: Plan de Ahorros Empleados Banco Santander (2020).

Earlier sponsor: First Bank of Puerto Rico (2016–2022).

Earlier plan names: First Bank 401(k) Retirement Plan for Residents of Puerto Rico.

Year by year, 2009 to 2025

Plan year	Participants	Net assets	Recordkeeper
2025	3,311	$193 million	Milliman
2024	3,472	$164 million	Milliman
2023	3,555	$143 million	Milliman
2022	3,476	$118 million	Milliman
2021	3,394	$134 million	Milliman
2020	3,499	$114 million	Milliman
2019	2,670	$63.8 million	Milliman
2018	2,416	$48.3 million	Milliman
2017	2,518	$49.2 million	Milliman
2016	2,598	$41.5 million	Milliman
2015	2,593	$35.4 million	Milliman
2014	2,300	$35.1 million	Milliman
2013	2,252	$30.3 million	Milliman
2012	2,331	$27.8 million	Milliman
2011	3,408	$23.9 million	Milliman
2010	5,072	$23.2 million	Milliman
2009	5,006	$21.5 million	Milliman

Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA

401(k)Active

Active. The plan filed its annual report for the 2025 plan year.

Plan number: 004Employer EIN 66-0183103
Participants (2025): 605
Net assets (2025): $28.9 million
Recordkeeper: Milliman2009–2025
Plan administrator: Administrative Committee
1130 Munoz Rivera Avenue, 2ND Floor
Rio Piedras, PR 00927
(787) 729-8179As filed for 2025
In effect since: September 1, 1991

Earlier sponsors: First Bank of Puerto Rico (2015–2022); First Bank (2019–2021).

Earlier plan names: Firstbank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and of the United States of America; First Bank 401(k) Retirement Plan for Residents of the U.S. Virgin Islands and the USA.

Year by year, 2009 to 2025

Plan year	Participants	Net assets	Recordkeeper
2025	605	$28.9 million	Milliman
2024	622	$26.1 million	Milliman
2023	590	$22.8 million	Milliman
2022	573	$19.6 million	Milliman
2021	556	$22.8 million	Milliman
2020	565	$20.4 million	Milliman
2019	567	$17.8 million	Milliman
2018	505	$14.0 million	not listed
2017	558	$13.9 million	Milliman
2016	550	$12.3 million	Milliman
2015	541	$11.6 million	Milliman
2014	436	$11.3 million	Milliman
2013	442	$10.1 million	Milliman
2012	446	$9.2 million	Milliman
2011	503	$8.3 million	Milliman
2010	798	$8.4 million	Milliman
2009	660	$5.9 million	Milliman

Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco Santander

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 66-0183103
Participants (2024): 1,542
Net assets (2024): $43.7 million
Last listed administrator: Principal2009
Plan administrator: Firstbank PR
Po Box 9146
San Juan, PR 00908
(787) 729-8179As filed for 2024
In effect since: April 1, 1978

Earlier sponsor: First Bank Florida (2009).

Earlier plan names: First Bank Florida Retirement Plan; Banco Santander de Puerto Rico Employees' Retirement Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	1,542	$43.7 million	not listed
2023	1,562	$46.8 million	not listed
2022	1,567	$46.4 million	not listed
2021	1,573	$65.2 million	not listed
2020	1,577	$64.2 million	not listed
2009	157	$2.3 million	Principal

Firstbank Puerto Rico Pension Plan for the Former Employees of Banco Central Hispano - Puerto Rico

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 003Employer EIN 66-0183103
Participants (2024): 343
Net assets (2024): $29.4 million
Plan administrator: Firstbank PR
Po Box 9146
San Juan, PR 00908
(787) 729-8179As filed for 2024
In effect since: December 1, 1970

Earlier sponsors: Banco Santander de Puerto Rico (2009–2010); Banco Santander Puerto Rico (2011–2018).

Earlier plan names: Banco Central Hispano-Puerto Rico Employees' Pension Plan; Banco Central Hispano - Puerto Rico Employees' Pension Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	343	$29.4 million	not listed
2023	354	$29.7 million	not listed
2022	369	$29.7 million	not listed
2021	379	$31.1 million	not listed
2020	387	$39.1 million	not listed
2019	405	$41.7 million	not listed
2018	420	$39.9 million	not listed
2017	440	$37.7 million	not listed
2016	450	$40.3 million	not listed
2015	455	$36.4 million	not listed
2014	463	$36.7 million	not listed
2013	477	$38.5 million	not listed
2012	500	$38.2 million	not listed
2011	513	$32.6 million	not listed
2010	524	$29.3 million	not listed
2009	529	$29.9 million	not listed

If you had money in one of these plans

Call Milliman, which runs the Firstbank 401(k) Retirement Plan for Residents of Puerto Rico. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((787) 729-8179). That number was filed for 2025; ask for the benefits or retirement plan office.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.