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How does Popular Master Plan help me?

The Popular Master Plan will help you simplify and reduce the costs of implementing and operating a plan. It makes this possible by providing a plan already in operation and qualified by the Puerto Rico Treasury Department. By using the bank as a trustee and record-keeper of the plan participants' accounts, all the services are consolidated under one institution, thereby increasing the efficiency of the plan's administration.

With the Popular Master Plan, we simplify the design and reduce the implementation and operational costs of your defined-contribution retirement plan by:

  • Handling the qualification of the Plan with the Puerto Rico Treasury Department.
  • Assisting you in the design and establishment of an appropriate investment policy to help you meet your fiduciary responsibility.
  • Processing plan distribution payments to participants.
  • Preparing the trust and/or participant's tax reports for the Puerto Rico Treasury Department and Form 5500.
  • Offering educational programs to participants, and much more.

Need more help?

We are receiving an extraordinary volume of calls, which is affecting our waiting times. We appreciate your understanding and your trust in us.

Call us at 787.724.3659 or Access Mi Banco Online (desktop version), log in by entering your username and password, and in the upper part of the website click on “Contact Us”. From there, write your message, and we will gladly assist you.

We encourage you to consult the following information regarding useful and accessible solutions for you.



FDIC Member. Products and services offered by Banco Popular de Puerto Rico.

1Withdrawals are subject to the availability of funds in your account.

2Deposits are subject to the provisions of the Bank’s Funds Availability Policy. Easy Deposit Mobile is a free service and only for Banco Popular customers with individual deposit accounts and/or commercial accounts (FlexiCuenta de Negocios® & B-Smart®). Customers selected in accordance with the Bank’s eligibility criteria. Checks deposited before 6:00 p.m. of a business day will be processed the same business day, subject to verification and deposit validation. In the back of the check to be deposited, enter your signature, account number and the phrase “For Deposit Only at BPPR.”