B. Fernandez & Hnos., Inc. 401(k) Plan: Login, Facts & Contact Information

B. Fernandez & Hnos., Inc. 401(k) Plan Facts

Plan name
B. FERNANDEZ & HNOS., INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) and profit sharing
Plan sponsor
B. FERNANDEZ & HNOS., INC.
Participants
1,067 (950 active employees)
Former employees with a balance
218
Plan assets
$27,950,088 at Dec 31, 2024
Average account balance
$31,689 across 882 accounts
Employer contributions
$629,853 in plan year 2024 (25% of all contributions)
Recordkeeper
Empower Annuity Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2000
— Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.52 million went into the plan in contributions, $629,853 of it from the employer (25%).
  • $2.87 million was paid out to participants.
  • Investment and other income added $3.10 million.
  • Administrative expenses were $181,383, about $206 per account.

How the B. Fernandez & Hnos., Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019957$23.1 million$572,048$546,051
20201,020$23.1 million$575,014$4.15 million
2021993$27.0 million$593,178$1.21 million
2022956$21.2 million$604,945$3.89 million
2023986$25.4 million$634,032$1.40 million
20241,067$28.0 million$629,853$2.87 million

B. Fernandez & Hnos., Inc. 401(k) Contact Information

Phone
787-288-7241
Mailing address
PO BOX 363629, SAN JUAN PR 009363629
Plan sponsor
B. FERNANDEZ & HNOS., INC.
Employer identification number (EIN)
66-0209037
Plan number
002

Questions about the B. Fernandez & Hnos., Inc. 401(k)

Does B. Fernandez & Hnos., Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $629,853 in employer contributions for plan year 2024.

Does the B. Fernandez & Hnos., Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the B. Fernandez & Hnos., Inc 401(k) plan?

1,067 participants at the start of plan year 2024, 950 of them active employees, and 218 former employees who still had money in the plan.

What is the average 401(k) balance at B. Fernandez & Hnos., Inc?

About $31,689 per account: $28.0 million in plan assets across 882 accounts with a balance at the end of plan year 2024.

Who manages the B. Fernandez & Hnos., Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at B. Fernandez & Hnos., Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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