Ballester Hermanos Inc. 401(k) Plan: Login, Facts & Contact Information

Ballester Hermanos Inc. 401(k) Plan Facts

Plan name
BALLESTER HERMANOS, INC. RETIREMENT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
BALLESTER HERMANOS INC.
Participants
680 (794 active employees)
Former employees with a balance
20
Plan assets
$36,482,534 at Dec 31, 2024
Average account balance
$44,491 across 820 accounts
Employer contributions
$966,441 in plan year 2024 (30% of all contributions)
Recordkeeper
Bppr - Popular Fiduciary Services
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2006
— 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.28 million went into the plan in contributions, $966,441 of it from the employer (30%).
  • $576,921 was paid out to participants.
  • Investment and other income added $4.39 million.
  • Administrative expenses were $87,237, about $106 per account.

How the Ballester Hermanos Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019470$18.6 million$648,377$654,392
2020523$21.9 million$660,179$2.06 million
2021559$26.7 million$737,060$417,760
2022714$23.1 million$1.01 million$1.82 million
2023733$29.6 million$810,415$988,331
2024680$36.5 million$966,441$576,921

Ballester Hermanos Inc. 401(k) Contact Information

Phone
787-788-4110
Mailing address
PO BOX 364548, SAN JUAN PR 00936
Plan sponsor
BALLESTER HERMANOS INC.
Employer identification number (EIN)
66-0175269
Plan number
001

Questions about the Ballester Hermanos Inc. 401(k)

Does Ballester Hermanos Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $966,441 in employer contributions for plan year 2024.

Does the Ballester Hermanos Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Ballester Hermanos Inc 401(k) plan?

680 participants at the start of plan year 2024, 794 of them active employees, and 20 former employees who still had money in the plan.

What is the average 401(k) balance at Ballester Hermanos Inc?

About $44,491 per account: $36.5 million in plan assets across 820 accounts with a balance at the end of plan year 2024.

Who manages the Ballester Hermanos Inc 401(k) accounts?

BPPR - POPULAR FIDUCIARY SERVICES is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Ballester Hermanos Inc. How do I access my 401(k)?

Your account stays with BPPR - POPULAR FIDUCIARY SERVICES 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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