Island Finance, Llc 401(k) Plan: Login, Facts & Contact Information

Island Finance, Llc 401(k) Plan Facts

Plan name
PLAN DE AHORRO EMPLEADOS ISLAND FINANCE
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ISLAND FINANCE, LLC
Participants
538 (516 active employees)
Former employees with a balance
0
Plan assets
$12,171,078 at Dec 31, 2024
Average account balance
$25,841 across 471 accounts
Employer contributions
$228,879 in plan year 2024 (27% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 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 Jul 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $834,721 went into the plan in contributions, $228,879 of it from the employer (27%).
  • $465,104 was paid out to participants.
  • Investment and other income added $1.54 million.
  • Administrative expenses were $69,059, about $147 per account.

How the Island Finance, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019659$8.38 million$150,816$329,341
2020647$9.66 million$184,873$619,077
2021563$10.9 million$171,648$662,815
2022486$9.14 million$170,841$688,052
2023476$10.3 million$199,561$1.13 million
2024538$12.2 million$228,879$465,104

Island Finance, Llc 401(k) Contact Information

Phone
787-773-7554
Mailing address
PO BOX 71504, SAN JUAN PR 00936
Plan sponsor
ISLAND FINANCE, LLC
Employer identification number (EIN)
66-0878299
Plan number
001

Questions about the Island Finance, Llc 401(k)

Does Island Finance, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $228,879, 27% of all contributions.

Does the Island Finance, Llc 401(k) have automatic enrollment?

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

How many people are in the Island Finance, Llc 401(k) plan?

538 participants at the start of plan year 2024, 516 of them active employees.

What is the average 401(k) balance at Island Finance, Llc?

About $25,841 per account: $12.2 million in plan assets across 471 accounts with a balance at the end of plan year 2024.

Who manages the Island Finance, Llc 401(k) accounts?

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

I no longer work at Island Finance, Llc. 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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