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

Promesa, Inc. 401(k) Plan Facts

Plan name
PROMESA, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PROMESA, INC.
Participants
848 (423 active employees)
Former employees with a balance
408
Plan assets
$23,613,593 at Dec 31, 2024
Average account balance
$29,591 across 798 accounts
Employer contributions
$1,144,133 in plan year 2024 (36% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1977
✓ 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

  • $3.15 million went into the plan in contributions, $1.14 million of it from the employer (36%).
  • $3.88 million was paid out to participants.
  • Investment and other income added $2.67 million.
  • Administrative expenses were $50,610, about $63 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019653$17.3 million$945,316$905,795
2020672$20.0 million$1.04 million$2.03 million
2021719$22.2 million$1.06 million$3.06 million
2022751$19.1 million$1.09 million$1.92 million
2023785$22.1 million$1.14 million$2.84 million
2024848$23.6 million$1.14 million$3.88 million

Promesa, Inc. 401(k) Contact Information

Phone
718-960-7613
Mailing address
1776 CLAY AVE, BRONX NY 10457
Plan sponsor
PROMESA, INC.
Employer identification number (EIN)
13-2663328
Plan number
002

Questions about the Promesa, Inc. 401(k)

Does Promesa, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.14 million, 36% of all contributions.

Does the Promesa, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Promesa, Inc 401(k) plan?

848 participants at the start of plan year 2024, 423 of them active employees, and 408 former employees who still had money in the plan.

What is the average 401(k) balance at Promesa, Inc?

About $29,591 per account: $23.6 million in plan assets across 798 accounts with a balance at the end of plan year 2024.

Who manages the Promesa, Inc 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with ADP Retirement 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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