# Ballester Hermanos INC. DC Plan
Source: https://planprovider.pro/companies/ballester-hermanos-inc-plan

> Ballester Hermanos INC.'s DC plan: 794 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ballester Hermanos INC.

- **Sponsor EIN:** 660175269

- **Sponsor Address:** PO BOX 364548, SAN JUAN, PR, 00936

- **Plan Type:** DC

- **Total Participants:** 794

- **Total Assets:** $36.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|794|$36.5M|$966,441|$2.1M|

| 2023|552|$29.6M|$810,415|$2.0M|

| 2022|557|$23.1M|$1.0M|$1.9M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| BPPR - POPULAR FIDUCIARY SERVICES|TRUSTEE / RK|$83,312|$785|$84,097|

| DRIVEN PSC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DRIVEN PSC](https://planprovider.pro/provider/driven-psc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $84,097

- **Estimated Expense Ratio:** 0.231% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$87,237|—|—|—|—|

| 2023|$65,966|—|—|—|—|

| 2022|$90,841|—|—|—|$90,841|

## Similar Plans

- [V. Suarez & Co. INC.](https://planprovider.pro/companies/v-suarez-co-inc-plan-002) — 545 participants

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