B. Fernandez & Hnos., Inc. Retirement Savings Plan — Form 5500 plan (B. Fernandez & Hnos., Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, B. Fernandez & Hnos., Inc. Retirement Savings Plan is a benefit plan reported by B. Fernandez & Hnos., Inc. under EIN 66-0209037 and plan number 002. The latest loaded filing year is 2023. The filing reports 986 participants and $25,382,476 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
B. Fernandez & Hnos., Inc.
EIN
66-0209037
Plan number
002
Plan type
2
Location
San Juan, PR
Latest filing year
2023
Participants
986
End-of-year plan assets
$25,382,476

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023986H, C20241014093809NAL0052956930001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$25,382,476
Total liabilities (EOY)
$0
Net assets (EOY)
$25,382,476
Net assets (BOY)
$21,167,419

Income & contributions

Employer contributions
$634,032
Participant contributions
$1,714,010
Total contributions
$2,400,377
Total income / additions
$5,772,927

Expenses & distributions

Benefits paid
$1,398,938
Administrative expenses
$158,932
Total expenses
$1,557,870
Net increase / (decrease)
$4,215,057

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CoRECORDKEEPER$83,868$02023
Onedigital Investment Advisors LLCINVESTMENT ADVISOR$79,106$02023
A & A Employee Benefits ConsultingCONTRACT ADMIN$0$20,0002023

Related Form 5500 pages