Profit Sharing · DOL Form 5500 · 2023

Ballester Hermanos Inc. Profit Sharing Plan

Data updated 2026-08-11

$30M
Total assets: 561
Participants: 79th
Percentile by assets: $52,694
Avg per participant

Official DOL plan name: Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan · Sponsored by Ballester Hermanos Inc. · Puerto Rico · Wholesale Trade

$30M in assets, 561 participants

Ballester Hermanos Inc.'s Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan reported $30M in total assets and 561 participants in its 2023 DOL Form 5500 filing, ranking in the 79th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

79th percentile by assets (of 127,072 plans)
#4,933 in Wholesale Trade (6,309 peers)

Coverage in Puerto Rico

Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan covers 561 participants in Puerto Rico, 6.3x the typical Puerto Rico plan (state average ~89 per filing). Assets: $30M.

$30M
total plan assets (2023 EOY): 561
covered participants: 79th
percentile by assets (of 127,072 plans): $52,694
avg assets per participant

Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan end-of-year assets rose from $23M in the plan year 2022 filing to $30M in the plan year 2023 filing.
Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan reported participants rose from 533 in the plan year 2022 filing to 561 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Puerto Rico

Industry

Wholesale Trade

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan reports 561 participants - 6.3x that state average ($30M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)	$23M
Net Assets (End of Year)	$29M
Net Income	$6M
Employer EIN	660175269
Plan Effective Date	2006-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Ballester Hermanos Inc.)

Total plan assets by year, all Ballester Hermanos Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	533	$23M
2023	1	561	$30M
2024	1	641	$36M

Nearby Profit Sharing Plans in Puerto Rico

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

The Retirement and Savings Plan for Amgen Manufacturing Limited LLC $719M · 2,713
Popular, Inc. Pr Savings and Investment Plan $701M · 8,134
The Savings Plan for Lilly Affiliate Employees in Puerto Rico $442M · 1,114
Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan $196M · 751
The Oriental Bank Coda Profit Sharing Plan $135M · 2,096

Compare Ballester Hermanos, Inc. Retirement Plan… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan by total assets, not by location.

Wmu Homer Stryker M.D. School of Medicine Employees' Retirement Plan (MI) $30M · 785
The Plumbers and Pipefitters of Southeastern Alaska Employees Supplemental Retirement Plan (AK) $30M · 139
Mohawk Northeast, Inc. Retirement Plan (CT) $30M · 245
Nan Ya Plastics Corporation, America Employees Pension Plan (NJ) $29M · 914

Frequently Asked Questions

How did Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan assets move in 2023? ▼

Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan grew sharply - up 27.8% during 2023, from $23M to $30M. Reported net income was $6M.

How have Ballester Hermanos Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Ballester Hermanos Inc.'s sponsor-wide assets grew 57.7%, from $23M to $36M.

Where does Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼

Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Wmu Homer Stryker M.D. School of Medicine Employees' Retirement Plan in MI ($30M, 785 participants).

Next read for Ballester Hermanos, Inc. Retirement Plan…

Filing takeaways

Ways to act on Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan's numbers.

By total assets, Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Puerto Rico. Compare plans
Ballester Hermanos Inc.'s sponsor-wide assets have grown 57.7% since 2022 across 3 plan years on file. More Wholesale Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 660175269.