401(k) · DOL Form 5500 · 2022

Herbert Financial Group, LLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
10
Participants Small participant base
31st
Percentile by assets National rank
$171,207
Avg per participant Above avg balance/head
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Official DOL plan name: Herbert Financial Group, LLC 401(k) Profit Sharing Plan · Sponsored by Herbert Financial Group, LLC · Michigan · Finance & Insurance

$2M in assets, 10 participants

Herbert Financial Group, LLC's Herbert Financial Group, LLC 401(k) Profit Sharing Plan reported $2M in total assets and 10 participants in its 2022 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,961 in Finance & Insurance (9,261 peers)

Herbert Financial Group, LLC multi-year trail

Herbert Financial Group, LLC's plans moved +61.7% in assets from 2022 to 2024; this filing shows Herbert Financial Group, LLC 401(k) Profit Sharing Plan at $2M / 10 participants.

#1,961
in Finance & Insurance (9,261 peers)
-8.8%
assets change YoY

The plan reported a net loss of $166K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Herbert Financial Group, LLC 401(k) Profit Sharing Plan among the smaller filed plans by assets

Herbert Financial Group, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,712,074 31st percentile higher than 31% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Herbert Financial Group, LLC 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Herbert Financial Group, LLC 401(k) Profit Sharing Plan is a micro filing (10 participants), the leftmost band.

Form 5500 schedule snapshot

Filing strip 475207058 · Herbert Financial Group, LLC PY 2022 · 401(k)

Herbert Financial Group, LLC 401(k) Profit Sharing Plan · $2M · 10 · 31st

  • PHOTO $2M
  • PHOTO 10
  • PHOTO 31st
  • PHOTO 401(k)
  • PHOTO near Nursecore Management Services, LLC. 401(k) Profit Sharing Plan
  • PHOTO ind #1961

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Michigan →

Herbert Financial Group, LLC 401(k) Profit Sharing Plan in the asset neighbourhood

Herbert Financial Group, LLC 401(k) Profit Sharing PlanHerbert Financial Group, LLC…$2MNursecore Management Services, LLC. 401(k) Profit Sharing PlanNursecore Management Service…$2MWest Newton Dental Associates, LLC 401(k) PlanWest Newton Dental Associate…$2M35 Thousand Inc 401(k) Plan$2MSunrise Medical Associates, LLC 401(k) Profit Sharing PlanSunrise Medical Associates, …$2M
End-of-year total assets ($M) among Herbert Financial Group, LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Herbert Financial Group, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Herbert Financial Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3M 61.66526680505632% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.71M $2.77M ▲ +62.0%
Year Plans Participants Total Assets
2022 1 10 $2M
2023 1 12 $2M
2024 1 14 $3M

Herbert Financial Group, LLC filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$166K
Employer EIN475207058
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Herbert Financial Group, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Herbert Financial Group, LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.001712074 · Participants: 10Herbert Financial Group, LLC 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Herbert Financial Group, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Herbert Financial Group, LLC 401(k) Profit Sharing Plan side-by-side with 3 peers →

Herbert Financial Group, LLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Nursecore Management Services, LLC. 401(k) Profit Sharing Plan in TX ($2M); by covered participants it is P & M Gibbons, Inc. 401(k) Plan in UT (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Herbert Financial Group, LLC 401(k) Profit Sharing Plan assets move in 2022? ▼
Herbert Financial Group, LLC 401(k) Profit Sharing Plan pulled back noticeably - down 8.8% during 2022, from $2M to $2M. Reported net income was -$166K.
How have Herbert Financial Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Herbert Financial Group, LLC's sponsor-wide assets grew 61.7%, from $2M to $3M.
Which 401(k) plans are similar in size to Herbert Financial Group, LLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nursecore Management Services, LLC. 401(k) Profit Sharing Plan in TX ($2M, 338 participants).
Which 401(k) plans cover a similar participant headcount to Herbert Financial Group, LLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is P & M Gibbons, Inc. 401(k) Plan in UT (10 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 475207058.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.