401(k) · DOL Form 5500 · 2022

Herson's, Inc 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
150
Participants Small participant base
68th
Percentile by assets National rank
$76,899
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Herson's, Inc 401(k) Profit Sharing Plan · Sponsored by Herson's, Inc · Maryland · Retail Trade

$12M in assets, 150 participants

Herson's, Inc's Herson's, Inc 401(k) Profit Sharing Plan reported $12M in total assets and 150 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #7,461 in Retail Trade (9,519 peers)

Coverage in Maryland

Herson's, Inc 401(k) Profit Sharing Plan covers 150 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $12M.

#7,461
in Retail Trade (9,519 peers)
-7.5%
assets change YoY

The plan reported a net loss of $935K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Herson's, Inc 401(k) Profit Sharing Plan's outsized position by total assets

Herson's, Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,534,895 Top 32% higher than 68% 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

Herson's, Inc 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Herson's, Inc 401(k) Profit Sharing Plan sits mid-pack in the medium band (150 participants).

DOL schedule card

Filing strip 520908995 · Herson's, Inc PY 2022 · 401(k)

Herson's, Inc 401(k) Profit Sharing Plan · $12M · 150 · 68th

  • BOY $12M
  • SCH 150
  • EBSA 68th
  • PART 401(k)
  • TYPE near Don Franklin Auto 401(k) Plan
  • NET ind #7461

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 Retail Trade retirement plans → · Plans in Maryland →

Herson's, Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Cmc Energy Services Profit Sharing and 401 (K) PlanCmc Energy Services Profit S…$12MHerson's, Inc 401(k) Profit Sharing PlanHerson's, Inc 401(k) Profit …$12MDon Franklin Auto 401(k) Plan$12MNorthern Metal Products 401(k) Profit Sharing PlanNorthern Metal Products 401(…$12MLintech Global Inc. 401(k) Profit Sharing PlanLintech Global Inc. 401(k) P…$12M
End-of-year total assets ($M) among Herson's, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income-$935K
Employer EIN520908995
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herson's, Inc)

Sponsor-wide plan assets over time

All Herson's, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$15M 29.891117344371143% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.5M $15M ▲ +29.9%
Year Plans Participants Total Assets
2022 1 150 $12M
2023 1 150 $13M
2024 1 153 $15M

Nearby 401(k) Plans in Maryland

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

Herson's, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Herson's, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.011534895 · Participants: 150Herson's, Inc 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Herson's, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Herson's, Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Don Franklin Auto 401(k) Plan in KY ($12M); by covered participants it is H5 401(k) Plan in WA (150 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (150 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 Herson's, Inc 401(k) Profit Sharing Plan assets move in 2022?
Herson's, Inc 401(k) Profit Sharing Plan pulled back noticeably - down 7.5% during 2022, from $12M to $12M. Reported net income was -$935K.
How have Herson's, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Herson's, Inc's sponsor-wide assets grew 29.9%, from $12M to $15M.
Which 401(k) plans are similar in size to Herson's, Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Don Franklin Auto 401(k) Plan in KY ($12M, 732 participants).
Which 401(k) plans cover a similar participant headcount to Herson's, Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is H5 401(k) Plan in WA (150 participants, N/A in assets).