401(k) · DOL Form 5500 · 2022

Harbert Management Corporation 401(k) Plan

Data updated 2026-08-11

$81M
Total assets
227
Participants
92nd
Percentile by assets
$356,331
Avg per participant
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Official DOL plan name: Harbert Retirement Plan · Sponsored by Harbert Management Corporation · Alabama · Finance & Insurance

$81M in assets, 227 participants

Harbert Management Corporation's Harbert Retirement Plan reported $81M in total assets and 227 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #8,004 in Finance & Insurance (9,261 peers)

Where Harbert Retirement Plan sits by assets

Harbert Retirement Plan sits in the top 10% of all filed plans by assets, $81M for 227 participants (~$356,331/participant), down 19.8% in 2022.

$81M
total plan assets (2022 EOY)
227
covered participants
92nd
percentile by assets (of 139,126 plans)
$356,331
avg assets per participant

The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Harbert Retirement Plan sits by total assets

Harbert Retirement Plan vs every filed plan by assets

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

$80,887,168 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Alabama
Industry
Finance & Insurance

Harbert Retirement Plan vs the 2022 asset distribution

By assets, Harbert Retirement Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$81M
Net Income-$20M
Employer EIN631105435
Plan Effective Date1988-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Harbert Management Corporation)

$70M$80M$90M$100M$110M$120M 202220232024 $80.9M $109M ▲ +34.3%
Total plan assets by year, all Harbert Management Corporation plans on file
Year Plans Participants Total Assets
2022 1 227 $81M
2023 1 236 $97M
2024 1 238 $109M

Nearby 401(k) Plans in Alabama

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

Harbert Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Harbert Retirement P…, Total assets ($B): 0.080887168 · Participants: 227Harbert Retirement P…Regions Financial Co…, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Co…Encompass Health Cor…, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Cor…Hexagon Employee Ret…, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Ret…Vulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. I…, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. I…
Harbert Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Harbert Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Harbert Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Harbert Retirement Plan assets move in 2022? ▼
Harbert Retirement Plan declined sharply - down 19.8% during 2022, from $101M to $81M. Reported net income was -$20M.
How have Harbert Management Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Harbert Management Corporation's sponsor-wide assets grew 34.3%, from $81M to $109M.
Where does Harbert Retirement Plan rank by assets among Form 5500 filers? ▼
Harbert Retirement Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Harbert Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Townsquare Media, Inc. 401(k) Plan in NY ($81M, 2,060 participants).

Next read for Harbert Retirement Plan

Scale reading

Ways to act on Harbert Retirement Plan's numbers.

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 631105435.

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.