401(k) · DOL Form 5500 · 2022

Hermes Abrasives, Ltd. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
107
Participants Small participant base
70th
Percentile by assets National rank
$120,270
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hermes Abrasives, Ltd. Retirement Savings Plan · Sponsored by Hermes Abrasives, Ltd. · Virginia · Manufacturing

$13M in assets, 107 participants

Hermes Abrasives, Ltd.'s Hermes Abrasives, Ltd. Retirement Savings Plan reported $13M in total assets and 107 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #12,037 in Manufacturing (20,602 peers)

Coverage in Virginia

Hermes Abrasives, Ltd. Retirement Savings Plan covers 107 participants in Virginia, about 14% of the average Virginia filer (state average ~782 per filing). Assets: $13M.

#12,037
in Manufacturing (20,602 peers)
-20.8%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hermes Abrasives, Ltd. Retirement Savings Plan's outsized position by total assets

Hermes Abrasives, Ltd. Retirement Savings Plan vs every filed plan by assets

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

$12,868,942 Top 30% higher than 70% 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

Hermes Abrasives, Ltd. Retirement Savings 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. Hermes Abrasives, Ltd. Retirement Savings Plan sits mid-pack in the medium band (107 participants).

Form 5500 schedule snapshot

Filing strip 541121825 · Hermes Abrasives, Ltd. PY 2022 · 401(k)

Hermes Abrasives, Ltd. Retirement Savings Plan · $13M · 107 · 70th

  • VS-ST $13M
  • VS-ST 107
  • VS-ST 70th
  • VS-ST 401(k)
  • VS-ST near US Healthvest Group 401(k) Plan
  • VS-ST ind #12037

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 Manufacturing retirement plans → · Plans in Virginia →

Hermes Abrasives, Ltd. Retirement Savings Plan in the asset neighbourhood

Hermes Abrasives, Ltd. Retirement Savings PlanHermes Abrasives, Ltd. Retir…$13MUS Healthvest Group 401(k) PlanUS Healthvest Group 401(k) P…$13MWenzel Metal Spinning, Inc. 401(k) Profit Sharing PlanWenzel Metal Spinning, Inc. …$13MCaminar 401(k) Plan$13MPrecision Medical, Inc. 401(k) Profit Sharing PlanPrecision Medical, Inc. 401(…$13M
End-of-year total assets ($M) among Hermes Abrasives, Ltd. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN541121825
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hermes Abrasives, Ltd.)

Sponsor-wide plan assets over time

All Hermes Abrasives, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 1.6480298069569355% vs 2022
2024 filing year
$12.6M$12.8M$13M$13.2M 202220232024 $12.9M $12.7M ▼ -1.6%
Year Plans Participants Total Assets
2022 1 107 $13M
2023 1 98 $13M
2024 1 100 $13M

Nearby 401(k) Plans in Virginia

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

Hermes Abrasives, Ltd. Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Hermes Abrasives, Ltd. Retirement Savings Plan, Total assets ($B): 0.012868942 · Participants: 107Hermes Abrasives, Ltd. Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Hermes Abrasives, Ltd. Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Hermes Abrasives, Ltd. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is US Healthvest Group 401(k) Plan in IL ($13M); by covered participants it is First National Bank in Howell 401 (K) Plan in MI (107 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (107 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 Hermes Abrasives, Ltd. Retirement Savings Plan assets move in 2022?
Hermes Abrasives, Ltd. Retirement Savings Plan declined sharply - down 20.8% during 2022, from $16M to $13M. Reported net income was -$3M.
How have Hermes Abrasives, Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hermes Abrasives, Ltd.'s sponsor-wide assets declined 1.6%, from $13M to $13M.
Which 401(k) plans are similar in size to Hermes Abrasives, Ltd. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is US Healthvest Group 401(k) Plan in IL ($13M, 1,759 participants).
Which 401(k) plans cover a similar participant headcount to Hermes Abrasives, Ltd. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is First National Bank in Howell 401 (K) Plan in MI (107 participants, N/A in assets).