401(k) · DOL Form 5500 · 2022

Federated Hermes, Inc. 401(k) Plan

Data updated 2026-08-25

$550M
Total assets Above avg plan size
1,399
Participants Near avg headcount
98th
Percentile by assets National rank
$393,202
Avg per participant High balance/head
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Official DOL plan name: Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan · Sponsored by Federated Hermes, Inc. · Pennsylvania · Finance & Insurance

$550M in assets, 1,399 participants

Federated Hermes, Inc.'s Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan reported $550M in total assets and 1,399 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,929 in Finance & Insurance (9,261 peers)

Where Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan sits by assets

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan sits in the top 5% of all filed plans by assets, $550M for 1,399 participants (~$393,202/participant), down 16.7% in 2022.

#8,929
in Finance & Insurance (9,261 peers)
-16.7%
assets change YoY
5.5×
vs typical plan assets (national mean)

The plan reported a net loss of $110M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan's outsized position by total assets

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan vs every filed plan by assets

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

$550,089,653 Top 2% higher than 98% 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

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan lands in the large band (1,399 participants).

Plan-year Form 5500 strip

Filing strip 251111467 · Federated Hermes, Inc. PY 2022 · 401(k)

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan · $550M · 1,399 · 98th

  • BOOK $550M
  • VS-ST 1,399
  • BOY 98th
  • SCH 401(k)
  • EBSA near Apache Corporation 401(k) Savings Plan
  • PART ind #8929

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 Pennsylvania →

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan in the asset neighbourhood

Mitchell International, Inc. 401(k) Savings PlanMitchell International, Inc.…$551MApache Corporation 401(k) Savings PlanApache Corporation 401(k) Sa…$550MFederated Hermes, Inc. Employees Profit Sharing / 401(k) PlanFederated Hermes, Inc. Emplo…$550MMenasha Corporation 401(k) Retirement Savings PlanMenasha Corporation 401(k) R…$550MKelsey-Seybold 401(k) Plan$549M
End-of-year total assets ($M) among Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$660M
Net Assets (End of Year)$550M
Net Income-$110M
Employer EIN251111467
Plan Effective Date1960-12-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Federated Hermes, Inc.)

Sponsor-wide plan assets over time

All Federated Hermes, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$694M 26.074164132660027% vs 2022
2024 filing year
$500M$550M$600M$650M$700M$750M 202220232024 $550M $694M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 1,399 $550M
2023 1 1,412 $608M
2024 1 1,445 $694M

Nearby 401(k) Plans in Pennsylvania

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

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan, Total assets ($B): 0.550089653 · Participants: 1399Federated Hermes, Inc. Employees Profit Sharing / 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan side-by-side with 3 peers →

Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Apache Corporation 401(k) Savings Plan in TX ($550M); by covered participants it is Kaizen Dining 401(k) Plan & Trust in CA (1,399 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($550M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,399 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 Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan assets move in 2022? ▼
Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan declined sharply - down 16.7% during 2022, from $660M to $550M. Reported net income was -$110M.
How have Federated Hermes, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Federated Hermes, Inc.'s sponsor-wide assets grew 26.1%, from $550M to $694M.
Where does Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan rank by assets among Form 5500 filers? ▼
Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apache Corporation 401(k) Savings Plan in TX ($550M, 1,426 participants).
Which 401(k) plans cover a similar participant headcount to Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kaizen Dining 401(k) Plan & Trust in CA (1,399 participants, $136K 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 251111467.

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.