401(k) · DOL Form 5500 · 2022
Federated Hermes, Inc. 401(k) Plan
Data updated 2026-08-11
- $550M
- Total assets
- 1,399
- Participants
- 98th
- Percentile by assets
- $393,202
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $550M
- total plan assets (2022 EOY)
- 1,399
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $393,202
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 5.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $660M |
|---|---|
| Net Assets (End of Year) | $550M |
| Net Income | -$110M |
| Employer EIN | 251111467 |
| Plan Effective Date | 1960-12-23 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Federated Hermes, Inc.)
| 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
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan by total assets, not by location.
- Apache Corporation 401(k) Savings Plan (TX) $550M · 1,426
- Menasha Corporation 401(k) Retirement Savings Plan (WI) $550M · 4,327
- Kelsey-Seybold 401(k) Plan (MN) $549M · 4,412
- Mitchell International, Inc. 401(k) Savings Plan (CA) $551M · 5,734
Frequently Asked Questions
How did Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan assets move in 2022? ▼
How have Federated Hermes, Inc. plan assets changed over time? ▼
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Next read for Federated Hermes, Inc. Employees Profit …
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Ways to act on Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan's numbers.
- By total assets, Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Federated Hermes, Inc.'s sponsor-wide assets have grown 26.1% since 2022 across 3 plan years on file. More Finance & Insurance plans