401(k) · DOL Form 5500 · 2023

Herson's, Inc 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
150
Participants Small participant base
65th
Percentile by assets National rank
$89,808
Avg per participant Below avg balance/head
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Official DOL plan name: Herson's, Inc 401(k) Profit Sharing Plan · Sponsored by Herson's, Inc · Maryland · Retail Trade

$13M in assets, 150 participants

Herson's, Inc's Herson's, Inc 401(k) Profit Sharing Plan reported $13M in total assets and 150 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,380 in Retail Trade (8,414 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: $13M.

#6,380
in Retail Trade (8,414 peers)
+16.8%
assets growth YoY

Herson's, Inc 401(k) Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$13,471,141 Top 35% higher than 65% of 127,068 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 2023

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

Plan-year 2023 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).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Herson's, Inc 401(k) Profit Sharing Plan reported net income rose from -$935K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Herson's, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 520908995 · Herson's, Inc PY 2023 · 401(k)

Herson's, Inc 401(k) Profit Sharing Plan · $13M · 150 · 65th

  • 5500 $13M
  • 5500 150
  • 5500 65th
  • 5500 401(k)
  • 5500 near Foundation Source 401(k) Plan
  • 5500 ind #6380

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

Herson's, Inc 401(k) Profit Sharing PlanHerson's, Inc 401(k) Profit …$13MFoundation Source 401(k) Plan$13MMaxx Properties 401(k) Plan$13MThe Garrett State Bank 401(k) Employee Stock Ownership PlanThe Garrett State Bank 401(k…$13MOklahoma Arthritis Center, P.C. Profit Sharing PlanOklahoma Arthritis Center, P…$13M
End-of-year total assets ($M) among Herson's, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$2M
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. -50000050000100000150000 -200204060 Total assets ($B) Participants Herson's, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.013471141 · Participants: 150Herson's, Inc 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 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
Compare Herson's, Inc 401(k) Profit Sharing Plan side-by-side with 3 peers →

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 Foundation Source 401(k) Plan in CT ($13M); by covered participants it is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (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 2023. 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 2023? ▼
Herson's, Inc 401(k) Profit Sharing Plan grew sharply - up 16.8% during 2023, from $12M to $13M. Reported net income was $2M.
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 Foundation Source 401(k) Plan in CT ($13M, 209 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 San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (150 participants, $867K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 520908995.

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.