401(k) · DOL Form 5500 · 2023

Hermes Abrasives, Ltd. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
98
Participants Small participant base
64th
Percentile by assets National rank
$133,666
Avg per participant Near avg balance/head
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Official DOL plan name: Hermes Abrasives, Ltd. Retirement Savings Plan · Sponsored by Hermes Abrasives, Ltd. · Virginia · Manufacturing

$13M in assets, 98 participants

Hermes Abrasives, Ltd.'s Hermes Abrasives, Ltd. Retirement Savings Plan reported $13M in total assets and 98 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #9,741 in Manufacturing (18,722 peers)

What the 2023 filing shows

Hermes Abrasives, Ltd. Retirement Savings Plan holds $13M for 98 participants - about $133,666 per participant, above the median plan by assets.

#9,741
in Manufacturing (18,722 peers)
+1.8%
assets growth YoY

Hermes Abrasives, Ltd. Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$13,099,300 Top 36% higher than 64% 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

Hermes Abrasives, Ltd. Retirement Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hermes Abrasives, Ltd. Retirement Savings Plan is a small filing (98 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hermes Abrasives, Ltd. Retirement Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $230K in the plan year 2023 filing.
  • Hermes Abrasives, Ltd. Retirement Savings Plan reported participants fell from 107 in the plan year 2022 filing to 98 in the plan year 2023 filing.
  • Hermes Abrasives, Ltd. Retirement Savings Plan end-of-year assets rose from $13M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541121825 · Hermes Abrasives, Ltd. PY 2023 · 401(k)

Hermes Abrasives, Ltd. Retirement Savings Plan · $13M · 98 · 64th

  • IND $13M
  • EOY 98
  • 5500 64th
  • ASSETS 401(k)
  • PCT near 403(b) Thrift Plan for Employees of Family and Children's Association, Inc.
  • EIN ind #9741

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…$13M403(b) Thrift Plan for Employees of Family and Children's Association, Inc.403(b) Thrift Plan for Emplo…$13MWorldwide Supply Chain Solutions, Inc. 401(k) Plan & TrustWorldwide Supply Chain Solut…$13MDanhil Containers II, Ltd. 401(k) Profit Sharing PlanDanhil Containers II, Ltd. 4…$13MChinese Community Health Plan 401(k) PlanChinese Community Health Pla…$13M
End-of-year total assets ($M) among Hermes Abrasives, Ltd. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income$230K
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. -50000050000100000150000 -10010203040 Total assets ($B) Participants Hermes Abrasives, Ltd. Retirement Savings Plan, Total assets ($B): 0.0130993 · Participants: 98Hermes Abrasives, Ltd. Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Hermes Abrasives, Ltd. Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Hermes Abrasives, Ltd. Retirement Savings Plan side-by-side with 3 peers →

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 403(b) Thrift Plan for Employees of Family and Children's Association, Inc. in NY ($13M); by covered participants it is Blanco Enterprises 1081. 01(D) Retirement Plan in PR (98 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (98 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 Hermes Abrasives, Ltd. Retirement Savings Plan assets move in 2023? ▼
Hermes Abrasives, Ltd. Retirement Savings Plan edged up modestly - up 1.8% during 2023, from $13M to $13M. Reported net income was $230K.
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 403(b) Thrift Plan for Employees of Family and Children's Association, Inc. in NY ($13M, 390 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 Blanco Enterprises 1081. 01(D) Retirement Plan in PR (98 participants, $81K 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 541121825.

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.