Profit Sharing · DOL Form 5500 · 2024

Herman Born & Sons, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
19
Participants Small participant base
25th
Percentile by assets National rank
$63,928
Avg per participant Low balance/head
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Official DOL plan name: Herman Born & Sons, Inc. Profit Sharing Plan · Sponsored by Herman Born & Sons, Inc. · Maryland · Other Services

$1M in assets, 19 participants

Herman Born & Sons, Inc.'s Herman Born & Sons, Inc. Profit Sharing Plan reported $1M in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #3,799 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Herman Born & Sons, Inc. Profit Sharing Plan ranks #3,799 of 7,719 2024 filers by assets (1652% of the sector average)-$1M for 19 participants.

#3,799
in Other Services (7,719 peers)
+10.8%
assets growth YoY

Herman Born & Sons, Inc. Profit Sharing Plan among the smaller filed plans by assets

Herman Born & Sons, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,214,637 25th percentile higher than 25% of 123,620 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 2024

Herman Born & Sons, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Herman Born & Sons, Inc. Profit Sharing Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Herman Born & Sons, Inc. Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Herman Born & Sons, Inc. Profit Sharing Plan reported net income fell from $126K in the plan year 2023 filing to $118K in the plan year 2024 filing.
  • Herman Born & Sons, Inc. Profit Sharing Plan reported participants fell from 20 in the plan year 2023 filing to 19 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 520251580 · Herman Born & Sons, Inc. PY 2024 · Profit Sharing

Herman Born & Sons, Inc. Profit Sharing Plan · $1M · 19 · 25th

  • SCH $1M
  • EBSA 19
  • PART 25th
  • TYPE Profit Sharing
  • NET near Jrc Education Services Management, Inc. Retirement Plan
  • BOOK ind #3799

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 Other Services retirement plans → · Plans in Maryland →

Herman Born & Sons, Inc. Profit Sharing Plan in the asset neighbourhood

Medical Business Consultants, Inc. Profit SharingMedical Business Consultants…$1MIndustrial Steering Products, Inc Profit Sharing Plan and TrustIndustrial Steering Products…$1MHerman Born & Sons, Inc. Profit Sharing PlanHerman Born & Sons, Inc. Pro…$1MJrc Education Services Management, Inc. Retirement PlanJrc Education Services Manag…$1MPoseidon Consultants Inc. Profit Sharing PlanPoseidon Consultants Inc. Pr…$1M
End-of-year total assets ($M) among Herman Born & Sons, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$118K
Employer EIN520251580
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herman Born & Sons, Inc.)

Sponsor-wide plan assets over time

All Herman Born & Sons, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 25.191786201288156% vs 2022
2024 filing year
$0.9M$1M$1.1M$1.2M$1.3M 202220232024 $0.97M $1.21M ▲ +24.7%
Year Plans Participants Total Assets
2022 1 19 $970K
2023 1 20 $1M
2024 1 19 $1M

Nearby Profit Sharing Plans in Maryland

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Herman Born & Sons, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Herman Born & Sons, Inc. Profit Sharing Plan, Total assets ($B): 0.001214637 · Participants: 19Herman Born & Sons, Inc. Profit Sharing PlanSprinkler Industry Supplemental Pension Fund, Total assets ($B): 3.329766186 · Participants: 28393Sprinkler Industry Supplemental Pension FundNfl Player Annuity Program, Total assets ($B): 1.965106048 · Participants: 2745Nfl Player Annuity ProgramUniversity of Maryland Medical System 403(b) Retirement Savings Plan, Total assets ($B): 0.730469763 · Participants: 19560University of Maryland Medical System 403(b) Retirement Savings PlanNfl Player Capital Accumulation Plan, Total assets ($B): 0.706794055 · Participants: 2693Nfl Player Capital Accumulation PlanInternational Painters and Allied Trades Industry Annuity Plan, Total assets ($B): 0.64371577 · Participants: 10721International Painters and Allied Trades Industry Annuity Plan
Herman Born & Sons, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants
Compare Herman Born & Sons, Inc. Profit Sharing Plan side-by-side with 3 peers →

Herman Born & Sons, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Maryland, the nearest Profit Sharing by assets is Jrc Education Services Management, Inc. Retirement Plan in PR ($1M); by covered participants it is V Dudziak Inc. Retirement Plan in CA (19 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Herman Born & Sons, Inc. Profit Sharing Plan assets move in 2024? ▼
Herman Born & Sons, Inc. Profit Sharing Plan grew at a solid clip - up 10.8% during 2024, from $1M to $1M. Reported net income was $118K.
How have Herman Born & Sons, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Herman Born & Sons, Inc.'s sponsor-wide assets grew 25.2%, from $970K to $1M.
Where does Herman Born & Sons, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Herman Born & Sons, Inc. Profit Sharing Plan ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Herman Born & Sons, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Jrc Education Services Management, Inc. Retirement Plan in PR ($1M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Herman Born & Sons, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is V Dudziak Inc. Retirement Plan in CA (19 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 520251580.

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.