401(k) · DOL Form 5500 · 2024

Herbert Financial Group, LLC 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
14
Participants Small participant base
33rd
Percentile by assets National rank
$197,702
Avg per participant Above avg balance/head
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Official DOL plan name: Herbert Financial Group, LLC 401(k) Profit Sharing Plan · Sponsored by Herbert Financial Group, LLC · Michigan · Finance & Insurance

$3M in assets, 14 participants

Herbert Financial Group, LLC's Herbert Financial Group, LLC 401(k) Profit Sharing Plan reported $3M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #1,837 in Finance & Insurance (8,549 peers)

Herbert Financial Group, LLC multi-year trail

Herbert Financial Group, LLC's plans moved +61.7% in assets from 2022 to 2024; this filing shows Herbert Financial Group, LLC 401(k) Profit Sharing Plan at $3M / 14 participants.

#1,837
in Finance & Insurance (8,549 peers)
+28.6%
assets growth YoY

Herbert Financial Group, LLC 401(k) Profit Sharing Plan among the smaller filed plans by assets

Herbert Financial Group, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$2,767,829 33rd percentile higher than 33% 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

Herbert Financial Group, LLC 401(k) 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. Herbert Financial Group, LLC 401(k) Profit Sharing Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Herbert Financial Group, LLC 401(k) Profit Sharing Plan reported net income rose from $441K in the plan year 2023 filing to $615K in the plan year 2024 filing.
  • Herbert Financial Group, LLC 401(k) Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Herbert Financial Group, LLC 401(k) Profit Sharing Plan reported participants rose from 12 in the plan year 2023 filing to 14 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 475207058 · Herbert Financial Group, LLC PY 2024 · 401(k)

Herbert Financial Group, LLC 401(k) Profit Sharing Plan · $3M · 14 · 33rd

  • EIN $3M
  • RANK 14
  • PHOTO 33rd
  • IND 401(k)
  • EOY near Fibrix LLC 401(k) Plan
  • 5500 ind #1837

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 Michigan →

Herbert Financial Group, LLC 401(k) Profit Sharing Plan in the asset neighbourhood

Herbert Financial Group, LLC 401(k) Profit Sharing PlanHerbert Financial Group, LLC…$3MFibrix LLC 401(k) Plan$3MPeak Family Dental, 401(k) PlanPeak Family Dental, 401(k) P…$3MPersonnel Outsource 401(k) PlanPersonnel Outsource 401(k) P…$3MFreedman & Lorry, P. C. Retirement PlanFreedman & Lorry, P. C. Reti…$3M
End-of-year total assets ($M) among Herbert Financial Group, LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Herbert Financial Group, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Herbert Financial Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3M 61.66526680505632% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.71M $2.77M ▲ +62.0%
Year Plans Participants Total Assets
2022 1 10 $2M
2023 1 12 $2M
2024 1 14 $3M

Herbert Financial Group, LLC filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$615K
Employer EIN475207058
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Herbert Financial Group, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Herbert Financial Group, LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.002767829 · Participants: 14Herbert Financial Group, LLC 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Herbert Financial Group, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Herbert Financial Group, LLC 401(k) Profit Sharing Plan side-by-side with 3 peers →

Herbert Financial Group, LLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Fibrix LLC 401(k) Plan in NC ($3M); by covered participants it is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Herbert Financial Group, LLC 401(k) Profit Sharing Plan assets move in 2024? ▼
Herbert Financial Group, LLC 401(k) Profit Sharing Plan grew sharply - up 28.6% during 2024, from $2M to $3M. Reported net income was $615K.
How have Herbert Financial Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Herbert Financial Group, LLC's sponsor-wide assets grew 61.7%, from $2M to $3M.
Which 401(k) plans are similar in size to Herbert Financial Group, LLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fibrix LLC 401(k) Plan in NC ($3M, 181 participants).
Which 401(k) plans cover a similar participant headcount to Herbert Financial Group, LLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants, $3M 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 475207058.

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.