401(k) · DOL Form 5500 · 2024

Herson's, Inc 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
153
Participants Small participant base
64th
Percentile by assets National rank
$97,927
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

$15M in assets, 153 participants

Herson's, Inc's Herson's, Inc 401(k) Profit Sharing Plan reported $15M in total assets and 153 participants in its 2024 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.

  • #6,061 in Retail Trade (8,048 peers)

Coverage in Maryland

Herson's, Inc 401(k) Profit Sharing Plan covers 153 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $15M.

#6,061
in Retail Trade (8,048 peers)
+11.2%
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 2024 · DOL Form 5500

$14,982,804 Top 36% higher than 64% 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

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

Plan-year 2024 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 (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Herson's, Inc 401(k) Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Herson's, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Herson's, Inc 401(k) Profit Sharing Plan reported participants rose from 150 in the plan year 2023 filing to 153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 520908995 · Herson's, Inc PY 2024 · 401(k)

Herson's, Inc 401(k) Profit Sharing Plan · $15M · 153 · 64th

  • PHOTO $15M
  • IND 153
  • EOY 64th
  • 5500 401(k)
  • ASSETS near Cenero LLC 401(k) Plan
  • PCT ind #6061

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 …$15MCenero LLC 401(k) Plan$15MGold Cross Services, Inc. 401(k) Retirement Savings PlanGold Cross Services, Inc. 40…$15MJ C Lewis Motor Co., Inc. 401(k) PlanJ C Lewis Motor Co., Inc. 40…$15MPark 100 Foods 401(k) Savings PlanPark 100 Foods 401(k) Saving…$15M
End-of-year total assets ($M) among Herson's, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
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): 0.014982804 · Participants: 153Herson's, Inc 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Herson's, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

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 Cenero LLC 401(k) Plan in PA ($15M); by covered participants it is American Guardian Warranty 401(k) Plan in IL (153 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Herson's, Inc 401(k) Profit Sharing Plan assets move in 2024?
Herson's, Inc 401(k) Profit Sharing Plan grew at a solid clip - up 11.2% during 2024, from $13M to $15M. 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 Cenero LLC 401(k) Plan in PA ($15M, 246 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 American Guardian Warranty 401(k) Plan in IL (153 participants, N/A in assets).