401(k) · DOL Form 5500 · 2024
Hermes Abrasives, Ltd. 401(k) Plan
Data updated 2026-08-25
- $13M
- Total assets Small plan by assets
- 100
- Participants Small participant base
- 61st
- Percentile by assets National rank
- $126,569
- Avg per participant Near avg balance/head
Official DOL plan name: Hermes Abrasives, Ltd. Retirement Savings Plan · Sponsored by Hermes Abrasives, Ltd. · Virginia · Manufacturing
$13M in assets, 100 participants
Hermes Abrasives, Ltd.'s Hermes Abrasives, Ltd. Retirement Savings Plan reported $13M in total assets and 100 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.
- #8,505 in Manufacturing (17,777 peers)
Coverage in Virginia
Hermes Abrasives, Ltd. Retirement Savings Plan covers 100 participants in Virginia, about 13% of the average Virginia filer (state average ~782 per filing). Assets: $13M.
- #8,505
- in Manufacturing (17,777 peers)
- -3.4%
- assets change YoY
The plan reported a net loss of $442K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
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 2024 · DOL Form 5500
$12,656,858 Top 39% higher than 61% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Hermes Abrasives, Ltd. Retirement Savings 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. Hermes Abrasives, Ltd. Retirement Savings Plan is a small filing (100 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Hermes Abrasives, Ltd. Retirement Savings Plan reported net income fell from $230K in the plan year 2023 filing to -$442K in the plan year 2024 filing.
- Hermes Abrasives, Ltd. Retirement Savings Plan end-of-year assets fell from $13M in the plan year 2023 filing to $13M in the plan year 2024 filing.
- Hermes Abrasives, Ltd. Retirement Savings Plan reported participants rose from 98 in the plan year 2023 filing to 100 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 541121825 · Hermes Abrasives, Ltd. PY 2024 · 401(k)
Hermes Abrasives, Ltd. Retirement Savings Plan · $13M · 100 · 61st
- 5500 $13M
- 5500 100
- 5500 61st
- 5500 401(k)
- 5500 near First Ic Bank 401(k) Plan
- 5500 ind #8505
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
Virginia filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | -$442K |
| Employer EIN | 541121825 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING 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
| 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.
- Northrop Grumman Savings Plan $39.5B · 104,719
- 401(k) Pension Plan $16.8B · 62,869
- General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
- Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
- Leidos, Inc. Retirement Plan $11.8B · 29,734
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 First Ic Bank 401(k) Plan in GA ($13M); by covered participants it is Controltek 401(k) Profit Sharing Plan in WA (100 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($13M here).
- First Ic Bank 401(k) Plan (GA) $13M · 105
- Cottonport Bank 401(k) Plan (LA) $13M · 131
- Bibliotheca, LLC 401(k) Plan (GA) $13M · 94
- Saf-Gard Safety Shoe Co., Inc. Retirement Savings Plan (NC) $13M · 386
Similar participant headcount
Nearest other-state filings by covered participants (100 participants); asset peers above are excluded.
- Controltek 401(k) Profit Sharing Plan (WA) 100 · 0 off
- Vaughn, Silverberg and Associates Profit Sharing Plan (TX) 100 · 0 off
- Streetsquash, Inc. 401(k) Profit Sharing Plan & Trust (NY) 100 · 0 off
- Ford Development Corporation 401(k) Plan (OH) 100 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.