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Company:
Hermes of Paris, Inc.
Plan:
Hermes of Paris, Inc. Savings and Profit Sharing Plan
 

Hermes of Paris, Inc.

68 Plan:

 
 
68
17
53
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (68) and the top rated plan (75) could equate to:
[How is this calculated?]
4 additional years of work
Up to $19,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Hermes of Paris, Inc. Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. Hermes of Paris, Inc. Savings and Profit Sharing Plan currently has over 300 active participants and over $10.9M in plan assets.

 

 Retirement Plan Details

Address 55 E 59th St Fl 3
New York, NY 10022-1725 
Industry Other Clothing Stores
Administrator Evelin Grullon
Net Plan Assets $10,900,000
Total Participants 400
Avg Account Balance $28,000

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 28%
2. Prudential Victory Large Cap Blend 11%
3. Prudential Mid Cap Growth 9%

  Plan Service Providers

Auditor Margolin, Winer & Evans, LLP
Recordkeeper Prudential
Insurance Carrier Prudential
Insurance Advisor/Broker USI Group

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