Hermes of Paris, Inc.
72
Plan:
Hermes of Paris, Inc. Retirement and Savings Plan
14
53
79
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 (72) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $36,300 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. Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Company Generosity, Participation Rate, and Salary Deferral. Hermes of Paris, Inc. Retirement and Savings Plan currently has over 600 active participants and over $20.0M in plan assets.
Retirement Plan Details
| Address |
55 East 59th Street
New York, NY 10022 |
| Industry | Other Clothing Stores |
| Administrator | Robert Chavez |
| Net Plan Assets | $20,000,000 |
| Total Participants | 640 |
| Avg Account Balance | $32,000 |
Compare Other Companies in Peer Group
| The Stride Rite | 77.4 |
| Giorgio Armani | 70.4 |
| Shoe Show | 59.2 |
| Kenneth Cole Productions | 57.8 |
| Gordmans | 52.4 |
| Tradehome Shoe Stores | 51.4 |
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