Civic Intelligence

Herman Financial Group Inc.

Plan context: Herman Financial Group Inc. Defined Benefit Plan

EIN 20-3942719 • Oak Brook, IL • 10 filings • 1 plans

715 Enterprise Dr.Oak Brook, IL 60523
Current Snapshot

Latest Year

2017

2017 Participants

2

2017 Assets

$852,386

2017 Contributions

$235,775

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$852,386$426,193$0200620122016YearValue
$852,386Latest year 2016

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

210200620122016YearValue
2Latest year 2016

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
201710$0$235,775-
Herman Financial Group Inc. Defined Benefit Plan-0$0$235,775-
201612$852,386$86,000$43,000iApproximate average salary by contribution assumption: employee only about $1,075,000 at 4% or $716,667 at 6%; with 50% employer match about $716,667 at 4% or $477,778 at 6%; with 100% employer match about $537,500 at 4% or $358,333 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$852,386$86,000$43,000iApproximate average salary by contribution assumption: employee only about $1,075,000 at 4% or $716,667 at 6%; with 50% employer match about $716,667 at 4% or $477,778 at 6%; with 100% employer match about $537,500 at 4% or $358,333 at 6%.
201512$697,246$27,500$13,750iApproximate average salary by contribution assumption: employee only about $343,750 at 4% or $229,167 at 6%; with 50% employer match about $229,167 at 4% or $152,778 at 6%; with 100% employer match about $171,875 at 4% or $114,583 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$697,246$27,500$13,750iApproximate average salary by contribution assumption: employee only about $343,750 at 4% or $229,167 at 6%; with 50% employer match about $229,167 at 4% or $152,778 at 6%; with 100% employer match about $171,875 at 4% or $114,583 at 6%.
201412$692,404$25,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$692,404$25,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
201312$643,153$45,000$22,500iApproximate average salary by contribution assumption: employee only about $562,500 at 4% or $375,000 at 6%; with 50% employer match about $375,000 at 4% or $250,000 at 6%; with 100% employer match about $281,250 at 4% or $187,500 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$643,153$45,000$22,500iApproximate average salary by contribution assumption: employee only about $562,500 at 4% or $375,000 at 6%; with 50% employer match about $375,000 at 4% or $250,000 at 6%; with 100% employer match about $281,250 at 4% or $187,500 at 6%.
201212$482,986$25,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$482,986$25,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
201112$408,397$25,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$408,397$25,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
201012$417,409$50,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$417,409$50,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
200912$326,322$0-
Herman Financial Group Inc. Defined Benefit Plan-2$326,322$0-
200612$96,619$96,619$48,310iApproximate average salary by contribution assumption: employee only about $1,207,738 at 4% or $805,158 at 6%; with 50% employer match about $805,158 at 4% or $536,772 at 6%; with 100% employer match about $603,869 at 4% or $402,579 at 6%.
Herman Financial Group Inc. Defined Benefit Plan-2$96,619$96,619$48,310iApproximate average salary by contribution assumption: employee only about $1,207,738 at 4% or $805,158 at 6%; with 50% employer match about $805,158 at 4% or $536,772 at 6%; with 100% employer match about $603,869 at 4% or $402,579 at 6%.