Hermann Financial Group Incorporated
Plan context: Hermann Financial Group Defined Benefit Pension Plan
EIN 92-0663843 • Newport Beach, CA • 2 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
10
2024 Assets
$6,512,378
2024 Contributions
$554,223
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 10 | $6,512,378 | $554,223 | $55,422iApproximate average salary by contribution assumption: employee only about $1,385,558 at 4% or $923,705 at 6%; with 50% employer match about $923,705 at 4% or $615,803 at 6%; with 100% employer match about $692,779 at 4% or $461,853 at 6%. |
| Hermann Financial Group Defined Benefit Pension Plan | - | 7 | $4,224,409 | $300,000 | $42,857iApproximate average salary by contribution assumption: employee only about $1,071,429 at 4% or $714,286 at 6%; with 50% employer match about $714,286 at 4% or $476,190 at 6%; with 100% employer match about $535,714 at 4% or $357,143 at 6%. |
| Hermann Financial Group 401(K) Profit Sharing Plan | - | 10 | $2,287,969 | $254,223 | $25,422iApproximate average salary by contribution assumption: employee only about $635,558 at 4% or $423,705 at 6%; with 50% employer match about $423,705 at 4% or $282,470 at 6%; with 100% employer match about $317,779 at 4% or $211,853 at 6%. |