Plan Snapshot
- Plan Sponsor: Hermes Of Paris, INC.
- Sponsor EIN: 133587711
- Sponsor Address: 550 MADISON AVENUE, NEW YORK, NY, 10022
- Plan Type: 401(k)
- Total Participants: 1,421
- Total Assets: $178.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,421 | $178.4M | $6.7M | $13.8M |
| 2023 | 1,285 | $144.9M | $5.0M | $11.7M |
| 2022 | 1,139 | $114.1M | $4.1M | $9.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SRVCS | RETAINED BY CLIENT | $145,626 | — | $145,626 |
| BAKER TILLY US, LLP | AUDITOR | $33,500 | — | $33,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SRVCS — RETAINED BY CLIENT
- BAKER TILLY US, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $179,126
- Estimated Expense Ratio: 0.100% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $179,755 | $19,061 | $127,194 | $33,500 | — |
| 2023 | $154,228 | $14,806 | $107,422 | $32,000 | — |
| 2022 | $147,415 | $12,173 | $111,242 | — | $24,000 |