HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN
Plan Contact
- Contact person: EVELIN GRULLON
- Phone: (212) 835-6429
Plan General Information
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is $10,890,788.00.This plan was established in 1989.
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is 390
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is $27,925.00
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is $7,126.00.
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is approximately $607.00
Investing in this additonal $607.00 for 20 years would give you extra $38,879.00, assuming a 10% annual return.
Investing in this additonal $607.00 for 20 years would give you extra $38,879.00, assuming a 10% annual return.
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2007, HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN allocates $236,920.00 to match its employees' contributions, providing an employer match rate of 17.05% of their contributions
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is 15.17%.
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is 6.95%. This measures the effectiveness of the plan participants' investments in the year.
HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of HERMES OF PARIS, INC. SAVINGS AND PROFIT SHARING PLAN is 0.05%.
Enrollment Features
Recent Articles
- The Right Way to Withdraw from Your 401(k) Without Regret
- Retirement Plan Contribution Limits in 2025
- Need to Withdraw From Your 401(k)? Follow This Order: Hardship Withdrawal, 401(k) Loan, and Penalty Withdrawal
- Maximize Your Cash Returns
- March 2025 MyPlanIQ Portfolio Update
- Roth IRA for Kids? SEP IRA for Rental Income?
- 6 Ways to Cope in Your Retirement Savings & Spending Under the Current DOGE, Tariff Regime
- Outsaving Regular Workers: How Gig Workers & Entrepreneurs Can Save 3x More for Retirement—Up to $70K Tax-Deferred!
- The Hidden Benefit of Emergency Savings Accounts: It’s a ‘Regular’ Savings Account with Free Employer Match
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …