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Employee Benefit Plans
12 Months Ended
Dec. 31, 2023
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Federated Hermes offers defined contribution plans to its employees. The total expense for these plans recognized in Operating Expenses - Compensation and Related amounted to $14.4 million, $13.9 million and $14.4 million for 2023, 2022 and 2021, respectively.