Heart Of America 401(K) Plan — Form 5500 plan (Heart Of America Management, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Heart Of America 401(K) Plan is a benefit plan reported by Heart Of America Management, LLC under EIN 32-0052825 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,101 participants and $15,631,825 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$15.6MPlan net assets, end of year$15,631,825
Participants1.1KCovered participants reported1,101
Assets / participant$14.2KComputed: assets ÷ participants$14,198 (computed)
Provider compensation$24.5K3 Schedule C provider row(s)$24,545
- Plan sponsor
- Heart Of America Management, LLC
- EIN
- 32-0052825
- Plan number
- 001
- Plan type
- 2
- Location
- Moline, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,101 | H, C | 20240923141755NAL0023676898001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$15.6M total assets
Net assets$15.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $15,631,825
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,631,825
- Net assets (BOY)
- $14,111,198
Income & contributions
- Employer contributions
- $184,961
- Participant contributions
- $812,413
- Total contributions
- $1,009,077
- Total income / additions
- $3,349,835
Expenses & distributions
- Benefits paid
- $1,822,199
- Administrative expenses
- $2,850
- Total expenses
- $1,829,208
- Net increase / (decrease)
- $1,520,627
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
19%81%
Employer 19%Participant 81%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income54%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capfinancial Partners LLC | INVESTMENT ADVISORY | $0 | $17,106 | 2023 |
| Qualified Plan Consultans | OTHER SERVICES | $0 | $4,589 | 2023 |
| Principal Life Insurance | CONTRACT ADMINISTRATOR | $2,850 | $0 | 2023 |