Heritage Petroleum, LLC 401(K) Plan — Form 5500 plan (Heritage Petroleum, 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, Heritage Petroleum, LLC 401(K) Plan is a benefit plan reported by Heritage Petroleum, LLC under EIN 35-2152995 and plan number 001. The latest loaded filing year is 2023. The filing reports 229 participants and $8,086,586 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.1MPlan net assets, end of year$8,086,586
Participants229Covered participants reported
Assets / participant$35.3KComputed: assets ÷ participants$35,313 (computed)
Provider compensation$58.7K3 Schedule C provider row(s)$58,728
Plan sponsor
Heritage Petroleum, LLC
EIN
35-2152995
Plan number
001
Plan type
2
Location
Evansville, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023229H, C20241010114727NAL0020016129001
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)$8.1M total assets
Net assets$8.1MLiabilities$0
Money in vs. money out
Total income / additions$2.5M
Total expenses$1.1M
Benefits paid / distributions$1.1M
Contributions
Employer$450.8K
Participant$786.7K
Full reported line items

Net assets

Total assets (EOY)
$8,086,586
Total liabilities (EOY)
$0
Net assets (EOY)
$8,086,586
Net assets (BOY)
$6,752,308

Income & contributions

Employer contributions
$450,780
Participant contributions
$786,719
Total contributions
$1,254,034
Total income / additions
$2,460,342

Expenses & distributions

Benefits paid
$1,067,336
Administrative expenses
$58,728
Total expenses
$1,126,064
Net increase / (decrease)
$1,334,278
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.

Contribution share (employer vs. participant)
Employer 36%Participant 64%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Old National Wealth MgmtNONE$20,000not reported in the loaded dataset2023
Harding, Shymanski And Company PscNONE$19,375not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$19,353$02023

Related Form 5500 pages