Heritage Bank, Inc. 401(K) Plan — Form 5500 plan (Heritage Bank, Inc.)
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 Bank, Inc. 401(K) Plan is a benefit plan reported by Heritage Bank, Inc. under EIN 61-1174806 and plan number 001. The latest loaded filing year is 2023. The filing reports 262 participants and $15,660,658 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Heritage Bank, Inc.
- EIN
- 61-1174806
- Plan number
- 001
- Plan type
- 2
- Location
- Burlington, KY
- Latest filing year
- 2023
- Participants
- 262
- End-of-year plan assets
- $15,660,658
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 262 | H, C | 20240924154447NAL0023291296001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,660,658
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,660,658
- Net assets (BOY)
- $12,833,257
Income & contributions
- Employer contributions
- $706,729
- Participant contributions
- $1,089,676
- Total contributions
- $1,860,591
- Total income / additions
- $4,142,876
Expenses & distributions
- Benefits paid
- $1,248,211
- Administrative expenses
- $67,264
- Total expenses
- $1,315,475
- Net increase / (decrease)
- $2,827,401
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co. Of America | RECORDKEEPER | $23,930 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $20,783 | not reported in the loaded dataset | 2023 |
| Benefit Plans Plus, LLC | CONTRACT ADMIN | $9,278 | not reported in the loaded dataset | 2023 |
| Ifp Advisors Inc Dba Indep Fin Part | INVESTMENT ADVISOR | $2,094 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Heritage Bank, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in KY
- 401(k) and benefit plan filings in Burlington, KY
- Empower Annuity Ins Co. Of America — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Benefit Plans Plus, LLC — Schedule C compensation
- Ifp Advisors Inc Dba Indep Fin Part — Schedule C compensation