2023 Form 5500 filing — Heartland Bank 401(K) Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241002091816NAL0008073713001) for Heartland Bank 401(K) Profit Sharing Plan, reported by Heartland Bank under EIN 31-4159950 and plan number 001. It reports 394 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002091816NAL0008073713001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Heartland Bank
- EIN
- 31-4159950
- Plan number
- 001
- Location
- Whitehall, OH
- Participants
- 394
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,161,977
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,161,977
- Employer contributions
- $785,995
- Participant contributions
- $1,827,831
- Total income / additions
- $4,725,213
- Benefits paid
- $1,302,523
- Administrative expenses
- $102,208
- Total expenses
- $1,404,731
- Net increase / (decrease)
- $3,320,482
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $102,208 | $0 |
| Saling Simms Assoc Inc | INVESTMENT ADVISORY | $0 | $35,859 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |