Heartland Bank 401(K) Profit Sharing Plan — Form 5500 plan (Heartland Bank)
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, Heartland Bank 401(K) Profit Sharing Plan is a benefit plan reported by Heartland Bank under EIN 31-4159950 and plan number 001. The latest loaded filing year is 2023. The filing reports 394 participants and $21,161,977 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Heartland Bank
- EIN
- 31-4159950
- Plan number
- 001
- Plan type
- 2
- Location
- Whitehall, OH
- Latest filing year
- 2023
- Participants
- 394
- End-of-year plan assets
- $21,161,977
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 394 | H, C | 20241002091816NAL0008073713001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,161,977
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,161,977
- Net assets (BOY)
- $17,841,495
Income & contributions
- Employer contributions
- $785,995
- Participant contributions
- $1,827,831
- Total contributions
- $2,619,947
- Total income / additions
- $4,725,213
Expenses & distributions
- Benefits paid
- $1,302,523
- Administrative expenses
- $102,208
- Total expenses
- $1,404,731
- Net increase / (decrease)
- $3,320,482
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $102,208 | $0 | 2023 |
| Saling Simms Assoc Inc | INVESTMENT ADVISORY | $0 | $35,859 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |