Plan Ledger DOL Form 5500 · updated monthly

Heartland Automotive, LLC401(k)

HEARTLAND AUTOMOTIVE 401(K) SAVINGS PLAN · GREENCASTLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.67%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Heartland Automotive, LLC reported $82,624 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $823 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.75% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 778th-largest of 1,562 plans among Indiana employers on file, and 7,690th of 13,661 in manufacturing. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 511 to 593 since 2021.

Plan summary
Net assets, end of year$13,089,039
Participants with balances539
Active participants593
Employer contributions$487,954
Employee contributions$943,119
Employer contribution per active participant$823
Average account balance$24,284
Benefits paid to participants$1,217,529
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history4
Yearassets · accounts · employer contribution
2024$13.1M · 539 accts · $488K emplr
2023$11.4M · 511 accts · $511K emplr
2022$9.3M · 444 accts · $509K emplr
2021$10.9M · 458 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,330
Investment management$34,294
Total administrative$82,624
The Heartland Automotive, LLC 401(k) match · 2024
Employer contribution per active participant$823
Median for plans this size$2,416
2024$823 per active participant
2023$932 per active participant
2022$1,044 per active participant
2021$892 per active participant

Heartland Automotive, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
WABASH CAPITAL · Investment advisory (plan)$63,617

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2024$82,624 · 0.67%
2023$127,171 · 1.23%
2022$75,412 · 0.75%
2021$79,182 · 0.75%
Same employer
Similar plansManufacturing · Indiana
Polygon Company IN$13.7M · 0.47%
Flodraulic Group Inc IN$13.3M · 0.07%
Steel Warehouse Company LLC IN$13.2M · 0.53%
Wenzel Metal Spinning, Inc. IN$12.9M · 0.23%
Mossberg & Company, Inc. IN$12.8M · 0.51%
Wieland Designs, Inc. IN$12.6M · 0.66%
Syndicate Sales Inc. IN$12.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352026865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.