Plan Ledger DOL Form 5500 · updated monthly

Heartland, LLC401(k)

HEARTLAND, LLC 401(K) PLAN · KANSAS, MO · 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, LLC reported $287,441 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $753 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 has held roughly steady near 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 341st-largest of 1,393 plans among Missouri employers on file, and the 322nd of 2,534 in administrative & support services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 2,039 to 3,536 since 2022.

Plan summary
Net assets, end of year$46,131,012
Participants with balances1,474
Active participants3,536
Employer contributions$2,662,239
Employee contributions$4,748,737
Employer contribution per active participant$753
Average account balance$31,296
Benefits paid to participants$7,018,628
Plan auditUnmodified (clean) audit opinion
AuditorMARKS NELSON ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$46.1M · 1,474 accts · $2.7M emplr
2023$39.9M · 1,378 accts · $2.4M emplr
2022$29.8M · 1,320 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,354
Investment management$104,087
Total administrative$287,441
The Heartland, LLC 401(k) match · 2024
Employer contribution per active participant$753
Median for plans this size$2,416
2024$753 per active participant
2023$707 per active participant
2022$1,042 per active participant

Heartland, 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
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (plan)$104,087

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

Administrative cost history3
2024$287,441 · 0.67%
2023$228,436 · 0.66%
2022$188,780 · 0.70%
Same employer
Similar plansAdministrative & Support Services · Missouri
Coring & Cutting Group. MO$24.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811798176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.