Plan Ledger DOL Form 5500 · updated monthly

Heartland Security Insurance Group, Inc.401(k)

HEARTLAND SECURITY INSURANCE GROUP 401(K) PLAN AND TRUST · TYLER, TX · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Heartland Security Insurance Group, Inc. reported $56,798 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $400 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 2 years on file its reported administrative ratio rose from 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,956th-largest of 5,688 plans among Texas employers on file, and 429th of 786 in management of companies. In 2024, employees put in $13.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,980,534
Participants with balances254
Active participants250
Employer contributions$99,981
Employee contributions$1,302,942
Employer contribution per active participant$400
Average account balance$82,601
Benefits paid to participants$2,740,770
Plan auditUnmodified (clean) audit opinion
AuditorPROTHRO, WILHELMI AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 254 accts · $100K emplr
2023$19.3M · 237 accts · $100K emplr
2022$18.8M · 229 accts · $75K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,362
Investment management$31,436
Total administrative$56,798
The Heartland Security Insurance Group, Inc. 401(k) match · 2024
Employer contribution per active participant$400
Median for plans this size$2,416
2024$400 per active participant
2023$441 per active participant
2022$319 per active participant

Heartland Security Insurance Group, Inc.'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
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$28,489
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,362

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$56,798 · 0.28%
2023$53,439 · 0.28%
2022$54,801 · 0.26%
All plans at this employer2
HEARTLAND SECURITY INSURANCE GROUP ESOP PLANESOP
HEARTLAND SECURITY INSURANCE GROUP 401(K) PLAN AND TRUST401(k)
Same employer
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Fb Bancorp TX$20.9M · 0.50%
Woodbolt Distribution, LLC TX$18.2M · 0.51%
Oci Enterprises Inc. TX$17.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752960792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.