Hearts on Fire401(k)
HEARTS ON FIRE · BOSTON, MA · plan year 2024
Hearts on Fire's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $12,071,079 across 108 participant accounts, with employer contributions averaging $2,936 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (1,732nd of 2,726), and 2,667th of 4,246 in wholesale trade. In 2024, employees put in $4.33 for every $1.00 the employer contributed.
Hearts on Fire's 2024 employer contribution ran above the $2,416 median for plans its size. 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 043563309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.