Heritage Wire Harness, LLC401(k)
HERITAGE WIRE HARNESS, LLC 401(K) PLAN · FORT PAYNE, AL · plan year 2022
Heritage Wire Harness, LLC's 2022 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 $1,273,548 across 96 participant accounts, with employer contributions averaging $661 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (842nd of 902), and 13,165th of 13,661 in manufacturing. In 2022, employees put in $1.43 for every $1.00 the employer contributed.
Heritage Wire Harness, LLC's 2022 employer contribution ran below the $1,114 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 900920712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.