Retirement plan

HEARTLAND FOOD PRODUCTS GROUP RETIREMENT PLAN

Name: TC HEARTLAND, LLC - HEARTLAND FOOD PRODUCTS GROUP RETIREMENT PLAN (2022) Form 5500
Creator: TC HEARTLAND, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEARTLAND FOOD PRODUCTS GROUP RETIREMENT PLAN, TC HEARTLAND, LLC

TC HEARTLAND, LLCEIN 20-1938376Plan #002PY 2022

14390 CLAY TERRACE BOULEVARD, SUITE 205 - CARMEL, IN 46032317-566-9750

Other plans on this EIN

1 filing

#001Retirement-$16.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10K

-37.0% from 2021

Total participants

-50.0% from 2021

Average account balance

$10,470

+25.9% from 2021

Annual return

-15.66%

-37.85 pp from 2021

Benchmarks

See 4,135 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,135 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.58%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3C

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$7K

$7380 / participant

Other / not subdivided$7K100.0%

% of EOY assets

70.487%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,470

$88,603-88.2%

$69,890-85.0%

$134,545-92.2%

Participation rate

100.0%

74.9%+25.1pp

70.5%+29.5pp

81.2%+18.8pp

Annual return

-15.66%

442.93%-458.6pp

190.84%-206.5pp

418.37%-434.0pp

Employer contribution / active EE

$1,899

$3,236-41.3%

$2,560-25.8%

$4,742-59.9%

Participant deferral / active EE

$1,899

$4,771-60.2%

$3,848-50.7%

$6,401-70.3%

Admin fee / account holder

$7,380

$10,443-29.3%

$6,267+17.8%

$11,431-35.4%

HEARTLAND FOOD PRODUCTS GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEARTLAND FOOD PRODUCTS GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion