Plan Snapshot
- Plan Sponsor: Heart Of America Management, LLC
- Sponsor EIN: 320052825
- Sponsor Address: 1501 RIVER DRIVE, MOLINE, IL, 612651307
- Plan Type: 401(k)
- Total Participants: 1,132
- Total Assets: $16.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,132 | $16.1M | $179,474 | $934,070 |
| 2023 | 1,167 | $15.6M | $184,961 | $812,413 |
| 2022 | 690 | $14.1M | $163,325 | $772,560 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC | INVESTMENT ADVISORY | — | $18,670 | $18,670 |
| BERGAN KDV | ACCOUNTANT | — | $7,000 | $7,000 |
| QUALIFIED PLAN CONSULTANS | OTHER SERVICES | — | $5,467 | $5,467 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERGAN KDV — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,137
- Estimated Expense Ratio: 0.193% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,059 | — | — | — | — |
| 2023 | $2,850 | — | $2,850 | — | — |
| 2022 | $3,559 | — | $3,559 | — | — |