Plan Snapshot
- Plan Sponsor: Heritage Financial Group, INC.
- Sponsor EIN: 351517239
- Sponsor Address: 120 W. LEXINGTON AVENUE, ELKHART, IN, 46516
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $20.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 93 | $20.5M | $236,587 | $439,148 |
| 2023 | 88 | $18.0M | $243,040 | $457,676 |
| 2022 | 96 | $15.4M | $297,151 | $462,588 |
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 |
|---|---|---|---|---|
| KRUGGEL, LAWTON & COMPANY, LLC | Auditor | $9,525 | — | $9,525 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KRUGGEL, LAWTON & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,525
- Estimated Expense Ratio: 0.046% 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 | $96,381 | — | $86,856 | $9,525 | — |
| 2023 | $66,712 | $4,587 | $61,575 | — | — |
| 2022 | $80,254 | — | — | — | — |