Plan Snapshot
- Plan Sponsor: Heritage Operating LLC
- Sponsor EIN: 824968837
- Sponsor Address: 2217 HWY 394, STE A, BLOUNTVILLE, TN, 37617
- Plan Type: 401(k)
- Total Participants: 360
- Total Assets: $7.7M
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 | 360 | $7.7M | $238,158 | $550,147 |
| 2023 | 343 | $7.8M | $267,785 | $566,209 |
| 2022 | 259 | $6.5M | $204,419 | $414,983 |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $20,971 | $14,821 | $5,500 | — | — |
| 2023 | $24,288 | — | $24,288 | — | — |
| 2022 | $20,365 | — | — | — | $20,365 |