Plan Snapshot
- Plan Sponsor: Tc Heartland, LLC Dba Heartland Food Products Group
- Sponsor EIN: 201938376
- Sponsor Address: 14390 CLAY TERRACE BLVD, SUITE 205, CARMEL, IN, 46032
- Plan Type: 401(k)
- Total Participants: 803
- Total Assets: $29.1M
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 | 803 | $29.1M | $1.3M | $3.5M |
| 2023 | 800 | $23.3M | $1.4M | $3.2M |
| 2022 | 740 | $16.9M | $1.3M | $2.9M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | INVESTMENT ADVISORY | $52,881 | — | $52,881 |
| COMPENSATION SYSTEMS | RECORDKEEPER | $40,424 | — | $40,424 |
| TRANSAMERICA LIFE INSURANCE COMPANY | RECORDKEEPER | $22,776 | — | $22,776 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — INVESTMENT ADVISORY
- TRANSAMERICA LIFE INSURANCE COMPANY — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,081
- Estimated Expense Ratio: 0.399% 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 | $38,048 | — | — | — | — |
| 2023 | $27,545 | — | — | — | — |
| 2022 | $50,914 | — | — | — | $50,914 |