401(k) · DOL Form 5500 · 2022

Heart of America Management, LLC 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
810
Participants Near avg headcount
71st
Percentile by assets National rank
$17,421
Avg per participant Low balance/head
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Official DOL plan name: Heart of America 401(k) Plan · Sponsored by Heart of America Management, LLC · Illinois · Food Services & Accommodation

$14M in assets, 810 participants

Heart of America Management, LLC's Heart of America 401(k) Plan reported $14M in total assets and 810 participants in its 2022 DOL Form 5500 filing, ranking in the 71st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,249 in Food Services & Accommodation (4,592 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Heart of America 401(k) Plan ranks #4,249 of 4,592 2022 filers by assets (139% of the sector average)-$14M for 810 participants.

#4,249
in Food Services & Accommodation (4,592 peers)
-24.8%
assets change YoY

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Heart of America 401(k) Plan's outsized position by total assets

Heart of America 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,111,198 Top 29% higher than 71% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Heart of America 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heart of America 401(k) Plan sits mid-pack in the medium band (810 participants).

EBSA filing schedule strip

Filing strip 320052825 · Heart of America Management, LLC PY 2022 · 401(k)

Heart of America 401(k) Plan · $14M · 810 · 71st

  • 5500 $14M
  • ASSETS 810
  • PCT 71st
  • EIN 401(k)
  • RANK near Tilden Park Capital Management LP 401(k) and Profit Sharing Plan
  • PHOTO ind #4249

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Food Services & Accommodation retirement plans → · Plans in Illinois →

Heart of America 401(k) Plan in the asset neighbourhood

Heart of America 401(k) Plan$14MTilden Park Capital Management LP 401(k) and Profit Sharing PlanTilden Park Capital Manageme…$14MA.L. George LLC. 401(k) Salary Savings PlanA.L. George LLC. 401(k) Sala…$14MProfitsolv Purchaser, Inc. 401(k) PlanProfitsolv Purchaser, Inc. 4…$14MAlpha Consulting Corp. 401(k) Profit Sharing Plan & TrustAlpha Consulting Corp. 401(k…$14M
End-of-year total assets ($M) among Heart of America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$14M
Net Income-$5M
Employer EIN320052825
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heart of America Management, LLC)

Sponsor-wide plan assets over time

All Heart of America Management, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$16M 14.39250586661742% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $14.1M $16.1M ▲ +14.4%
Year Plans Participants Total Assets
2022 1 810 $14M
2023 1 1,004 $16M
2024 1 1,167 $16M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Heart of America 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Heart of America 401(k) Plan, Total assets ($B): 0.014111198 · Participants: 810Heart of America 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Heart of America 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Heart of America 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Tilden Park Capital Management LP 401(k) and Profit Sharing Plan in NY ($14M); by covered participants it is Arvig Enterprises, Inc. 401(k) Plan in MN (810 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (810 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Heart of America 401(k) Plan assets move in 2022?
Heart of America 401(k) Plan declined sharply - down 24.8% during 2022, from $19M to $14M. Reported net income was -$5M.
How have Heart of America Management, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Heart of America Management, LLC's sponsor-wide assets grew 14.4%, from $14M to $16M.
Which 401(k) plans are similar in size to Heart of America 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tilden Park Capital Management LP 401(k) and Profit Sharing Plan in NY ($14M, 62 participants).
Which 401(k) plans cover a similar participant headcount to Heart of America 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Arvig Enterprises, Inc. 401(k) Plan in MN (810 participants, $70M in assets).