401(k) · DOL Form 5500 · 2022

Asphalt Materials, Inc. 401(k) Plan

Data updated 2026-08-11

$552M
Total assets
3,366
Participants
98th
Percentile by assets
$164,122
Avg per participant
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Official DOL plan name: Heritage Group Retirement Savings Plan · Sponsored by Asphalt Materials, Inc. · Indiana · Manufacturing

$552M in assets, 3,366 participants

Asphalt Materials, Inc.'s Heritage Group Retirement Savings Plan reported $552M in total assets and 3,366 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,928 in Manufacturing (20,602 peers)

Coverage in Indiana

Heritage Group Retirement Savings Plan covers 3,366 participants in Indiana, 6.2x the typical Indiana plan (state average ~541 per filing). Assets: $552M.

$552M
total plan assets (2022 EOY)
3,366
covered participants
98th
percentile by assets (of 139,126 plans)
$164,122
avg assets per participant

The plan reported a net loss of $82M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Heritage Group Retirement Savings Plan reports 3,366 participants - 6.2x that state average ($552M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$601M
Net Assets (End of Year)$552M
Net Income-$82M
Employer EIN351002095
Plan Effective Date1978-06-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Asphalt Materials, Inc.)

$500M$550M$600M$650M$700M 202220232024 $552M $557M ▲ +0.8%
Total plan assets by year, all Asphalt Materials, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,366 $552M
2023 1 3,568 $665M
2024 1 3,856 $557M

Nearby 401(k) Plans in Indiana

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

Heritage Group Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Heritage Group Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 0246810 Total assets ($B) Participants Heritage Group Retir…Elevance Health 401(…The Lilly Employee 4…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Heritage Group Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Heritage Group Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Heritage Group Retirement Savings Plan assets move in 2022?
Heritage Group Retirement Savings Plan pulled back noticeably - down 8.1% during 2022, from $601M to $552M. Reported net income was -$82M.
How have Asphalt Materials, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Asphalt Materials, Inc.'s sponsor-wide assets grew 0.8%, from $552M to $557M.
Where does Heritage Group Retirement Savings Plan rank by assets among Form 5500 filers?
Heritage Group Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Heritage Group Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Serco Inc. 401(k) Retirement Plan in VA ($552M, 7,889 participants).

Next read for Heritage Group Retirement Savings Plan

Filing takeaways

Ways to act on Heritage Group Retirement Savings Plan's numbers.