401(k) · DOL Form 5500 · 2023

Heartland Bank 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
292
Participants Below avg headcount
74th
Percentile by assets National rank
$72,473
Avg per participant Below avg balance/head
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Official DOL plan name: Heartland Bank 401(k) Profit Sharing Plan · Sponsored by Heartland Bank · Ohio · Finance & Insurance

$21M in assets, 292 participants

Heartland Bank's Heartland Bank 401(k) Profit Sharing Plan reported $21M in total assets and 292 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,374 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Heartland Bank 401(k) Profit Sharing Plan covers 292 participants in Ohio, about 38% of the average Ohio filer (state average ~765 per filing). Assets: $21M.

#5,374
in Finance & Insurance (8,869 peers)
+18.5%
assets growth YoY

Heartland Bank 401(k) Profit Sharing Plan's outsized position by total assets

Heartland Bank 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$21,161,977 Top 26% higher than 74% of 127,068 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 2023

Heartland Bank 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heartland Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Heartland Bank 401(k) Profit Sharing Plan reported net income rose from -$957K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Heartland Bank 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Heartland Bank 401(k) Profit Sharing Plan reported participants fell from 299 in the plan year 2022 filing to 292 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 314159950 · Heartland Bank PY 2023 · 401(k)

Heartland Bank 401(k) Profit Sharing Plan · $21M · 292 · 74th

  • BOY $21M
  • BOY 292
  • BOY 74th
  • BOY 401(k)
  • BOY near Williams Form Engineering Corporation 401(k) Plan
  • BOY ind #5374

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 Finance & Insurance retirement plans → · Plans in Ohio →

Heartland Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Heartland Bank 401(k) Profit Sharing PlanHeartland Bank 401(k) Profit…$21MWilliams Form Engineering Corporation 401(k) PlanWilliams Form Engineering Co…$21MHeart to Heart Hospice 401(k) PlanHeart to Heart Hospice 401(k…$21MKistler Instrument Corp. 401(k) PlanKistler Instrument Corp. 401…$21MPgw Auto Glass, LLC 401(k) PlanPgw Auto Glass, LLC 401(k) P…$21M
End-of-year total assets ($M) among Heartland Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN314159950
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heartland Bank)

Sponsor-wide plan assets over time

All Heartland Bank plans reported in each filing year

Latest sponsor-wide plan assets
$28M 54.29487915864166% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.9M $27.6M ▲ +54.3%
Year Plans Participants Total Assets
2022 1 299 $18M
2023 1 292 $21M
2024 1 271 $28M

Nearby 401(k) Plans in Ohio

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

Heartland Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Heartland Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.021161977 · Participants: 292Heartland Bank 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Heartland Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Heartland Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

Heartland Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Williams Form Engineering Corporation 401(k) Plan in MI ($21M); by covered participants it is Hawthorn Bancshares, Inc. Profit Sharing 401(k) Plan in MO (292 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (292 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Heartland Bank 401(k) Profit Sharing Plan assets move in 2023? ▼
Heartland Bank 401(k) Profit Sharing Plan grew sharply - up 18.5% during 2023, from $18M to $21M. Reported net income was $3M.
How have Heartland Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Heartland Bank's sponsor-wide assets grew 54.3%, from $18M to $28M.
Which 401(k) plans are similar in size to Heartland Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Williams Form Engineering Corporation 401(k) Plan in MI ($21M, 264 participants).
Which 401(k) plans cover a similar participant headcount to Heartland Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hawthorn Bancshares, Inc. Profit Sharing 401(k) Plan in MO (292 participants, $45M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 314159950.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.