401(k) · DOL Form 5500 · 2023

Asphalt Materials, Inc. 401(k) Plan

Data updated 2026-08-25

$665M
Total assets Above avg plan size
3,568
Participants Above avg headcount
98th
Percentile by assets National rank
$186,479
Avg per participant Above avg balance/head
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Official DOL plan name: Heritage Group Retirement Savings Plan · Sponsored by Asphalt Materials, Inc. · Indiana · Manufacturing

$665M in assets, 3,568 participants

Asphalt Materials, Inc.'s Heritage Group Retirement Savings Plan reported $665M in total assets and 3,568 participants in its 2023 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.

  • #18,097 in Manufacturing (18,722 peers)

Coverage in Indiana

Heritage Group Retirement Savings Plan covers 3,568 participants in Indiana, 6.6x the typical Indiana plan (state average ~541 per filing). Assets: $665M.

#18,097
in Manufacturing (18,722 peers)
+20.4%
assets growth YoY
6.7×
vs typical plan assets (national mean)

Heritage Group Retirement Savings Plan's outsized position by total assets

Heritage Group Retirement Savings Plan vs every filed plan by assets

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

$665,358,095 Top 2% higher than 98% 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

Heritage Group Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heritage Group Retirement Savings Plan lands in the large band (3,568 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Heritage Group Retirement Savings Plan reported net income rose from -$82M in the plan year 2022 filing to $113M in the plan year 2023 filing.
  • Heritage Group Retirement Savings Plan end-of-year assets rose from $552M in the plan year 2022 filing to $665M in the plan year 2023 filing.
  • Heritage Group Retirement Savings Plan reported participants rose from 3,366 in the plan year 2022 filing to 3,568 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 351002095 · Asphalt Materials, Inc. PY 2023 · 401(k)

Heritage Group Retirement Savings Plan · $665M · 3,568 · 98th

  • PART $665M
  • TYPE 3,568
  • NET 98th
  • BOOK 401(k)
  • VS-ST near Skanska USA Building Inc. Pension Benefit Plan and Trust
  • BOY ind #18097

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 Manufacturing retirement plans → · Plans in Indiana →

Heritage Group Retirement Savings Plan in the asset neighbourhood

Skanska USA Building Inc. Pension Benefit Plan and TrustSkanska USA Building Inc. Pe…$666MHeritage Group Retirement Savings PlanHeritage Group Retirement Sa…$665MUc Health 401(k) Retirement Savings PlanUc Health 401(k) Retirement …$665MHanesbrands Inc. Retirement Savings PlanHanesbrands Inc. Retirement …$665MAlaska Airlines, Inc. Alaskasaver PlanAlaska Airlines, Inc. Alaska…$664M
End-of-year total assets ($M) among Heritage Group Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$552M
Net Assets (End of Year)$665M
Net Income$113M
Employer EIN351002095
Plan Effective Date1978-06-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Asphalt Materials, Inc.)

Sponsor-wide plan assets over time

All Asphalt Materials, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$557M 0.7835038601223098% vs 2022
2024 filing year
$500M$550M$600M$650M$700M 202220232024 $552M $557M ▲ +0.8%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 051015 Total assets ($B) Participants Heritage Group Retirement Savings Plan, Total assets ($B): 0.665358095 · Participants: 3568Heritage Group Retirement Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Heritage Group Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Heritage Group Retirement Savings Plan side-by-side with 3 peers →

Heritage Group Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Skanska USA Building Inc. Pension Benefit Plan and Trust in NJ ($666M); by covered participants it is The Yates Companies, Inc. 401(k) Plan in MS (3,568 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($665M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,568 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 Heritage Group Retirement Savings Plan assets move in 2023? ▼
Heritage Group Retirement Savings Plan grew sharply - up 20.4% during 2023, from $552M to $665M. Reported net income was $113M.
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 127,072 plans that reported assets for plan year 2023 (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 Skanska USA Building Inc. Pension Benefit Plan and Trust in NJ ($666M, 2,296 participants).
Which 401(k) plans cover a similar participant headcount to Heritage Group Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Yates Companies, Inc. 401(k) Plan in MS (3,568 participants, $132M 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 351002095.

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.