401(k) · DOL Form 5500 · 2024

Asphalt Materials, Inc. 401(k) Plan

Data updated 2026-08-11

$557M
Total assets
3,856
Participants
97th
Percentile by assets
$144,388
Avg per participant
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Official DOL plan name: Heritage Group Retirement Savings Plan · Sponsored by Asphalt Materials, Inc. · Indiana · Manufacturing

$557M in assets, 3,856 participants

Asphalt Materials, Inc.'s Heritage Group Retirement Savings Plan reported $557M in total assets and 3,856 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #17,055 in Manufacturing (17,777 peers)

Coverage in Indiana

Heritage Group Retirement Savings Plan covers 3,856 participants in Indiana, 7.1x the typical Indiana plan (state average ~541 per filing). Assets: $557M.

$557M
total plan assets (2024 EOY)
3,856
covered participants
97th
percentile by assets (of 123,622 plans)
$144,388
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heritage Group Retirement Savings Plan reported net income fell from $113M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • Heritage Group Retirement Savings Plan end-of-year assets fell from $665M in the plan year 2023 filing to $557M in the plan year 2024 filing.
  • Heritage Group Retirement Savings Plan reported participants rose from 3,568 in the plan year 2023 filing to 3,856 in the plan year 2024 filing.

See the national 2023→2024 release diff →

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 3,856 participants - 7.1x that state average ($557M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$665M
Net Assets (End of Year)$557M
Net Income$58M
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. 020000400006000080000 -5051015 Total assets ($B) Participants Heritage Group Retir…The Lilly Employee 4…Elevance Health 401(…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 2024?
Heritage Group Retirement Savings Plan declined sharply - down 16.3% during 2024, from $665M to $557M. Reported net income was $58M.
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 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Sound Physicians 401(k) Plan in WA ($557M, 4,698 participants).

Next read for Heritage Group Retirement Savings Plan

Filing takeaways

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