401(k) · DOL Form 5500 · 2024

Heart of America Management, LLC 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
1,167
Participants Near avg headcount
66th
Percentile by assets National rank
$13,832
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

$16M in assets, 1,167 participants

Heart of America Management, LLC's Heart of America 401(k) Plan reported $16M in total assets and 1,167 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #3,290 in Food Services & Accommodation (3,672 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Heart of America 401(k) Plan ranks #3,290 of 3,672 2024 filers by assets (121% of the sector average)-$16M for 1,167 participants.

#3,290
in Food Services & Accommodation (3,672 peers)
+3.3%
assets growth YoY

Heart of America 401(k) Plan's mid-pack asset rank among Food Services & Accommodation and all filers

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$16,142,153 Top 34% higher than 66% of 123,620 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 2024

Heart of America 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heart of America 401(k) Plan lands in the large band (1,167 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heart of America 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $510K in the plan year 2024 filing.
  • Heart of America 401(k) Plan reported participants rose from 1,004 in the plan year 2023 filing to 1,167 in the plan year 2024 filing.
  • Heart of America 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 320052825 · Heart of America Management, LLC PY 2024 · 401(k)

Heart of America 401(k) Plan · $16M · 1,167 · 66th

  • EBSA $16M
  • PART 1,167
  • TYPE 66th
  • NET 401(k)
  • BOOK near Positronic Industries, Inc. 401(k) Retirement Savings Plan
  • VS-ST ind #3290

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$16MPositronic Industries, Inc. 401(k) Retirement Savings PlanPositronic Industries, Inc. …$16MRpm Pizza, LLC 401(k) Plan$16MDover Dodge Chrysler Jeep Inc 401(k) Profit Sharing Plan & TrustDover Dodge Chrysler Jeep In…$16MPager + Onlife Retirement PlanPager + Onlife Retirement Pl…$16M
End-of-year total assets ($M) among Heart of America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$16M
Net Income$510K
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 -50510152025 Total assets ($B) Participants Heart of America 401(k) Plan, Total assets ($B): 0.016142153 · Participants: 1167Heart of America 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens 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 Positronic Industries, Inc. 401(k) Retirement Savings Plan in MO ($16M); by covered participants it is David J Wegman 401(k) Plan in NY (1,167 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,167 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Heart of America 401(k) Plan edged up modestly - up 3.3% during 2024, from $16M to $16M. Reported net income was $510K.
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 Positronic Industries, Inc. 401(k) Retirement Savings Plan in MO ($16M, 331 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 David J Wegman 401(k) Plan in NY (1,167 participants, $317K in assets).