Maple Springs Management, LLC 401(k) Review & Grade
Maple Springs Management, LLC 401(k) P/S Plan
Logan, UTManagement of Companies749 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$264Employer $ per active participant
$542Employee $ saved per active participant
0.87%Direct admin cost, % of plan assets
$2.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity2.9 / 506th percentile for employer $ per participant
- Low cost2.1 / 259th percentile for low admin cost vs. same-size plans
- Employee saving0.4 / 153th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score2 / 100 · Grade F
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 9th |
| Employee saving | 3th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Corrective distributions: the plan refunded $12,732 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Maple Springs Management put in about $264 per active participant, below the typical peer ($2,492). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.87% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $198,062 |
| Participant (employee) contributions | $406,327 |
| Other contributions (incl. rollovers in) | $65,719 |
| Administrative expenses paid from the plan | $17,544 |
| Benefits paid out | $166,002 |
| Net assets, start / end of year | $1.6M / $2.4M |
| Active participants, start / end of year | 675 / 823 |
| Participants with account balances | 113 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20250812173308NAL0011744832001, received 2025-08-12, EIN 47-4723779, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.