Spring Creek Management Co., LTD. 401(k) Review & Grade
Spring Creek Companies 401(k) Plan
Arlington, TXAccommodation & Food Services520 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$245Employer $ per active participant
$549Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$8.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity23.6 / 5047th percentile for employer $ per participant
- Low cost19.1 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving5.1 / 1534th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 47th |
| Lower admin cost | 76th |
| Employee saving | 34th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
Corrective distributions: the plan refunded $32,940 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Spring Creek Management Co. put in about $245 per active participant, below the typical peer ($266). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $127,338 |
| Participant (employee) contributions | $285,985 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $7,097 |
| Benefits paid out | $731,120 |
| Net assets, start / end of year | $7.5M / $8.1M |
| Active participants, start / end of year | 509 / 532 |
| Participants with account balances | 54 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20250730104404NAL0006377504001, received 2025-07-30, EIN 75-2161724, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.