401(k)
2022 plan-year 401(k) DOL Form 5500

Seven Springs Mountain Resort, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Highlands Ventures, LLC · Pennsylvania · Arts, Entertainment & Recreation

What the 2023 filing shows

Seven Springs Mountain Resort, Inc. 401(k) Plan holds $13M for 408 participants — about $31,439 per participant, down 44.6% over the 2022 plan year.

$13M
total plan assets (2022 EOY)
408
covered participants
$31,439
avg assets per participant
-44.6%
assets change YoY

The plan reported a net loss of $10M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$13M
Participants
408
State
Industry
Arts, Entertainment & Recreation

What the Filing Says About Seven Springs Mountain Resort, Inc. 401(k) Plan

Seven Springs Mountain Resort, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Highlands Ventures, LLC, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $13M in total end-of-year assets and covers 408 participants across the Arts, Entertainment & Recreation industry. The sponsor's EIN on file with the U.S. Department of Labor is 880725923, and the plan has been effective since 1969-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $23M at the beginning of 2022 to $13M at year-end — a decline of 44.6%. Net assets (after liabilities) closed the year at $13M, with reported net income of $-10,312,107 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$23M
Total Assets (End of Year)$13M
Net Assets (End of Year)$13M
Net Income$-10,312,107
Plan Type401(k)
Employer EIN880725923
Plan Effective Date1969-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Highlands Ventures, LLC)

Year Plans Participants Total Assets
2022 1 408 $13M
2023 1 62 $12M
2024 1 58 $11M

Nearby 401(k) Plans in Pennsylvania

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Frequently Asked Questions

How much money is in the Seven Springs Mountain Resort, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Seven Springs Mountain Resort, Inc. 401(k) Plan holds $13M in total assets with 408 participants. It is sponsored by Highlands Ventures, LLC.
What type of plan is Seven Springs Mountain Resort, Inc. 401(k) Plan?
Seven Springs Mountain Resort, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1969-03-01. The plan is filed with the U.S. Department of Labor under EIN 880725923.
Who sponsors the Seven Springs Mountain Resort, Inc. 401(k) Plan?
Seven Springs Mountain Resort, Inc. 401(k) Plan is sponsored by Highlands Ventures, LLC, located in Pennsylvania. The sponsor's EIN is 880725923 and the plan operates in the Arts, Entertainment & Recreation industry.
How did Seven Springs Mountain Resort, Inc. 401(k) Plan perform in 2022?
Seven Springs Mountain Resort, Inc. 401(k) Plan declined by 44.6% during 2022, moving from $23M to $13M in total assets. Net income was $-10,312,107.
Where can I find official filings for Seven Springs Mountain Resort, Inc. 401(k) Plan?
Official Form 5500 filings for Seven Springs Mountain Resort, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 880725923 or plan name at efast.dol.gov.
How does Seven Springs Mountain Resort, Inc. 401(k) Plan compare to other plans?
You can compare Seven Springs Mountain Resort, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 880725923.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.