401(k) · DOL Form 5500 · 2022

Maples Industries, Inc. 401(k) Profit Sharing Plan

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

$17M
Total assets
1,211
Participants
60th
Percentile by assets

Sponsored by Maples Industries, Inc. · Alabama · Manufacturing

What the 2022 filing shows

Maples Industries, Inc. 401(k) Profit Sharing Plan holds $17M for 1,211 participants - about $14,262 per participant, above the median plan by assets, down 22.6% over the 2022 plan year.

$17M
total plan assets (2022 EOY)
1,211
covered participants
60th
percentile by assets (of 84,055 plans)
$14,262
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$17M
Participants
1,211
State
Industry
Manufacturing

What the Filing Says About Maples Industries, Inc. 401(k) Profit Sharing Plan

Maples Industries, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Maples Industries, Inc., headquartered in Alabama. As of the 2022 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 1,211 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 630512309, and the plan has been effective since 1971-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $22M at the beginning of 2022 to $17M at year-end - a decline of 22.6%. Net assets (after liabilities) closed the year at $17M, with reported net income of $-5,031,274 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)$22M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$-5,031,274
Plan Type401(k)
Employer EIN630512309
Plan Effective Date1971-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maples Industries, Inc.)

Year Plans Participants Total Assets
2022 1 1,211 $17M
2023 1 906 $17M
2024 1 765 $18M

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Frequently Asked Questions

How much money is in the Maples Industries, Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Maples Industries, Inc. 401(k) Profit Sharing Plan holds $17M in total assets with 1,211 participants. It is sponsored by Maples Industries, Inc..
What type of plan is Maples Industries, Inc. 401(k) Profit Sharing Plan?
Maples Industries, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1971-04-01. The plan is filed with the U.S. Department of Labor under EIN 630512309.
Who sponsors the Maples Industries, Inc. 401(k) Profit Sharing Plan?
Maples Industries, Inc. 401(k) Profit Sharing Plan is sponsored by Maples Industries, Inc., located in Alabama. The sponsor's EIN is 630512309 and the plan operates in the Manufacturing industry.
How did Maples Industries, Inc. 401(k) Profit Sharing Plan perform in 2022?
Maples Industries, Inc. 401(k) Profit Sharing Plan declined by 22.6% during 2022, moving from $22M to $17M in total assets. Net income was $-5,031,274.
Where can I find official filings for Maples Industries, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Maples Industries, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630512309 or plan name at efast.dol.gov.
How does Maples Industries, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Maples Industries, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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 630512309.

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.