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

PARK SPRINGS 401K PLAN

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

PARK SPRINGS, LLC

This 401(k) plan holds $2M in total assets and serves 294 participants as of 2022. It is sponsored by PARK SPRINGS, LLC in Georgia. The plan reported a net loss of $653K for the year.

Total Assets (2023)
$2M
Participants
294
State
Industry
Food Services & Accommodation

What the Filing Says About PARK SPRINGS 401K PLAN

PARK SPRINGS 401K PLAN is a 401(k) retirement plan sponsored by PARK SPRINGS, LLC, headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 294 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 582452928, and the plan has been effective since 2005-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $2M at year-end — a decline of 22.6%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-653,324 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)$3M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-653,324
Plan Type401(k)
Employer EIN582452928
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PARK SPRINGS, LLC)

Year Plans Participants Total Assets
2022 1 294 $2M
2023 1 203 $3M
2024 1 338 $3M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the PARK SPRINGS 401K PLAN?
As of the 2022 Form 5500 filing, PARK SPRINGS 401K PLAN holds $2M in total assets with 294 participants. It is sponsored by PARK SPRINGS, LLC.
What type of plan is PARK SPRINGS 401K PLAN?
PARK SPRINGS 401K PLAN is a 401(k) plan. It has been effective since 2005-01-01. The plan is filed with the U.S. Department of Labor under EIN 582452928.
Who sponsors the PARK SPRINGS 401K PLAN?
PARK SPRINGS 401K PLAN is sponsored by PARK SPRINGS, LLC, located in Georgia. The sponsor's EIN is 582452928 and the plan operates in the Food Services & Accommodation industry.
How did PARK SPRINGS 401K PLAN perform in 2022?
PARK SPRINGS 401K PLAN declined by 22.6% during 2022, moving from $3M to $2M in total assets. Net income was $-653,324.
Where can I find official filings for PARK SPRINGS 401K PLAN?
Official Form 5500 filings for PARK SPRINGS 401K PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 582452928 or plan name at efast.dol.gov.
How does PARK SPRINGS 401K PLAN compare to other plans?
You can compare PARK SPRINGS 401K PLAN against other 401(k) plans on the plan type page, or view plans in Georgia 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 582452928.

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 official public datasets. See our methodology for details.