401(k) Β· DOL Form 5500 Β· 2023

Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan

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

$43M
Total assets
617
Participants
72th
Percentile by assets

Sponsored by Maplewood Motors, LLC Β· Minnesota Β· Retail Trade

What the 2023 filing shows

Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan holds $43M for 617 participants - about $69,828 per participant, above the median plan by assets, up 23.3% over the 2023 plan year.

$43M
total plan assets (2023 EOY)
617
covered participants
72th
percentile by assets (of 72,800 plans)
$69,828
avg assets per participant
Total Assets (2023)
$43M
Participants
617
State
Industry
Retail Trade

What the Filing Says About Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan

Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan is a 401(k) retirement plan sponsored by Maplewood Motors, LLC, headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $43M in total end-of-year assets and covers 617 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 510444392, and the plan has been effective since 1989-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $35M at the beginning of 2023 to $43M at year-end - a gain of 23.3%. Net assets (after liabilities) closed the year at $43M, with reported net income of $8M 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)$35M
Total Assets (End of Year)$43M
Net Assets (End of Year)$43M
Net Income$8M
Plan Type401(k)
Employer EIN510444392
Plan Effective Date1989-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maplewood Motors, LLC)

Year Plans Participants Total Assets
2022 1 593 $35M
2023 1 617 $43M
2024 1 637 $49M

Nearby 401(k) Plans in Minnesota

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Frequently Asked Questions

How much money is in the Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan?
As of the 2023 Form 5500 filing, Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan holds $43M in total assets with 617 participants. It is sponsored by Maplewood Motors, LLC.
What type of plan is Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan?
Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan is a 401(k) plan. It has been effective since 1989-08-01. The plan is filed with the U.S. Department of Labor under EIN 510444392.
Who sponsors the Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan?
Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan is sponsored by Maplewood Motors, LLC, located in Minnesota. The sponsor's EIN is 510444392 and the plan operates in the Retail Trade industry.
How did Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan perform in 2023?
Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan grew by 23.3% during 2023, moving from $35M to $43M in total assets. Net income was $8M.
Where can I find official filings for Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan?
Official Form 5500 filings for Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510444392 or plan name at efast.dol.gov.
How does Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan compare to other plans?
You can compare Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Minnesota 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 510444392.

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.