Maplewood Motors, Llc 401(k) Plan: Login, Facts & Contact Information

Maplewood Motors, Llc 401(k) Plan Facts

Plan name
MAPLEWOOD TOYOTA, INVER GROVE HONDA & INVER GROVE TOYOTA 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAPLEWOOD MOTORS, LLC
Participants
773 (670 active employees)
Former employees with a balance
142
Plan assets
$49,297,877 at Dec 31, 2024
Average account balance
$61,545 across 801 accounts
Employer contributions
$857,974 in plan year 2024 (18% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1989
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.69 million went into the plan in contributions, $857,974 of it from the employer (18%).
  • $3.60 million was paid out to participants.
  • Investment and other income added $5.21 million.
  • Administrative expenses were $24,313, about $30 per account.

How the Maplewood Motors, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019740$28.6 million$641,601$1.14 million
2020888$33.3 million$585,241$2.13 million
2021703$39.1 million$721,371$2.79 million
2022748$34.9 million$752,860$1.86 million
2023789$43.1 million$790,253$1.74 million
2024773$49.3 million$857,974$3.60 million

Maplewood Motors, Llc 401(k) Contact Information

Phone
651-482-1322
Mailing address
2873 HIGHWAY 61, MAPLEWOOD MN 551091082
Plan sponsor
MAPLEWOOD MOTORS, LLC
Employer identification number (EIN)
51-0444392
Plan number
001

Questions about the Maplewood Motors, Llc 401(k)

Does Maplewood Motors, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $857,974, 18% of all contributions.

Does the Maplewood Motors, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Maplewood Motors, Llc 401(k) plan?

773 participants at the start of plan year 2024, 670 of them active employees, and 142 former employees who still had money in the plan.

What is the average 401(k) balance at Maplewood Motors, Llc?

About $61,545 per account: $49.3 million in plan assets across 801 accounts with a balance at the end of plan year 2024.

Who manages the Maplewood Motors, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Maplewood Motors, Llc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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