Plan Ledger DOL Form 5500 · updated monthly

Mas US Holdings Inc401(k)

MAS US HOLDINGS INC 401(K) PLAN · ASHEBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.61%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Mas US Holdings Inc reported $29,945 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $332 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.58% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,469th of 2,005), and 11,247th of 13,661 in manufacturing. In 2024, employees put in $6.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,928,236
Participants with balances180
Active participants155
Employer contributions$51,392
Employee contributions$331,499
Employer contribution per active participant$332
Average account balance$27,379
Benefits paid to participants$982,527
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 180 accts · $51K emplr
2023$4.8M · 190 accts · $39K emplr
2022$4.0M · 184 accts · $24K emplr
The Mas US Holdings Inc 401(k) match · 2024
Employer contribution per active participant$332
Median for plans this size$1,313
2024$332 per active participant
2023$246 per active participant
2022$163 per active participant

Mas US Holdings Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANLEY BENEFIT SERVICES, INC. · Recordkeeping · Consulting$29,945
FUND DIRECT ADVISORS · Investment advisory (plan) · Participant communicationindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$29,945 · 0.61%
2023$809 · 0.02%
2022$29,228 · 0.58%
Same employer
Similar plansManufacturing · North Carolina
Gem Asset Acquisition LLC NC$5.1M · 0.07%
Aquafil O'Mara, Inc. NC$4.9M · 0.36%
Carolina Stalite Company NC$4.8M · 0.46%
Ksm Castings USA Inc. NC$4.7M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 820932073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.