Plan Ledger DOL Form 5500 · updated monthly

Mascorp Management Corp.401(k)

MASCORP MANAGEMENT CORP. 401(K) PROFIT SHARING PLAN · RAYNHAM, MA · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Mascorp Management Corp. reported $5,367 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $188 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 1 year on file its reported administrative ratio fell from 0.15% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (2,321st of 2,726), and 3,803rd of 5,215 in retail trade. In 2023, employees put in $10.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,837,182
Participants with balances92
Active participants190
Employer contributions$35,759
Employee contributions$378,486
Employer contribution per active participant$188
Average account balance$52,578
Benefits paid to participants$465,321
Plan auditUnmodified (clean) audit opinion
AuditorDOWNEY & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$4.8M · 92 accts · $36K emplr
2022$4.3M · 89 accts · $44K emplr
The Mascorp Management Corp. 401(k) match · 2023
Employer contribution per active participant$188
Median for plans this size$1,308
2023$188 per active participant
2022$240 per active participant

Mascorp Management Corp.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NATIONWIDE · Recordkeepingindirect comp
AMERIPRISE FINANCIAL SERVICES · Investment managementindirect comp
THE PENSION SERVICE, LLC · Plan administratorindirect comp

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

Administrative cost history2
2023$5,367 · 0.12%
2022$6,855 · 0.15%
Same employer
Similar plansRetail Trade · Massachusetts
Arocam Inc MA$5.3M · 0.84%
Yankee Spirits, Inc. MA$5.2M · 1.07%
Sullivan Brothers Car Co. MA$5.0M · 0.44%
Route 24 Auto Group MA$4.8M · 1.06%
Stavvy, Inc. MA$4.6M · 0.10%
Campbell Bewley, Inc. MA$4.5M · 0.34%
Rodman Ford Sales, Inc. MA$4.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043399772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.