Plan Ledger DOL Form 5500 · updated monthly

Mason Companies, Inc401(k)

MASON COMPANIES RETIREMENT AND SAVINGS PLAN · CHIPPEWA FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Mason Companies, Inc reported $137,118 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,592 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 fell from 0.45% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 401st-largest of 1,936 plans among Wisconsin employers on file, and the 3,018th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 652 to 324 since 2022.

Plan summary
Net assets, end of year$53,098,896
Participants with balances576
Active participants324
Employer contributions$839,788
Employee contributions$1,760,834
Employer contribution per active participant$2,592
Average account balance$92,186
Benefits paid to participants$9,163,452
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.1M · 576 accts · $840K emplr
2023$52.7M · 849 accts · $1.0M emplr
2022$50.0M · 943 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,467
Investment management$76,530
Audit (IQPA)$28,121
Total administrative$137,118
The Mason Companies, Inc 401(k) match · 2024
Employer contribution per active participant$2,592
Median for plans this size$3,635
2024$2,592 per active participant
2023$1,963 per active participant
2022$1,719 per active participant

Mason Companies, Inc's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20244
FRANCIS, LLC · Investment advisory (participants) · Investment advisory (plan)$76,530
WIPFLI LLP · Accounting / audit$16,500
MILLIMAN, INC. · Accounting / audit$11,621

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$137,118 · 0.26%
2023$238,739 · 0.46%
2022$226,364 · 0.45%
All plans at this employer2
MASON COMPANIES RETIREMENT AND SAVINGS PLAN401(k)
MASON COMPANIES RETIREMENT AND SAVINGS PLAN FOR THE COLLECTIVELY BARGAINED EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Wisconsin
Cmd Corporation WI$53.3M · 0.09%
Khs USA, Inc. WI$53.3M · 0.03%
Milwaukee Valve Co., LLC WI$52.5M · 0.26%
Paper Machinery Corporation WI$51.5M · 0.00%
Everbrite, LLC WI$50.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390455220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.