What are the fees in the Masons Supply Company 401(k) plan?

For plan year 2022, Masons Supply Company reported $60,007 in plan administrative expenses, or 0.57% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the Masons Supply Company 401(k) match?

In 2022, employer contributions to the Masons Supply Company plan averaged $1,253 per active participant, below the $2,266 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Masons Supply Company 401(k)?

The average participant account balance was $120,334 for plan year 2022, based on 75 accounts.

Masons Supply Company401(k)

Name: Masons Supply Company 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MASONS SUPPLY COMPANY 401(K) PLAN · RIDGEFIELD, WA · plan year 2022

Reported admin expense ratio · 2022

0.57%

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

Masons Supply Company reported $60,007 in plan administrative expenses for 2022: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,253 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Washington (1,127th of 1,714), and 3,052nd of 4,246 in wholesale trade. In 2022, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,025,073
Participants with balances75
Active participants117
Employer contributions$146,607
Employee contributions$454,891
Employer contribution per active participant$1,253
Average account balance$120,334
Benefits paid to participants$792,317
Plan auditUnmodified (clean) audit opinion
AuditorGEFFEN MESHER & COMPANY, P.C.

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$14,948

Investment management$45,059

Total administrative$60,007

The Masons Supply Company 401(k) match · 2022

Employer contribution per active participant$1,253

Median for plans this size$2,266

Masons Supply Company's 2022 employer contribution ran below the $2,266 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$60,007 · 0.57%

Similar plansWholesale Trade · Washington
C. Stein, Inc. dba Csb WA$10.2M · 0.59%
Baden Sports, Inc. WA$9.8M · 0.03%
Western Integrated Technologies, Inc. WA$9.6M · 0.60%
Northern Sales Company, Inc. WA$9.0M · 0.05%
Trout-Blue Chelan-Magi, LLC WA$8.4M · 0.71%
Hormann Northwest Door, LLC WA$8.2M · 1.20%
Wilmar, LLC WA$7.9M · 0.08%
Toy Investments, Inc. dba Toysmith WA$7.7M · 0.06%

Why are you looking at this plan?

Compare
401(k) plans in Washington
Worked here before? Find your old 401(k)
401(k) plans in Wholesale Trade
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 930219990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.