Plan Ledger DOL Form 5500 · updated monthly

Mastercorp, Inc.401(k)

THE MASTERCORP, INC. 401(K) RETIREMENT SAVINGS PLAN · ORLANDO, FL · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Mastercorp, Inc. reported $31,062 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $302 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 other services employers. By assets it is the 1,535th-largest of 3,644 plans among Florida employers on file, and the 1,447th of 3,341 in other services. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,530,555
Participants with balances637
Active participants3,097
Employer contributions$934,235
Employee contributions$1,558,075
Employer contribution per active participant$302
Average account balance$19,671
Benefits paid to participants$1,818,797
Plan auditUnmodified (clean) audit opinion
AuditorCOULTER&JUSTUS,P.C
The Mastercorp, Inc. 401(k) match · 2022
Employer contribution per active participant$302
Median for plans this size$2,266

Mastercorp, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,062 · 0.24%
Similar plansOther Services · Florida
Jensen U.S.A. FL$14.4M · 0.01%
Power Services Group, Inc. FL$13.3M · 0.45%
Bath & Tennis Club, Inc. FL$12.9M · 0.07%
Endeavor Schools, LLC FL$11.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611206906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.