What are the fees in the Mastercraft, Inc. 401(k) plan?

For plan year 2022, Mastercraft, Inc. reported $18,062 in plan administrative expenses, or 1.27% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the Mastercraft, Inc. 401(k) match?

In 2022, employer contributions to the Mastercraft, Inc. plan averaged $51 per active participant, below the $1,114 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 Mastercraft, Inc. 401(k)?

The average participant account balance was $17,331 for plan year 2022, based on 75 accounts.

Mastercraft, Inc.401(k)

Name: Mastercraft, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MASTERCRAFT, INC. EMPLOYEES' RETIREMENT SAVINGS PLAN · LAGRANGE, IN · plan year 2022

Reported admin expense ratio · 2022

1.27%

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

Mastercraft, Inc. reported $18,062 in plan administrative expenses for 2022: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $51 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,467th of 1,562), and 13,154th of 13,661 in manufacturing. In 2022, employees put in $15.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,299,849
Participants with balances75
Active participants135
Employer contributions$6,843
Employee contributions$106,139
Employer contribution per active participant$51
Average account balance$17,331
Benefits paid to participants$93,883
Plan auditUnmodified (clean) audit opinion
AuditorHAINES, ISENBARGER & SKIBA, LLC

Administrative expenses, itemized · 2022

Professional / advisory$18,062

Total administrative$18,062

The Mastercraft, Inc. 401(k) match · 2022

Employer contribution per active participant$51

Median for plans this size$1,114

Mastercraft, Inc.'s 2022 employer contribution ran below the $1,114 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

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$18,062 · 1.27%

Similar plansManufacturing · Indiana
Just Packaging, Inc. IN$1.4M · 0.05%
Sms Mill Services, LLC IN$1.4M · 0.93%
General Devices Co., Inc. IN$1.4M · 0.13%
Facility Concepts, Inc. IN$1.4M · 2.15%
Capco LLC IN$1.3M · 0.56%
Delaco Kasle Processing Indiana, LLC IN$963K · 1.08%
Futurex Industries, Inc. IN$960K · 0.51%
Topp Industries, Inc. IN$959K · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351179195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.