Masters Supply, Inc.ESOP
MASTERS SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · LOUISVILLE, KY · plan year 2024
Masters Supply, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $38,022,828 across 211 participant accounts, with employer contributions averaging $12,593 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 180th-largest of 871 plans among Kentucky employers on file, and the 1,085th of 4,246 in wholesale trade. active participation has grown from 130 to 167 since 2022.
Masters Supply, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.
This plan has changed recordkeepers within these filings. If you left Masters Supply, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 610550047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.