Plan Ledger DOL Form 5500 · updated monthly

The Masterson Company, Inc.401(k)

THE MASTERSON COMPANY, INC. HOURLY 401(K) PLAN · MILWAUKEE, WI · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

The Masterson Company, Inc. reported $3,860 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,614 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 has held roughly steady near 0.053%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,449th of 1,936), and 9,862nd of 13,661 in manufacturing. In 2023, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,592,793
Participants with balances97
Active participants96
Employer contributions$250,917
Employee contributions$220,757
Employer contribution per active participant$2,614
Average account balance$78,276
Benefits paid to participants$895,182
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.6M · 97 accts · $251K emplr
2022$6.9M · 100 accts · $267K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,860
Total administrative$3,860
The The Masterson Company, Inc. 401(k) match · 2023
Employer contribution per active participant$2,614
Median for plans this size$1,308
2023$2,614 per active participant
2022$2,777 per active participant

The Masterson Company, Inc.'s 2023 employer contribution ran above the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,860

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$3,860 · 0.05%
2022$4,205 · 0.05%
Same employer
Similar plansManufacturing · Wisconsin
Kinex/R&M Holdco, LLC WI$7.7M · 0.21%
American Phoenix, Inc. WI$7.6M · 1.11%
Saris Cycling Group WI$7.6M · 0.54%
Tufco LP WI$7.5M · 0.44%
Engendren Corporation WI$7.5M · 0.89%
G3 Industries, Inc. WI$7.2M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391914746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.