Employers › Masco
Recordkeeping fees per participant · Masco Corporation 401(k) Plan · plan year 2024
$18.13
Higher than 22% of the 790 plans over $1B that report it.
= $230,359 / 12,706
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250613084728NAL0015559619001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613084728NAL0015559619001, received 2025-06-13
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-13.
Administrative expenses excluding investment management, per participant
$18.41
Higher than 16% of the 1,045 plans over $1B that report it.
= $233,959 / 12,706
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250613084728NAL0015559619001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613084728NAL0015559619001, received 2025-06-13
Administrative expenses per participant
$46.98
Higher than 27% of the 1,076 plans over $1B that report it.
= $596,910 / 12,706
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250613084728NAL0015559619001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613084728NAL0015559619001, received 2025-06-13
Administrative expenses as a share of assets
0.035%
Higher than 36% of the 1,076 plans over $1B that report it.
= $596,910 / $1,694,704,137
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250613084728NAL0015559619001, received 2025-06-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250613084728NAL0015559619001, received 2025-06-13
Employer contributions per participant
$4,155
Higher than 57% of the 1,135 plans over $1B that report it.
= $52,791,448 / 12,706
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250613084728NAL0015559619001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613084728NAL0015559619001, received 2025-06-13
Employer share of total contributions
44.3%
Higher than 84% of the 1,135 plans over $1B that report it.
= $52,791,448 / $119,264,810
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250613084728NAL0015559619001, received 2025-06-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250613084728NAL0015559619001, received 2025-06-13
Eligibility
“Eligible employees may participate in the Plan upon their date of hire.”
Form 11-K filed 2026-06-05, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250613084728NAL0015559619001, received 2025-06-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MASCO CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Plan name | MASCO CORPORATION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Sponsor EIN / plan number | 38-1794485 / 033 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Sponsor location | LIVONIA, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Industry (business code) | 332510, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Filing received | 2025-06-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Participants, beginning of year | 13,074 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Active participants | 8,523 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Participants, end of year | 13,355 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Participants with an account balance | 12,706 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Total assets, beginning of year | $1,533,436,651 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Total assets, end of year | $1,694,704,137 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Net assets, end of year | $1,694,704,137 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Total income | $334,072,807 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Net income | $161,267,486 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Employer contributions | $52,791,448 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Participant contributions | $56,357,816 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Other contributions (incl. rollovers) | $10,115,546 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Total contributions | $119,264,810 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Benefit payments | $172,141,900 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Total expenses (incl. benefit payments) | $172,805,321 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Total administrative expenses | $596,910 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Contract administrator fees | $3,600 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Recordkeeping fees | $230,359 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Investment advisory and management fees | $362,951 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Administrative expenses excluding investment management | $233,959 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Held in common/collective trusts | $1,406,314,045 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Held in mutual funds | $97,250,676 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250613084728NAL0015559619001, received 2025-06-13 |
| Independent auditor | GRANT THORNTON LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250613084728NAL0015559619001, received 2025-06-13 |
Position = column in the DOL layout for form year 2024. Filing 20250613084728NAL0015559619001, received 2025-06-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $411,543 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $234,544 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250613084728NAL0015559619001, received 2025-06-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,533,436,651 | $1,694,704,137 | 10.5% |
| Participants with a balance | 12,847 | 12,706 | -1.1% |
| Administrative expenses | $651,662 | $596,910 | -8.4% |
| Recordkeeping fees per participant | $10.18 | $18.13 | 78.1% |
| Employer contributions | $60,360,805 | $52,791,448 | -12.5% |
Prior filing 20240611082745NAL0043761104001, received 2024-06-11; the plan years are contiguous.
Sponsor name as filed: MASCO CORPORATION; SEC registrant: MASCO CORP /DE/ (CIK 62996, matched by EIN; display name from the Form 11-K cover).