Employers › Masonite › plan 101
Recordkeeping fees per participant · Masonite Savings Plan · plan year 2024
$60.01
Higher than 64% of the 1,697 plans $250M to 1B that report it.
= $312,712 / 5,211
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013141553NAL0003217586001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141553NAL0003217586001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-10-13.
Administrative expenses excluding investment management, per participant
$64.24
Higher than 47% of the 2,324 plans $250M to 1B that report it.
= $334,750 / 5,211
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013141553NAL0003217586001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141553NAL0003217586001, received 2025-10-13
Administrative expenses per participant
$79.71
Higher than 44% of the 2,405 plans $250M to 1B that report it.
= $415,356 / 5,211
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013141553NAL0003217586001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141553NAL0003217586001, received 2025-10-13
Administrative expenses as a share of assets
0.128%
Higher than 77% of the 2,407 plans $250M to 1B that report it.
= $415,356 / $324,417,585
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013141553NAL0003217586001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013141553NAL0003217586001, received 2025-10-13
Employer contributions per participant
$2,746
Higher than 43% of the 2,457 plans $250M to 1B that report it.
= $14,311,468 / 5,211
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013141553NAL0003217586001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141553NAL0003217586001, received 2025-10-13
Employer share of total contributions
37.7%
Higher than 70% of the 2,459 plans $250M to 1B that report it.
= $14,311,468 / $37,989,624
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013141553NAL0003217586001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013141553NAL0003217586001, received 2025-10-13
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013141553NAL0003217586001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MASONITE CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Plan name | MASONITE SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Sponsor EIN / plan number | 64-0198020 / 101 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Sponsor location | TAMPA, FL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Industry (business code) | 321900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Participants, beginning of year | 6,758 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Active participants | 4,516 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Participants, end of year | 6,106 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Participants with an account balance | 5,211 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Total assets, beginning of year | $300,160,264 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Total assets, end of year | $324,417,585 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Net assets, end of year | $324,417,585 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Total income | $83,528,710 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Net income | $-11,492,606 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Employer contributions | $14,311,468 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Participant contributions | $21,594,914 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $2,083,242 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Total contributions | $37,989,624 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Benefit payments | $94,582,812 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $95,021,316 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Total administrative expenses | $415,356 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Contract administrator fees | $1,274 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Recordkeeping fees | $312,712 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| IQPA audit fees | $17,500 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Investment advisory and management fees | $80,606 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Administrative expenses excluding investment management | $334,750 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Held in common/collective trusts | $50,932,615 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Held in mutual funds | $266,919,537 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013141553NAL0003217586001, received 2025-10-13 |
| Independent auditor | WINDHAM BRANNON, LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013141553NAL0003217586001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013141553NAL0003217586001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $352,793 | no |
| NFP RETIREMENT INC | NONE | 28 Investment management; 50 Direct payment from the plan | $20,000 | no |
| WINDHAM BRANNON PC | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $17,500 | no |
| AFS ADVISORS LLC | NONE | 28 Investment management; 50 Direct payment from the plan | $10,000 | no |
| 401 K ADVISORS INC | NONE | 28 Investment management; 50 Direct payment from the plan | $10,000 | no |
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 20251013141553NAL0003217586001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $300,160,264 | $324,417,585 | 8.1% |
| Participants with a balance | 4,956 | 5,211 | 5.1% |
| Administrative expenses | $336,770 | $415,356 | 23.3% |
| Recordkeeping fees per participant | $58.40 | $60.01 | 2.8% |
| Employer contributions | $12,002,615 | $14,311,468 | 19.2% |
Prior filing 20241009123125NAL0031149168001, received 2024-10-09; the plan years are contiguous.