# Masaba, INC. 401(k) Plan
Source: https://planprovider.pro/companies/masaba-inc-401k-plan

> Masaba, INC.'s 401(k) plan: 143 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Masaba, INC.

- **Sponsor EIN:** 421505445

- **Sponsor Address:** 1617 317TH STREET, VERMILLION, SD, 570690345

- **Plan Type:** 401(k)

- **Total Participants:** 143

- **Total Assets:** $8.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|143|$8.6M|$208,455|$630,166|

| 2023|126|$7.2M|$186,530|$543,295|

| 2022|114|$5.9M|$146,541|$492,194|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| HENJES, CONNER & WILLIAMS, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HENJES, CONNER & WILLIAMS, P.C.](https://planprovider.pro/provider/henjes-conner-and-williams-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$3,516|—|$3,516|—|—|

| 2023|$2,767|—|$2,767|—|—|

| 2022|$4,459|—|$4,459|—|—|

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