Plan Snapshot
- Plan Sponsor: Masonite Corporation
- Sponsor EIN: 640198020
- Sponsor Address: 1001 E. PALM AVE, TAMPA, FL, 33605
- Plan Type: 401(k)
- Total Participants: 4,516
- Total Assets: $324.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,516 | $324.4M | $14.3M | $21.6M |
| 2023 | 5,577 | $300.2M | $12.0M | $18.3M |
| 2022 | 5,064 | $249.8M | $11.0M | $17.2M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $352,793 | — | $352,793 |
| NFP RETIREMENT INC | NONE | $20,000 | — | $20,000 |
| WINDHAM BRANNON PC | NONE | $17,500 | — | $17,500 |
| 401 K ADVISORS INC | NONE | $10,000 | — | $10,000 |
| AFS ADVISORS LLC | NONE | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- NFP RETIREMENT INC — NONE
- WINDHAM BRANNON PC — NONE
- 401 K ADVISORS INC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $410,293
- Estimated Expense Ratio: 0.126% of plan assets
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 | $415,356 | $80,606 | $1,274 | $17,500 | — |
| 2023 | $336,770 | $28,592 | $18,755 | — | — |
| 2022 | $337,202 | $15,000 | — | — | $18,951 |