Plan Snapshot
- Plan Sponsor: Masterbrand, INC.
- Sponsor EIN: 133346717
- Sponsor Address: 3300 ENTERPRISE PARKWAY, BEACHWOOD, OH, 44122
- Plan Type: DB
- Total Participants: 72
- Total Assets: $82.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 72 | $82.2M | $0 | $0 |
| 2023 | 621 | $138.4M | $13.0M | $0 |
| 2022 | 679 | $118.8M | $0 | $0 |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | -$437 | — | -$437 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: -$437
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 | $168,932 | — | $17,312 | -$437 | — |
| 2023 | $4,574,476 | — | $2,557,066 | $61,000 | — |
| 2022 | $1,112,114 | — | — | — | $1,112,114 |