Plan Snapshot
- Plan Sponsor: Mastercraft Electric, INC.
- Sponsor EIN: 911393760
- Sponsor Address: 206 FRONTAGE RD N, PACIFIC, WA, 98047
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 100 | $10.1M | $453,693 | $491,614 |
| 2023 | 111 | $9.1M | $443,085 | $466,605 |
| 2022 | 146 | $7.3M | $420,916 | $507,054 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $16,543 | — | $16,543 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,543
- Estimated Expense Ratio: 0.164% 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 | $56,873 | $15,000 | — | $16,543 | — |
| 2023 | $38,493 | $15,000 | — | — | — |
| 2022 | — | — | — | — | — |