# Mastercraft Electric, INC. 401(k) Plan
Source: https://planprovider.pro/companies/mastercraft-electric-inc-401k-plan

> Mastercraft Electric, INC.'s 401(k) plan: 100 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|—|—|—|

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