401(k)
2022 plan-year 401(k) DOL Form 5500

Mastercraft Industries, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Mastercraft Industries, Inc. ยท Wisconsin ยท Manufacturing

What the 2023 filing shows

Mastercraft Industries, Inc. 401(k) Plan holds $10M for 153 participants - about $65,417 per participant, down 18.0% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
153
covered participants
$65,417
avg assets per participant
-18.0%
assets change YoY

The plan reported a net loss of $2M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
153
State
Industry
Manufacturing

What the Filing Says About Mastercraft Industries, Inc. 401(k) Plan

Mastercraft Industries, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Mastercraft Industries, Inc., headquartered in Wisconsin. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 153 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 391083555, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $10M at year-end โ€” a decline of 18.0%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-2,203,641 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-2,203,641
Plan Type401(k)
Employer EIN391083555
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mastercraft Industries, Inc.)

Year Plans Participants Total Assets
2022 1 153 $10M
2023 1 169 $12M
2024 1 153 $11M

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Frequently Asked Questions

How much money is in the Mastercraft Industries, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Mastercraft Industries, Inc. 401(k) Plan holds $10M in total assets with 153 participants. It is sponsored by Mastercraft Industries, Inc..
What type of plan is Mastercraft Industries, Inc. 401(k) Plan?
Mastercraft Industries, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 391083555.
Who sponsors the Mastercraft Industries, Inc. 401(k) Plan?
Mastercraft Industries, Inc. 401(k) Plan is sponsored by Mastercraft Industries, Inc., located in Wisconsin. The sponsor's EIN is 391083555 and the plan operates in the Manufacturing industry.
How did Mastercraft Industries, Inc. 401(k) Plan perform in 2022?
Mastercraft Industries, Inc. 401(k) Plan declined by 18.0% during 2022, moving from $12M to $10M in total assets. Net income was $-2,203,641.
Where can I find official filings for Mastercraft Industries, Inc. 401(k) Plan?
Official Form 5500 filings for Mastercraft Industries, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 391083555 or plan name at efast.dol.gov.
How does Mastercraft Industries, Inc. 401(k) Plan compare to other plans?
You can compare Mastercraft Industries, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Wisconsin on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 391083555.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.