401(k) · DOL Form 5500 · 2022

Masterbrand, Inc. 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
2,303
Participants Above avg headcount
86th
Percentile by assets National rank
$18,108
Avg per participant Low balance/head
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Official DOL plan name: Masterbrand Cabinets LLC Union Employees Savings Plan · Sponsored by Masterbrand, Inc. · Indiana · Manufacturing

$42M in assets, 2,303 participants

Masterbrand, Inc.'s Masterbrand Cabinets LLC Union Employees Savings Plan reported $42M in total assets and 2,303 participants in its 2022 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,520 in Manufacturing (20,602 peers)

Coverage in Indiana

Masterbrand Cabinets LLC Union Employees Savings Plan covers 2,303 participants in Indiana, 4.3x the typical Indiana plan (state average ~541 per filing). Assets: $42M.

#16,520
in Manufacturing (20,602 peers)
-15.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Masterbrand Cabinets LLC Union Employees Savings Plan's outsized position by total assets

Masterbrand Cabinets LLC Union Employees Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$41,702,754 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Masterbrand Cabinets LLC Union Employees Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Masterbrand Cabinets LLC Union Employees Savings Plan lands in the large band (2,303 participants).

Published 5500 schedule card

Filing strip 133346717 · Masterbrand, Inc. PY 2022 · 401(k)

Masterbrand Cabinets LLC Union Employees Savings Plan · $42M · 2,303 · 86th

  • PART $42M
  • TYPE 2,303
  • NET 86th
  • BOOK 401(k)
  • VS-ST near Osg Bulk Ships, Inc. 401(k) Plan
  • BOY ind #16520

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Indiana →

Masterbrand Cabinets LLC Union Employees Savings Plan in the asset neighbourhood

Knape & Vogt Retirement Savings PlanKnape & Vogt Retirement Savi…$42MMasterbrand Cabinets LLC Union Employees Savings PlanMasterbrand Cabinets LLC Uni…$42MOsg Bulk Ships, Inc. 401(k) PlanOsg Bulk Ships, Inc. 401(k) …$42MGreenwich Aerogroup, Inc. Retirement Savings PlanGreenwich Aerogroup, Inc. Re…$42MAffinity Group, Inc. Retirement PlanAffinity Group, Inc. Retirem…$42M
End-of-year total assets ($M) among Masterbrand Cabinets LLC Union Employees Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$42M
Net Income-$7M
Employer EIN133346717
Plan Effective Date1996-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Masterbrand, Inc.)

Sponsor-wide plan assets over time

All Masterbrand, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$141M 11.867782313516278% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $161M $141M ▼ -11.9%
Year Plans Participants Total Assets
2022 2 3,064 $161M
2023 2 2,996 $189M
2024 2 2,654 $141M

Nearby 401(k) Plans in Indiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Masterbrand Cabinets LLC Union Employees Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Masterbrand Cabinets LLC Union Employees Savings Plan, Total assets ($B): 0.041702754 · Participants: 2303Masterbrand Cabinets LLC Union Employees Savings PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Masterbrand Cabinets LLC Union Employees Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Masterbrand Cabinets LLC Union Employees Savings Plan side-by-side with 3 peers →

Masterbrand Cabinets LLC Union Employees Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Osg Bulk Ships, Inc. 401(k) Plan in FL ($42M); by covered participants it is Ceridian Savings and Investment Plan in MN (2,302 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,303 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Masterbrand Cabinets LLC Union Employees Savings Plan assets move in 2022? ▼
Masterbrand Cabinets LLC Union Employees Savings Plan declined sharply - down 15.1% during 2022, from $49M to $42M. Reported net income was -$7M.
How have Masterbrand, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Masterbrand, Inc.'s sponsor-wide assets declined 11.9%, from $161M to $141M.
Where does Masterbrand Cabinets LLC Union Employees Savings Plan rank by assets among Form 5500 filers? ▼
Masterbrand Cabinets LLC Union Employees Savings Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Masterbrand Cabinets LLC Union Employees Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Osg Bulk Ships, Inc. 401(k) Plan in FL ($42M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Masterbrand Cabinets LLC Union Employees Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ceridian Savings and Investment Plan in MN (2,302 participants, $504M in assets).

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) - original filing retrieval by EIN 133346717.

Read our methodology - how this data is sourced, computed, and verified.

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