401(k) · DOL Form 5500 · 2023

Masaba, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
123
Participants Small participant base
52nd
Percentile by assets National rank
$58,626
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Masaba, Inc. 401(k) Retirement Plan · Sponsored by Masaba, Inc. · South Dakota · Manufacturing

$7M in assets, 123 participants

Masaba, Inc.'s Masaba, Inc. 401(k) Retirement Plan reported $7M in total assets and 123 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,750 in Manufacturing (18,722 peers)

Coverage in South Dakota

Masaba, Inc. 401(k) Retirement Plan covers 123 participants in South Dakota, about 36% of the average South Dakota filer (state average ~340 per filing). Assets: $7M.

#6,750
in Manufacturing (18,722 peers)
+21.4%
assets growth YoY

Masaba, Inc. 401(k) Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Masaba, Inc. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,211,009 Top 48% higher than 52% of 127,068 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 2023

Masaba, Inc. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Masaba, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Masaba, Inc. 401(k) Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Masaba, Inc. 401(k) Retirement Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Masaba, Inc. 401(k) Retirement Plan reported participants fell from 137 in the plan year 2022 filing to 123 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 421505445 · Masaba, Inc. PY 2023 · 401(k)

Masaba, Inc. 401(k) Retirement Plan · $7M · 123 · 52nd

  • PART $7M
  • PART 123
  • PART 52nd
  • PART 401(k)
  • PART near The Bowdoin Group 401(k) Plan
  • PART ind #6750

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 South Dakota →

Masaba, Inc. 401(k) Retirement Plan in the asset neighbourhood

Masaba, Inc. 401(k) Retirement PlanMasaba, Inc. 401(k) Retireme…$7MThe Bowdoin Group 401(k) Plan$7MFleet Feet, Inc. 401(k) Plan$7MSullivan-Palatek, Inc 401(k) PlanSullivan-Palatek, Inc 401(k)…$7MFirst National Financial Services 401(k) PlanFirst National Financial Ser…$7M
End-of-year total assets ($M) among Masaba, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Dakota filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN421505445
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Masaba, Inc.)

Sponsor-wide plan assets over time

All Masaba, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 45.122340158616346% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.94M $8.62M ▲ +45.1%
Year Plans Participants Total Assets
2022 1 137 $6M
2023 1 123 $7M
2024 1 134 $9M

Nearby 401(k) Plans in South Dakota

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

Masaba, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Masaba, Inc. 401(k) Retirement Plan, Total assets ($M): 7.211009 · Participants: 123Masaba, Inc. 401(k) Retirement PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 726.965765 · Participants: 2972Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 254.213431 · Participants: 12894Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 235.476974 · Participants: 2254Daktronics, Inc. 401(k) PlanPoet 401(k) Plan, Total assets ($M): 219.059384 · Participants: 2254Poet 401(k) PlanPremier 401(k) Plan, Total assets ($M): 215.996195 · Participants: 1913Premier 401(k) Plan
Masaba, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Masaba, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Masaba, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is The Bowdoin Group 401(k) Plan in MA ($7M); by covered participants it is Sunchase Salary Savings Plan in NC (123 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (123 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Masaba, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Masaba, Inc. 401(k) Retirement Plan grew sharply - up 21.4% during 2023, from $6M to $7M. Reported net income was $1M.
How have Masaba, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Masaba, Inc.'s sponsor-wide assets grew 45.1%, from $6M to $9M.
Which 401(k) plans are similar in size to Masaba, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Bowdoin Group 401(k) Plan in MA ($7M, 61 participants).
Which 401(k) plans cover a similar participant headcount to Masaba, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sunchase Salary Savings Plan in NC (123 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421505445.

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.