401(k) · DOL Form 5500 · 2023

Master Spas, LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
950
Participants Near avg headcount
63rd
Percentile by assets National rank
$13,138
Avg per participant Low balance/head
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Official DOL plan name: Master Spas, LLC 401(k) Plan · Sponsored by Master Spas, LLC · Indiana · Manufacturing

$12M in assets, 950 participants

Master Spas, LLC's Master Spas, LLC 401(k) Plan reported $12M in total assets and 950 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #9,497 in Manufacturing (18,722 peers)

Master Spas, LLC multi-year trail

Master Spas, LLC's plans moved +51.6% in assets from 2022 to 2024; this filing shows Master Spas, LLC 401(k) Plan at $12M / 950 participants.

#9,497
in Manufacturing (18,722 peers)
+21.3%
assets growth YoY

Master Spas, LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Master Spas, LLC 401(k) Plan vs every filed plan by assets

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

$12,481,123 Top 37% higher than 63% 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

Master Spas, LLC 401(k) 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. Master Spas, LLC 401(k) Plan sits mid-pack in the medium band (950 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Master Spas, LLC 401(k) Plan reported net income rose from -$388K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Master Spas, LLC 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Master Spas, LLC 401(k) Plan reported participants fell from 1,069 in the plan year 2022 filing to 950 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 351974251 · Master Spas, LLC PY 2023 · 401(k)

Master Spas, LLC 401(k) Plan · $12M · 950 · 63rd

  • PART $12M
  • PART 950
  • PART 63rd
  • PART 401(k)
  • PART near Waldon Adelman Castilla Hiestand & Prout, LLP Retirement Plan
  • PART ind #9497

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 →

Master Spas, LLC 401(k) Plan in the asset neighbourhood

Master Spas, LLC 401(k) Plan$12MWaldon Adelman Castilla Hiestand & Prout, LLP Retirement PlanWaldon Adelman Castilla Hies…$12MGcsaa Employee Retirement PlanGcsaa Employee Retirement Pl…$12MMississippi Asthma & Allergy Clinic, P.a. 401(k) Profit Sharing Retirement PlanMississippi Asthma & Allergy…$12MSolace Healthcare, Inc. 401(k) PlanSolace Healthcare, Inc. 401(…$12M
End-of-year total assets ($M) among Master Spas, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Master Spas, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Master Spas, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$16M 51.56707542443023% vs 2022
2024 filing year
$8M$10M$12M$14M$16M$18M 202220232024 $10.3M $15.6M ▲ +51.5%
Year Plans Participants Total Assets
2022 1 1,069 $10M
2023 1 950 $12M
2024 1 800 $16M

Master Spas, LLC filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN351974251
Plan Effective Date1999-02-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Master Spas, LLC 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Master Spas, LLC 401(k) Plan, Total assets ($B): 0.012481123 · Participants: 950Master Spas, LLC 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Master Spas, LLC 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Master Spas, LLC 401(k) Plan side-by-side with 3 peers →

Master Spas, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Waldon Adelman Castilla Hiestand & Prout, LLP Retirement Plan in GA ($12M); by covered participants it is Roy Jorgensen Associates, Inc. Retirement Plan in MD (950 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (950 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 Master Spas, LLC 401(k) Plan assets move in 2023? ▼
Master Spas, LLC 401(k) Plan grew sharply - up 21.3% during 2023, from $10M to $12M. Reported net income was $2M.
How have Master Spas, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Master Spas, LLC's sponsor-wide assets grew 51.6%, from $10M to $16M.
Which 401(k) plans are similar in size to Master Spas, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Waldon Adelman Castilla Hiestand & Prout, LLP Retirement Plan in GA ($12M, 77 participants).
Which 401(k) plans cover a similar participant headcount to Master Spas, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Roy Jorgensen Associates, Inc. Retirement Plan in MD (950 participants, $32M 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 351974251.

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.