401(k) · DOL Form 5500 · 2023

Masonite Corporation 401(k) Plan

Data updated 2026-08-25

$300M
Total assets Above avg plan size
5,184
Participants Above avg headcount
96th
Percentile by assets National rank
$57,901
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Masonite Savings Plan · Sponsored by Masonite Corporation · Florida · Manufacturing

$300M in assets, 5,184 participants

Masonite Corporation's Masonite Savings Plan reported $300M in total assets and 5,184 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,572 in Manufacturing (18,722 peers)

Coverage in Florida

Masonite Savings Plan covers 5,184 participants in Florida, 8.3x the typical Florida plan (state average ~628 per filing). Assets: $300M.

#17,572
in Manufacturing (18,722 peers)
+20.2%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Masonite Savings Plan's outsized position by total assets

Masonite Savings Plan vs every filed plan by assets

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

$300,160,264 Top 4% higher than 96% 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

Masonite Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Masonite Savings Plan lands in the large band (5,184 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Masonite Savings Plan reported net income rose from -$39M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Masonite Savings Plan end-of-year assets rose from $250M in the plan year 2022 filing to $300M in the plan year 2023 filing.
  • Masonite Savings Plan reported participants rose from 4,798 in the plan year 2022 filing to 5,184 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 640198020 · Masonite Corporation PY 2023 · 401(k)

Masonite Savings Plan · $300M · 5,184 · 96th

  • TYPE $300M
  • NET 5,184
  • BOOK 96th
  • VS-ST 401(k)
  • BOY near Kraft Heinz Union Savings Plan
  • SCH ind #17572

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 Florida →

Masonite Savings Plan in the asset neighbourhood

Long Island Electric Utility Servco LLC Incentive Thrift Plan ILong Island Electric Utility…$301MVerizon Savings and Security Plan for West Region Hourly EmployeesVerizon Savings and Security…$301MKering Americas, Inc. Retirement and Savings PlanKering Americas, Inc. Retire…$300MKraft Heinz Union Savings PlanKraft Heinz Union Savings Pl…$300MMasonite Savings Plan$300M
End-of-year total assets ($M) among Masonite Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$250M
Net Assets (End of Year)$300M
Net Income$50M
Employer EIN640198020
Plan Effective Date2001-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Masonite Corporation)

Sponsor-wide plan assets over time

All Masonite Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$353M 21.282424080675483% vs 2022
2024 filing year
$280M$300M$320M$340M$360M 202220232024 $291M $353M ▲ +21.3%
Year Plans Participants Total Assets
2022 3 5,707 $291M
2023 2 6,091 $345M
2024 2 5,704 $353M

Nearby 401(k) Plans in Florida

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

Masonite Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Masonite Savings Plan, Total assets ($B): 0.300160264 · Participants: 5184Masonite Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Masonite Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Masonite Savings Plan

Masonite Savings Plan reports $300M in end-of-year assets across 5,184 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $57,901 per participant (42% of the national average assets-per-participant) . Net income for plan year 2023 was $50M.

This plan identity (EIN 640198020, plan #101) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $250M to $324M (+29.9%) while covered participants moved from 4,798 to 4,957 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,798 $250M Open filing
2023 5,184 $300M This page
2024 · index core 4,957 $324M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Masonite Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Kraft Heinz Union Savings Plan in PA ($300M); by covered participants it is Red Bull North America, Inc. Retirement Income Plan in CA (5,186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,184 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 Masonite Savings Plan assets move in 2023?
Masonite Savings Plan grew sharply - up 20.2% during 2023, from $250M to $300M. Reported net income was $50M.
How have Masonite Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Masonite Corporation's sponsor-wide assets grew 21.3%, from $291M to $353M.
Where does Masonite Savings Plan rank by assets among Form 5500 filers?
Masonite Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Masonite Savings Plan?
Among 401(k) plans in other states, the closest by assets is Kraft Heinz Union Savings Plan in PA ($300M, 3,778 participants).
Which 401(k) plans cover a similar participant headcount to Masonite Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Red Bull North America, Inc. Retirement Income Plan in CA (5,186 participants, $339M in assets).