Defined Benefit (Pension) · DOL Form 5500 · 2023

Masterbrand, Inc. Pension Plan

Data updated 2026-08-25

$138M
Total assets Near avg plan size
679
Participants Below avg headcount
93rd
Percentile by assets National rank
$203,822
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Masterbrand, Inc. Pension Plan · Sponsored by Masterbrand, Inc. · Ohio · Manufacturing

$138M in assets, 679 participants

Masterbrand, Inc.'s Masterbrand, Inc. Pension Plan reported $138M in total assets and 679 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,757 in Manufacturing (18,722 peers)

Where Masterbrand, Inc. Pension Plan sits by assets

Masterbrand, Inc. Pension Plan sits in the top 10% of all filed plans by assets, $138M for 679 participants (~$203,822/participant), up 16.5% in 2023.

#16,757
in Manufacturing (18,722 peers)
+16.5%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Masterbrand, Inc. Pension Plan's outsized position by total assets

Masterbrand, Inc. Pension Plan vs every filed plan by assets

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

$138,394,891 Top 7% higher than 93% 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

Masterbrand, Inc. Pension 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. Masterbrand, Inc. Pension Plan sits mid-pack in the medium band (679 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Masterbrand, Inc. Pension Plan reported net income rose from -$48M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Masterbrand, Inc. Pension Plan end-of-year assets rose from $119M in the plan year 2022 filing to $138M in the plan year 2023 filing.
  • Masterbrand, Inc. Pension Plan reported participants fell from 761 in the plan year 2022 filing to 679 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 133346717 · Masterbrand, Inc. PY 2023 · Defined Benefit (Pension)

Masterbrand, Inc. Pension Plan · $138M · 679 · 93rd

  • BOY $138M
  • SCH 679
  • EBSA 93rd
  • PART Defined Benefit (Pension)
  • TYPE near Iubac - Local Union Officers & Employees Pension Plan
  • NET ind #16757

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 Ohio →

Masterbrand, Inc. Pension Plan in the asset neighbourhood

Efw Inc. Consolidated Retirement PlanEfw Inc. Consolidated Retire…$139MWec Energy Group Legacy Retirement Account PlanWec Energy Group Legacy Reti…$138MIubac - Local Union Officers & Employees Pension PlanIubac - Local Union Officers…$138MMasterbrand, Inc. Pension PlanMasterbrand, Inc. Pension Pl…$138MDresser, LLC Consolidated Salaried Retirement PlanDresser, LLC Consolidated Sa…$138M
End-of-year total assets ($M) among Masterbrand, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$119M
Net Assets (End of Year)$135M
Net Income$17M
Employer EIN133346717
Plan Effective Date1988-07-01
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 Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Masterbrand, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Masterbrand, Inc. Pension Plan, Total assets ($B): 0.138394891 · Participants: 679Masterbrand, Inc. Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Masterbrand, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Masterbrand, Inc. Pension Plan side-by-side with 3 peers →

Masterbrand, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Iubac - Local Union Officers & Employees Pension Plan in DC ($138M); by covered participants it is American Air Liquide Holdings, Inc. Retirement Plan in TX (679 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (679 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 Masterbrand, Inc. Pension Plan assets move in 2023? ▼
Masterbrand, Inc. Pension Plan grew sharply - up 16.5% during 2023, from $119M to $138M. Reported net income was $17M.
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, Inc. Pension Plan rank by assets among Form 5500 filers? ▼
Masterbrand, Inc. Pension Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Masterbrand, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iubac - Local Union Officers & Employees Pension Plan in DC ($138M, 327 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Masterbrand, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is American Air Liquide Holdings, Inc. Retirement Plan in TX (679 participants, $495M 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 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.