Other
2023 plan-year Other DOL Form 5500

The Mast General Store, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by The Mast General Store, Inc. Β· North Carolina Β· Retail Trade

What the 2023 filing shows

The Mast General Store, Inc. Employee Stock Ownership Plan holds $9M for 327 participants - about $26,170 per participant, up 5.0% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
327
covered participants
$26,170
avg assets per participant
+5.0%
assets growth YoY
Total Assets (2023)
$9M
Participants
327
Industry
Retail Trade

What the Filing Says About The Mast General Store, Inc. Employee Stock Ownership Plan

The Mast General Store, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by The Mast General Store, Inc., headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 327 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 561383180, and the plan has been effective since 1995-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2023 to $9M at year-end β€” a gain of 5.0%. Net assets (after liabilities) closed the year at $9M, with reported net income of $410K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$410K
Plan TypeOther
Employer EIN561383180
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Mast General Store, Inc.)

Year Plans Participants Total Assets
2022 2 622 $22M
2023 2 638 $24M
2024 2 634 $25M

Nearby Other Plans in North Carolina

Peer Other plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the The Mast General Store, Inc. Employee Stock Ownership Plan?
As of the 2023 Form 5500 filing, The Mast General Store, Inc. Employee Stock Ownership Plan holds $9M in total assets with 327 participants. It is sponsored by The Mast General Store, Inc..
What type of plan is The Mast General Store, Inc. Employee Stock Ownership Plan?
The Mast General Store, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 1995-10-01. The plan is filed with the U.S. Department of Labor under EIN 561383180.
Who sponsors the The Mast General Store, Inc. Employee Stock Ownership Plan?
The Mast General Store, Inc. Employee Stock Ownership Plan is sponsored by The Mast General Store, Inc., located in North Carolina. The sponsor's EIN is 561383180 and the plan operates in the Retail Trade industry.
How did The Mast General Store, Inc. Employee Stock Ownership Plan perform in 2023?
The Mast General Store, Inc. Employee Stock Ownership Plan grew by 5.0% during 2023, moving from $8M to $9M in total assets. Net income was $410K.
Where can I find official filings for The Mast General Store, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for The Mast General Store, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561383180 or plan name at efast.dol.gov.
How does The Mast General Store, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare The Mast General Store, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 561383180.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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