Defined Benefit (Pension) · DOL Form 5500 · 2024

Masterbrand, Inc. Pension Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
621
Participants Below avg headcount
89th
Percentile by assets National rank
$132,400
Avg per participant Near avg balance/head
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Official DOL plan name: Masterbrand, Inc. Pension Plan · Sponsored by Masterbrand, Inc. · Ohio · Manufacturing

$82M in assets, 621 participants

Masterbrand, Inc.'s Masterbrand, Inc. Pension Plan reported $82M in total assets and 621 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,885 in Manufacturing (17,777 peers)

Where Masterbrand, Inc. Pension Plan sits by assets

Masterbrand, Inc. Pension Plan sits in the top quartile of all filed plans by assets, $82M for 621 participants (~$132,400/participant), down 40.6% in 2024.

#14,885
in Manufacturing (17,777 peers)
-40.6%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $54M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$82,220,633 Top 11% higher than 89% of 123,620 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 2024

Masterbrand, Inc. Pension Plan among mid-size filed plans by headcount

Plan-year 2024 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 (621 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Masterbrand, Inc. Pension Plan reported net income fell from $17M in the plan year 2023 filing to -$54M in the plan year 2024 filing.
  • Masterbrand, Inc. Pension Plan end-of-year assets fell from $138M in the plan year 2023 filing to $82M in the plan year 2024 filing.
  • Masterbrand, Inc. Pension Plan reported participants fell from 679 in the plan year 2023 filing to 621 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 133346717 · Masterbrand, Inc. PY 2024 · Defined Benefit (Pension)

Masterbrand, Inc. Pension Plan · $82M · 621 · 89th

  • EOY $82M
  • 5500 621
  • ASSETS 89th
  • PCT Defined Benefit (Pension)
  • EIN near Maritz Holdings Inc. Retirement Plan
  • RANK ind #14885

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

Des Moines Iron Workers Pension TrustDes Moines Iron Workers Pens…$82MMasterbrand, Inc. Pension PlanMasterbrand, Inc. Pension Pl…$82MMaritz Holdings Inc. Retirement PlanMaritz Holdings Inc. Retirem…$82MThe Retirement Plan for Employees of Pentagon Federal Credit UnionThe Retirement Plan for Empl…$82MSemco Energy, Inc. Union Employees' Retirement PlanSemco Energy, Inc. Union Emp…$82M
End-of-year total assets ($M) among Masterbrand, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$138M
Net Assets (End of Year)$81M
Net Income-$54M
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. -500005000100001500020000 -505101520 Total assets ($B) Participants Masterbrand, Inc. Pension Plan, Total assets ($B): 0.082220633 · Participants: 621Masterbrand, Inc. Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit 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 Maritz Holdings Inc. Retirement Plan in MO ($82M); by covered participants it is Valley National Bank Pension Plan in NJ (621 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (621 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Masterbrand, Inc. Pension Plan contracted severely - down 40.6% during 2024, from $138M to $82M. Reported net income was -$54M.
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 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile 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 Maritz Holdings Inc. Retirement Plan in MO ($82M, 401 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 Valley National Bank Pension Plan in NJ (621 participants, $275M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.