Retirement plan

MASON COMPANIES RETIREMENT AND SAVINGS PLAN FOR THE COLLECTIVELY BARGAINED EMPLOYEES

Name: MASON COMPANIES, INC. - MASON COMPANIES RETIREMENT AND SAVINGS PLAN FOR THE COLLECTIVELY BARGAINED EMPLOYEES (2020) Form 5500
Creator: MASON COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASON COMPANIES RETIREMENT AND SAVINGS PLAN FOR THE COLLECTIVELY BARGAINED EMPLOYEES, MASON COMPANIES, INC.

MASON COMPANIES, INC.EIN 39-0455220Plan #005PY 2020

1251 FIRST AVENUE - CHIPPEWA FALLS, WI 54729715-723-1871masoncompaniesinc.comLinkedIn501-1000 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement-$48.5M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 26, 2009 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$10.7M

+4.6% from 2019

Total participants

133

-8.3% from 2019

Average account balance

$80,990

+11.8% from 2019

Annual return

10.77%

-4.44 pp from 2019

Benchmarks

See 2,371 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,371 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-95.62%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
FRANCIS INVESTMENT COUNCIL6+ years Service code 26 · EIN 20-1042201	Advisory (Participants)	$19,606
MILLIMAN, INC.6+ years Filed as: MILLIMAN USA, INC. Service code 13 · EIN 91-0675641	Contract Administrator	$10,510
MATRIX TRUST COMPANY6+ years Filed as: MG TRUST CO D/B/A MATRIX TRUST CO Service code 21 · EIN 75-3182674	Bank Trustee	$5,558

Plan features & details

Pension benefit codes3D2E2F2G2J2K2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$37K

$421 / participant

Investment mgmt$20K52.3%
Contract admin$16K42.9%
Other / not subdivided$2K4.8%

% of EOY assets

0.351%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,990

$63,082+28.4%

$81,726-0.9%

$79,856+1.4%

Participation rate

98.9%

67.5%+31.3pp

72.0%+26.9pp

69.6%+29.2pp

Annual return

10.77%

22.66%-11.9pp

29.49%-18.7pp

31.71%-20.9pp

Employer contribution / active EE

$3,174

$1,795+76.8%

$4,311-26.4%

$2,471+28.4%

Participant deferral / active EE

$2,290

$2,780-17.6%

$7,108-67.8%

$3,741-38.8%

Admin fee / account holder

$284

$4,428-93.6%

$5,160-94.5%

$5,306-94.6%

Provider

Service type

Compensation

FRANCIS INVESTMENT COUNCIL6+ years

Service code 26 · EIN 20-1042201

Advisory (Participants)

$19,606

MILLIMAN, INC.6+ years

Filed as: MILLIMAN USA, INC.

Service code 13 · EIN 91-0675641

Contract Administrator

$10,510

MATRIX TRUST COMPANY6+ years

Filed as: MG TRUST CO D/B/A MATRIX TRUST CO

Service code 21 · EIN 75-3182674

Bank Trustee

$5,558

MASON COMPANIES RETIREMENT AND SAVINGS PLAN FOR THE COLLECTIVELY BARGAINED EMPLOYEES

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASON COMPANIES RETIREMENT AND SAVINGS PLAN FOR THE COLLECTIVELY BARGAINED EMPLOYEES

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion