The Mast General Store, Inc. 401(K) Retirement Plan — Form 5500 plan (The Mast General Store, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Mast General Store, Inc. 401(K) Retirement Plan is a benefit plan reported by The Mast General Store, Inc. under EIN 56-1383180 and plan number 002. The latest loaded filing year is 2023. The filing reports 366 participants and $15,214,820 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Mast General Store, Inc.
EIN
56-1383180
Plan number
002
Plan type
2
Location
Banner Elk, NC
Latest filing year
2023
Participants
366
End-of-year plan assets
$15,214,820

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023366H, C20250429075002NAL0000628338001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,214,820
Total liabilities (EOY)
$0
Net assets (EOY)
$15,214,820
Net assets (BOY)
$13,700,259

Income & contributions

Employer contributions
$300,501
Participant contributions
$819,154
Total contributions
$1,171,126
Total income / additions
$2,965,381

Expenses & distributions

Benefits paid
$1,416,051
Administrative expenses
$34,769
Total expenses
$1,450,820
Net increase / (decrease)
$1,514,561

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$34,769$02023

Related Form 5500 pages