Masters Supply Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Masters Supply 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, Masters Supply Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Masters Supply Inc. under EIN 61-0550047 and plan number 003. The latest loaded filing year is 2023. The filing reports 180 participants and $6,590,465 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Masters Supply Inc.
- EIN
- 61-0550047
- Plan number
- 003
- Plan type
- 2
- Location
- Louisville, KY
- Latest filing year
- 2023
- Participants
- 180
- End-of-year plan assets
- $6,590,465
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 180 | H, C | 20250421155404NAL0005515456001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,590,465
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,590,465
- Net assets (BOY)
- $4,727,567
Income & contributions
- Participant contributions
- $561,948
- Total contributions
- $761,352
- Total income / additions
- $1,608,595
Expenses & distributions
- Benefits paid
- $449,728
- Administrative expenses
- $17,362
- Total expenses
- $505,170
- Net increase / (decrease)
- $1,103,425
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sigma Planning Corporation | INVESTMENT/FINANCIAL ADVI | $12,133 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $5,228 | $0 | 2023 |