Mastercontrol 401(K) Savings Plan — Form 5500 plan (Mastercontrol Solutions, 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, Mastercontrol 401(K) Savings Plan is a benefit plan reported by Mastercontrol Solutions, Inc. under EIN 87-0662434 and plan number 001. The latest loaded filing year is 2023. The filing reports 795 participants and $50,597,299 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$50.6MPlan net assets, end of year$50,597,299
Participants795Covered participants reported
Assets / participant$63.6KComputed: assets ÷ participants$63,644 (computed)
Provider compensation$159.2K4 Schedule C provider row(s)$159,210
- Plan sponsor
- Mastercontrol Solutions, Inc.
- EIN
- 87-0662434
- Plan number
- 001
- Plan type
- 2
- Location
- Salt Lake City, UT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 795 | H, C | 20240819050734NAL0000630979001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$50.6M total assets
Net assets$50.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $50,597,299
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,597,299
- Net assets (BOY)
- $37,144,571
Income & contributions
- Employer contributions
- $1,605,809
- Participant contributions
- $7,112,005
- Total contributions
- $9,471,292
- Total income / additions
- $17,150,874
Expenses & distributions
- Benefits paid
- $2,696,592
- Administrative expenses
- $159,211
- Total expenses
- $2,858,120
- Net increase / (decrease)
- $14,292,754
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
18%82%
Employer 18%Participant 82%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $62,823 | $0 | 2023 |
| Lpl Financial | INVESTMENT/FINANCIAL ADVI | $56,292 | $0 | 2023 |
| Lpl Financial Corporation Rpcp | INVESTMENT/FINANCIAL ADVI | $40,095 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mastercontrol Solutions, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in Salt Lake City, UT
- Adp, Inc. — Schedule C compensation
- Lpl Financial — Schedule C compensation
- Lpl Financial Corporation Rpcp — Schedule C compensation
- Adp Broker-Dealer — Schedule C compensation