Masada Homes Retirement Plan — Form 5500 plan (Masada Homes)
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, Masada Homes Retirement Plan is a benefit plan reported by Masada Homes under EIN 95-2479348 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $7,802,997 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Masada Homes
- EIN
- 95-2479348
- Plan number
- 001
- Plan type
- 2
- Location
- Gardena, CA
- Latest filing year
- 2023
- Participants
- 250
- End-of-year plan assets
- $7,802,997
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 250 | H, C | 20241014110320NAL0014808323001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,802,997
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,802,997
- Net assets (BOY)
- $6,607,892
Income & contributions
- Employer contributions
- $244,096
- Participant contributions
- $555,344
- Total contributions
- $1,090,253
- Total income / additions
- $2,061,436
Expenses & distributions
- Benefits paid
- $827,305
- Administrative expenses
- $39,026
- Total expenses
- $866,331
- Net increase / (decrease)
- $1,195,105
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Life Insurance Company | RECORDKEEPER | $34,190 | $0 | 2023 |
| Benefit Equity Inc. | RECORDKEEPER | $4,836 | $0 | 2023 |