Plan5500

Masaba, Inc. 401(K) Retirement Plan — Form 5500 plan (Masaba, 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, Masaba, Inc. 401(K) Retirement Plan is a benefit plan reported by Masaba, Inc. under EIN 42-1505445 and plan number 001. The latest loaded filing year is 2023. The filing reports 147 participants and $7,211,009 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Masaba, Inc.
EIN
42-1505445
Plan number
001
Plan type
2
Location
Vermillion, SD
Latest filing year
2023
Participants
147
End-of-year plan assets
$7,211,009

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023147H, C20240917094907NAL0002604001001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,211,009
Total liabilities (EOY)
$0
Net assets (EOY)
$7,211,009
Net assets (BOY)
$5,938,606

Income & contributions

Employer contributions
$186,530
Participant contributions
$543,295
Total contributions
$944,263
Total income / additions
$1,959,855

Expenses & distributions

Benefits paid
$684,685
Administrative expenses
$2,767
Total expenses
$687,452
Net increase / (decrease)
$1,272,403

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Qualified Plan ConsultantsCONTRACT ADMIN$3,377$3,0592023
Empower Advisory Group, LLCINVESTMENT MANAGER$1,268not reported in the loaded dataset2023
Empower Annuity InsuranceRECORDKEEPER$516$02023

Related Form 5500 pages