Masco Corporation 401(k) Review & Grade
Masco Corporation 401(k) Plan
Livonia, MIManufacturing8,404 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,281Employer $ per active participant
$6,706Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.7BNet plan assets, end of year
$133,378Average balance per account
Score breakdown
- Employer generosity39.5 / 5079th percentile for employer $ per participant
- Low cost21.6 / 2586th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 86th |
| Employee saving | 57th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Masco put in about $6,281 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $52,791,448 |
| Participant (employee) contributions | $56,357,816 |
| Other contributions (incl. rollovers in) | $10,115,546 |
| Administrative expenses paid from the plan | $596,910 |
| Contract administrator fees | $3,600 |
| Investment advisory & management fees | $362,951 |
| Benefits paid out | $172,141,900 |
| Net assets, start / end of year | $1.5B / $1.7B |
| Active participants, start / end of year | 8,286 / 8,523 |
| Participants with account balances | 12,706 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
| Employer stock held by plan | $33,852,567 |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $411,543 reported compensation |
| Fidelity Investments Institutional | $234,544 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250613084728NAL0015559619001, received 2025-06-13, EIN 38-1794485, plan #033, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.