Wisconsin › Finance and insurance › 500 to 999 participants
Form 5500 statement · plan year 1 Jun 2024 to 31 May 2025
Wisconsin Masons 401(k) Plan and Trust
Sponsored by The Board of Trustees of the Wisconsin Masons 401(k) Plan and Trust, Madison, WI
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Wisconsin Masons 401(k) Plan and Trust is a 401(k) plan sponsored by The Board of Trustees of the Wisconsin Masons 401(k) Plan and Trust of Madison, Wisconsin. For the plan year ending 31 May 2025 it reported 865 participants, 811 of them active, and net assets of $27.3M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $31,512 per participant, well below the $46,267 median for defined contribution plans with 500 to 999 participants and well below the $92,294 median for defined contribution plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 6 service provider organisations paid $5,000 or more, with reported compensation of $127K: $147 per participant, well above the same-size median of $113. Administrative expenses charged to the plan were $148K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $8.9M in 2009 to $27.3M in 2024 (up 205%), and participants from 686 to 865 (up 26%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $31,512 | $46,267 | $92,294 | $53,102 |
| Employer contributions per active participant | — | $1,934 | $3,564 | $2,175 |
| Schedule C compensation per participant | $147 | $113 | $137 | $123 |
| Schedule C compensation, share of net assets | 0.47% | 0.25% | 0.17% | 0.26% |
| Administrative expenses per participant | $171 | $109 | $130 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), finance and insurance (4,391) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 865 | $27.3M | $31,512 | — | $1.4M | $127K |
| 2023 | 736 | $25.3M | $34,427 | — | $1.2M | $100K |
| 2022 | 695 | $23.0M | $33,094 | — | $1.1M | $105K |
| 2021 | 674 | $23.7M | $35,153 | — | $1.0M | $96K |
| 2020 | 600 | $26.7M | $44,507 | — | $972K | $91K |
| 2019 | 582 | $20.4M | $35,034 | — | $989K | $80K |
| 2018 | 585 | $19.7M | $33,663 | — | $978K | $58K |
| 2017 | 583 | $19.8M | $33,969 | — | $935K | $61K |
| 2016 | 586 | $17.7M | $30,253 | — | $869K | $50K |
| 2015 | 586 | $16.0M | $27,280 | — | $867K | $46K |
| 2014 | 583 | $15.9M | $27,225 | — | $806K | $44K |
| 2013 | 595 | $14.5M | $24,291 | — | $694K | $34K |
| 2012 | 609 | $12.6M | $20,745 | — | $679K | $36K |
| 2011 | 640 | $10.8M | $16,892 | — | $727K | $40K |
| 2010 | 662 | $11.3M | $17,018 | — | $716K | $42K |
| 2009 | 686 | $8.9M | $13,013 | — | $723K | $35K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$25,337,722
- Employer contributions—
- Participant contributions$1,397,175
- Rollovers and other contributions—
- Total contributions$1,397,175
- Total income, including investment results$3,905,528
- Benefits paid$1,837,068
- Administrative expenses$148,098
- Total expenses$1,985,166
- Net income$1,920,362
- Net transfers$0
- Net assets, end of year$27,258,084
Participants
- Active participants811
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits54
- Participants with account balances865
- Total participants, end of year865
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Empower Annuity Insurance | Trustee (bank, trust company, or similar financial institution) | $40,887 | $0 |
| Reinhart Boerner Van Deuren S.C. | Legal | $29,664 | $0 |
| Benesys, Inc. | Contract Administrator | $18,916 | $0 |
| Pension Group Financial Group LLC | Investment advisory (plan) | $15,763 | $0 |
| Sikich CPA LLC | Accounting (including auditing) | $13,156 | $0 |
| The Previant Law Firm | Legal | $8,619 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$67,219
- Legal fees$39,158
- Contract administrator fees$18,916
- IQPA audit fees$13,156
- Other administrative expenses$7,291
- Trustee and custodial fees$2,358
- Total administrative expenses$148,098
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$18.6M · 68.3%
- Common/collective trusts$5.9M · 21.5%
- Insurance company general account$1.4M · 5.3%
- Pooled separate accounts$1.1M · 4.0%
- Cash (interest and non-interest bearing)$150K · 0.5%
- Receivables$71K · 0.3%
- Buildings and other property used in plan operation$1,565 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmSikich CPA LLC
- Participant contributions reported as transmitted lateYes, $118,322
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2GTotal participant-directed account plan2JCode section 401(k) feature
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 525100: Insurance & Employee Benefit Funds.
Similar plans in Wisconsin
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Community First Credit Union Capital Accumulation Plan | Community First Credit Union | 938 | $40.7M | $43,422 |
| Ixonia Bank 401(k) Savings Plan | Ixonia Bank | 846 | $21.4M | $25,257 |
| Quartz Health Solutions, Inc. 401(k) Plan | Quartz Health Solutions, Inc. | 1,005 | $126M | $125,395 |
| Connexus Credit Union 401(k) Plan | Connexus Credit Union | 834 | $54.0M | $64,747 |
| Royal Credit Union 401(k) Plan | Royal Credit Union | 1,059 | $101M | $95,691 |
| Skygen USA 401(k) Plan | Skygen USA | 759 | $62.3M | $82,087 |
Defined contribution plans in finance and insurance closest in size.
Questions and answers
How big is Wisconsin Masons 401(k) Plan and Trust?
865 participants at the end of the plan year ending 31 May 2025, of whom 811 were active employees, with net assets of $27,258,084. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does The Board of Trustees of the Wisconsin Masons 401(k) Plan and Trust contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $127,005 in compensation to service provider organisations, $147 per participant or 0.47% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $148,098. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is The Board of Trustees of the Wisconsin Masons 401(k) Plan and Trust. Recordkeeping or administration: Empower Annuity Insurance and Benesys, Inc.. Investment advisory or management: Pension Group Financial Group LLC. Trustee or custodian: Empower Annuity Insurance. The financial statements were audited by Sikich CPA LLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jun 2024 to 31 May 2025, received by the Department of Labor on 16 Mar 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 39-2008571, plan 001, received 16 Mar 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.