Mastercraft Industries, Inc. 401(k) Plan: Login, Facts & Contact Information

Mastercraft Industries, Inc. 401(k) Plan Facts

Plan name
MASTERCRAFT INDUSTRIES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MASTERCRAFT INDUSTRIES, INC.
Participants
261 (151 active employees)
Former employees with a balance
104
Plan assets
$10,788,267 at Dec 31, 2024
Average account balance
$58,315 across 185 accounts
Employer contributions
$90,141 in plan year 2024 (19% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1993
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 11, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $487,331 went into the plan in contributions, $90,141 of it from the employer (19%).
  • $2.66 million was paid out to participants.
  • Investment and other income added $1.36 million.
  • Administrative expenses were $47,891, about $259 per account.

How the Mastercraft Industries, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019226$10.8 million$102,015$1.66 million
2020237$12.1 million$98,369$865,889
2021215$12.2 million$94,398$1.72 million
2022228$10.0 million$107,130$597,660
2023261$11.7 million$91,420$504,777
2024261$10.8 million$90,141$2.66 million

Mastercraft Industries, Inc. 401(k) Contact Information

Phone
715-234-8111
Mailing address
120 W. ALLEN STREET, RICE LAKE WI 54868
Plan sponsor
MASTERCRAFT INDUSTRIES, INC.
Employer identification number (EIN)
39-1083555
Plan number
001

Questions about the Mastercraft Industries, Inc. 401(k)

Does Mastercraft Industries, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $90,141, 19% of all contributions.

Does the Mastercraft Industries, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Mastercraft Industries, Inc 401(k) plan?

261 participants at the start of plan year 2024, 151 of them active employees, and 104 former employees who still had money in the plan.

What is the average 401(k) balance at Mastercraft Industries, Inc?

About $58,315 per account: $10.8 million in plan assets across 185 accounts with a balance at the end of plan year 2024.

Who manages the Mastercraft Industries, Inc 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Mastercraft Industries, Inc. How do I access my 401(k)?

Your account stays with Alerus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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