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Filing

Master Craft Engineering Inc. 401K Retirement Plan

Mastercraft Engineering Inc • EIN 38-1708705 • Tifton, GA • Plan year 2002

Company ProfileSource Archive
323 Southwell BlvdTifton, GA 31794-8828
Filing Insights

Participants

Down

87 → 60

-27 • -31.03%

Assets

Down

$1,781,278 → $1,741,169

-$40,109 • -2.25%

Investment Management Fee

-

Admin expenses - • Total expenses $38,906

Filing Details

Context
Net investment result
$-40,109

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2025117$1,106,445$130,360$7,668iApproximate average salary by contribution assumption: employee only about $191,706 at 4% or $127,804 at 6%; with 50% employer match about $127,804 at 4% or $85,203 at 6%; with 100% employer match about $95,853 at 4% or $63,902 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-17$1,106,445$130,360$7,668iApproximate average salary by contribution assumption: employee only about $191,706 at 4% or $127,804 at 6%; with 50% employer match about $127,804 at 4% or $85,203 at 6%; with 100% employer match about $95,853 at 4% or $63,902 at 6%.
2024117$882,277$48,095$2,829iApproximate average salary by contribution assumption: employee only about $70,728 at 4% or $47,152 at 6%; with 50% employer match about $47,152 at 4% or $31,435 at 6%; with 100% employer match about $35,364 at 4% or $23,576 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-17$882,277$48,095$2,829iApproximate average salary by contribution assumption: employee only about $70,728 at 4% or $47,152 at 6%; with 50% employer match about $47,152 at 4% or $31,435 at 6%; with 100% employer match about $35,364 at 4% or $23,576 at 6%.
2023119$808,106$45,651$2,403iApproximate average salary by contribution assumption: employee only about $60,067 at 4% or $40,045 at 6%; with 50% employer match about $40,045 at 4% or $26,696 at 6%; with 100% employer match about $30,034 at 4% or $20,022 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-19$808,106$45,651$2,403iApproximate average salary by contribution assumption: employee only about $60,067 at 4% or $40,045 at 6%; with 50% employer match about $40,045 at 4% or $26,696 at 6%; with 100% employer match about $30,034 at 4% or $20,022 at 6%.
2022118$674,652$41,260$2,292iApproximate average salary by contribution assumption: employee only about $57,306 at 4% or $38,204 at 6%; with 50% employer match about $38,204 at 4% or $25,469 at 6%; with 100% employer match about $28,653 at 4% or $19,102 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-18$674,652$41,260$2,292iApproximate average salary by contribution assumption: employee only about $57,306 at 4% or $38,204 at 6%; with 50% employer match about $38,204 at 4% or $25,469 at 6%; with 100% employer match about $28,653 at 4% or $19,102 at 6%.
2021124$1,231,483$62,180$2,591iApproximate average salary by contribution assumption: employee only about $64,771 at 4% or $43,181 at 6%; with 50% employer match about $43,181 at 4% or $28,787 at 6%; with 100% employer match about $32,385 at 4% or $21,590 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-24$1,231,483$62,180$2,591iApproximate average salary by contribution assumption: employee only about $64,771 at 4% or $43,181 at 6%; with 50% employer match about $43,181 at 4% or $28,787 at 6%; with 100% employer match about $32,385 at 4% or $21,590 at 6%.
2020126$1,998,326$71,001$2,731iApproximate average salary by contribution assumption: employee only about $68,270 at 4% or $45,513 at 6%; with 50% employer match about $45,513 at 4% or $30,342 at 6%; with 100% employer match about $34,135 at 4% or $22,757 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-26$1,998,326$71,001$2,731iApproximate average salary by contribution assumption: employee only about $68,270 at 4% or $45,513 at 6%; with 50% employer match about $45,513 at 4% or $30,342 at 6%; with 100% employer match about $34,135 at 4% or $22,757 at 6%.
2019125$1,640,324$76,011$3,040iApproximate average salary by contribution assumption: employee only about $76,011 at 4% or $50,674 at 6%; with 50% employer match about $50,674 at 4% or $33,783 at 6%; with 100% employer match about $38,006 at 4% or $25,337 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-25$1,640,324$76,011$3,040iApproximate average salary by contribution assumption: employee only about $76,011 at 4% or $50,674 at 6%; with 50% employer match about $50,674 at 4% or $33,783 at 6%; with 100% employer match about $38,006 at 4% or $25,337 at 6%.
2018130$1,432,333$89,215$2,974iApproximate average salary by contribution assumption: employee only about $74,346 at 4% or $49,564 at 6%; with 50% employer match about $49,564 at 4% or $33,043 at 6%; with 100% employer match about $37,173 at 4% or $24,782 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-30$1,432,333$89,215$2,974iApproximate average salary by contribution assumption: employee only about $74,346 at 4% or $49,564 at 6%; with 50% employer match about $49,564 at 4% or $33,043 at 6%; with 100% employer match about $37,173 at 4% or $24,782 at 6%.
2017140$1,565,999$87,957$2,199iApproximate average salary by contribution assumption: employee only about $54,973 at 4% or $36,649 at 6%; with 50% employer match about $36,649 at 4% or $24,433 at 6%; with 100% employer match about $27,487 at 4% or $18,324 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-40$1,565,999$87,957$2,199iApproximate average salary by contribution assumption: employee only about $54,973 at 4% or $36,649 at 6%; with 50% employer match about $36,649 at 4% or $24,433 at 6%; with 100% employer match about $27,487 at 4% or $18,324 at 6%.
2016143$1,994,543$78,900$1,835iApproximate average salary by contribution assumption: employee only about $45,872 at 4% or $30,581 at 6%; with 50% employer match about $30,581 at 4% or $20,388 at 6%; with 100% employer match about $22,936 at 4% or $15,291 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-43$1,994,543$78,900$1,835iApproximate average salary by contribution assumption: employee only about $45,872 at 4% or $30,581 at 6%; with 50% employer match about $30,581 at 4% or $20,388 at 6%; with 100% employer match about $22,936 at 4% or $15,291 at 6%.
2015141$1,836,259$64,929$1,584iApproximate average salary by contribution assumption: employee only about $39,591 at 4% or $26,394 at 6%; with 50% employer match about $26,394 at 4% or $17,596 at 6%; with 100% employer match about $19,795 at 4% or $13,197 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-41$1,836,259$64,929$1,584iApproximate average salary by contribution assumption: employee only about $39,591 at 4% or $26,394 at 6%; with 50% employer match about $26,394 at 4% or $17,596 at 6%; with 100% employer match about $19,795 at 4% or $13,197 at 6%.
2014138$1,870,488$80,059$2,107iApproximate average salary by contribution assumption: employee only about $52,670 at 4% or $35,114 at 6%; with 50% employer match about $35,114 at 4% or $23,409 at 6%; with 100% employer match about $26,335 at 4% or $17,557 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-38$1,870,488$80,059$2,107iApproximate average salary by contribution assumption: employee only about $52,670 at 4% or $35,114 at 6%; with 50% employer match about $35,114 at 4% or $23,409 at 6%; with 100% employer match about $26,335 at 4% or $17,557 at 6%.
2013124$1,855,411$93,823$3,909iApproximate average salary by contribution assumption: employee only about $97,732 at 4% or $65,155 at 6%; with 50% employer match about $65,155 at 4% or $43,437 at 6%; with 100% employer match about $48,866 at 4% or $32,577 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-24$1,855,411$93,823$3,909iApproximate average salary by contribution assumption: employee only about $97,732 at 4% or $65,155 at 6%; with 50% employer match about $65,155 at 4% or $43,437 at 6%; with 100% employer match about $48,866 at 4% or $32,577 at 6%.
2012124$1,598,713$207,095$8,629iApproximate average salary by contribution assumption: employee only about $215,724 at 4% or $143,816 at 6%; with 50% employer match about $143,816 at 4% or $95,877 at 6%; with 100% employer match about $107,862 at 4% or $71,908 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-24$1,598,713$207,095$8,629iApproximate average salary by contribution assumption: employee only about $215,724 at 4% or $143,816 at 6%; with 50% employer match about $143,816 at 4% or $95,877 at 6%; with 100% employer match about $107,862 at 4% or $71,908 at 6%.
2011122$1,217,906$30,144$1,370iApproximate average salary by contribution assumption: employee only about $34,255 at 4% or $22,836 at 6%; with 50% employer match about $22,836 at 4% or $15,224 at 6%; with 100% employer match about $17,127 at 4% or $11,418 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-22$1,217,906$30,144$1,370iApproximate average salary by contribution assumption: employee only about $34,255 at 4% or $22,836 at 6%; with 50% employer match about $22,836 at 4% or $15,224 at 6%; with 100% employer match about $17,127 at 4% or $11,418 at 6%.
2010127$1,297,298$38,851$1,439iApproximate average salary by contribution assumption: employee only about $35,973 at 4% or $23,982 at 6%; with 50% employer match about $23,982 at 4% or $15,988 at 6%; with 100% employer match about $17,987 at 4% or $11,991 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-27$1,297,298$38,851$1,439iApproximate average salary by contribution assumption: employee only about $35,973 at 4% or $23,982 at 6%; with 50% employer match about $23,982 at 4% or $15,988 at 6%; with 100% employer match about $17,987 at 4% or $11,991 at 6%.
2009131$1,403,563$72,194$2,329iApproximate average salary by contribution assumption: employee only about $58,221 at 4% or $38,814 at 6%; with 50% employer match about $38,814 at 4% or $25,876 at 6%; with 100% employer match about $29,110 at 4% or $19,407 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-31$1,403,563$72,194$2,329iApproximate average salary by contribution assumption: employee only about $58,221 at 4% or $38,814 at 6%; with 50% employer match about $38,814 at 4% or $25,876 at 6%; with 100% employer match about $29,110 at 4% or $19,407 at 6%.
2008132$1,029,603$108,267$3,383iApproximate average salary by contribution assumption: employee only about $84,584 at 4% or $56,389 at 6%; with 50% employer match about $56,389 at 4% or $37,593 at 6%; with 100% employer match about $42,292 at 4% or $28,195 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-32$1,029,603$108,267$3,383iApproximate average salary by contribution assumption: employee only about $84,584 at 4% or $56,389 at 6%; with 50% employer match about $56,389 at 4% or $37,593 at 6%; with 100% employer match about $42,292 at 4% or $28,195 at 6%.
2007135$0$0-
Master Craft Engineering Inc. 401K Retirement Plan-35---
2006137$1,789,660$111,407$3,011iApproximate average salary by contribution assumption: employee only about $75,275 at 4% or $50,183 at 6%; with 50% employer match about $50,183 at 4% or $33,456 at 6%; with 100% employer match about $37,638 at 4% or $25,092 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-37$1,789,660$111,407$3,011iApproximate average salary by contribution assumption: employee only about $75,275 at 4% or $50,183 at 6%; with 50% employer match about $50,183 at 4% or $33,456 at 6%; with 100% employer match about $37,638 at 4% or $25,092 at 6%.
2005133$1,517,514$97,138$2,944iApproximate average salary by contribution assumption: employee only about $73,589 at 4% or $49,060 at 6%; with 50% employer match about $49,060 at 4% or $32,706 at 6%; with 100% employer match about $36,795 at 4% or $24,530 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-33$1,517,514$97,138$2,944iApproximate average salary by contribution assumption: employee only about $73,589 at 4% or $49,060 at 6%; with 50% employer match about $49,060 at 4% or $32,706 at 6%; with 100% employer match about $36,795 at 4% or $24,530 at 6%.
2004131$1,354,891$133,988$4,322iApproximate average salary by contribution assumption: employee only about $108,055 at 4% or $72,037 at 6%; with 50% employer match about $72,037 at 4% or $48,024 at 6%; with 100% employer match about $54,027 at 4% or $36,018 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-31$1,354,891$133,988$4,322iApproximate average salary by contribution assumption: employee only about $108,055 at 4% or $72,037 at 6%; with 50% employer match about $72,037 at 4% or $48,024 at 6%; with 100% employer match about $54,027 at 4% or $36,018 at 6%.
2003273$2,325,905$204,442$2,801iApproximate average salary by contribution assumption: employee only about $70,014 at 4% or $46,676 at 6%; with 50% employer match about $46,676 at 4% or $31,118 at 6%; with 100% employer match about $35,007 at 4% or $23,338 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-73$2,325,905$204,442$2,801iApproximate average salary by contribution assumption: employee only about $70,014 at 4% or $46,676 at 6%; with 50% employer match about $46,676 at 4% or $31,118 at 6%; with 100% employer match about $35,007 at 4% or $23,338 at 6%.
Mastercraft Engineering Inc Employee Health Benefit Plan-0---
2002270$1,741,169$208,541$2,979iApproximate average salary by contribution assumption: employee only about $74,479 at 4% or $49,653 at 6%; with 50% employer match about $49,653 at 4% or $33,102 at 6%; with 100% employer match about $37,239 at 4% or $24,826 at 6%.
Master Craft Engineering Inc. 401K Retirement PlanCurrent60$1,741,169$208,541$3,476iApproximate average salary by contribution assumption: employee only about $86,892 at 4% or $57,928 at 6%; with 50% employer match about $57,928 at 4% or $38,619 at 6%; with 100% employer match about $43,446 at 4% or $28,964 at 6%.
Mastercraft Engineering Inc Employee Health Benefit Plan-70---
2001276$0$0-
Master Craft Engineering Inc. 401K Retirement Plan-76---
Mastercraft Engineering Inc Employee Health Benefit Plan-71---
2000280$1,689,970$216,005$2,700iApproximate average salary by contribution assumption: employee only about $67,502 at 4% or $45,001 at 6%; with 50% employer match about $45,001 at 4% or $30,001 at 6%; with 100% employer match about $33,751 at 4% or $22,501 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-73$1,689,970$216,005$2,959iApproximate average salary by contribution assumption: employee only about $73,974 at 4% or $49,316 at 6%; with 50% employer match about $49,316 at 4% or $32,877 at 6%; with 100% employer match about $36,987 at 4% or $24,658 at 6%.
Mastercraft Engineering Inc Employee Health Benefit Plan-80---
19992107$1,630,052$697,775$6,521iApproximate average salary by contribution assumption: employee only about $163,032 at 4% or $108,688 at 6%; with 50% employer match about $108,688 at 4% or $72,458 at 6%; with 100% employer match about $81,516 at 4% or $54,344 at 6%.
Master Craft Engineering Inc. 401K Retirement Plan-62$1,629,263$221,226$3,568iApproximate average salary by contribution assumption: employee only about $89,204 at 4% or $59,469 at 6%; with 50% employer match about $59,469 at 4% or $39,646 at 6%; with 100% employer match about $44,602 at 4% or $29,735 at 6%.
Mastercraft Engineering Inc Employee Health Benefit Plan-107$789$476,549$4,454iApproximate average salary by contribution assumption: employee only about $111,343 at 4% or $74,229 at 6%; with 50% employer match about $74,229 at 4% or $49,486 at 6%; with 100% employer match about $55,672 at 4% or $37,114 at 6%.
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$1,741,169-$40,109 change

Balance Sheet

Beginning and end of plan year.

Total assets$1,781,278$1,741,169Decrease -$40,109 (-2.25%)
Total liabilities$0$0No change $0
Net assets$1,781,278$1,741,169Decrease -$40,109 (-2.25%)

Contributions

Employer contributions$29,712
Participant contributions$178,829
Other contributions$0

Income & Expenses

Total income$-1,203
Total expenses$38,906
Net income$-40,109
Source fields
Schedule I source fields
Filing Id
84037275073773
Schedule I EIN
38-1708705
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2002-01-01
Schedule I Tax Period
20021231
Small plan total assets at beginning of year
$1,781,278
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$1,781,278
Small plan total assets at end of year
$1,741,169
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$1,741,169
Small plan employer contributions
$29,712
Small plan participant contributions
$178,829
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$-209,744
Small plan total income
$-1,203
Small plan total benefit distributions
$35,453
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$3,453
Small plan total expenses
$38,906
Small plan net income or loss
$-40,109
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
Yes
Small Mortg Participants End of year Amount
$813
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$265,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0