MASCO CORPORATION 401(K) PLAN
Overview
Plan Contact
- Address: ATTN BENEFITS DEPARTMENT,,LIVONIA,MI
- Contact person: STEPHEN ARMBRUSTER
- Phone: (313) 274-7400
Plan General Information
At the end of 2022, the total retirement plan assets of MASCO CORPORATION 401(K) PLAN is $1,286,302,840.This plan was established in 1984.
At the end of 2022, the total number of retirement plan participants in MASCO CORPORATION 401(K) PLAN is 15222
In 2022, the average participant retirement account value for MASCO CORPORATION 401(K) PLAN is $84,502
In 2022, the estimated average employee contribution amount per participant for MASCO CORPORATION 401(K) PLAN is $3,960
In 2022, the estimated average employer match for an employee in MASCO CORPORATION 401(K) PLAN is approximately $2,494
In 2022, MASCO CORPORATION 401(K) PLAN allocates $37,967,346 to match its employees’ contributions, providing an employer match rate of 72.12% of their contributions
In 2022, the total retirement plan asset growth rate of MASCO CORPORATION 401(K) PLAN is -20.84%
In 2022, the estimated aggregate retirement account investment gain/loss for MASCO CORPORATION 401(K) PLAN is -19.99%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of MASCO CORPORATION 401(K) PLAN is 0.04%.
Enrollment Features
MASCO CORPORATION 401(K) PLAN has the following features:Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.