Plan Snapshot
- Plan Sponsor: Mat Holdings, INC.
- Sponsor EIN: 205589196
- Sponsor Address: 6700 WILDLIFE WAY, LONG GROVE, IL, 600475291
- Plan Type: 401(k)
- Total Participants: 996
- Total Assets: $63.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 996 | $63.7M | $1.6M | $3.9M |
| 2023 | 1,008 | $56.8M | $1.5M | $3.7M |
| 2022 | 1,037 | $48.0M | $1.4M | $3.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $63,655 | — | $63,655 |
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,655
- Estimated Expense Ratio: 0.100% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $63,655 | — | $63,655 | — | — |
| 2023 | $67,942 | — | $67,942 | — | — |
| 2022 | $65,173 | — | $65,173 | — | — |