Plan Snapshot
- Plan Sponsor: Matric Limited, INC.
- Sponsor EIN: 251352929
- Sponsor Address: 2099 HILL CITY ROAD, SENECA, PA, 16346
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $22.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 324 | $22.8M | $341,520 | $1.1M |
| 2023 | 300 | $20.4M | $323,490 | $1.1M |
| 2022 | 274 | $17.5M | $270,907 | $907,900 |
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 |
|---|---|---|---|---|
| LINEWEAVER WEALTH ADVISORS | SERVICE PROVIDER | — | $36,142 | $36,142 |
| CBIZ INVESTMENT ADVISORY SERVICE | SERVICE PROVIDER | $18,546 | — | $18,546 |
| CBIZ BENEFITS AND INSURANCE SVCS | TPA | — | $12,393 | $12,393 |
| MCGILL, POWER, BELL, & ASSOC. LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,081
- Estimated Expense Ratio: 0.295% 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 | $137,937 | $18,546 | $118,066 | — | — |
| 2023 | $92,861 | $11,197 | $77,139 | — | — |
| 2022 | $91,461 | — | $91,461 | — | — |