Plan Snapshot
- Plan Sponsor: Matrix Design Group, INC.
- Sponsor EIN: 841515767
- Sponsor Address: 2435 RESEARCH PARKWAY, SUITE 300, COLORADO SPRINGS, CO, 80920
- Plan Type: DC
- Total Participants: 173
- Total Assets: $21.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 173 | $21.7M | $1.0M | $0 |
| 2023 | 155 | $19.3M | $1.0M | $0 |
| 2022 | 117 | $17.6M | $1.0M | $0 |
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 |
|---|---|---|---|---|
| MENKE AND ASSOCIATES | TPA | $30,674 | — | $30,674 |
| FIDELITY INVESTMENT | INVESTMENT/CUSTODIAL FEE | $29,238 | — | $29,238 |
| BIGGS KOFFORD | AUDITORS | $13,000 | — | $13,000 |
| BIGGS KOFFORD, P.C. | Auditor | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BIGGS KOFFORD, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,912
- Estimated Expense Ratio: 0.396% 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 | $78,514 | — | — | $13,000 | — |
| 2023 | $71,908 | — | — | $11,750 | — |
| 2022 | $59,680 | — | — | — | $59,593 |