Plan Snapshot
- Plan Sponsor: Matrix Technologies, INC.
- Sponsor EIN: 341315997
- Sponsor Address: 1760 INDIAN WOOD CIRCLE, MAUMEE, OH, 43537
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $80.3M
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 | 302 | $80.3M | $1.7M | $3.5M |
| 2023 | 308 | $66.2M | $1.7M | $3.4M |
| 2022 | 287 | $55.9M | $1.6M | $3.1M |
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 |
|---|---|---|---|---|
| EVERHART ADVISOR | RETAINED BY EMPLOYER | $76,831 | — | $76,831 |
| JOHN HANCOCK | RETAINED BY EMPLOYER | $57,291 | — | $57,291 |
| CLIFTONLARSONALLEN LLP | RETAINED BY EMPLOYER | $11,550 | — | $11,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- CLIFTONLARSONALLEN LLP — RETAINED BY EMPLOYER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,672
- Estimated Expense Ratio: 0.181% 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 | $145,672 | $76,831 | $57,291 | $11,550 | — |
| 2023 | $129,037 | $71,151 | $47,086 | $10,800 | — |
| 2022 | $113,099 | $62,492 | $44,607 | — | $6,000 |