Matrix Tool INC 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Matrix Tool INC
  • Sponsor EIN: 251259371
  • Sponsor Address: 4976 FRANKLIN AVE, FAIRVIEW, PA, 16415
  • Plan Type: 401(k)
  • Plan Number: 001
  • Total Participants: 104
  • Total Assets: $8.9M

Key Plan Design Features

  • Auto-Enrollment: No
  • 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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
2023104$8.9M$70,000$313,076
2022108$8.0M$70,000$306,676

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