Plan Snapshot
- Plan Sponsor: The Mathworks, INC.
- Sponsor EIN: 942960235
- Sponsor Address: 3 APPLE HILL DRIVE, NATICK, MA, 01760
- Plan Type: 401(k)
- Total Participants: 3,799
- Total Assets: $1.8B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 3,799 | $1.8B | $41.6M | $76.9M |
| 2023 | 3,903 | $1.5B | $37.9M | $71.9M |
| 2022 | 3,660 | $1.2B | $32.9M | $61.8M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $266,746 | — | $266,746 |
| FINANCIAL FINESSE INC | NONE | $107,010 | — | $107,010 |
| ROCATON INVESTMENT ADVISORS LLC | NONE | $105,484 | — | $105,484 |
| FISHER INVESTMENTS | NONE | $38,885 | — | $38,885 |
| CHARLES SCHWAB & CO., INC. | NONE | $32,461 | — | $32,461 |
| BDO SEIDMAN LLP | NONE | $32,400 | — | $32,400 |
| HERITAGE FINANCIAL SERVICES | NONE | $13,482 | — | $13,482 |
| JOHNSON INVESTMENT COUNSEL INC | NONE | $9,647 | — | $9,647 |
| SIGNATURE ESTATE & INVESTMENT | NONE | $8,633 | — | $8,633 |
| CREATIVE PLANNING LLC | NONE | $7,327 | — | $7,327 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- FISHER INVESTMENTS — NONE
- CHARLES SCHWAB & CO., INC. — NONE
- BDO SEIDMAN LLP — NONE
- CREATIVE PLANNING LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $622,075
- Estimated Expense Ratio: 0.035% 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 | $644,701 | $345,605 | — | $32,390 | — |
| 2023 | $543,396 | $243,543 | $39,422 | — | — |
| 2022 | $519,441 | $269,249 | — | — | $12,000 |