Who sponsors the Matrix Tool, Inc. 401(K) Profit Sharing Plan?

Matrix Tool, Inc. 401(K) Profit Sharing Plan is reported as sponsored by Matrix Tool Inc (EIN 25-1259371, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Matrix Tool, Inc. 401(K) Profit Sharing Plan?

The latest Form 5500 filing year loaded for Matrix Tool, Inc. 401(K) Profit Sharing Plan is 2023.

How many participants does Matrix Tool, Inc. 401(K) Profit Sharing Plan report?

Matrix Tool, Inc. 401(K) Profit Sharing Plan reports 120 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Matrix Tool, Inc. 401(K) Profit Sharing Plan?

Matrix Tool, Inc. 401(K) Profit Sharing Plan reports $8,864,266 in end-of-year plan assets in its latest loaded Form 5500 filing.

Matrix Tool, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Matrix Tool Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Matrix Tool, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Matrix Tool Inc under EIN 25-1259371 and plan number 001. The latest loaded filing year is 2023. The filing reports 120 participants and $8,864,266 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.9MPlan net assets, end of year$8,864,031

Participants120Covered participants reported

Assets / participant$73.9KComputed: assets ÷ participants$73,869 (computed)

Provider compensation$28.2K1 Schedule C provider row(s)$28,195

Plan sponsor: Matrix Tool Inc
EIN: 25-1259371
Plan number: 001
Plan type: 2
Location: Fairview, PA
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	120	H, C	20250710093043NAL0008490944001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.9M total assets

Net assets$8.9MLiabilities$235

Money in vs. money out

Total income / additions$2.4M

Total expenses$1.5M

Benefits paid / distributions$1.5M

Contributions

Employer$70K

Participant$313.1K

Full reported line items

Net assets

Total assets (EOY): $8,864,266
Total liabilities (EOY): $235
Net assets (EOY): $8,864,031
Net assets (BOY): $8,040,046

Income & contributions

Employer contributions: $70,000
Participant contributions: $313,076
Total contributions: $399,478
Total income / additions: $2,352,490

Expenses & distributions

Benefits paid: $1,499,920
Administrative expenses: $28,585
Total expenses: $1,528,505
Net increase / (decrease): $823,985

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

18%82%

Employer 18%Participant 82%

Total expenses ÷ net assets17%Computed ratio

Benefits paid ÷ total income64%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Fidelity Investments Institutional	RECORDKEEPER	$28,195	$0	2023