Matter Communications, Inc. Retirement Savings Plan — Form 5500 plan (Matter Communications, 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, Matter Communications, Inc. Retirement Savings Plan is a benefit plan reported by Matter Communications, Inc. under EIN 56-2337891 and plan number 001. The latest loaded filing year is 2023. The filing reports 226 participants and $9,371,195 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.4MPlan net assets, end of year$9,371,195
Participants226Covered participants reported
Assets / participant$41.5KComputed: assets ÷ participants$41,465 (computed)
Provider compensation$74.3K2 Schedule C provider row(s)$74,316
- Plan sponsor
- Matter Communications, Inc.
- EIN
- 56-2337891
- Plan number
- 001
- Plan type
- 2
- Location
- Newburyport, MA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 226 | H, C | 20241014082014NAL0014639443001 |
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)$9.4M total assets
Net assets$9.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $9,371,195
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,371,195
- Net assets (BOY)
- $7,646,875
Income & contributions
- Employer contributions
- $509,594
- Participant contributions
- $1,029,625
- Total contributions
- $1,701,159
- Total income / additions
- $3,109,623
Expenses & distributions
- Benefits paid
- $1,332,223
- Administrative expenses
- $53,080
- Total expenses
- $1,385,303
- Net increase / (decrease)
- $1,724,320
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.
33%67%
Employer 33%Participant 67%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,080 | $0 | 2023 |
| Northwestern Mutual Wealth Mgmt | INVESTMENT ADVISORY | $0 | $21,236 | 2023 |