Matrix Design Group 401(K) Plan — Form 5500 plan (Matrix Design Group, 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 Design Group 401(K) Plan is a benefit plan reported by Matrix Design Group, Inc. under EIN 84-1515767 and plan number 001. The latest loaded filing year is 2023. The filing reports 255 participants and $13,955,882 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14MPlan net assets, end of year$13,955,882
Participants255Covered participants reported
Assets / participant$54.7KComputed: assets ÷ participants$54,729 (computed)
Provider compensation$9761 Schedule C provider row(s)
Plan sponsor
Matrix Design Group, Inc.
EIN
84-1515767
Plan number
001
Plan type
2
Location
Colorado Springs, CO
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023255H, C20241007094003NAL0015888337001
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)$14M total assets
Net assets$14MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$738.3K
Benefits paid / distributions$651.7K
Contributions
Employer$196.3K
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$13,955,882
Total liabilities (EOY)
$0
Net assets (EOY)
$13,955,882
Net assets (BOY)
$10,911,621

Income & contributions

Employer contributions
$196,349
Participant contributions
$1,421,158
Total contributions
$2,041,277
Total income / additions
$3,782,598

Expenses & distributions

Benefits paid
$651,732
Administrative expenses
$86,605
Total expenses
$738,337
Net increase / (decrease)
$3,044,261

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance Co.NONE$976$02023

Related Form 5500 pages