Plan Ledger DOL Form 5500 · updated monthly

Mathews Management Inc.401(k)

MATHEWS MANAGEMENT 401(K) RETIREMENT PLAN · SPRINGDALE, AR · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Mathews Management Inc. reported $3,159 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $279 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.18% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Arkansas (360th of 456), and the 1,112th of 2,240 in accommodation & food services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,496,731
Participants with balances241
Active participants685
Employer contributions$191,162
Employee contributions$391,244
Employer contribution per active participant$279
Average account balance$14,509
Benefits paid to participants$224,948
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 241 accts · $191K emplr
2023$2.8M · 241 accts · $172K emplr
2022$2.1M · 116 accts · $110K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,159
Total administrative$3,159
The Mathews Management Inc. 401(k) match · 2024
Employer contribution per active participant$279
Median for plans this size$1,313
2024$279 per active participant
2023$269 per active participant
2022$149 per active participant

Mathews Management Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NATIONWIDE · Recordkeeping · Participant communication$16,767
PENSION SOLUTIONS, INC. · Contract administrator · Recordkeeping$3,650

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Nationwide, PENSION SOLUTIONS, INC.
2023Nationwide, PENSION SOLUTIONS, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,159 · 0.10%
2023$28,397 · 1.15%
2022$25,778 · 1.18%
Same employer
Similar plansAccommodation & Food Services · Arkansas
Fourjay, L.L.C. AR$7.4M · 0.36%
Fowler Foods, Inc. AR$3.8M · 1.28%
Hospitality Group, LLC AR$3.6M · 0.74%
Fort Smith 3, Inc. AR$2.6M · 1.36%
U.S. Pizza Co., Inc. AR$2.5M · 0.62%
Dyne Operating, LLC AR$1.2M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 710779272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.